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1Z0-1049-21 PDF Dumps | Feb 13, 2022 Recently Updated Questions
NEW QUESTION 93
While working on the compensation changes in an Excel workbook, a manger selects the Upload option and then tries to immediately download the uploaded data. As a consultant, you advise him not to do so because of which reason? (Choose the best answer.)
- A. The data uploaded takes some time to be processed by the server and, therefore, when download is clicked immediately, it might still show the older data.
- B. This action causes the committed data to roll back, thereby revoking the changes processed.
- C. When the Upload button is clicked, the data is loaded to a staging table and an upload process is triggered. This process has to complete successfully before the new data can be downloaded.
- D. This action causes the committed data to download immediately, thereby obscuring the error messages.
Answer: C
NEW QUESTION 94
An organization uses Compensation Statement for its workers in the UK. One of the categories used in the statement has the display name as One-Time Bonus. As an implementation consultant, you are in the process ofconfiguring a new Compensation Statement for workers in India. You decide to reuse the category for the new Compensation Statement. In the process of configuring the Statement Definition, you update the Compensation Category display name to Annual Bonus. However, when the Compensation Statement for workers in the UK displays, it continues to show the Category display name as One-Time Bonus.
What is the cause for this? (Choose the best answer.)
- A. After the Compensation Statement is generated for workers in India, the Category display name of Annual Bonus will start reflecting in the Compensation Statement of workers in the UK.
- B. The Compensation Statement Definition synchronization process needs to be run to update the Compensation Category display name in all statement definitions.
- C. Workers in the UK need to refresh their statements in order to see the updated display name.
- D. The Compensation Category display name is specific to a Statement Definition.
Answer: A
NEW QUESTION 95
A corporation has implementedOracle 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. Input values
- B. Elements
- C. Wage basis rules
- D. References for calculation factors
- E. Flat amount
- F. Balance feeds
- G. Deduction group
Answer: B,C,D,G
NEW QUESTION 96
You want to use the Workforce Compensation Budget pool for a workforce compensation plan. Select the tasks to be performed, in the correct sequence. (Choose the best answer.)
- A. Create the workforce compensation plan, Configure the workforce compensation budget pool, Configure the workforce compensation plan details, Create at least one worksheet compensation component and associate the budget pool with it, Run the Start Compensation Cycle process
- B. Configure the workforce compensation budget pool, Configure the workforce compensation plan details, Run the Start Compensation Cycle process, Create the workforce compensation plan, Create at least one worksheet compensation component and associate the budget pool with it.
- C. Create the workforce compensation plan, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Configure the workforce compensation plandetails, Run the Start Compensation Cycle process.
- D. Create the workforce compensation plan, Configure the workforce compensation plan details, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Run the StartCompensation Cycle process.
- E. Run the Start Compensation Cycle process, Create the workforce compensation plan, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Configure the workforce compensation plan details.
Answer: D
NEW QUESTION 97
A compensation administrator has set up a Workforce Compensation Plan with Budget Pools. Manager Level Budgeting is enabled for the pool and default budget values have been configured for the following columns on the Configure Budget Page Layout page:
* Budget Distribution Amount or Budget Distribution Percentage columns on the Detail Table tab
* Budget Amount or Budget Percentage columns on the Summary Columns tab To distribute the budgets automatically, the compensation administrator should run __________. (Choose the best answer.)
- A. the Validate Plan Setup process
- B. the Refresh Data process
- C. the Start Compensation Cycle process
- D. the StartCompensation Cycle process. After this, the Administrator should create a model to distribute the budgets.
Answer: D
NEW QUESTION 98
You have configured acompensation 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 whileallocating 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 all plans that are currently active.
- C. The rating will be available to only the plan where it is updated.
- D. The rating will be available inthe Performance document in the performance system.
Answer: D
NEW QUESTION 99
A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up Calculation Factors for the deduction elements setup.
Which two statements are correct regardingthe Calculation Factors? (Choose two.)
- A. Calculation Factors define which classifications of earnings to consider when calculating the basis for the deduction element.
- B. The Manage Deduction Group Rates task in the Payroll Calculation work area is used to view the calculation factors defined.
- C. The Manage Deduction Ranges task in the Payroll Calculation work area is used to view the calculation factors defined.
- D. Calculation Factors indicate which deduction range to use when calculating the deduction amount.
Answer: C,D
NEW QUESTION 100
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 an element without defining Element Eligibility.
- B. Create Element Eligibility with the Legal Employer and Payroll Statutory Unit parameters.
- C. Create Element Eligibility with the department and specific payroll parameters.
- D. Create Element Eligibility with the Grade and Position parameters.
Answer: B
NEW QUESTION 101
Your customer awards three types of bonuses to its workers: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. All three bonusesare awarded by using element entries.
How would you configure the Compensation Statement? (Choose the best answer.)
- A. Create one Compensation Category as Bonus and specify thesource type as Element Entry. Associate the three elements with the Compensation Category.
- 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 three Compensation Categories: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respectiveElements with the respective Categories.
- D. Create one Compensation Item as Bonus and specify the source type as Element Entry. Associate the three elements with the CompensationItem.
Answer: B
NEW QUESTION 102
Identify the three choices available when configuring approvals. (Choose three.)
- A. Approval mode
- B. Auto Approval
- C. Alternate approver hierarchy
- D. Submit mode
Answer: A,C,D
NEW QUESTION 103
An employee of a corporation is on a weekly payroll with an hourly rate of 20 USD. Identify the correct option for the frequency shown in the base rate of compensation history. (Choose the best answer.)
- A. annually, because the history must always be shown with annual amounts
- B. weekly, because the employee is on a weekly payroll
- C. the frequency of theemployee's salary basis
- D. hourly, because the employee has hourly pay
Answer: B
NEW QUESTION 104
A corporation implemented Oracle Fusion Workforce Compensation. A salary basis has been created and attached to the employee and a compensation cyclehas been run. The corporation wants to include a new component as part of the salary basis.
Which three are predefined components? (Choose three.)
- A. Regular and automatic adjustment
- B. Equity adjustment to correct salary compression or inversion
- C. Market adjustment due to salary being out of line with the market
- D. Adjustment due to corrections within the organization
Answer: A,B,C
NEW QUESTION 105
What happens if eligibility requirements aredifferent for components than they are for a plan? (Choose the best answer.)
- A. This is not possible. Component-level eligibility is always identical to plan-level eligibility.
- B. Plan-level eligibility is evaluated before component-level eligibility.
- C. Plan-level eligibility is ignored and a warning is reported.
- D. Component-level eligibility is ignored and a warning is reported.
- E. Component-level eligibility isevaluated before plan-level eligibility.
Answer: B
NEW QUESTION 106
Your client is a consumer goods wholesaler. The client's organization has five departments. While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees in that department. In the current year, only the Electronics department has exceeded its sales target.
How would the compensation manager allocate the extra budget to the manager of the Electronics Department? (Choose the best answer.)
- A. Request excess budget allocation from the manager above him.
- B. Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.
- C. Publish the original budgets to all managers, followed by publishing the extra budget to only the manager of the Electronics department.
- D. Initiate budgets automatically by using the Start Compensation Cycle process.
Answer: C
NEW QUESTION 107
What is the maximum number andkind of items that you can add when defining a custom category? (Choose the best answer.)
- A. five custom columns
- B. three items
- C. three custom columns
- D. three subcategories
Answer: A
NEW QUESTION 108
As a Fusion implementation consultant, you are configuring Fusion HCM Compensation Management module for a manufacturing client. Which three statements are correct in relation to compensation statement display options? (Choose three.)
- A. You cannot exclude a category from the statement summary at the category setup level.
- B. You can hide or show the estimated amount indicator at the category setup level.
- C. You can configure display of zero values.
- D. You can hide table columns.
- E. You cannot include and hide the welcome message at the statement definition setuplevel.
- F. You cannot hide regions for graphs or descriptions at the statement definition setup level.
Answer: B,C,F
NEW QUESTION 109
As compensation administrator, you are required to show "Actual amounts paid to the worker" in the Total Compensation Statement. To meet this requirement, which component must be created? (Choose the best answer.)
- A. Compensation Item
- B. Compensation Source
- C. Compensation Statement Definition
- D. Compensation Category
Answer: B
NEW QUESTION 110
Which five tasks can be performed by a compensation manager? (Choose five.)
- A. Review and approve work of Superior Manager.
- B. Promote and rate worker performance while allocating compensation.
- C. Allocate compensation.
- D. Determine compensationamounts offline by downloading details to a spreadsheet.
- E. Generate company-configured compensation change statements to notify workers of a compensation award, job change, or performance rating assignment.
- F. Analyze proposed changes for equity among peer groups and by manager, alignment with the market, and pay for performance strategies.
Answer: B,C,D,E,F
NEW QUESTION 111
As an implementation consultant, you are defining entry values for an element in the Fusion application.
Which statement is true about selecting the rules for the element's entry value? (Choose the best answer.)
- A. An element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
- B. An element with the Automatic Entry option selected cannot allow multiple entries in the same period.
- C. An element with the Automatic Entry option selected can allow multiple entries in the same period, and an element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
- D. An element with the Automatic Entry option selected can allow multiple entries in the same period.
Answer: B
NEW QUESTION 112
A corporation needs to set up a compensation plan for a vehicle allowance that will allow different amounts for different types and models of vehicles.
How can you achieve the desired results? (Choose the best answer.)
- A. Configure as many compensation plans as there are different types and models, because options cannot have associated eligibility profiles, and use the same payroll element for all of them.
- B. Configure one compensation plan and add as many options as three are allowed for vehicle types and models. Define eligibility and associate the same payroll element to all the options such that an employee can use only one option.
- C. Configure as many compensation plans as there are allowed types and models of vehicles, because options cannot have eligibility profilesassociated, and use different payroll elements for each of them.
- D. Configure one compensation plan, add as many options as there are allowed for different types and models. Define eligibility and associate the different payroll elements to all the optionssuch that any payroll element can be associated with only one plan and option.
Answer: D
NEW QUESTION 113
Identify the correct option regarding the Payroll element details in the compensation history setup. (Choose the best answer.)
- A. Any payroll element can be added and all other details are auto-populated excluding thehistory category.
- B. Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated excluding the history category.
- C. Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated including the history category.
- D. Any payroll element can be added and all other details are auto-populated including the history category.
Answer: C
NEW QUESTION 114
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. Salary Component
- B. Plan Access
- C. Action and Action Reasons
- D. Budget Pools
- E. Plan Eligibility
Answer: A
NEW QUESTION 115
You create a compensation plan and attach a Compensation Performance rating model to it. While themanager is allocating compensation, he specifies a rating for each of the employees under him. Where will the rating specified by the manager be available? (Choose the best answer.)
- A. Only within the current compensation plan and the current cycle
- B. Only within the current compensation plan and all cycles associated with it
- C. To the current compensation plan and the Performance Management system
- D. To the current compensation plan and HR system
Answer: B
NEW QUESTION 116
Which three statements are true regarding plan cycles? (Choose three.)
- A. You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.
- 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 can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.
- E. All active plans are available to be cross-referenced, even plans with no started cycles.
Answer: B,D,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 amountor 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 117
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