Online Access Free Oracle.1Z0-1050-21.v2022-11-29.q60 Practice Test (Page 5)

1Z0-1050-21 Exam Question 16

You have completed the setup of third parties and third-party payment methods for your company.
However, you receive a notification that one of the third-party persons to whom an employee is making payment has changed his or her bank details.
What action should you take to rectify this?
Response:

A.Search for the employee using the "Manage Third-Party Person Payment Methods" task and correct the bank details associated with the third-party person.

B.Correct the bank account details associated with the employee's personal payment method.

C.Create a new third party and attach the new bank account details.

D.Change the bank details on the involuntary deduction card.

1Z0-1050-21 Exam Question 17

You hire an employee on 01-JAN-2016. The employee is in the process of moving bank accounts and is yet to create a personal payment method. How will the employee receive their payroll payment for the month of January?

A.They will be paid by check, because this is the default payment method on the employee's payroll.

B.The payment process will error and they will not receive payment for the month of January.

C.A cash payment request will be sent toaccounts payable, and the employee will be paid in cash.

D.They won't receive payment until they have created a personal payment method.

1Z0-1050-21 Exam Question 18

Which status should you select for your flow pattern so it is available under "Submit a Payroll Flow"?

A.Active. Process ofReport

B.Active. Flow Pattern Submission

C.Active. Process. Report, or Payroll Flow

D.Active. Payroll Flow

1Z0-1050-21 Exam Question 19

You have a tax deduction element that credits the same account for all employees irrespective of their home department.
How do you define the costing rules to meet this requirement?

A.You cannot meet this requirement because the costs are automatically apportioned to the respective departments.

B.You create the costing with "Costed" option on tax element.

C.You create the costing with distributed option.

D.You create Fixed Costing on tax deduction element.

1Z0-1050-21 Exam Question 20

You want to define your own rules for converting a rate value from one periodicity to another, such as from weekly to annual. How can you achieve this?
Response:

A.You cannot define your own rules for converting from one periodicity to another.

B.Define your own Periodicity Conversion Rule and select it while creating the element.

C.Create an additional input value, calculate the converted value outside the system, and enter it while creating an element entry.

D.Define an indirect element, write a fast formula to convert the processed value and create the result for an indirect element.

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