Oracle Payroll Cloud 2017 Implementation Essentials — Question 18

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?

Answer options

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

Correct answer: A

Explanation

The correct answer is A, as it allows for manual conversion of the rate value outside the system before inputting it. Option B suggests defining a conversion rule, which is not the method described in the question. Option C incorrectly states that custom rules cannot be made, and option D involves an indirect element and fast formula, which is not aligned with the requirement of defining your own rules.