Workday Pro Payroll questions with correct answers 2024 graded A+
12 views 0 purchase
Course
Workday Pro Payroll
Institution
Workday Pro Payroll
Workday Pro Payroll questions with correct answers 2024 graded A+
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 ...
Workday Pro Payroll questions with correct answers 2024 graded A+ 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 pe riod schedules? - Answer - True 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 Yo u 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 payrol l tax processing, including rate, limits, and calculations? - 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 t o calculate the year -to-date amount of employee reported tips. What do you need to create? - Answer - Pay Balances 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 - Com pensation 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 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 T/F When using payroll input to enter an on going deduction, the Start Date and End Date fields are both required? - Answer - False Which payroll input processing option do you select when you need to add or subtract from an existing payment? - Answer - Adjustment You need to process a spot bonus pa yment for a worker in the current, regular pay period. What processing options should you use? - Answer - One time, Override, regular run You want to add a pay component to the Workday -delivered Payroll Register. What task do you use? - Answer - Maintain Re gister Configuration task What are the steps for processing a withholding order? - 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? - Answer - False T/F You must set up withholding order priorities in Workday? - Answer - False When defining ledger account type, which types should be set up for payroll? - Answer - Assets, Liabilities, and Expense. Best practice to set up the Balance Sheet and Income Statement T/F You can define default account for posting and modify posting condi tion 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
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Academicaffairs. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $15.49. You're not tied to anything after your purchase.
