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

Oracle 1Z0-1049-22 Online Questions & Answers

• Question 1:

  Your customer is planning to configure an Individual Compensation Company Car Plan to include only the Sales department employees. The customer also wants to restrict luxury model vehicles to executive positions. Which three statements are true about accomplishing this? (Choose three.)

  A. Create an eligibility profile to include only the Sales department and attach it to Company Car Plan.
  B. Create an eligibility profile to include executive positions and attach it to Company Car Plan.
  C. Createan eligibility profile to include the Sales department and the executive positions and attach it to Company Car Plan and the Luxury models option.
  D. Create an eligibility profile to include the executive positions and attach it to the Luxury models option.
  E. You cannot achieve this because you cannot attach eligibility profiles with Plan and Option.
  F. You can attach eligibility profiles with Plan, Option, or both.
  A. Create an eligibility profile to include only the Sales department and attach it to Company Car Plan.
  B. Create an eligibility profile to include executive positions and attach it to Company Car Plan.
  C. Createan eligibility profile to include the Sales department and the executive positions and attach it to Company Car Plan and the Luxury models option.

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  explanation:

  Explanation/Reference:

  Reference:http://docs.oracle.com/cd/E15586_01/fusionapps.1111/e20376/F566542AN414 38.htm

• Question 2:

  A corporation implemented Oracle Fusion Workforce Compensation. A salary basis has been created and attached to the employee and a compensation cycle has been run. The corporation wants to include a new component as part of the salary basis.

  Which three are predefined components? (Choose three.)

  A. Regular and automatic adjustment
  B. Market adjustment due to salary being out of line with the market
  C. Equity adjustment to correct salary compression or inversion
  D. Adjustment due to corrections within the organization
  A. Regular and automatic adjustment
  B. Market adjustment due to salary being out of line with the market
  C. Equity adjustment to correct salary compression or inversion

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  explanation:

  Explanation/Reference:

  Reference:https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387136AN11E5B.ht m(salary component lookups: explained)

• Question 3:

  The Fusion Compensation module must be integrated with Fusion Performance Rating. In which three ways can the performance rating be made available? (Choose three.)

  A. Integrate with Oracle Fusion Performance Management.
  B. Use compensation performance ratings.
  C. Use both Performance Management ratings and compensation ratings.
  D. Integrate with Oracle Fusion Goal Management.
  E. Integrate with Oracle Fusion Profile Management.
  A. Integrate with Oracle Fusion Performance Management.
  B. Use compensation performance ratings.
  C. Use both Performance Management ratings and compensation ratings.

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  explanation:

  Explanation/Reference:

• Question 4:

  Your client has a requirement where work-at-home assignments are not eligible for an employee compensation revision cycle. To facilitate capturing work-at-home assignment, you have created a custom column and associated a List of Values (LOV) with values "Yes" and "No". Now you wish to create an eligibility profile around this. Which is thecorrect option? (Choose the best answer.)

  A. User-defined-criteria-based eligibility profile on "Work-at-home" and value = "Yes" with exclude option selected
  B. User-defined-criteria-based eligibility profile on "Work-at-home" and value = "Yes" withexclude option deselected
  C. User-defined-criteria-based eligibility profile on "Work-at-home" and value = "No" with exclude option selected
  D. Derived-factor-based eligibility profile based on the "Work-at-home" column
  A. User-defined-criteria-based eligibility profile on "Work-at-home" and value = "Yes" with exclude option selected

• Question 5:

  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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  explanation:

  Explanation/Reference:

  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 amountor 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 6:

  Performance ratings are enabled in the compensation plan. Which three statements are correct regarding performance ratings? (Choose three.)

  A. If you use performance ratings while allocating compensation, you can display the latest ratings to the managers during the compensation cycle.
  B. You can allow managers to enter performance ratings during the compensation cycle to be used only in the compensation plan.
  C. You cannot make completed performance document and corresponding ratings from Oracle Fusion Performance Management available to managers in the compensation worksheet.
  D. You can allow managers to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.
  A. If you use performance ratings while allocating compensation, you can display the latest ratings to the managers during the compensation cycle.
  B. You can allow managers to enter performance ratings during the compensation cycle to be used only in the compensation plan.
  D. You can allow managers to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.

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  explanation:

  Explanation/Reference:

  Reference:https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387136AN11E5B.ht m(worksheet, performance ratings)

• Question 7:

  A corporation has implemented Oracle Fusion Workforce Compensation. Oracle Fusion Supplemental Earning Elements must now be created to capture ad hoc payments for eligible workforce. Which two statements are true about element eligibility criteria for such elements? (Choose two.)

  A. You can define multiple eligibility criteria for each element, but there must be an overlap between them.
  B. You can define multiple eligibilitycriteria for each element, but there must not be any overlap between them.
  C. You cannot define multiple eligibility criteria for each element in any case.
  D. Some element eligibility criteria may not be available, depending on the level at which the element is attached.
  B. You can define multiple eligibilitycriteria for each element, but there must not be any overlap between them.
  C. You cannot define multiple eligibility criteria for each element in any case.

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  explanation:

  Explanation/Reference:

  You can define more than one eligibility criteria for each element but there must be no overlap between them. For example, you could create one criteria for the combination of grade A and the job Accountant. However, you could not create one criteria for grade A and a second for the job Accountant. This would imply that an accountant on grade A is eligible for the same element twice. If you have more than one criteria for an element, you can enter different defaultvalues, qualifying conditions, and costing information for each eligibility group.

• Question 8:

  The compensation administrator has configured an Annual SalaryReview plan that is linked to the performance of employees so that the annual increment amount is based on the rating that an employee has received in the performance evaluation. The percentages are fixed for each of the ratings by using the dynamic column. All the managers have completed updating the worksheet and the information has been transferred to HR by running the Transfer Workforce Compensation Data to HR process.

  After this, the compensation administrator realizes that the increment percentages for each of the ratings used in the dynamic column were incorrect. Now each of these incorrect salary records should be deleted and new correct salary record entries should be made for the employees in Manage Salary.

  How should you accomplish this? (Choosethe best answer.)

  A. Change the plan status to Inactivate and create a new compensation plan with correct percentage increase for each of the ratings.
  B. Correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Dataprocess, and return the same compensation plan.
  C. Run the Back Out Workforce Compensation Data process, run the Refresh Workforce Compensation Data process, return the same compensation plan, and then transfer the data to HR.
  D. Run the Back Out Workforce Compensation Data process, correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Data process, and rerun the same compensation plan.
  E. Run the Back Out Workforce Compensation Data process, correct the percentageincrease for each of the ratings, run the Refresh Workforce Compensation Data process, and rerun the same compensation plan. Finally transfer the data to HR.
  A. Change the plan status to Inactivate and create a new compensation plan with correct percentage increase for each of the ratings.

• Question 9:

  Your client wants you to create a single Compensation Change statement that includes compensation awarded for multiple plans. What would you, as an implementation consultant, advise your client? (Choose the best answer.)

  A. Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.
  B. Create a custom data model that can pull compensation awarded from different plans and display the data using a BI publisher layout.
  C. Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.
  D. This is possible only in the on-premises model using customization and is not possible in an Saas instance. Therefore, you would respondaccordingly to the client.
  C. Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.

• Question 10:

  Your client'sorganization is a multi-country organization with headquarters in the US, and managers have direct reports in different countries.

  In which three ways can the compensation currency be displayed? (Choose three.)

  A. Preferred currency
  B. Each employee's local currency
  C. The corporate currency
  D. Only one currency can be displayed
  A. Preferred currency
  B. Each employee's local currency
  C. The corporate currency