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1z0-1050-22 Questions and Answers

Question # 1

How should you configure the predefined payslip report to meet your customer’s payslip requirements?

A.

Payslips cannot be configured and must be built from the beginning.

B.

Modify the copy of the seeded payslip template and use it in a copy of the seeded payslip report.

C.

Open the seeded Payslip report and edit the template.

D.

Rename the seeded Payslip report and edit the content within the seeded template.

Question # 2

What three options should be considered while defining a costing key flexfield structure? (Choose three.)

A.

Value sets for the segments

B.

Cost hierarchy levels enabled to populate each cost account segment

C.

segments required for the offset account

D.

GL Accounting key flexfield structure

Question # 3

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 areassociated 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.

You can identify a legal entity as a tax reporting unit.

D.

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.

Question # 4

What is the maximum number of segments that a cost allocation key flexfield can have?

A.

15

B.

30

C.

25

D.

10

E.

20

Question # 5

Acustomer’s organization has three Business Units – BU1, BU2, and BU3. You have an Onsite Allowance element, which is at Assignment level, for which only the employees in BU2 and BU3 are eligible.

How do you define the element eligibility for Onsite Allowance element so that the element entry is restricted only for BU2 and BU3?

A.

You cannot meet the requirement as you cannot create element eligibility using business unit as the eligibility criteria.

B.

Onsite Allowance element should be defined as the Payroll Relationship level element so that the element eligibility can be defined using Business Unit as the criteria.

C.

Define the element eligibility as an Open Eligibility and create an element entry only for employees with BU2 and BU3.

D.

Define multipleelement eligibilities using BU2 and BU3 for Business Unit criteria.

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