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Workday Pro Payroll questions with correct answers 2024 graded A+

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workday pro payroll questions with correct answers
workday pro payroll questions
workday pro payroll questions 2024

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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

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