Oracle 1z0-1049-20 Test Engine Practice Test Questions, Exam Dumps
100% Free 1z0-1049-20 Daily Practice Exam With 180 Questions
NEW QUESTION 84
Your customer's compensation manager needs to know, what are the four valid statuses of the compensation worksheet? (Choose four.)
- A. Closed
- B. Fully Approved
- C. Unprocessed
- D. Partially approved
- E. Submitted
- F. Processed
- G. Started
- H. Budget Available
Answer: B,E,F,H
NEW QUESTION 85
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 all allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver.
- C. The task is only for notification and has no rules.
- D. The task applies to selected allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver.
Answer: D
NEW QUESTION 86
How can you use an earnings element to manage the calculation and payment of absences? (Choose the best answer.)
- A. Define a skip rule for the earnings element that triggers processing when it finds an entry for a non-absence element because payroll runs process elements in the Information or Absence classifications.
- B. Ensure that the input to the salary database item formula from the earnings element processes the absence element as Absence classification because payroll runs do not process elements in the Information or Absence classifications.
- C. Define the earnings element as nonrecurring for the absence element because payroll runs do not process nonrecurring elements in the Information or Absence classifications.
- D. Define a skip rule for the earnings element that triggers processing when it finds an entry for the absence element because payroll runs do not process elements in the Information or Absence classifications.
Answer: D
NEW QUESTION 87
A corporation implemented Oracle Fusion Core HR on a three-tier model with Multiple Employment Terms with Multiple Assignments as the employment model. An employee of the corporation has multiple assignments and multiple employment terms on different payroll frequencies.
What kind of salary basis must be associated with the employee? (Choose the best answer.)
- A. A different salary basis associated with each assignment or employment term.
- B. One salary basis for each employment terms and one of them can be used for assignment
- C. One salary basis for each assignment and one of them can be used for the employment terms
- D. One salary basis for all assignments and employment terms
Answer: B
NEW QUESTION 88
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 cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.
- C. You can display a target amount or custom score from a previous plan cycle in the current plan cycle.
- D. Active plans are available to be cross-referenced, except plans with no started cycles.
- E. You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.
Answer: A,C,E
Explanation:
Explanation
All active plans are available to be cross referenced, even plans with no started cycles. You can also reference a plan within itself to display values from a previous plan cycle in a subsequent cycle. For example, you can display a target amount or custom score from a previous plan cycle in the current plan cycle so that managers are aware of that data when making a current compensation decision.
You cannot select a default value for a column by cross-referencing a column from another plan if you have selected values for the Default Value, Default and Override Formula, or Compensation Derived Factor fields on the Configure Column Properties dialog box.
NEW QUESTION 89
As an implementation consultant, you are required to create an element that is applicable only to a set of employees who are in the Production department and who are on weekly payrolls.
What is the correct configuration to meet this requirement? (Choose the best answer.)
- A. Create Element Eligibility with the Legal Employer and Payroll Statutory Unit parameters.
- B. Create Element Eligibility with the Grade and Position parameters.
- C. Create an element without defining Element Eligibility.
- D. Create Element Eligibility with the department and specific payroll parameters.
Answer: A
NEW QUESTION 90
You are an implementation consultant, and the client organization wants you to provide a solution for how not to display the welcome message in the total compensation statement.
What will your answer in this situation be? (Choose the best answer.)
- A. Edit the "Do not display Welcome message" option in "Compensation Item."
- B. Edit the "Do not display Welcome message" option in "Statement Definition."
- C. Changing the welcome message is not possible.
- D. Edit the "Do not display Welcome message" option in "Compensation Category."
Answer: B
NEW QUESTION 91
A corporation has implemented Oracle Fusion Workforce Compensation for a manufacturing client. As an implementation consultant, you are required to set up the Deduction elements to capture the employee's personal contributions.
Which four can be categorized as Deduction components corresponding to payroll deduction elements?
(Choose four.)
- A. References for calculation factors
- B. Flat amount
- C. Deduction group
- D. Wage basis rules
- E. Elements
- F. Balance feeds
- G. Input values
Answer: A,C,D,E
NEW QUESTION 92
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 same period dates.
- B. You can duplicate a cycle and specify the number of months to advance all dates.
- C. A plan can have multiple compensation cycles, each with unique period dates.
- D. Each plan that requires a different cycle must be created manually.
Answer: B,C
NEW QUESTION 93
While configuring a plan cycle, you have set the Worksheet update start and end dates as 15-Apr-2014 and
31-May-2014, respectively. However, when a manger logs into the workforce compensation area on
5-Apr-2014, he is able to see the active plan, but in read-only mode.
What could be the possible reason for this? (Choose the best answer.)
- A. Active plans are always shown in read-only mode from the Plan Access start date, which is generally prior to the Worksheet update date.
- B. Active plans are always shown in read-only mode once it is past the eligibility determination date.
- C. Active plans are always shown in read-only mode until the Worksheet update period starts.
- D. Active plans are always shown in read-only mode form the Evaluation period start date, which is always prior to the Worksheet update date.
Answer: D
NEW QUESTION 94
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. Download and authenticate workbooks.
- C. Filter the edits and upload only the edited fields.
- D. Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
- E. Edit the workbook data.
- F. Repeat the steps as many times as necessary to accommodate the revisions.
Answer: A,B,C,D
NEW QUESTION 95
A corporation has generated total compensation statements and all workers received their total compensation statements. As a compensation executive, you realize that some corrections are needed in the generated statements.
Which corrective action will you take? (Choose the best answer.)
- A. Start manual changes in each worker's total compensation statement.
- B. Ignore any corrective action.
- C. Educate the workers that corrections are not possible after the total compensation statements have been generated.
- D. Edit "Statement Definition," make the required corrections, and regenerate the total compensation statements as a newer version.
Answer: D
NEW QUESTION 96
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. Before deleting the item, you must configure a zero value behavior for the item.
- B. More than one administrator might be using the item and, therefore, it cannot be deleted.
- C. The item cannot be deleted, because it is attached to a category.
- D. The above scenario does not stand true as the item can be deleted.
Answer: B
NEW QUESTION 97
Which two tasks are true about components in worksheet configurations? (Choose two.)
- A. You can create up to five components to represent the different types of compensation that you want to award within a plan.
- B. Plans must have at least one component if awarding compensation.
- C. There is the flexibility to add any number of components within a compensation plan.
- D. Each component has to be of a separate type, such as salary or bonus.
Answer: A,B
NEW QUESTION 98
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 99
You are configuring a plan cycle date that should be visible to managers on the Approvals tab so that they can submit their worksheets before that date. But you do not want to enforce the date because you want the managers to be able to submit their worksheets even after the date is past. Which date should you use?
(Choose the best answer.)
- A. default date due
- B. HR extraction date
- C. worksheet update start and end dates
- D. currency conversion date
- E. evaluation period start and end dates
Answer: A
NEW QUESTION 100
Identify four correct history categories when setting up compensation history. (Choose four.)
- A. Recruiting Payments
- B. Payroll Elements
- C. Stock
- D. Salary
- E. Non-Recruiting Payments
- F. Other Compensation
Answer: A,C,E,F
Explanation:
Explanation
The Compensation History summary table displays four categories of compensation: Base Pay, Other Compensation (one-time payments), Stock, and Recurring Payments. Compensation history automatically displays base pay and stock grants. You must add additional recurring nonbase pay and one-time compensation to history.
NEW QUESTION 101
Your customer must use Grade Ladders to suit the industry in which it operates. How should you define the Grade Ladders that the customer needs? (Choose the best answer.)
- A. by associating the Grade Ladders with legal entities
- B. by using Min, Max, and Mid Point rate values
- C. by using LDG-specific Grade Min, Max, and Mid Point rate values
- D. by using steps and rate values
Answer: B
NEW QUESTION 102
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. Network connectivity issue may have hindered your data being sent to the server.
- B. You may have forgotten to save the changes made.
- C. You do not have the privileges to change Stock Details.
- D. Another administrator might have accessed these settings after you have saved it.
Answer: D
NEW QUESTION 103
A corporation started giving performance bonuses to eligible employees on a monthly basis. As a compensation administrator, you are required to display performance bonuses with similar or related compensation items.
How will you configure this requirement in the Fusion application? (Choose the best answer.)
- A. Attach performance bonuses to similar elements.
- B. Attach performance bonuses to similar compensation categories/subcategories.
- C. Attach performance bonuses to similar sources.
- D. Attach performance bonuses to similar compensation items.
Answer: B
NEW QUESTION 104
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 six active components will be loaded at a time by Integrated Workbook.
- B. Only the first four active components will be loaded at a time by Integrated Workbook.
- C. Only the first five active components will be loaded at a time by Integrated Workbook.
- D. Integrated Workbook can be used to update all the seven components.
Answer: C
NEW QUESTION 105
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. Duty roles
- C. Application roles
- D. Groups
Answer: B,C,D
NEW QUESTION 106
Your customer wants to limit contributions to a particular individual compensation plan to workers with at least a year of service. How should you accomplish this? (Choose the best answer.)
- A. Create a relevant eligibility profile and associate it with the plan.
- B. Create an eligibility profile with the exclude option and associate it with the plan
- C. Create a derived factor, and then create the eligibility profile and plan.
- D. Create user-defined criteria, and then create the eligibility profile and plan.
- E. Use a fast formula to restrict access to the plan.
Answer: A
NEW QUESTION 107
While configuring the Budget page, you are setting the properties of the Job column.
Which two sections are available in the properties for the Job column? (Choose two.)
- A. Legal Employer
- B. Default Value
- C. Information
- D. General
Answer: B,D
NEW QUESTION 108
Which three dates are mandatory while creating plan cycles? (Choose three.)
- A. Evaluation Period Start Date
- B. Performance Rating Date
- C. HR Data Extraction Date
- D. Plan Access Start Date
- E. Default Due Date
- F. Worksheet Update Period Start Date
Answer: A,D,F
NEW QUESTION 109
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