1Z0-1049-22 Online Practice Questions and Answers

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. Enable components and create at least one component (Configure Compensation Components).

B. Enable the Communications tab type (Configure Worksheet Page Layout).

C. Enable components and create a component linked to the budget pool (Configure Compensation Components).

D. Configure related components (Configure Worksheet Page Layout: Detail Table tab.)

During the Compensation Review cycle for the year 2014-15, the manager processes his direct reports compensation changes per the model created by him. After making the changes in the worksheet, the manager submits the proposed changes to the next level manager in the hierarchy for approval. What will the Manager status appear as in the workforce compensation area? (Choose the best answer.)

A. In Approvals

B. Processed

C. Fully Approved

D. Submitted

E. Work in Progress

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. Approval routing

B. Allocating budgets

C. Plan access

D. Sending Compensation alerts

E. Feedback survey

Which three tasks are part of Plan Foundation Configuration Options? (Choosethree.)

A. Components

B. Plan Currency

C. Plan Access

D. Alerts

E. Feedback Survey

A corporation implemented Oracle Fusion Workforce Compensation. A Salary Basis has been created and attached to the workers anda Compensation cycle has been run. The corporation now wants to use a different Grade rate for the salary basis.

Which option is true? (Choose the best answer.)

A. After the salary basis is associated with any worker, you cannot delete it or modify any characteristic. Therefore, a new Salary Basis must be created with a new Grade rate.

B. A new Grade rate can be created and the Salary basis can be modified to include it.

C. No new Grade rate can be created.

D. The salary of an employee is based on the grade to which the employee is assigned. Therefore, nothing has to be changed at the salary basis level once it has been created. Employee data must be modified to reflect the new grade.

As an implementation consultant, you are required to define the totalcompensation statement. You are creating the statement definitions for your compensation statement.

Which three statements are true about the statement definitions? (Choose three.)

A. The statement definition acts as a template and determines the layoutand content of the generated statement.

B. The statement definition consists of compensation items added to compensation categories.

C. Multiple legal employers, multiple countries, and multiple currencies cannot be included in one statement.

D. Compensation items with sources belonging to different legal employers cannot be added.

E. Reusing statement definitions by creating new statement periods and then modifying the definition for subsequent periods is not possible.

F. Edits to compensation categories affect all statement definitions that use that category.

An Organization tracks compensation that is not stored in the Benefit Balance, Element Entry, External Data, and Payroll Balance source types. Which three statementsare true about configuring Compensation Items for a Compensation Statement? (Choose three.)

A. Currency can be used as Context when implementing the source type for such Items.

B. Effective Date can be used as Context when implementing the source type forsuch Items.

C. Legislative Data Group ID can be used as Context when implementing the source type for such Items.

D. Manager ID can be used as Context when implementing the source type for such Items.

E. Person ID can be used as Context when implementingthe source type for such Items.

When upper-level managers change the plan access of one or more lower-level managers, they receive a notification informing them about the change in access. Which option do they receive to act on the notification? (Choose the best answer.)

A. Accept

B. Reject

C. Dismiss

D. Reply

How would you control the task of determining if a person is eligible fora compensation plan? (Choose the best answer.)

A. a mix of element eligibility and eligibility profiles

B. through element eligibility only, never with eligibility profiles

C. with the eligibility profiles, never through element eligibility

D. either witheligibility profiles or through element eligibility

Which four tasks are partof Worksheet Configuration Options? (Choose four.)

A. Models

B. Components

C. Performance ratings

D. Compensation change statements

E. Alerts

F. Plan cycles

Your client wants to offer a spot incentive bonus to hourly employees who worked 100 percent of their scheduled shift hours in a three-month period. What type of eligibility profile can you use in this case? (Choose the best answer.)

A. Employment-criteria-based eligibility profile

B. User-defined-criteria-based eligibility profile

C. Derived-factor-based eligibility profile

D. Fast-formula-based eligibility profile

Which three dates are mandatory while creating plan cycles? (Choose three.)

A. Evaluation Period Start Date

B. Worksheet Update Period Start Date

C. Plan Access Start Date

D. HR Data Extraction Date

E. Performance Rating Date

F. Default Due Date

Which three statements are true about payroll deductions? (Choose three.)

A. Wage basis rules are defined at thepersonal level and the context value for the rule is captured on the deduction card.

B. The rates and rules that are defined on a personal deduction card cannot override the values that are defined in the deduction ranges at the legislative level.

C. A personal deduction card contains person-specific information that is used to calculate the deduction amount.

D. The deduction element's status processing rule drives the calculation, accessing the rates and rules that are defined for the related payroll deduction and the values that are captured on a personal deduction card.

E. A payroll deduction comprises the rates and rules that are used to calculate the deduction amount.

After the compensation plan was configured, the Validate Plan Setup process was run successfully with no warnings or errors. However, when the worksheet is accessed by a Line Manager, the Line Manager notices that employees who are ineligible are also visible in the worksheet despite running the Validate Plan Setup process.

What is the reason for this?(Choose the best answer.)

A. The Validate Plan Setup process does not validate eligibility profiles.

B. The compensation administrator did not run the Validate Plan Setup process and run the Start Compensation Cycle process instead.

C. The Validate PlanSetup process failed to report errors from the eligibility profiles.

D. The Validate Plan Setup process showed a warning about errors on the eligibility profiles, which was ignored by the compensation administrator.

Which three statements are true regarding plan cycles? (Choose three.)

A. All active plans are available to be cross-referenced, even plans with no started cycles.

B. You can display a target amount or custom score from a previous plan cycle in the current plan cycle.

C. Active plans are available to be cross-referenced, except plans with no started cycles.

D. You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.

E. You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.