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

Oracle 1Z0-1049-20 Online Questions & Answers

• Question 51:

  A corporation has implemented Oracle Fusion Workforce Compensation. The consultant must now create an element eligibility link for an Earnings element. While creating the element eligibility link, which three options can be set up in the element eligibility work area? (Choose three.)

  A. general information
  B. input values
  C. costing
  D. status processing rules
  E. retroactive components
  F. auto indirect rules
  B. input values
  C. costing
  F. auto indirect rules

• Question 52:

  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.
  A. Download and authenticate workbooks.
  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.

• Question 53:

  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
  A. Dates
  D. Non Monetary Values
  E. Text

• Question 54:

  Your client's compensation plan for employees includes a component that is based on years of service in the organization. If a person completes 10 years in the company, he or she will be eligible for a seniority component and the associated fixed salary amount. What type of eligibility profile you would need to create in order to track work experience of people? (Choose the best answer.)

  A. Employment-based eligibility criteria suing hire date
  B. Derived -factor-based eligibility criteria using length of service
  C. User-defined-criteria-based eligibility profile using hire date
  D. Employment-based-eligibility-criteria using length of service
  D. Employment-based-eligibility-criteria using length of service

• Question 55:

  A corporation is implementing Oracle Fusion Workforce Compensation and has set up an individual compensation plan for a contribution. This contribution has to be approved by the four members in parallel. Identify the correct option regarding parallel approvals. (Choose the best answer.)

  A. Parallel approvals are not fully supported, but notifications can be sent to all members in parallel using the list builder resource option and configuring Application Role. However, the first person who claims the notification can approve it, and this ends the process and the other members lose control over the approval of the notification.
  B. Parallel approvals are supported by configuring the Application role option in the Resource list builder. Only after all the approvers approve will the process end.
  C. Parallel approvals are supported and can be configured using Static approval groups. Only after all the approvers approve will the process end.
  D. A parallel approval option is not available and any approval configured is always sequential.
  C. Parallel approvals are supported and can be configured using Static approval groups. Only after all the approvers approve will the process end.

• Question 56:

  Which alert is advised to be disabled when you are using HCM co-existence between Oracle PeopleSoft HCM and Oracle Fusion Compensation? (Choose the best answer.)

  A. Allocation exceeding target
  B. Employee termination
  C. Leave of Absence
  D. Any custom alert
  C. Leave of Absence

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  Reference: https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387136AN11E5B.htm (see the note under worksheet)

• Question 57:

  You are responsible for configuring variable allocations to manage approvals for individual compensation plans. Your company wants to control plan availability by using defaults. What are the default attributes of the actionable Variable Allocation task? (Choose the best answer.)

  A. The task is only for notification and has no rules.
  B. The task applies to all allocations, uses two levels of the Supervisory list builder, and does not require a response from the current approver.
  C. The task applies to selected allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver.
  D. The task applies to all allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver.
  C. The task applies to selected allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver.

• Question 58:

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

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  All active plans are available to be cross referenced, even plans with no started cycles. You can also reference a plan within itself to display values from a previous plan cycle in a subsequent cycle. For example, you can display a target amount or custom score from a previous plan cycle in the current plan cycle so that managers are aware of that data when making a current compensation decision. You cannot select a default value for a column by cross-referencing a column from another plan if you have selected values for the Default Value, Default and Override Formula, or Compensation Derived Factor fields on the Configure Column Properties dialog box.

• Question 59:

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

• Question 60:

  Your customer wants to give its employees a way to donate to charity. This donation could be started anytime in the year and can be updated or stopped only during the month of September. Identify the correct set of plan restriction to achieve the desired results. (Choose the best answer.)

  A. The individual compensation plan must be set up with "NO" for plan access restriction.
  B. The individual compensation plan must be set up with the following restrictions: New Allocations: Always Update Allocations: Specific period Sep 1-Sep 30 Withdraw Allocations: Specific period Sep 1 -Sep 30
  C. The individual compensation plan must be set up with the following restrictions: Create Allocations: Always Update Allocations: Specific period Sep 1 -Sep 30 Discontinue Allocations: Specific period Sep 1 -Sep 30
  D. The individual compensation plan must be set up with the following restrictions: New Allocations: Always Update Allocations: Specific period Sep 1 -Sep ep 30 Discontinue Allocations: Specific period Sep 1 -Sep 30
  B. The individual compensation plan must be set up with the following restrictions: New Allocations: Always Update Allocations: Specific period Sep 1-Sep 30 Withdraw Allocations: Specific period Sep 1 -Sep 30