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

Oracle 1Z0-1049-20 Online Questions & Answers

• Question 121:

  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 need not 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.
  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.

  ---

  Reference: http://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20376/F566541AN41DF6.htm (payroll element and input value)

• Question 122:

  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.
  C. Create four salary bases and four grade rates, and attach the grade rates to the salary bases.

• Question 123:

  Which five tasks can be performed by a compensation manager? (Choose five.)

  A. Allocate compensation.
  B. Promote and rate worker performance while allocating compensation.
  C. Determine compensation amounts offline by downloading details to a spreadsheet.
  D. Review and approve work of Superior Manager.
  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.
  A. Allocate compensation.
  B. Promote and rate worker performance while allocating compensation.
  C. Determine compensation amounts 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.

  ---

  Reference: https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387083AN108D9.htm#F390541AN1090B

• Question 124:

  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
  E. Allocate Workforce Compensation

• Question 125:

  Which two are element classification types? (Choose two.)

  A. Primary
  B. Secondary
  C. US-only
  D. International
  E. Global
  A. Primary
  B. Secondary

• Question 126:

  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.
  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.

• Question 127:

  An Organization tracks compensation that is not stored in the Benefit Balance, Element Entry, External Data, and Payroll Balance source types. Which three statements are true about configuring Compensation Items for a Compensation Statement? (Choose three.)

  A. Currency can be used as Context when implementing the source type for such Items.
  B. Effective Date can be used as Context when implementing the source type for such Items.
  C. Legislative Data Group ID can be used as Context when implementing the source type for such Items.
  D. Manager ID can be used as Context when implementing the source type for such Items.
  E. Person ID can be used as Context when implementing the source type for such Items.
  A. Currency can be used as Context when implementing the source type for such Items.
  B. Effective Date can be used as Context when implementing the source type for such Items.
  C. Legislative Data Group ID can be used as Context when implementing the source type for such Items.

• Question 128:

  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. The item cannot be deleted, because it is attached to a category.
  B. The above scenario does not stand true as the item can be deleted.
  C. More than one administrator might be using the item and, therefore, it cannot be deleted.
  D. Before deleting the item, you must configure a zero value behavior for the item.
  C. More than one administrator might be using the item and, therefore, it cannot be deleted.

• Question 129:

  Per your client's policy on eligibility for a compensation revision cycle, employees who are in a notice period are not eligible. A particular manager is currently in a notice period, but his direct reports are still eligible for the compensation cycle.

  You observe that the system allows that manager to administer compensation for his direct reports.

  You research this and find out that manager is still allowed to carry out the compensation allocation because his Eligibility Status is _________. (Choose the best answer.)

  A. Eligible
  B. Ineligible
  C. Restricted
  D. Limited
  E. Provisional
  C. Restricted

• Question 130:

  Performance ratings are enabled in the compensation plan. Which three statements are correct regarding performance ratings? (Choose three.)

  A. If you use performance ratings while allocating compensation, you can display the latest ratings to the managers during the compensation cycle.
  B. You can allow managers to enter performance ratings during the compensation cycle to be used only in the compensation plan.
  C. You cannot make completed performance document and corresponding ratings from Oracle Fusion Performance Management available to managers in the compensation worksheet.
  D. You can allow managers to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.
  A. If you use performance ratings while allocating compensation, you can display the latest ratings to the managers during the compensation cycle.
  B. You can allow managers to enter performance ratings during the compensation cycle to be used only in the compensation plan.
  D. You can allow managers to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.

  ---

  Reference: https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387136AN11E5B.htm (worksheet, performance ratings)