Free 1Z0-1049-20 Exam Dumps PDF Preview

Question 1

Single choice

You are configuring approvals under the Worksheets task list for an annual workforce compensation plan.
Your customer wants the worksheets to be approved by different people other than the hierarchy determined for the plan.

How should you accomplish this? (Choose the best answer.)

A
Create an alternate manager approval hierarchy that overrides the plan hierarchy.
B
Create an alternate manager approval hierarchy and replace the plan hierarchy with the created alternate hierarchy.
C
Have the customer change the business process because you cannot have different approval hierarchies for the plan and the worksheet.
D
Create an alternate position approval hierarchy that overrides the plan hierarchy.

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Correct answerD

Question 2

Single choice

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 of configuring 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
The Compensation Category display name is specific to a Statement Definition.
B
The Compensation Statement Definition synchronization process needs to be run to update the Compensation Category display name in all statement definitions.
C
The Compensation Statement Definition synchronization process needs to be run to update the Compensation Category display name in all statement definitions.
D
Workers in the UK need to refresh their statements in order to see the updated display name.

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Correct answerC

Question 3

Multiple choice

You are responsible for configuring an individual compensation plan with multiple options.

Which two statements are true about the plan options? (Choose two.)

A
You can associate each option with the same payroll element and input value.
B
You can associate each option with only one payroll element and input value.
C
You can associate each payroll element with only one plan and option.
D
You can associate each payroll element with multiple plans and options.
E
You can associate each payroll element with one option but with multiple plans.

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Correct answersB, D

Question 4

Multiple choice

Identify the three correct statements for an alternate approver hierarchy. (Choose three.)

A
By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set or sequence of approvers.
B
The alternate approver must be a part of the regular plan hierarchy.
C
You can create multiple approvers for the same manager.
D
The highest Approval sequence is the final approver.

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Correct answersA, C, D

Explanation

By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set or sequence of approvers. The alternate approver does not have to be a part of the regular plan hierarchy.
You can create multiple approvers for the same manager by identifying the specific individuals and using the approval sequence to determine the order in which approvals occur. The highest sequence is the final approver. Alternate hierarchies are commonly used when approval control transitions from managers to the HR department.
References:
https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/
F387136AN11E5B.htm

Question 5

Multiple choice

A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up compensation history.
Identify the three correct options regarding the various compensations shown in the history. (Choose three.)

A
Compensation history displays six categories of compensation.
B
Compensation history automatically retrieves salary and stock-related information. The Recruiting payments and other categories have to be added manually.
C
Compensation history shows one-time payments in other compensation and allowances paid regularly in recruiting payments.
D
The summary in the compensation history shows the data for only five years.

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Correct answersB, C, D

Question 6

Multiple choice

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
Compensation items 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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Correct answersA, E

Explanation

References:
http://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20376/F566544AN493F2.htm
(compensation items and sources: explained)

Question 7

Single choice

What happens if eligibility requirements are different for components than they are for a plan? (Choose the best answer.)

A
Component-level eligibility is ignored and a warning is reported.
B
Plan-level eligibility is evaluated before component-level eligibility.
C
Component-level eligibility is evaluated before plan-level eligibility.
D
This is not possible. Component-level eligibility is always identical to plan-level eligibility.
E
Plan-level eligibility is ignored and a warning is reported.

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Correct answerB

Question 8

Multiple choice

As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for the same.

Which four source types are available for selection while creating a compensation item for the total compensation statement? (Choose four.)

A
Element Entry
B
Benefit Balance
C
Formula
D
Payroll Balance
E
Deduction Range
F
Input Value

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Correct answersA, B, C, D

Question 9

Single choice

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
HR extraction date
B
currency conversion date
C
default date due
D
evaluation period start and end dates
E
worksheet update start and end dates

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Correct answerC

Question 10

Multiple choice

While configuring the Budget page, which five tabs are available in Page Layout? (Choose five.)

A
Budgeting
B
Summary
C
Detail table
D
Worker List
E
Actions
F
Comments
G
Information

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Correct answersA, B, C, D, E

Question 11

Single choice

Your customer wants to give its employees a way to donate to charity. This donation could be started anytime in the year and can be updated or stopped only during the month of September. Identify the

correct set of plan restriction to achieve the desired results. (Choose the best answer.)

A
The individual compensation plan must be set up with "NO" for plan access restriction.
B
The individual compensation plan must be set up with the following restrictions:
New Allocations: Always
Update Allocations: Specific period Sep 1- Sep 30
Withdraw Allocations: Specific period Sep 1 - Sep 30
C
The individual compensation plan must be set up with the following restrictions: Create Allocations: Always Update Allocations: Specific period Sep 1 - Sep 30
Discontinue Allocations: Specific period Sep 1 - Sep 30
D
The individual compensation plan must be set up with the following restrictions:
New Allocations: Always
Update Allocations: Specific period Sep 1-Sep 30
Discontinue Allocations: Specific period Sep 1 - Sep 30

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Correct answerB

Question 12

Single choice

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 all assignments and employment terms
C
One salary basis for each assignment and one of them can be used for the employment terms
D
One salary basis for each employment terms and one of them can be used for assignment

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Correct answerD

Question 13

Multiple choice

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 unique period dates.
B
A plan can have multiple compensation cycles, each with same period dates.
C
You can duplicate a cycle and specify the number of months to advance all dates.
D
Each plan that requires a different cycle must be created manually.

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Correct answersA, C

Question 14

Multiple choice

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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Correct answersA, D

Question 15

Single choice

What additional action would you recommend to your customer for worker-administered plans to control plan availability in addition to HR actions? (Choose the best answer.)

A
Manage Individual Contribution
B
Manage Contributions
C
Manage Variable Allocations
D
Manage Worker Contributions
E
Allocate Workforce Compensation

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Correct answerE

Question 16

Single choice

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 until the Worksheet update period starts.
B
Active plans are always shown in read-only mode form the Evaluation period start date, which is always prior to the Worksheet update date.
C
Active plans are always shown in read-only mode once it is past the eligibility determination date.
D
Active plans are always shown in read-only mode from the Plan Access start date, which is generally prior to the Worksheet update date.

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Correct answerB

Question 17

Single choice

When compiling Fast Formula, you receive the error message "Database item PER_ASG_ATTRIBUTE3 must have a DEFAULT statement because it was specified that null or not found is allowed."
What is the cause of the error?
(Choose the best answer.)

A
misuse of context
B
uninitialized variable
C
incorrect operator usage
D
syntax error

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Correct answerC

Question 18

Single choice

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
hourly, because the employee has hourly pay
B
weekly, because the employee is on a weekly payroll
C
annually, because the history must always be shown with annual amounts
D
the frequency of the employee's salary basis

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Correct answerB

Question 19

Single choice

Your customer has employees located in four countries (Unites States, Japan, India, and Germany) and each country has a specific salary range.
How would you configure the salary bases?
(Choose the best answer.)

A
Create one salary basis and four different grade rates, and attach the grade rate to the salary basis at the employee level.
B
Create four salary bases and one grade rate, and define different ranges for the same grade rate while attaching the grade rate to the salary bases.
C
Create four salary bases and four grade rates, and attach the grade rates to the salary bases.
D
Create one salary basis and one grade rate, and define different ranges for the salary basis at the employee level.

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Correct answerC

Question 20

Multiple choice

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
Wage basis rules
B
References for calculation factors
C
Deduction group
D
Elements
E
Input values
F
Flat amount
G
Balance feeds

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Correct answersA, B, C, D

Explanation

References:
http://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20379/F597776AN358E7.htm
(Payroll Deduction Components at the Legislative Level: Examples)

Question 21

Single choice

A corporation is implementing Oracle Fusion Workforce Compensation and has set up an individual compensation plan for a contribution. This contribution has to be approved by the four members in parallel.
Identify the correct option regarding parallel approvals. (Choose the best answer.)

A
Parallel approvals are not fully supported, but notifications can be sent to all members in parallel using the list builder resource option and configuring Application Role. However, the first person who claims the notification can approve it, and this ends the process and the other members lose control over the approval of the notification.
B
Parallel approvals are supported by configuring the Application role option in the Resource list builder.
Only after all the approvers approve will the process end.
C
Parallel approvals are supported and can be configured using Static approval groups. Only after all the approvers approve will the process end.
D
A parallel approval option is not available and any approval configured is always sequential.

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Correct answerC

Question 22

Single choice

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 Plan Setup 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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Correct answerB

Question 23

Single choice

How would you control the task of determining if a person is eligible for a compensation plan? (Choose the best answer.)

A
a mix of element eligibility and eligibility profiles
B
through element eligibility only, never with eligibility profiles
C
with the eligibility profiles, never through element eligibility
D
either with eligibility profiles or through element eligibility

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Correct answerA

Explanation

References:
https://docs.oracle.com/cd/E60665_01/common/FAIWC/F1451659AN19D78.htm#F189517AN1A019

Question 24

Multiple choice

Which four options are valid refresh options for the Refresh Data process? (Choose four.)

A
Refresh HR Data
B
Refresh Base and Eligible Salary
C
Refresh Plan Access
D
Refresh Manager Hierarchy
E
Reevaluate Eligibility
F
Refresh Plan Currency
G
Refresh summary totals

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Correct answersA, D, E, G

Explanation

References:
https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387136AN11E5B.htm
(refresh column defaults)

Question 25

Multiple choice

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 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.
B
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.
C
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.
D
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.

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Correct answersA, D

Question 26

Multiple choice

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 regarding the Calculation Factors? (Choose two.)

A
Calculation Factors indicate which deduction range to use when calculating the deduction amount.
B
The Manage Deduction Ranges task in the Payroll Calculation work area is used to view the calculation factors defined.
C
Calculation Factors define which classifications of earnings to consider when calculating the basis for the deduction element.
D
The Manage Deduction Group Rates task in the Payroll Calculation work area is used to view the calculation factors defined.

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Correct answersA, B

Question 27

Multiple choice

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
Start Workforce Compensation Cycle
B
Refresh Workforce Compensation Data
C
Transfer Workforce Compensation Data to HR
D
Adjust Workforce Compensation Enrollment Window
E
Back Out Workforce Compensation Data
F
Evaluate Workforce Compensation Participation

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Correct answersA, B, C, E

Explanation

References:
https://docs.oracle.com/cloud/latest/common/FAIWC.pdf

Free 1Z0-1049-20 Exam Dumps Preview

Oracle Compensation Cloud 2020 Implementation Essentials

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