Skip to main content

1Z0-1049-22 Real Exam Questions

Oracle Compensation Cloud 2022 Implementation Professional

178 questions available · Page 1 of 18

Updated Exam DumpsVerified AnswersPass Guarantee

Get Complete Exam Dumps
Question 1 Single choice

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.)

  1. A

    Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.

  2. B

    Create a custom data model that can pull compensation awarded from different plans and display the data using a BI publisher layout.

  3. C

    Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.

  4. 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.

Show answer and explanation

Correct answer: C

Question 2 Single choice

Your customer has standard working hours = 40 hours per week. An employee has the following salary basis setup:

Working hours = 32 hours per week
Base pay = 20 USD per hour
What will be the employee's Annual Salary and Annualized full-time salary?
(Choose the best answer.)

  1. A

    Annual Salary = 32280, Annualization Salary = 41600

  2. B

    Annual Salary = 52000, Annualization Salary = 41600

  3. C

    Annual Salary = 41600, Annualization Salary = 41600

  4. D

    Annual Salary = 32280, Annualization Salary = 52000

Show answer and explanation

Correct answer: C

Explanation

References:
https://docs.oracle.com/cd/E60665_01/common/FAIWC/F1443869AN18796.htm#F1098224AN19838

Question 3 Single choice

You create a compensationplan and attach a Compensation Performance rating model to it. While the manager is allocating compensation, he specifies a rating for each of the employees under him.
Where will the rating specified by the manager be available?
(Choose the best answer.)

  1. A

    Only within the current compensation plan and all cycles associated with it

  2. B

    Only within the current compensation plan and the current cycle

  3. C

    To the current compensation plan and the Performance Management system

  4. D

    To the current compensation planand HR system

Show answer and explanation

Correct answer: A

Question 4 Single choice

Your customer awards three types of bonuses to its workers: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. All three bonuses are awarded by using element entries.

How would you configure the Compensation Statement? (Choose the best answer.)

  1. A

    Create one Compensation Item as Bonus and specify the source type as Element Entry. Associate the three elements with the Compensation Item.

  2. B

    Create three Compensation Items: Joining Bonus, Ad-hoc bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective elements with the respective Items.

  3. C

    Create one Compensation Category as Bonus and specify the source type as Element Entry. Associate the three elements with the Compensation Category.

  4. D

    Create three Compensation Categories: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective Elements with the respectiveCategories.

Show answer and explanation

Correct answer: B

Question 5 Multiple choice

Whileimplementing, you are grouping compensation items and categories for displaying them together.
Therefore, when planning how to group compensation items and categories, you must consider which three options? (Choose three.)

  1. A

    Category Type

  2. B

    ContributionType and Unit of Measure

  3. C

    Level of detail

  4. D

    Statement definitions

  5. E

    Compensation Items

  6. F

    Category Detail

Show answer and explanation

Correct answers: A, B, C

Explanation

Group related compensation together into compensation categories for display in total compensation statements. Whenplanning how to group compensation items and categories for display, you must consider the following factors:

Category type

Contribution type and unit of measure Level of detail

References:
https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387366AN19E05.htm

Question 6 Multiple choice

Which four options are valid refresh options for the Refresh Data process? (Choose four.)

  1. A

    Refresh HR Data

  2. B

    Refresh Base andEligible Salary

  3. C

    Refresh Plan Access

  4. D

    Refresh Manager Hierarchy

  5. E

    Reevaluate Eligibility

  6. F

    Refresh Plan Currency

  7. G

    Refresh summary totals

Show answer and explanation

Correct answers: A, D, E, G

Explanation

References:
https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387136AN11E5B.ht
m(refresh column defaults)

Question 7 Multiple choice

As an implementation consultant, you are required to create an element for capturing the bonus awarded in the compensation cycle.

Which two statements are correct regarding the input values of the element created? (Choose two.)

  1. A

    The automatically created Amount input value is identified as the primary input value.

  2. B

    No additional configuration is required to attach this element to the workforce compensation plan component.

  3. C

    You must manually mark the Amount inputvalue as the primary input value in the Special Purpose field.

  4. D

    Element entries are created for all the input values of the element.

  5. E

    It is possible to link the same element but different input values to different components or options within the samecompensation plan.

Show answer and explanation

Correct answers: A, B

Question 8 Multiple choice

Which four statements are true if you enable Performance Ratings and integrate with Oracle Fusion Performance Management? (Choose four.)

  1. A

    You can display overall and calculated performance ratings given in the Performance Management system and provide access to the full performance document from within the worksheet.

  2. B

    You select the performancetemplate or document name and the period to make available, and whether to display only completed ratings or ratings in any status.

  3. C

    You have the option to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.

  4. D

    You need to refresh the HR data for ratings updated in Performance Management so they are updated in the worksheet.

  5. E

    You can also display the Performance Rating History column in the worksheet to see historical ratings
    given inthe Performance Management system.

Show answer and explanation

Correct answers: A, B, C, D

Explanation

References:
https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387136AN11E5B.ht
m(Display performancemanagement ratings)

Question 9 Multiple choice

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.)

  1. A

    Create an eligibility profile to include only the Sales department and attach it to Company Car Plan.

  2. B

    Create an eligibility profile to include executive positions and attach it to Company Car Plan.

  3. 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.

  4. D

    Create an eligibility profile to include the executive positions and attach it to the Luxury models option.

  5. E

    You cannot achieve this because you cannot attach eligibility profiles with Plan and Option.

  6. F

    You can attach eligibility profiles with Plan, Option, or both.

Show answer and explanation

Correct answers: A, B, C

Explanation

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

Question 10 Single choice

While working on the compensation changes in an Excelworkbook, a manger selects the Upload option and then tries to immediately download the uploaded data.
As a consultant, you advise him not to do so because of which reason?
(Choose the best answer.)

  1. A

    This action causes the committed data to roll back, thereby revoking the changes processed.

  2. B

    This action causes the committed data to download immediately, thereby obscuring the error messages.

  3. C

    The data uploaded takes some time to be processed by the server and, therefore, when download is clicked immediately, it might still show the older data.

  4. D

    When the Upload button is clicked, the data is loaded to a staging table and an upload process is triggered. This process has to complete successfully before the new data can be downloaded.

Show answer and explanation

Correct answer: D