Online Access Free 1z0-1050-20 Practice Test

You defined the department costing information after the Calculate Payroll process is run that creates the costing results also. You noticed that the department costing information is not created for the employees who are in that department.
What should you do to ensure the department costing information is reflected for those employees without rolling back and rerunning the Calculate Payroll?

• A.You do the adjustments in General Ledger because you cannot do changes in the costing results.
• B.You roll back only the costing process and rerun it.
• C.You cannot rectify the costing results after they are created.
• D.You run the Calculate Retroactive Costing process to recalculate costs for retroactive changes to costing setups.

An element is defined with costing type as "Fixed Costing".
Which costing levels are considered while building cost account?

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

You are creating a car allowance element. The rules for this allowance need to reference the salary balance.
How can you meet this requirement?

• A.Reference the database item and appropriate dimension for the salary balance in the allowance element formula.
• B.Enter the salary balance value as an input value on the car allowance element.
• C.Create a balance feed to feed the salary balance to the car allowance element.
• D.Associate the salary balance to a calculation card and reference the calculation card in the allowance element formula.

When defining your customer's monthly payroll, they ask you to set the cut-off date for their monthly payroll to five days before the period end date.
What is the impact of the cut-off date on payroll processing?

• A.The application restricts Payroll users from entering data after the payroll cut-off date.
• B.The cut-off date is for informational purposes only.
• C.The application restricts HR users from entering data after the payroll cut-off date.
• D.The cut-off date triggers the automatic submission of the payroll calculation

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