Oracle 1Z0-1049-20 Online Practice Questions and Exam Preparation

Oracle 1Z0-1049-20 Online Questions & Answers

• Question 91:

  While configuring the Budget page, you enable the "Compensation Performance Rating" column from which section? (Choose the best answer.)

  A. Summary
  B. Detail table
  C. Worker List
  D. Actions
  E. Information
  B. Detail table

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  Reference: http://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20376/F606893AN43594.htm (worksheet tab types: explained)

• Question 92:

  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 Items
  B. Manage Stock Grants >> Import Category
  C. Manage Stock Grants >> Import Source
  D. Manage Stock Grants >> Prepare Import Spreadsheet
  D. Manage Stock Grants >> Prepare Import Spreadsheet

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  Reference: https://docs.oracle.com/cd/E37017_01/fusionapps.1115/e20376/F668086AN4EC23.htm (last line of the page)

• Question 93:

  You client has a requirement that allows a salary adjustment based on the number of dependents the employee has, and this allowance must be mapped to a separate component. Because this allowance cannot have a logical mapping with

  any of the predefined components, you decide to create a new salary component called "Family Allowance".

  Which option would you use to achieve this? (Choose the best answer.)

  A. The Configure Compensation Component task in Manage plans
  B. The Salary Component Lookup
  C. It is not possible to achieve this, because only the delivered salary components can be used.
  D. The Compensation Models
  B. The Salary Component Lookup

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  Reference: https://docs.oracle.com/cd/E60665_01/common/FAIWC/F1477720AN1CD0E.htm#F1477720AN1CD 0E

• Question 94:

  During the Compensation Review cycle for the year 2014-15, the manager processes his direct reports compensation changes per the model created by him. After making the changes in the worksheet, the manager submits the proposed changes to the next level manager in the hierarchy for approval. What will the Manager status appear as in the workforce compensation area? (Choose the best answer.)

  A. In Approvals
  B. Processed
  C. Fully Approved
  D. Submitted
  E. Work in Progress
  D. Submitted

• Question 95:

  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 an element without defining Element Eligibility.
  C. Create Element Eligibility with the Grade and Position parameters.
  D. Create Element Eligibility with the department and specific payroll parameters.
  A. Create Element Eligibility with the Legal Employer and Payroll Statutory Unit parameters.

• Question 96:

  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. Plan Eligibility
  C. Salary Component
  D. Action and Action Reasons
  E. Plan Access
  C. Salary Component

• Question 97:

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

• Question 98:

  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. 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.
  B. 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
  C. 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 Start Compensation Cycle process.
  D. 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, Run the Start Compensation 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.
  C. 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 Start Compensation Cycle process.

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  Reference:

  https://docs.oracle.com/cd/E60665_01/common/FACMC/F1441437AN11CE2.htm#F830583AN1266 3 (tracking off-cycle compensation against a budget: procedure)

• Question 99:

  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
  A. Start Workforce Compensation Cycle
  B. Refresh Workforce Compensation Data
  C. Transfer Workforce Compensation Data to HR
  E. Back Out Workforce Compensation Data

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

• Question 100:

  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 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.
  B. Configure as many compensation plans as there are allowed types and models of vehicles, because options cannot have eligibility profiles associated, and use different payroll elements for each of them.
  C. 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 options such that any payroll element can be associated with only one plan and option.
  D. 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.
  C. 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 options such that any payroll element can be associated with only one plan and option.