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1Z0-1049-22 Online Practice Questions and Answers

Questions 4

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.)

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Questions 5

During thecompensation review cycle, which two actions occur when a manager is allocated a zero or null budget? (Choose two.)

A. The manager can manually allocate some budget for his team.

B. The manager does not have access to the plan.

C. The manager will have read-only access.

D. The available budget becomes negative when the manager makes allocations.

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Questions 6

As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items? (Choose two.)

A. Compensation items are the foundation upon which the Compensation Statement is built.

B. Compensation items cannot be used across statement definitions.

C. Compensationitems need not be mapped to the specific source from which the compensation information is retrieved.

D. Compensation items can be added to statement definitions directly.

E. Compensation items are added to a compensation category to include them in statements.

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Questions 7

A manager publishes budgets as amounts to the managers reporting to him. The following table shows the allocations made to each direct report(managers) and the total salaries of the employees in their chain.

Now, one of Manager 2's employees with eligible salary of $ 100,000 is reassigned to Manager 3. What will be the impact on Budget Percentage? (Choose the best answer.)

A. No impact. The budget allocated to the employee will automatically be allocated to Manager 3. Budget percentage will remain as 10.

B. Allocated budget will not change. Budget percentage of Manager 2 will increase to 12.5% and Manager 3 will decrease to 8%.

C. Allocatedbudget will not change. Budget percentage of Manager 3 will increase to 12.5% and Manager 2 will decrease to 8%.

D. Budget allocated for the employee will be released back to the manager for reallocation. Budget percentage will remain unchanged.

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Questions 8

A corporation has implemented Oracle Fusion Workforce Compensation. The requirementis 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 status processing rules and setting up costing information at the status processing level

C. creating an element eligibility link and setting up costing information at the link level

D. creating an auto-indirect rule and setting up costing information at the auto-indirect level

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Questions 9

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. These ratings are used across compensation plan and cycles.

C. The ratings are transferred to the Performance Management system or to HR.

D. You can display compensation ratings given in the previous plan cycle as a column in the worksheet.

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Questions 10

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. 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.

B. Recruiting elements can be linked to multiple salary bases only if they are classified as earnings elements, and they neednot be configured to allow multiple entries in the same period.

C. Multiple payroll elements can be attached a salary basis.

D. Payroll elements of any classification type can be attached to a salary basis.

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Questions 11

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.

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Questions 12

Your client wants you to create a single Compensation Change statement that includes compensation awarded for multiple plans. What would you, as an implementation consultant, advise your client? (Choose the best answer.)

A. Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.

B. Create a custom data model that can pull compensation awarded from different plans and display the data using a BI publisher layout.

C. Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.

D. This is possible only in the on-premises model using customization and is not possible in an Saas instance. Therefore, you would respondaccordingly to the client.

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Questions 13

Your customer is planning to configure an Individual Compensation Company Car Plan to include only the Sales department employees. The customer also wants to restrict luxury model vehicles to executive positions.

Which three statements are true about accomplishing this? (Choose three.)

A. Create an eligibility profile to include only the Sales department and attach it to Company Car Plan.

B. Create an eligibility profile to include executive positions and attach it to Company Car Plan.

C. Createan eligibility profile to include the Sales department and the executive positions and attach it to Company Car Plan and the Luxury models option.

D. Create an eligibility profile to include the executive positions and attach it to the Luxury models option.

E. You cannot achieve this because you cannot attach eligibility profiles with Plan and Option.

F. You can attach eligibility profiles with Plan, Option, or both.

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Exam Code: 1Z0-1049-22
Exam Name: Oracle Compensation Cloud 2022 Implementation Professional
Last Update: May 14, 2024
Questions: 178 Q&As

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