Free Oct-2022 UPDATED Oracle 1z0-1049-22 Exam Questions & Answer
Latest Success Metrics For Actual 1z0-1049-22 Exam Realistic Dumps
Oracle 1z0-1049-22 Exam Syllabus Topics:
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NEW QUESTION 60
As an implementation consultant, you have defined a total compensation statement. You have defined three compensation items (a new hire bonus, a profit sharing bonus, and a quarterly bonus), which are attached to the bonus category. You no longer need the quarterly bonus item but you are unable to delete it.
Which statement is true for the given scenario? (Choose the best answer.)
- A. The above scenario does not stand true as the item can be deleted.
- B. The item cannot be deleted, because it is attached to a category.
- C. More than one administrator might be using the item and, therefore, it cannot be deleted.
- D. Before deleting the item, you must configure a zero value behavior for the item.
Answer: C
NEW QUESTION 61
You have configured a compensation plan to include ratings from the performance management system. For one particular division, the performance ratings have not been finalized and are shown as blank on the compensation worksheet. The manager updates the performance rating while allocating compensation. What happens in this case? (Choose the best answer.)
- A. The rating will be available to only the plans where the same manager is involved.
- B. The rating will be available to only the plan where it is updated.
- C. The rating will be available in the Performance document in the performance system.
- D. The rating will be available to all plans that are currently active.
Answer: C
NEW QUESTION 62
Your client's organization is a multi-country organization with headquarters in the US. All employees are covered under one global compensation plan. However, the managers in each country want to administer compensation in their country's respective currency. How would you enable this feature? (Choose the best answer.)
- A. Set the preferred currency in the worksheet.
- B. Enable Currency Switching.
- C. Display the corporate currency.
- D. Use fast formula to display the employee currency using conversion rates.
Answer: B
NEW QUESTION 63
The compensation plan that is implemented for your customer has a column that defaults based on a dynamic column. However, as per the customer's requirement, if the value in this column is manually updated in the worksheet by a manager, there should not be any further changes made to it automatically when the "Refresh Data" process is run. How can a compensation administrator achieve this? (Choose the best answer.)
- A. by deselecting the Start Compensation Cycle triggering event in the dynamic column
- B. by setting up the properties of the column as updatable only once
- C. by deselecting the Refresh Data triggering event in the dynamic column
- D. by deselecting the Change Worksheet Data triggering event in the dynamic column
Answer: C
NEW QUESTION 64
An administrator of a corporation needs to view a worker's salary basis, change it, view the salary history, and do a graphical analysis of changes made to the salary. However, the administrator is not able to do these things.
Identify the three correct roles that will give the administrator access to complete the process. (Choose three.)
- A. Compensation Manager
- B. Expenses Manager
- C. HR Specialist
- D. Line Manager
Answer: A,C,D
NEW QUESTION 65
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. Budget Pools
- B. Salary Component
- C. Action and Action Reasons
- D. Plan Access
- E. Plan Eligibility
Answer: B
NEW QUESTION 66
While you are setting up Stock Details, you notice that the details you entered are different from the ones showing up in system.
What could have been the possible reasons for this? (Choose the best answer.)
- A. You do not have the privileges to change Stock Details.
- B. You may have forgotten to save the changes made.
- C. Another administrator might have accessed these settings after you have saved it.
- D. Network connectivity issue may have hindered your data being sent to the server.
Answer: C
NEW QUESTION 67
Your client has set up an individual compensation plan for a contribution towards a retirement benefit. This contribution must be approved by the three-level manager hierarchy. While setting up the approval hierarchy, the compensation administrator wanted to set up notifications for any errors occurring during the workflow.
Identify the three allowed options needed to set up notifications accordingly. (Choose three.)
- A. Individual users
- B. Application roles
- C. Duty roles
- D. Groups
Answer: B,C,D
NEW QUESTION 68
If you enable Performance Ratings and rate workers within Workforce Compensation, which two statements are true? (Choose two.)
- A. These ratings are used across compensation plan and cycles.
- B. You can display compensation ratings given in the previous plan cycle as a column in the worksheet.
- C. Managers can rate workers as they allocate compensation.
- D. The ratings are transferred to the Performance Management system or to HR.
Answer: B,C
NEW QUESTION 69
You are responsible for configuring variable allocations to manage approvals for individual compensation plans. Your company wants to control plan availability by using defaults. What are the default attributes of the actionable Variable Allocation task? (Choose the best answer.)
- A. The task applies to all allocations, uses two levels of the Supervisory list builder, and does not require a response from the current approver.
- B. The task applies to selected allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver.
- C. The task applies to all allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver.
- D. The task is only for notification and has no rules.
Answer: B
NEW QUESTION 70
Which five tasks can be performed by a compensation manager? (Choose five.)
- A. Generate company-configured compensation change statements to notify workers of a compensation award, job change, or performance rating assignment.
- B. Promote and rate worker performance while allocating compensation.
- C. Determine compensation amounts offline by downloading details to a spreadsheet.
- D. Allocate compensation.
- E. Review and approve work of Superior Manager.
- F. Analyze proposed changes for equity among peer groups and by manager, alignment with the market, and pay for performance strategies.
Answer: A,B,C,D,F
NEW QUESTION 71
An organization provides compensation such as salary and bonus earnings for its workers. It also tracks commissions and company-paid taxes for them.
Which two statements are true when configuring the items? (Choose two.)
- A. Element Entry will require you to specify the Legislative Data Group as the Additional Data Entry.
- B. Benefit Balance will require you to specify the Legislative Data Group as the Additional Data Entry.
- C. Payroll Balance will require you to specify the Legislative Data Group as the Additional Data Entry.
- D. Formula will require you to specify the Legislative Data Group as the Additional Data Entry.
Answer: C,D
NEW QUESTION 72
As an implementation consultant, you are required to define a total compensation statement. To construct the total compensation statement, you must follow a set of activities in sequence.
Select the correct sequence to construct a total compensation statement. (Choose the best answer.)
- A. Create compensation items > attach the items to compensation categories > generate the statement > specify the statement period and display options > arrange categories hierarchically in the statement definition.
- B. Create compensation items > generate a statement > specify the statement period and display options > arrange categories hierarchically in the statement definition > attach items to compensation categories.
- C. Create compensation items > attach the items to compensation categories > arrange categories hierarchically in the statement definition > specify the statement period and display options > generate the statement.
- D. Create compensation items > specify the statement period and display options > arrange categories hierarchically in the statement definition > attach items to compensation categories > generate the statement.
Answer: C
NEW QUESTION 73
You have created a compensation plan and configured the plan details. However, when you try to run the "Start Compensation Cycle" process, you are not able to see the plan you created in the list that appears.
Which three options could be possible reasons for this? (Choose three.)
- A. Your user role does not have access to view the plan.
- B. Restrict Plan access is set to "Yes" and the compensation administrator role is added to the list of roles in "Plan access from Compensation work area."
- C. The compensation administrator or equivalent role is not attached to your plan.
- D. Restrict Plan access is set to "NO"; however, the roles that are allowed are not specified.
- E. Access to the compensation administrator role is restricted in Plan Access.
Answer: A,B,E
Explanation:
Your user role does not have access to view the plan. Check the Configure Plan Access task for the plan and verify the access for the compensation administrator role is not restricted. Also, verify that your user has the compensation administrator role or the proper security to run compensation batch processes.
NEW QUESTION 74
What happens when you define Workforce Compensation Plan components but the employees to whom the compensation change is being administered does not have any component in his or her salary? (Choose the best answer.)
- A. The sum of all components identified to be posted as salary is posted as a single salary adjustment amount to the employee's salary record.
- B. The component adjustment is not posted as a salary adjustment to the employee's record. While designing the compensation plan, it has to be kept in mind that the plan components must have a direct mapping with the employee's salary components.
- C. The first component is automatically mapped to the salary and the amount associated with this component is posted as a salary adjustment to the employee record.
- D. The last component is automatically mapped to the salary and the amount associated with this component is posted as a salary adjustment to the employee record.
Answer: D
NEW QUESTION 75
Your customer's Workforce Compensation Plan for Annual Salary Review is set up with the following dates in the Plan Cycle:
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
There is a worker with a termination date of 30-Oct-2014. When the Transfer Data to HR process is run, it fails for this worker. What should you do to successfully add the lump sum award element entries and salary adjustments? (Choose the best answer.)
- A. The salary adjustment or lumpsum must be manually calculated and added for such workers.
- B. The salary adjustment or lumpsum effective date must be earlier than or equal to the worker's termination date.
- C. Terminated workers should be excluded from being processed in Workforce Compensation plans.
- D. The salary adjustment or lumpsum effective date must be later that the worker's payroll last standard process date.
- E. The worker termination date should be changed to reflect the same date as the HR Data Extraction date.
Answer: B
NEW QUESTION 76
While working on a budget sheet or a compensation worksheet, a manager chooses to use the "Export to Excel workbook" option to do his or her work. Which four of the following steps would he or she need to perform upon clicking the "Export to Excel workbook" option and prior to finalizing his or her proposal and submitting it for approval? (Choose four.)
- A. Resolve errors created by the uploaded file.
- B. Filter the edits and upload only the edited fields.
- C. Edit the workbook data.
- D. Download and authenticate workbooks.
- E. Repeat the steps as many times as necessary to accommodate the revisions.
- F. Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
Answer: A,B,D,F
NEW QUESTION 77
As a compensation executive, you are required to upload stock data sent by a vendor of a corporation into the Fusion application.
Which option is the correct method to do so? (Choose the best answer.)
- A. Manage Stock Grants >> Import Category
- B. Manage Stock Grants >> Prepare Import Spreadsheet
- C. Manage Stock Grants >> Import Source
- D. Manage Stock Grants >> Import Items
Answer: B
NEW QUESTION 78
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Updated 1z0-1049-22 Dumps Questions For Oracle Exam: https://questionsfree.prep4pass.com/1z0-1049-22_exam-braindumps.html
