Online Access Free 1Z1-548 Practice Test

What are the types of program/plan years that the Compensation Workbench supports?

• A.Period Years
• B.Calendar and Fiscal Year
• C.Fiscal Year only
• D.Calendar Year only
• E.Payroll Calendar

You are creating a new non-recurring element. Assume proration is available in the legislation where the element has been created. Identify the two ways in which proration of an element can be achieved.

• A.Embed the proration calculation within the payroll formula and attach the proration group to the element definition.
• B.Attach retro event group to the element definition.
• C.Write a separate proration formula and attach the proration formula to the element definition.
• D.Create input values as effective start date and effective end date to enable proration for that element.
• E.Only recurring elements can be prorated, hence create recurring element for proration.

To generate online Payslips, when do you run the archive process to gather the latest payroll information?

• A.after the Payroll is complete
• B.after the Retro Costing is complete
• C.after the Retro pay Process is complete
• D.after the Pre-Payments is complete
• E.after the Payments process is complete

In your clients system, you notice that the standard hours being defaulted while creating the assignment are not as per the value specified at the Business Group level. Apart from the Business Group, from which two sources are these values defaulted?

• A.Job level
• B.Operating Unit level
• C.Position level
• D.Grade level
• E.HR Organization level

Assuming the Payment process is run and Bank has cleared the payment, which process enables the user to correct the payroll run results after post processing is complete?

• A.Retry Payroll Run
• B.Roll Back
• C.RetroPay
• D.Pre Payments
• E.Reversal