Questions and Answers 100%
Correct
What is an example of an object? - ANSWER-Organizations, workers, and
positions
T/F You can calculate payroll multiple times during a pay period? - ANSWER-
True
T/F To include compensation data in your payroll results, you must run a
compensation? - ANSWER-False
What three items comprise the payroll processing framework, which
identifies the when, what, and who process? - ANSWER-Period
Schedule(when), Run Category (what), and Pay Group (who)
,T/F Workday Payroll, Absence and Time Tracking can share period
schedules? - ANSWER-True
Where can you find information on the latest compliance changes? -
ANSWER-Payroll Compliance Updates
Earnings and deductions are also called? - ANSWER-pay components
You need to calculate the year-to-date amount of employee reported tips.
What do you need to create? - ANSWER-Pay Balances
What are two specific types of pay accumulations that you specified in your
regular run? - ANSWER-Gross and Net
What are run categories assigned to in order to pay workers? - ANSWER-Pay
groups and Period Schedules
T/F You cannot complete payroll until you have defined the payment
elections rules for the run category? - ANSWER-True
,What is an organization type that is unique to payroll? - ANSWER-Pay Groups
T/F Workday delivers and maintains tax data required for payroll tax
processing, including rate, limits, and calculations? - ANSWER-True
T/F PCGs only sum values. They do not subtract values - ANSWER-True
What type of calculation returns the sum, average, minimum or maximum of
two or more values? - ANSWER-Aggregate
What type of calculation can you use to return a t/f value? - ANSWER-Logic
What field links an earning to a compensation plan? - ANSWER-
Compensation Element
You just entered payroll input for three workers. What is the most efficient
way to run a pay calculation for these workers? - ANSWER-Run a calculation
selecting Smart Calculation Based on Events > Payroll Input
, What is a Pay Component Related Calculation (PCRC)? - ANSWER-A related
calculation that is used in the definition of an earning or deductions
T/F You can define default account for posting and modify posting condition
rules? - ANSWER-True
You need to see what workers have costing allocations assigned to them.
What report can you access? - ANSWER-All Workers Costing Allocations
T/F You can define the order in which to eliminate or reduce deductions if an
employee's net pay is zero or drops below the minimum net amount for the
run category? - ANSWER-True
When would you select the Special Entry checkbox when adding payroll
input? - ANSWER-Select this checkbox if you want to change an earning or
deduction even if input is not allowed, based on the pay component's
configuration. When Special Entry is selected, Input Details will allow entry of
any type, such as hours, amount, or rate
T/F You cannot delete payroll input once you have run pay calculation? -
ANSWER-False