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T/F Workday delivers and maintains tax data required for payroll tax
processing, including rate, limits, and calculations?
ANSWERS: True
Where can you find information on the latest compliance changes?
ANSWERS: Payroll Compliance Updates
Earnings and deductions are also called?
ANSWERS: pay components
You need to calculate the year-to-date amount of employee reported tips.
What do you need to create?
ANSWERS: Pay Balances
,T/F PCGs only sum values. They do not subtract values
ANSWERS: True
What type of calculation returns the sum, average, minimum or maximum of
two or more values?
ANSWERS: Aggregate
What type of calculation can you use to return a t/f value?
ANSWERS: Logic
What field links an earning to a compensation plan?
ANSWERS: Compensation Element
You just entered payroll input for three workers. What is the most efficient
way to run a pay calculation for these workers?
ANSWERS: Run a calculation selecting Smart Calculation Based on Events >
Payroll Input
What is a Pay Component Related Calculation (PCRC)?
ANSWERS: 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?
ANSWERS: True
When would you select the Special Entry checkbox when adding payroll
input?
ANSWERS: 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?
ANSWERS: False
T/F When using payroll input to enter an ongoing deduction, the Start Date
and End Date fields are both required?
ANSWERS: False
Which payroll input processing option do you select when you need to add
or subtract from an existing payment?
ANSWERS: Adjustment
, You need to process a spot bonus payment for a worker in the current,
regular pay period. What processing options should you use?
ANSWERS: One time, Override, regular run
You want to add a pay component to the Workday-delivered Payroll
Register. What task do you use?
ANSWERS: Maintain Register Configuration task
What are the steps for processing a withholding order?
ANSWERS: 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?
ANSWERS: False
T/F You must set up withholding order priorities in Workday?
ANSWERS: False
When defining ledger account type, which types should be set up for payroll?
ANSWERS: Assets, Liabilities, and Expense. Best practice to set up the
Balance Sheet and Income Statement