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

• Question 41:

  You have created a compensation plan and configured the plan details. However, when you try to run the "Start Compensation Cycle" process, you are not able to see the plan you created in the list that appears. Which three options could be possible reasons for this? (Choose three.)

  A. Your user role does not have access to view the plan.

  B. The compensation administrator or equivalent role is not attached to your plan.

  C. Access to the compensation administrator role is restricted in Plan Access.

  D. Restrict Plan access is set to "NO"; however, the roles that are allowed are not specified.

  E. Restrict Plan access is set to "Yes" and the compensation administrator role is added to the list of roles in "Plan access from Compensation work area."

  Correct Answer: ACE

  Your user role does not have access to view the plan. Check the Configure Plan Access task for the plan and verify the access for the compensation administrator role is not restricted. Also, verify that your user has the compensation administrator role or the proper security to run compensation batch processes.

• Question 42:

  Performance Ratings are enabled in a compensation plan and a Rating Model is supposed to be created. Which two mandatory tasks are involved in creating the Rating Model? (Choose two.)

  A. Create a Rating Level for the rating model.

  B. Review points with from and to points entered for the rating level.

  C. Populate Rating Categories for all rating levels.

  D. Create Target Distributions for each of the rating levels.

  Correct Answer: CD

• Question 43:

  Identify the correct option regarding the Payroll element details in the compensation history setup. (Choose the best answer.)

  A. Any payroll element can be added and all other details are auto-populated including the history category.

  B. Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated including the history category.

  C. Any payroll element can be added and all other details are auto-populated excluding the history category.

  D. Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated excluding the history category.

  Correct Answer: B

• Question 44:

  Your client is a consumer goods wholesaler. The client's organization has five departments. While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees in that department. In the current year, only the Electronics department has exceeded its sales target. How would the compensation manager allocate the extra budget to the manager of the Electronics Department? (Choose the best answer.)

  A. Publish the original budgets to all managers, followed by publishing the extra budget to only the manager of the Electronics department.

  B. Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.

  C. Initiate budgets automatically by using the Start Compensation Cycle process.

  D. Request excess budget allocation from the manager above him.

  Correct Answer: A

• Question 45:

  While working on a budget sheet or a compensation worksheet, a manager chooses to use the "Export to Excel workbook" option to do his or her work. Which four of the following steps would he or she need to perform upon clicking the "Export to Excel workbook" option and prior to finalizing his or her proposal and submitting it for approval? (Choose four.)

  A. Download and authenticate workbooks.

  B. Edit the workbook data.

  C. Filter the edits and upload only the edited fields.

  D. Resolve errors created by the uploaded file.

  E. Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.

  F. Repeat the steps as many times as necessary to accommodate the revisions.

  Correct Answer: ACDE

• Question 46:

  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

  Correct Answer: C

• Question 47:

  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

  Correct Answer: E

• Question 48:

  Your customer provides compensation such as salary, bonus earnings (paid twice a year), commissions, stock options, and company-paid taxes to its workers. The customer wants you to implement Compensation Statements with graphs. Which three values of the graph column will you exclude? (Choose three.)

  A. Dates

  B. Monetary Values

  C. more than one nonmonetary unit of measure

  D. Non Monetary Values

  E. Text

  Correct Answer: ADE

• Question 49:

  While configuring the Budget page, which five tabs are available in Page Layout? (Choose five.)

  A. Budgeting

  B. Summary

  C. Detail table

  D. Worker List

  E. Actions

  F. Comments

  G. Information

  Correct Answer: ABCDE

• Question 50:

  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.

  Correct Answer: C