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

Oracle 1Z0-1049-20 Online Questions & Answers

• Question 151:

  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.)
  C. Enable components and create a component linked to the budget pool (Configure Compensation Components).

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  Reference: https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387136AN11E5B.htm (task dependencies, see the last row of the table)

• Question 152:

  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 selected cannot allow multiple entries in the same period.
  B. An element with the Automatic Entry option selected can allow multiple entries in the same period.
  C. 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, and an element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
  A. An element with the Automatic Entry option selected cannot allow multiple entries in the same period.

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  Reference:

  https://docs.oracle.com/cloud/latest/globalcs_gs/FAIGP/FAIGP1427197.htm#FAIGP595603 (see Important)

• Question 153:

  A corporation has implemented Oracle Fusion Workforce Compensation. A Salary basis has been created to manage employees' salaries. It has a payroll element attached. As part of the Salary changes, when the compensation manager is trying to update the Salary amounts, the same is not reflecting in the payroll elements entries of the employee. Identify the two possible causes for the issue. (Choose two.)

  A. Automatic entry is checked for the payroll element used.
  B. Automatic entry is checked at the element eligibility link for the payroll element used.
  C. Salary basis is configured to be non-updatable.
  D. No components are defined to handle these salary adjustments.
  A. Automatic entry is checked for the payroll element used.
  C. Salary basis is configured to be non-updatable.

• Question 154:

  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
  B. weekly, because the employee is on a weekly payroll

• Question 155:

  Plan access restrictions control the situations in which an individual compensation plan is available for allocations or contributions by a line manager or worker, and regulate a user's ability to create, update, or discontinue allocations or contributions under the plan. What are three common decisions to make about plan access? (Choose three.)

  A. If user access should be based on career levels or earnings thresholds
  B. If the plan is going to require updates that are driven by business users in the time frame of the next payroll cycle
  C. if there should be a "white list" name criteria for access to the plan
  D. if plan access should be related to HR actions
  E. if there should be a time period in which a user can create, update, or discontinue allocations or contributions
  F. whether or not to restrict access to the plan at all
  D. if plan access should be related to HR actions
  E. if there should be a time period in which a user can create, update, or discontinue allocations or contributions
  F. whether or not to restrict access to the plan at all

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  Reference: http://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20376/F642623AN4283B.htm

• Question 156:

  A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up the Deductions options.

  If Deduction cards are supported at multiple levels, which task in the Setup and Maintenance Work area is used to create deduction card overrides at the Payroll Statutory Unit level? (Choose the best answer.)

  A. Manage Legal Reporting Unit Deduction Records
  B. Manage Legal Entity Deduction Records
  C. Manage Payroll Deductions
  D. Manage Personal Deductions
  A. Manage Legal Reporting Unit Deduction Records

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  Use the Manage Personal Deductions task in the Payroll Calculations or Payroll Administration work area to create deduction card overrides at the payroll relationship level. If overrides are allowed, the Overrides Allowed on Deduction Cards tab appears in the Component Details section of the Manage Deduction Cards page when you select a deduction component. Click Create to define an override. The override value you enter varies based on the type of override item defined in the deduction range, as described in the previous section. For example, you may enter a rate to be used in the deduction calculation or an amount to be added to the calculated amount. If your localization supports deduction cards at multiple levels, use the Manage Legal Entity Deduction Records task in the Setup and Maintenance work area to create deduction card overrides at the payroll statutory unit level. Use the Manage Legal Reporting Unit Deduction Records task in the Setup and Maintenance work area to create deduction card overrides at the tax reporting unit level.

• Question 157:

  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 Start Compensation Cycle process
  B. the Validate Plan Setup process
  C. the Refresh Data process
  D. the Start Compensation Cycle process. After this, the Administrator should create a model to distribute the budgets.
  D. the Start Compensation Cycle process. After this, the Administrator should create a model to distribute the budgets.

• Question 158:

  While validating the Workforce Compensation Plan Setup, the compensation administrator encounters the following Warning: "At least one column that adjusts salary is enabled but no components to be posted as salary are selected." What should the compensation administrator do to eliminate this warning? (Choose the best answer.)

  A. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Eligible Salary Column Properties, select Yes for Post as Salary.
  B. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Percentage of Eligible Salary Column Properties, add an Element.
  C. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Compensation Amount Column Properties, select Yes for Post as Salary.
  D. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and enable Compensation Amount.
  E. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and enable Eligible Salary.
  C. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Compensation Amount Column Properties, select Yes for Post as Salary.

• Question 159:

  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
  A. Element Entry
  B. Benefit Balance
  C. Formula
  D. Payroll Balance

• Question 160:

  A corporation is implementing Oracle Fusion Workforce Compensation and the new salary basis is being created.

  For an hourly paid employee, which option is true regarding the Annualization factor in the salary basis? (Choose the best answer.)

  A. For all hourly paid employees, a new salary basis needs to be created and associated that uses a frequency of "Hourly," and the Annualization factor will be the number of hours in a work year.
  B. Whether the employee is paid hourly or not, the Annualization factor is the multiplication factor used to convert base pay at the selected frequency to an annualized amount. So any frequency can be used and the corresponding Annualization factor can be determined.
  C. The Annualization factor used in salary basis is only for display purpose. The amount that is paid to the worker is always determined by the pay period on the payroll linked to worker's assignment.
  D. The Annualization factor used in a salary basis is only for display purpose. The amount that is paid to the worker is always determined by the sum of all the components of the salary basis multiplied by 12.
  D. The Annualization factor used in a salary basis is only for display purpose. The amount that is paid to the worker is always determined by the sum of all the components of the salary basis multiplied by 12.