Updated PDF (New 2022) Actual Oracle 1z0-1049-20 Exam Questions
Verified 1z0-1049-20 Exam Dumps PDF [2022] Access using Pass4sures
Oracle 1z0-1049-20 Exam Syllabus Topics:
| Topic | Details |
|---|---|
| Topic 1 |
|
| Topic 2 |
|
| Topic 3 |
|
| Topic 4 |
|
| Topic 5 |
|
| Topic 6 |
|
| Topic 7 |
|
| Topic 8 |
|
| Topic 9 |
|
NEW QUESTION 57
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, a warning message can be generated when a new or adjusted salary does not pass the configured validation.
- B. 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.
- C. 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.
- 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: B,C
NEW QUESTION 58
A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up the Deductions options.
If Deduction cards are supported at multiple levels, which task in the Setup and Maintenance Work area is used to create deduction card overrides at the Payroll Statutory Unit level? (Choose the best answer.)
- A. Manage Legal Reporting Unit Deduction Records
- B. Manage Payroll Deductions
- C. Manage Legal Entity Deduction Records
- D. Manage Personal Deductions
Answer: A
Explanation:
Explanation
Use the Manage Personal Deductions task in the Payroll Calculations or Payroll Administration work area to create deduction card overrides at the payroll relationship level. If overrides are allowed, the Overrides Allowed on Deduction Cards tab appears in the Component Details section of the Manage Deduction Cards page when you select a deduction component. Click Create to define an override. The override value you enter varies based on the type of override item defined in the deduction range, as described in the previous section. For example, you may enter a rate to be used in the deduction calculation or an amount to be added to the calculated amount.
If your localization supports deduction cards at multiple levels, use the Manage Legal Entity Deduction Records task in the Setup and Maintenance work area to create deduction card overrides at the payroll statutory unit level. Use the Manage Legal Reporting Unit Deduction Records task in the Setup and Maintenance work area to create deduction card overrides at the tax reporting unit level.
NEW QUESTION 59
The compensation administrator wants to run the batch process to administer the compensation cycle. Which are the four valid batch processes in terms of the compensation module? (Choose four.)
- A. Evaluate Workforce Compensation Participation
- B. Adjust Workforce Compensation Enrollment Window
- C. Refresh Workforce Compensation Data
- D. Transfer Workforce Compensation Data to HR
- E. Start Workforce Compensation Cycle
- F. Back Out Workforce Compensation Data
Answer: C,D,E,F
NEW QUESTION 60
A corporation has implemented Oracle Fusion Workforce Compensation. The consultant must now create an element eligibility link for an Earnings element.
While creating the element eligibility link, which three options can be set up in the element eligibility work area? (Choose three.)
- A. costing
- B. input values
- C. status processing rules
- D. retroactive components
- E. general information
- F. auto indirect rules
Answer: A,B,F
NEW QUESTION 61
As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for Salary, Merit Increase, and so on. Identify one set of values that Compensation Items can hold. (Choose the best answer.)
- A. Monetary, Nonmonetary, Date, Text
- B. Monetary, Timestamp, Boolean
- C. Monetary, Nonmonetary, Timestamp, Text
- D. Monetary, Nonmonetary, Date, Boolean
Answer: C
NEW QUESTION 62
Your client has a requirement where work-at-home assignments are not eligible for an employee compensation revision cycle. To facilitate capturing work-at-home assignment, you have created a custom column and associated a List of Values (LOV) with values "Yes" and "No". Now you wish to create an eligibility profile around this. Which is the correct option? (Choose the best answer.)
- A. User-defined-criteria-based eligibility profile on "Work-at-home" and value = "Yes" with exclude option deselected
- B. User-defined-criteria-based eligibility profile on "Work-at-home" and value = "No" with exclude option selected
- C. Derived-factor-based eligibility profile based on the "Work-at-home" column
- D. User-defined-criteria-based eligibility profile on "Work-at-home" and value = "Yes" with exclude option selected
Answer: D
NEW QUESTION 63
The Budget Pool Storage Method selected is "Amount." One of the line managers in the organization has twenty employees reporting to him. One of the employees leaves the organization during the compensation cycle.
What will be the effect on the budget allocated to the Line Manager? (Choose the best answer.)
- A. The published budgets change when a manager's total eligible salary changes, such as when workers are reassigned.
- B. The published budgets is always a percentage of the total budget pool.
- C. The published amounts stay with the manager when workers are reassigned or their eligibility changes.
- D. The published budgets change when a manager's total eligible salary changes, such as when workers eligibility changes.
Answer: C
NEW QUESTION 64
Your customer provides compensation such as salary, bonus earnings (paid twice a year), commissions, stock options, and company-paid taxes to its workers. The customer wants you to implement Compensation Statements with graphs. Which three values of the graph column will you exclude? (Choose three.)
- A. Monetary Values
- B. Text
- C. Dates
- D. Non Monetary Values
- E. more than one nonmonetary unit of measure
Answer: B,C,D
NEW QUESTION 65
A corporation is implementing Oracle Fusion Workforce Compensation and needs to give a spot bonus for a new hire as well as give the same for special recognition for employees.
Identify the correct option that will enable the organization to achieve the desired results. (Choose the best answer.)
- A. Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire", this bonus can be added. Also add "Manage Individual Compensation," which will enable Managers to add it to reportees.
- B. Configure the spot bonus as an individual compensation plan and add "All" as an action so that this plan can be added to anyone at any time.
- C. Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire," this bonus can be added. Also add "Manage Contributions," which will enable managers to add it to reportees.
- D. Configure the spot bonus as an individual compensation plan and add "Hire" as an action. Then, after an employee is hired, this plan can be added to employees anytime.
Answer: B
NEW QUESTION 66
Your customer awards three types of bonuses to its workers: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. All three bonuses are awarded by using element entries.
How would you configure the Compensation Statement? (Choose the best answer.)
- A. Create three Compensation Categories: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective Elements with the respective Categories.
- B. Create three Compensation Items: Joining Bonus, Ad-hoc bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective elements with the respective Items.
- C. Create one Compensation Category as Bonus and specify the source type as Element Entry. Associate the three elements with the Compensation Category.
- D. Create one Compensation Item as Bonus and specify the source type as Element Entry. Associate the three elements with the Compensation Item.
Answer: B
NEW QUESTION 67
Which alert is advised to be disabled when you are using HCM co-existence between Oracle PeopleSoft HCM and Oracle Fusion Compensation? (Choose the best answer.)
- A. Leave of Absence
- B. Employee termination
- C. Allocation exceeding target
- D. Any custom alert
Answer: A
NEW QUESTION 68
A compensation manager of a corporation is setting up a new salary basis for the employees.
Which statement is true about payroll elements set up for a salary basis? (Choose the best answer.)
- A. Payroll elements of any classification type can be attached to a salary basis.
- B. Recruiting elements can be linked to multiple salary bases only if they are classified as earnings elements, and they need not be configured to allow multiple entries in the same period.
- C. Multiple payroll elements can be attached a salary basis.
- D. Recruiting elements can be linked to multiple salary bases only if they are classified as earnings elements and configured to allow multiple entries in the same period.
Answer: D
NEW QUESTION 69
You have created a total compensation statement. However, you are not able to see one of the categories in the summary section on the left pane. What is the reason for this? (Choose the best answer.)
- A. The category does not have employer contribution.
- B. The category has been added as a subcategory.
- C. The category does not have a graph defined in it.
- D. The category does not have employee contribution.
Answer: B
NEW QUESTION 70
If you enable Performance Ratings and rate workers within Workforce Compensation, which two statements are true? (Choose two.)
- A. Managers can rate workers as they allocate compensation.
- B. You can display compensation ratings given in the previous plan cycle as a column in the worksheet.
- C. These ratings are used across compensation plan and cycles.
- D. The ratings are transferred to the Performance Management system or to HR.
Answer: A,B
NEW QUESTION 71
Your client's compensation plan for employees includes a component that is based on years of service in the organization. If a person completes 10 years in the company, he or she will be eligible for a seniority component and the associated fixed salary amount. What type of eligibility profile you would need to create in order to track work experience of people? (Choose the best answer.)
- A. Derived -factor-based eligibility criteria using length of service
- B. Employment-based-eligibility-criteria using length of service
- C. Employment-based eligibility criteria suing hire date
- D. User-defined-criteria-based eligibility profile using hire date
Answer: B
NEW QUESTION 72
As an implementation consultant, you want to override the currency on the item definition. The United States Dollar currency is currently specified on it. This needs to be overridden to the Indian Rupee. What are the two approaches that you should use to override the currency of the compensation item from the United States Dollar to the Indian Rupee? (Choose two.)
- A. Define the source type as Benefit Balance, which has currency specified in the Indian Rupee.
- B. Define a Compensation Statement Definition that includes the item and has currency defined as the Indian Rupee.
- C. Define a Category that includes the item and has currency defined as the Indian Rupee.
- D. Define a formula that retrieves compensation and specifies currency as the Indian Rupee.
Answer: A
NEW QUESTION 73
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. Validate Plan Setup to ensure that all HR Data updates are accounted in 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. Run the Refresh Workforce Compensation Data process on 1-Nov-2014 because that is the date when line managers start updating the worksheet.
Answer: B
NEW QUESTION 74
An administrator of a corporation must generate the compensation statements for the workers to notify them about their compensation details.
Identify the correct role that will give the administrator access to complete the process. (Choose the best answer.)
- A. Line Manager
- B. Compensation Administrator
- C. HR Specialist
- D. Compensation Manager
Answer: A
NEW QUESTION 75
......
Try Best 1z0-1049-20 Exam Questions from Training Expert Pass4sures: https://www.pass4sures.top/Workforce-Rewards-Cloud/1z0-1049-20-testking-braindumps.html