EXAM | QUESTIONS AND CORRECT
ANSWERS | ALREADY GRADED A+ |
LATEST VERSION | VERIFIED ANSWERS
You just entered payroll input for three workers. What is the most efficient
way to run a pay calculation for these workers? ------CORRECT ANSWER--
-------------Run a calculation selecting Smart Calculation Based on Events >
Payroll Input
What is a Pay Component Related Calculation (PCRC)? ------CORRECT
ANSWER---------------A related calculation that is used in the definition of an
earning or deductions
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? ------CORRECT ANSWER---------------True
When would you select the Special Entry checkbox when adding payroll
input? ------CORRECT 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? -----
-CORRECT ANSWER---------------False
,T/F When using payroll input to enter an ongoing deduction, the Start Date
and End Date fields are both required? ------CORRECT ANSWER-------------
--False
Which payroll input processing option do you select when you need to add
or subtract from an existing payment? ------CORRECT ANSWER--------------
-Adjustment
You need to process a spot bonus payment for a worker in the current,
regular pay period. What processing options should you use? ------
CORRECT ANSWER---------------One time, Override, regular run
You want to add a pay component to the Workday-delivered Payroll
Register. What task do you use? ------CORRECT ANSWER---------------
Maintain Register Configuration task
What are the steps for processing a withholding order? ------CORRECT
ANSWER---------------1. Identify disposable income or appropriate wage
base for a withholding order. 2. create a deduction recipient. 3. record the
details of the withholding order.
T/F You need to define the calculation rules and components required to
process withholding orders? ------CORRECT ANSWER---------------False
T/F You must set up withholding order priorities in Workday? ------
CORRECT ANSWER---------------False
, When defining ledger account type, which types should be set up for
payroll? ------CORRECT ANSWER---------------Assets, Liabilities, and
Expense. Best practice to set up the Balance Sheet and Income Statement
What are some payroll-specific business processes? ------CORRECT
ANSWER---------------Assign Pay Group, Assign Costing allocation, Assign
Pay Group for Position Restrictions Event, Pay Cycle Event, Change No
Retro Prior To Date,
What type of security access remains with the position, not the worker if a
worker leaves that position? What type of access does this type of security
have to the tenant? ------CORRECT ANSWER---------------Constrained -
indicated that role access is limited by relationship to the objects and
unconstrained - has no constraints based on organizations the role
supports.
What is the purpose of a pay component security segment? ------
CORRECT ANSWER---------------Defines pay components that non-payroll
users can view, such as managers and benefits administrators. You have
the ability to specify which earnings and deductions are included in the
security segment, and which groups or roles have the ability to view the
pay components included in that segment.
What is the name of the U.S federal payroll (or employment) tax imposed
on both employees and employers to fund Social Security and Medicare? --
----CORRECT ANSWER---------------Federal Insurance Contributions Act
(FICA)