Question 1

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

Question 2

What are three important considerations when you create your batch data to initialize employee balances?

Options :

A : You must use the same date for all batch detail lines.

B : You must create your batches by Legislative Data Group.

C : You must include all balances for one employee within one batch.

D : You must initialize balances before you run any payroll processes.

Answer: B,C,D

Question 3

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 4

How can you delete a payroll flow pattern that has not been previously submitted?

Options :

A : Change the status of the flow pattern to be “Inactive” in Manage Flow Patterns. Then select “Delete” from the actions menu.

B : Ensure all tasks are deleted and then from Manage Payroll Flow Patterns task, search for your flow and select “Delete” from the actions menu.

C : You cannot delete flow patterns.

D : From Manage Payroll Flow Patterns task, search for your flow and select Delete” from the actions menu.

Answer: D

Question 5

Which costing levels can you enter for an offset account?

Options :

A : Department

B : Position

C : Job

D : Element Eligibility

Answer: D

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