Oracle Human Capital Management (HCM) 1Z0-1049-20 Questions & Answers

• Question 21:

  The manager administering compensation has the option to create budget models to be used to allocate

  compensation.

  Which four options regarding compensation modeling are correct? (Choose four.)

  A. Modeling enables managers to automatically allocate compensation to employees who meet certain criteria.

  B. Managers can create their own models and use them.

  C. Managers cannot share a model created by them.

  D. Managers can use a model created by compensation professionals.

  E. Access of a model is limited only to the creator of the model.

  F. A model can be shared with the direct reports of the creator.

  Correct Answer: ABDF

  Reference: https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387136AN11E5B.htm

• Question 22:

  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 can hide table columns.

  B. You can configure display of zero values.

  C. You cannot hide regions for graphs or descriptions at the statement definition setup level.

  D. You cannot exclude a category from the statement summary at the category setup level.

  E. You cannot include and hide the welcome message at the statement definition setup level.

  F. You can hide or show the estimated amount indicator at the category setup level.

  Correct Answer: BCF

• Question 23:

  A corporation has implemented Oracle Fusion Workforce Compensation for a manufacturing client. Which is the building block used in the calculation of deductions and exemptions? (Choose the best answer.)

  A. Deduction ranges

  B. Deduction range group

  C. Deduction range Values

  D. Deduction overrides

  Correct Answer: A

• Question 24:

  A corporation is implementing Oracle Fusion Workforce Compensation. Different currencies are set at the

  Legislative Data Group level, the Organization payment level, the Bank account level, and the payroll

  element level.

  The currency shown while configuring salary basis comes from which level? (Choose the best answer.)

  A. From the input value of the payroll element

  B. From the Legislative Data Group level, because that is the highest level in the hierarchy.

  C. From the Organization payment level, because the compensation is finally paid through this

  D. From the Bank account level

  Correct Answer: B

• Question 25:

  A corporation has implemented Oracle Fusion Workforce Compensation. A custom element was created to capture the entry value for four input values. Data load is performed by the Batch Loader, but the associated Daily Business Intelligence (DBI) is returning the entry value corresponding only to the first input value. Identify the option that will enable the DBI to return all the input variables. (Choose the best answer.)

  A. Delete the existing element link and create a new element link, which will automatically create all four input values.

  B. Create a new element from scratch.

  C. This scenario cannot be implemented.

  D. Create status processing rules for the input values.

  Correct Answer: B

• Question 26:

  Identify three correct statements about changes in an employee's compensation when the employee's FTE value changes in employment. (Choose three.)

  A. If the salary record has the end date before the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.

  B. If the salary record end date is 31-DEC-4712 (that is, the date is "blank" in the salary UI), the FTE value is fetched as of the current system date and Annual Salary and Annual FT Salary are calculated by using that value.

  C. If the salary start date is after the current date (that is, it is a future-dated salary record), the FTE value is fetched as of the salary start date and Annual Salary and Annual FT Salary are calculated by using that value.

  D. If the salary record has the end date after the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.

  E. If the salary record end date is the same as the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.

  Correct Answer: B

• Question 27:

  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.

  Correct Answer: A

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

• Question 28:

  When initiating an award, what is correct regarding possible workflow tasks? (Choose the best answer.)

  A. You may use either VariableAllocationTask and VarialbeAllocationFYITask

  B. You must use VariableAllocationTask and not VariableAllocationFYITask.

  C. You must use VariableAllocationFYITask and not VariableAllocationTask.

  D. You must use VariableAllocationTask and edit the rules if using only for notification.

  Correct Answer: C

• Question 29:

  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.

  Correct Answer: BD

• Question 30:

  While working on the compensation changes in an Excel workbook, a manger selects the Upload option and then tries to immediately download the uploaded dat

  A. As a consultant, you advise him not to do so because of which reason? (Choose the best answer.)

  B. This action causes the committed data to roll back, thereby revoking the changes processed.

  C. This action causes the committed data to download immediately, thereby obscuring the error messages.

  D. 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.

  E. 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.

  Correct Answer: D