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Oracle Payroll Cloud 2023 Implementation Professional actual questions - 1Z0-1050-23 torrent pdf - Oracle Payroll Cloud 2023 Implementation Professional training vce

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Oracle Payroll Cloud 2023 Implementation Professional Sample Questions (Q14-Q19):

NEW QUESTION # 14
Which statement accurately describes how you create a tax reporting unit (TRU)?

A. When you identify a legal entity as a legal employer, the application transfers the legal reporting units that are associated with that legal employer to HCM as tax reporting units.
B. When you identify a legal entity as a payroll statutory unit, the application transfers the legal reporting units that are associated with that legal entity to HCM as tax reporting units.
C. If you identify a legal entity as a payroll statutory unit, you will have the option to identify the payroll statutory unit as a tax reporting unit.
D. You can identify a legal entity as a tax reporting unit.

Answer: C

NEW QUESTION # 15
You have a requirement to control the values of one input value from another input value.
How do you achieve this?

A. You can achieve using lookups.
B. You can achieve this requirement using the independent and dependent value sets on input values.
C. You cannot achieve this because interdependency on input values is not possible.
D. You can achieve this requirement using the table-validated values sets.

Answer: C

NEW QUESTION # 16
Which is the correct cost hierarchy used to build each account segment?

A. Element Entry, Person Element, Person Payroll, Position, Job, Department, Element Eligibility, Payroll.
B. Element Entry, Person Payroll, Person Element, Position, Job, Department, Payroll, Element Eligibility.
C. Element Entry, Person Element, Person Payroll, Job, Position, Department, Payroll, Element Eligibility.
D. Element Entry, Person Payroll, Person Element, Position, Job, Payroll, Department, Element Eligibility, Payroll.

Answer: D

NEW QUESTION # 17
You are creating a custom balance that needs to include run results of all elements associated with the regular earnings and supplemental earnings classifications.
How should you define the balance feeds to meet this requirement?

A. This requirement cannot be met because a balance cannot be fed by elements from more than one element classification.
B. Create balance feeds for each element belonging to regular earnings and supplemental earnings classifications.
C. Create a balance feed for the regular earnings classification and a balance feed for the supplemental earnings classification.
D. Create balance feeds for each element belonging to regular earnings and supplemental earnings classifications but ensure the number of feeds does not exceed 250.

Answer: C

NEW QUESTION # 18
Your company wants to pay its employees from company bank account A and their third parties from company bank account B. What is the recommended approach for this?

A. Write a formula to select the correct bank account for employees and third parties.
B. Create two personal payment methods for each of your employees: one for their salary payments and one for their third-party payments.
C. Ensure you run the prepayments process separately for your employees and your third parties.
D. Create one organization payment method with two payment sources and configure the usage for each payment source within the payment method rules table.

Answer: D

NEW QUESTION # 19
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