Exam Details

  • Exam Code
    :1Z0-1049-20
  • Exam Name
    :Oracle Compensation Cloud 2020 Implementation Essentials
  • Certification
    :Human Capital Management (HCM)
  • Vendor
    :Oracle
  • Total Questions
    :178 Q&As
  • Last Updated
    :May 14, 2024

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

  • Question 31:

    What are two attributes of primary element classifications? (Choose two.)

    A. They are globally applicable.

    B. They are editable.

    C. They are user defined.

    D. They are not editable.

    E. They are predefined.

  • Question 32:

    Identify three event-driven configurations that can be changed for the delivered variable allocation approval tasks as per business requirements. (Choose three.)

    A. Assignment and Routing Policies

    B. Escalation and Expiration Policies

    C. Approval and Rejection Policies

    D. Notification Settings

    E. Data Driven Routing

  • Question 33:

    Your customer wants to limit contributions to a particular individual compensation plan to workers with at least a year of service. How should you accomplish this? (Choose the best answer.)

    A. Create a relevant eligibility profile and associate it with the plan.

    B. Create user-defined criteria, and then create the eligibility profile and plan.

    C. Create a derived factor, and then create the eligibility profile and plan.

    D. Create an eligibility profile with the exclude option and associate it with the plan

    E. Use a fast formula to restrict access to the plan.

  • Question 34:

    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

  • Question 35:

    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.

  • Question 36:

    A corporation has generated total compensation statements and all workers received their total

    compensation statements. As a compensation executive, you realize that some corrections are needed in

    the generated statements.

    Which corrective action will you take? (Choose the best answer.)

    A. Educate the workers that corrections are not possible after the total compensation statements have been generated.

    B. Ignore any corrective action.

    C. Edit "Statement Definition," make the required corrections, and regenerate the total compensation statements as a newer version.

    D. Start manual changes in each worker's total compensation statement.

  • Question 37:

    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.

  • Question 38:

    A corporation needs to set up a compensation plan for a Housing allowance that will allow the company to grant these allowances to only employees above a particular role. Identify the option that indicates the correct way of implementing it. (Choose the best answer.)

    A. Set up role-based security to the individual compensation work area so that only managers are allowed.

    B. Set up access restrictions to the individual compensation plan using the correct HR action so that it can be added only to the specific roles.

    C. They payroll administrator must add the element to the employees in the specified roles, because this cannot be achieved through configuration.

    D. Set up a salary basis and restrict the eligibility to the required roles.

  • Question 39:

    Which three statements are true regarding plan cycles? (Choose three.)

    A. All active plans are available to be cross-referenced, even plans with no started cycles.

    B. You can display a target amount or custom score from a previous plan cycle in the current plan cycle.

    C. Active plans are available to be cross-referenced, except plans with no started cycles.

    D. You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.

    E. You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.

  • Question 40:

    Which is the correct priority of deduction information from highest to lowest? (Choose the best answer.)

    A. 1.Personal deduction card (payroll relationship level). 2. Tax reporting unit deduction card. 3. Payroll statutory unit deduction card. 4. Payroll deduction range values (legislative data group level).

    B. 1. Personal deduction card (payroll relationship level). 2. Payroll statutory unit deduction card. 3. Tax reporting unit deduction card. 4. Payroll deduction range values (legislative data group level).

    C. 1. Payroll statutory unit deduction card. 2. Tax reporting unit deduction card. 3. Payroll deduction range values (legislative data group level) 4. Personal deduction card (payroll relationship level).

    D. 1.Personal deduction card (payroll relationship level). 2. Payroll deduction range values (legislative data group level) 4. Payroll statutory unit deduction card. 4. Tax reporting unit deduction card.

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