Oracle 1Z0-1049-22 Online Practice Questions and Exam Preparation

Oracle 1Z0-1049-22 Online Questions & Answers

• Question 1:

  A worker complains to the Human Resources department that the total amount does not add up to the amount of salary received in the bank. The department informs the worker that certain items that are shown in the Compensation Statement do not comprise the actual amount paid. The department now wants to make the statement more relevant to workers to avoid such situations.

  What should you do to accommodate this requirement? (Choose the best answer.)

  A. For each item, specify the Excluded from Gross amount option to indicate that this compensation is not the actual amount paid.
  B. For each item, specify the Estimated amount option to indicate thatthis compensation is not the actual amount paid.
  C. For each item, specify the Unpaid amount option to indicate that tis compensation is not the actual amount paid.
  D. For each item, specify the Indicative amount option to indicate that this compensation is not the actual amount paid.
  B. For each item, specify the Estimated amount option to indicate thatthis compensation is not the actual amount paid.

• Question 2:

  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 stoppedonly 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 thefollowing 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 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

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  Explanation/Reference:

• Question 3:

  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 thehistory 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.
  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.

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  Explanation/Reference:

• Question 4:

  The Budget Pool Storage Method selected is "Amount." One of the line managers in the organization has twenty employees reporting to him. One of the employees leaves the organization during the compensation cycle. What will be the effect on the budget allocated to the Line Manager? (Choose the best answer.)

  A. The published budgets change when a manager's total eligible salary changes, such as when workers are reassigned.
  B. The published amounts stay with the manager whenworkers are reassigned or their eligibility changes.
  C. The published budgets change when a manager's total eligible salary changes, such as when workers eligibility changes.
  D. The published budgets is always a percentage of the total budget pool.
  B. The published amounts stay with the manager whenworkers are reassigned or their eligibility changes.

• Question 5:

  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 6:

  An organization uses Compensation Statement for its workers in theUK. One of the categories used in the statement has the display name as One-Time Bonus. As an implementation consultant, you are in the process of configuring a new Compensation Statement for workers in India. You decide to reuse the category for the new Compensation Statement. In the process of configuring the Statement Definition, you update the Compensation Category display name to Annual Bonus. However, when the Compensation Statement for workers in the UK displays, it continues to show the Category display name as One-Time Bonus.

  What is the cause for this? (Choose the best answer.)

  A. The Compensation Category display name is specific to a Statement Definition.
  B. The Compensation Statement Definition synchronization process needs to be run to updatethe Compensation Category display name in all statement definitions.
  C. After the Compensation Statement is generated for workers in India, the Category display name of Annual Bonus will start reflecting in the Compensation Statement of workers in the UK.
  D. Workers in the UK need to refresh their statements in order to see the updated display name.
  C. After the Compensation Statement is generated for workers in India, the Category display name of Annual Bonus will start reflecting in the Compensation Statement of workers in the UK.

• Question 7:

  What is the maximum number and kind of items that you can add when defining a custom category? (Choose the best answer.)

  A. three customcolumns
  B. five custom columns
  C. three items
  D. three subcategories
  B. five custom columns

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  Explanation/Reference:

  Reference:https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387366AN19E05.htm (See custom)

• Question 8:

  A corporation has implemented Oracle Fusion Workforce Compensation. The requirementis that Bonus Amount should be given only to the Full-Time Assignment category employees who work on weekly payroll. Additionally, the costing information must be transferred to General Ledger.

  Which implementation approach is correct for creating the required element? (Choose the best answer.)

  A. creating an input value and setting up costing information at the input value level
  B. creating status processing rules and setting up costing information at the status processing level
  C. creating an element eligibility link and setting up costing information at the link level
  D. creating an auto-indirect rule and setting up costing information at the auto-indirect level
  C. creating an element eligibility link and setting up costing information at the link level

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  Explanation/Reference:

  Reference:https://docs.oracle.com/cd/E18727_01/doc.121/e13559/T8916T8918.htm

• Question 9:

  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.
  C. They are user defined.
  D. They are not editable.

• Question 10:

  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 workexperience of people? (Choose the best answer.)

  A. Employment-based eligibility criteria suing hire date
  B. Derived 璮actor-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