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Oracle 1z0-1049-22 Exam Syllabus Topics:
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NEW QUESTION 42
Your Workforce Compensation Plan has the following Plan Cycle setup:
Evaluation Period Start Date: 1-Jan-2014
Evaluation Period End Date: 31-Dec-2014
Worksheet Update Period Start Date: 1-Jan-2014
Worksheet Update Period End Date: 31-Dec-2014
HR Data Extraction: 31-Dec-2014
Eligibility Determination Date: 31-Dec-2014
Worksheet Update Period Start Date: 1-Nov-2014
Worksheet Update Period End Date: 31-Jan-2015
Due to reorganization in the month of December 2014, the Marketing department was split into two new departments: Branding and Communications, which resulted in transfers of many employees from one manager to another.
You, as the compensation administrator, are required to ensure that all the relevant organizational changes are included in the Compensation Worksheet. What would you have to do to accomplish this? (Choose the best answer.)
- A. Run the Refresh Workforce Compensation Data process on 1-Nov-2014 because that is the date when line managers start updating the worksheet.
- B. Schedule the Refresh Workforce Compensation Data process nightly to ensure that line managers see the most current data, including the recent transfers and other employment changes.
- C. Run the Back Out Workforce Compensation Data process with the "Full back out" option.
- D. Validate Plan Setup to ensure that all HR Data updates are accounted in the worksheet.
Answer: B
NEW QUESTION 43
Which two statements are true about Base Pay? (Choose two.)
- A. For Base Pay earnings elements, eligibility is determined by the deduction basis that is assigned to the worker.
- B. You attach a single earnings element to each salary basis to hold Base Pay earnings, and assign a salary basis to each worker to calculate Base Pay.
- C. You attach elements at various levels in the Salary object hierarchy to create deductions and earnings that can be processed in a payroll run to calculate Base Pay.
- D. You enter a salary basis for each worker that becomes the worker's Base Pay earnings.
- E. For Base Pay earnings elements, eligibility is determined by the salary basis that is assigned to the worker.
Answer: B,E
Explanation:
Reference:
https://docs.oracle.com/cd/E37583_01/fusionapps.1116/e20379/F720777AN425A7.htm
NEW QUESTION 44
An organization uses Compensation Statement for its workers in the UK. One of the categories used in the statement has the display name as One-Time Bonus. As an implementation consultant, you are in the process of configuring a new Compensation Statement for workers in Indi a. You decide to reuse the category for the new Compensation Statement. In the process of configuring the Statement Definition, you update the Compensation Category display name to Annual Bonus. However, when the Compensation Statement for workers in the UK displays, it continues to show the Category display name as One-Time Bonus.
What is the cause for this? (Choose the best answer.)
- A. The Compensation Category display name is specific to a Statement Definition.
- B. After the Compensation Statement is generated for workers in India, the Category display name of Annual Bonus will start reflecting in the Compensation Statement of workers in the UK.
- C. Workers in the UK need to refresh their statements in order to see the updated display name.
- D. The Compensation Statement Definition synchronization process needs to be run to update the Compensation Category display name in all statement definitions.
Answer: B
NEW QUESTION 45
Performance Ratings are enabled in a compensation plan and a Rating Model is supposed to be created. Which two mandatory tasks are involved in creating the Rating Model? (Choose two.)
- A. Create Target Distributions for each of the rating levels.
- B. Review points with from and to points entered for the rating level.
- C. Create a Rating Level for the rating model.
- D. Populate Rating Categories for all rating levels.
Answer: A,D
NEW QUESTION 46
Your customer wants to configure a workforce compensation plan with multiple cycles. Identify two correct statements about plan cycles. (Choose two.)
- A. A plan can have multiple compensation cycles, each with unique period dates.
- B. A plan can have multiple compensation cycles, each with same period dates.
- C. Each plan that requires a different cycle must be created manually.
- D. You can duplicate a cycle and specify the number of months to advance all dates.
Answer: A,D
NEW QUESTION 47
A corporation needs to set up a compensation plan for a vehicle allowance that will allow different amounts for different types and models of vehicles.
How can you achieve the desired results? (Choose the best answer.)
- A. Configure as many compensation plans as there are different types and models, because options cannot have associated eligibility profiles, and use the same payroll element for all of them.
- B. Configure as many compensation plans as there are allowed types and models of vehicles, because options cannot have eligibility profiles associated, and use different payroll elements for each of them.
- C. Configure one compensation plan, add as many options as there are allowed for different types and models. Define eligibility and associate the different payroll elements to all the options such that any payroll element can be associated with only one plan and option.
- D. Configure one compensation plan and add as many options as three are allowed for vehicle types and models. Define eligibility and associate the same payroll element to all the options such that an employee can use only one option.
Answer: C
NEW QUESTION 48
Which is the correct priority of deduction information from highest to lowest? (Choose the best answer.)
- A. 1.Personal deduction card (payroll relationship level). 2. Payroll deduction range values (legislative data group level) 4. Payroll statutory unit deduction card. 4. Tax reporting unit deduction card.
- B. 1. Payroll statutory unit deduction card. 2. Tax reporting unit deduction card. 3. Payroll deduction range values (legislative data group level) 4. Personal deduction card (payroll relationship level).
- C. 1. Personal deduction card (payroll relationship level). 2. Payroll statutory unit deduction card. 3. Tax reporting unit deduction card. 4. Payroll deduction range values (legislative data group level).
- D. 1.Personal deduction card (payroll relationship level). 2. Tax reporting unit deduction card. 3. Payroll statutory unit deduction card. 4. Payroll deduction range values (legislative data group level).
Answer: D
NEW QUESTION 49
Your customer's compensation manager needs to know, what are the four valid statuses of the compensation worksheet? (Choose four.)
- A. Partially approved
- B. Budget Available
- C. Fully Approved
- D. Processed
- E. Started
- F. Submitted
- G. Unprocessed
- H. Closed
Answer: B,C,D,F
NEW QUESTION 50
Which two tasks are performed by compensation managers while determining budgets? (Choose two.)
- A. With administrative budgeting, enable managers to award compensation within their allocated budget amounts by automatically publishing budget amounts.
- B. Determine budget amounts offline by downloading budget details to a spreadsheet.
- C. Manually calculate budget amounts or automatically determine budget amounts by using a model.
- D. Publish budgets to line managers to distribute budgets down the reporting hierarchy or to allocate budget amounts at the employee level.
Answer: A,D
NEW QUESTION 51
While working on the compensation changes in an Excel workbook, a manger selects the Upload option and then tries to immediately download the uploaded dat a. As a consultant, you advise him not to do so because of which reason? (Choose the best answer.)
- A. The data uploaded takes some time to be processed by the server and, therefore, when download is clicked immediately, it might still show the older data.
- B. When the Upload button is clicked, the data is loaded to a staging table and an upload process is triggered. This process has to complete successfully before the new data can be downloaded.
- C. This action causes the committed data to download immediately, thereby obscuring the error messages.
- D. This action causes the committed data to roll back, thereby revoking the changes processed.
Answer: B
NEW QUESTION 52
The compensation administrator has configured an Annual Salary Review plan that is linked to the performance of employees so that the annual increment amount is based on the rating that an employee has received in the performance evaluation. The percentages are fixed for each of the ratings by using the dynamic column. All the managers have completed updating the worksheet and the information has been transferred to HR by running the Transfer Workforce Compensation Data to HR process.
After this, the compensation administrator realizes that the increment percentages for each of the ratings used in the dynamic column were incorrect. Now each of these incorrect salary records should be deleted and new correct salary record entries should be made for the employees in Manage Salary.
How should you accomplish this? (Choose the best answer.)
- A. Run the Back Out Workforce Compensation Data process, run the Refresh Workforce Compensation Data process, return the same compensation plan, and then transfer the data to HR.
- B. Correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Data process, and return the same compensation plan.
- C. Change the plan status to Inactivate and create a new compensation plan with correct percentage increase for each of the ratings.
- D. Run the Back Out Workforce Compensation Data process, correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Data process, and rerun the same compensation plan.
- E. Run the Back Out Workforce Compensation Data process, correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Data process, and rerun the same compensation plan. Finally transfer the data to HR.
Answer: C
NEW QUESTION 53
A corporation has implemented Oracle Fusion Workforce Compensation. The requirement is that Bonus Amount should be given only to the Full-Time Assignment category employees who work on weekly payroll. Additionally, the costing information must be transferred to General Ledger.
Which implementation approach is correct for creating the required element? (Choose the best answer.)
- A. creating an input value and setting up costing information at the input value level
- B. creating an auto-indirect rule and setting up costing information at the auto-indirect level
- C. creating status processing rules and setting up costing information at the status processing level
- D. creating an element eligibility link and setting up costing information at the link level
Answer: D
NEW QUESTION 54
While creating a compensation plan, the compensation manager of your client's organization chooses to enable Compensation Change statement. As an implementation consultant, which is the dependent configuration that you would advise the compensation manager to perform? (Choose the best answer.)
- A. Configure related components (Configure Worksheet Page Layout: Detail Table tab.)
- B. Enable the Communications tab type (Configure Worksheet Page Layout).
- C. Enable components and create at least one component (Configure Compensation Components).
- D. Enable components and create a component linked to the budget pool (Configure Compensation Components).
Answer: D
NEW QUESTION 55
As compensation manager, you are creating a Salary and Bonus earnings compensation item to define a total compensation statement. Per system requirements, you must select an appropriate source type to show the correct information on the statement.
Select the correct "Source Type". (Choose the best answer.)
- A. Payroll Element
- B. Salary Basis
- C. Benefit Balance
- D. Formula
Answer: B
NEW QUESTION 56
As an implementation consultant, you are required to define the total compensation statement. You are creating the statement definitions for your compensation statement.
Which three statements are true about the statement definitions? (Choose three.)
- A. Multiple legal employers, multiple countries, and multiple currencies cannot be included in one statement.
- B. The statement definition acts as a template and determines the layout and content of the generated statement.
- C. Edits to compensation categories affect all statement definitions that use that category.
- D. The statement definition consists of compensation items added to compensation categories.
- E. Reusing statement definitions by creating new statement periods and then modifying the definition for subsequent periods is not possible.
- F. Compensation items with sources belonging to different legal employers cannot be added.
Answer: B,D,E
NEW QUESTION 57
Your customer's compensation has an itemized structure. The company wants to increase the Cost of Living allowance of the employees living in the New Jersey area by 3% to compensate for the increased living costs there. Which feature of Oracle Fusion Workforce Compensation can be used to achieve this? (Choose the best answer.)
- A. Action and Action Reasons
- B. Plan Eligibility
- C. Salary Component
- D. Budget Pools
- E. Plan Access
Answer: C
NEW QUESTION 58
A corporation has implemented Oracle Fusion Workforce Compensation. Per business requirements, the Fusion consultant must integrate Oracle Fusion Workforce Compensation with Oracle Fusion Benefits to fetch the value of Benefits Amount as one of the input values for the Benefit element to get the eligible salary of an employee for the compensation process.
Identify the option that will enable fetching of the Benefits Amount value. (Choose the best answer.)
- A. Select "Pay Separately" as the "Special Purpose" option.
- B. Select the "Allow User Entry" and "Create a Database Item" check boxes for the element input value.
- C. Database items are created by default for the element input values.
- D. Create an "Amount" input value at the element eligibility link level.
Answer: B
NEW QUESTION 59
Your customer's company spans multiple countries. It follows a global salary increase process in the month of May and awards bonuses twice a year in the month of June and December for workers who are employed in various countries. As an implementation consultant, you must define Statement Periods for the Compensation Statement. Which three options will you consider? (Choose three.)
- A. the date when merit increases are awarded to workers
- B. the date when bonus is awarded to workers
- C. an optional welcome message
- D. the date that statements become available to workers
- E. the conversion rate date for currency conversions
Answer: B,C,D
NEW QUESTION 60
A corporation implemented Fusion Compensation and wants to validate the salaries with the setup. Select the two options that are true about validation setup. (Choose two.)
- A. Using either a formula at the element level or criteria at the element link level, approval can be prevented when the new or adjusted salary does not pass the configured validation.
- B. Using either a formula at the element level or criteria at the element link level, a warning message can be generated when a new or adjusted salary does not pass the configured validation.
- C. Using grade rate validation, a warning message can be generated when the new or adjusted salary is outside the range of salary configured in the grade rate attached to the salary basis.
- D. Using grade rate validation, approval can be prevented when the new or adjusted salary is outside the range of salary configured in the grade rate attached to salary basis.
Answer: A,C
NEW QUESTION 61
A corporation has implemented Oracle Fusion Workforce Compensation. Oracle Fusion Supplemental Earning Elements must now be created to capture ad hoc payments for eligible workforce.
Which two statements are true about element eligibility criteria for such elements? (Choose two.)
- A. Some element eligibility criteria may not be available, depending on the level at which the element is attached.
- B. You can define multiple eligibility criteria for each element, but there must not be any overlap between them.
- C. You cannot define multiple eligibility criteria for each element in any case.
- D. You can define multiple eligibility criteria for each element, but there must be an overlap between them.
Answer: B,C
Explanation:
You can define more than one eligibility criteria for each element but there must be no overlap between them. For example, you could create one criteria for the combination of grade A and the job Accountant. However, you could not create one criteria for grade A and a second for the job Accountant. This would imply that an accountant on grade A is eligible for the same element twice. If you have more than one criteria for an element, you can enter different default values, qualifying conditions, and costing information for each eligibility group.
NEW QUESTION 62
What classification can you use if employees submit timecards and you want absences taken by these employees to show on the statement of earnings? (Choose the best answer.)
- A. Either Standard Earnings or Absence Classification
- B. Any classification will result in the absences showing
- C. Standard Earnings Classification
- D. Either Absence or Information Classification
- E. Absence Classification
- F. Information Classification
Answer: C
NEW QUESTION 63
You are required to explain to your client the use of Hierarchy design in Compensation Process. Which two Compensation-related activities use Hierarchy? (Choose two.)
- A. Plan access
- B. Feedback survey
- C. Approval routing
- D. Allocating budgets
- E. Sending Compensation alerts
Answer: C,D
NEW QUESTION 64
A corporation implemented Fusion Compensation and must run a compensation cycle. The corporation has seven different active components in the salary basis. Salaries of all the employees must be updated in bulk mode.
Which statement is true about the bulk update using Integrated Workbook? (Choose the best answer.)
- A. Only the first four active components will be loaded at a time by Integrated Workbook.
- B. Only the first five active components will be loaded at a time by Integrated Workbook.
- C. Only the first six active components will be loaded at a time by Integrated Workbook.
- D. Integrated Workbook can be used to update all the seven components.
Answer: B
NEW QUESTION 65
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