Online 1Z0-1050-24 Practice Test

Question 1

You have a requirement to control the values of one input value from another input value.

How do you achieve this?

Options :

A : You cannot achieve this because interdependency on input values is not possible.

B : You can achieve this requirement using the table-validated values sets.

C : You can achieve this requirement using the independent and dependent value sets on input values.

D : You can achieve using lookups.

Answer: D

Question 2

How should you change the order of the task displayed within the payroll flows checklist?

Options :

A : Amend both the sequence of the tasks on the task definition page and the task

B : Amend the task sequence on the task sequencing page.

C : Amend the sequence of the tasks within the task definition page.

D : Amend both the task sequence on the task sequencing page and the sequence within the edit task details page.

Answer: B

Question 3

Which delivered report can be used to verify the details of all payments made to third-parties?

Options :

A : Payment Register Report

B : Third-Party Payment Register

C : Third-Party Invoice Listing

D : Payroll Activity Report

Answer: B

Question 4

Which statement accurately describes how you create a tax reporting unit?

Options :

A :

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.

B :

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.

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

D :

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.

Answer: A

Question 5

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?

Options :

A :

Create two personal payment methods for each of your employees: one for their salary payments and one for their third-party payments.

B : Write a formula to select the correct bank account for employees and third parties.

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

EXPERTY DESIGNED 1Z0-1050-24 PRACTICE TEST