1z0-1013 Free Practice Test

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

1. A. 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.
2. 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.
3. C. You can identify a legal entity as a tax reporting unit.
4. 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.

Correct Answer: B

In order to load balance initialization data, you may load batch headers and batch lines into HCM Cloud using which two named methods? (Choose two.)

1. A. Using WebCenter Content to load the batch data by importing a text file and running the Load Batch from File process
2. B. Using the Payroll Batch Loader spreadsheet to manually enter batch data
3. C. Using the HCM Data Loader to create batch data
4. D. Using the Create New Balances for Employees task in Functional Setup Manager

Correct Answer: BC

A worker’s payroll frequency changes from weekly to monthly. What action should you take?

1. A. Terminate the worker’s assignment record associated to the weekly payrol
2. B. Create a new assignment record and associate it to the monthly payroll.
3. C. Transfer the worker from the weekly payroll to the monthly payroll.
4. D. End the weekly payroll record to the worker and add a new monthly payroll record.
5. E. Update the weekly payroll definition and change the calendar to a weekly frequenc

Correct Answer: B

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?

1. A. Create an additional input value, calculate the converted value outside the system, and enter it while creating an element entry.
2. B. Define your own Periodicity Conversion Rule and select it while creating the element.
3. C. You cannot define your own rules for converting from one periodicity to another.
4. D. Define an indirect element, write a fast formula to convert the processed value and create the result for an indirect element.

Correct Answer: B

Where would a payroll flow task retrieve its parameter information when selecting “Bind to Flow Task Parameter”?

1. A. Derives the value from a SQL Bind
2. B. Derives the value from the output of the previous task
3. C. Derives the value from the context of the current flow instance
4. D. Derives a specific value to the parameter as entered by the user

Correct Answer: B