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

Oracle 1Z0-1049-22 Online Questions & Answers

• Question 101:

  A manager publishes budgets as amounts to the managers reporting to him. The following table shows the allocations made to each direct report(managers) and the total salaries of the employees in their chain.

  

  Now, one of Manager 2's employees with eligible salary of $ 100,000 is reassigned to Manager 3. What will be the impact on Budget Percentage? (Choose the best answer.)

  A. No impact. The budget allocated to the employee will automatically be allocated to Manager 3. Budget percentage will remain as 10.
  B. Allocated budget will not change. Budget percentage of Manager 2 will increase to 12.5% and Manager 3 will decrease to 8%.
  C. Allocatedbudget will not change. Budget percentage of Manager 3 will increase to 12.5% and Manager 2 will decrease to 8%.
  D. Budget allocated for the employee will be released back to the manager for reallocation. Budget percentage will remain unchanged.
  B. Allocated budget will not change. Budget percentage of Manager 2 will increase to 12.5% and Manager 3 will decrease to 8%.

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  Explanation/Reference:

• Question 102:

  As an implementation consultant, you are required to create an element that is applicable only to a set of employees who are in the Production department and who are on weekly payrolls. What is the correct configuration to meet this requirement? (Choose the best answer.)

  A. Create Element Eligibility with the Legal Employer and Payroll Statutory Unit parameters.
  B. Create an element without defining Element Eligibility.
  C. Create Element Eligibility with the Grade and Position parameters.
  D. Create Element Eligibility with the department and specific payroll parameters.
  A. Create Element Eligibility with the Legal Employer and Payroll Statutory Unit parameters.

• Question 103:

  As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for Salary, Merit Increase, and so on. Identify one set of values that Compensation Items can hold. (Choose the best answer.)

  A. Monetary, Nonmonetary, Date, Text
  B. Monetary, Nonmonetary, Timestamp, Text
  C. Monetary, Timestamp, Boolean
  D. Monetary, Nonmonetary, Date, Boolean
  B. Monetary, Nonmonetary, Timestamp, Text

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  Explanation/Reference:

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

• Question 104:

  When upper-level managers change the plan access of one or more lower-level managers, they receive a notification informing them about the change in access. Which option do they receive to act on the notification? (Choose the best answer.)

  A. Accept
  B. Reject
  C. Dismiss
  D. Reply
  D. Reply

• Question 105:

  Your customer's compensation has an itemized structure. The company wants to increase the Cost of Living allowance of the employees living in the New Jersey area by 3% to compensate for the increased living costs there. Which feature of Oracle Fusion Workforce Compensation can be used to achieve this? (Choose the best answer.)

  A. Budget Pools
  B. Plan Eligibility
  C. Salary Component
  D. Action and Action Reasons
  E. Plan Access
  C. Salary Component

• Question 106:

  Identify the correct statement about changes in an employee's compensation when the employee's FTE value changes in employment.

  A. If the salary record has the end date before the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.
  B. If the salary record end date is 31-DEC-4712 (that is, the date is "blank" in the salary UI), the FTEvalue is fetched as of the current system date and Annual Salary and Annual FT Salary are calculated by using that value.
  C. If the salary start date is after the current date (that is, it is a future-dated salary record), the FTE value is fetched as of the salary start date and Annual Salary and Annual FT Salary are calculated by using that value.
  D. If the salary record has the end date after the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculatedby using that value.
  E. If the salary record end date is the same as the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.
  B. If the salary record end date is 31-DEC-4712 (that is, the date is "blank" in the salary UI), the FTEvalue is fetched as of the current system date and Annual Salary and Annual FT Salary are calculated by using that value.

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  Explanation/Reference:

• Question 107:

  A corporation hasimplemented Oracle Fusion Workforce Compensation. A Salary basis has been created to manage employees' salaries. It has a payroll element attached. As part of the Salary changes, when the compensation manager is trying to update the Salary amounts, the same is not reflecting in the payroll elements entries of the employee.

  Identify the two possible causes for the issue. (Choose two.)

  A. Automatic entry is checked for the payroll element used.
  B. Automatic entry is checked at the element eligibility linkfor the payroll element used.
  C. Salary basis is configured to be non-updatable.
  D. No components are defined to handle these salary adjustments.
  A. Automatic entry is checked for the payroll element used.
  C. Salary basis is configured to be non-updatable.

• Question 108:

  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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  Explanation/Reference:

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

• Question 109:

  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 wouldhe 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 editsand 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 asnecessary to accommodate the revisions.
  A. Download and authenticate workbooks.
  C. Filter the editsand 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 110:

  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/Reference:

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