Exam Details

  • Exam Code
    :1Z0-1049-22
  • Exam Name
    :Oracle Compensation Cloud 2022 Implementation Professional
  • Certification
    :Workforce Rewards Cloud
  • Vendor
    :Oracle
  • Total Questions
    :178 Q&As
  • Last Updated
    :May 11, 2024

Oracle Workforce Rewards Cloud 1Z0-1049-22 Questions & Answers

  • Question 11:

    As an implementation consultant, you have defined a total compensation statement. You have defined three compensation items (a new hire bonus, a profit sharingbonus, and a quarterly bonus), which are attached to the bonus category. You no longer need the quarterly bonus item but you are unable to delete it.

    Which statement is true for the given scenario? (Choose the best answer.)

    A. The item cannot be deleted,because it is attached to a category.

    B. The above scenario does not stand true as the item can be deleted.

    C. More than one administrator might be using the item and, therefore, it cannot be deleted.

    D. Before deleting the item, you must configure a zerovalue behavior for the item.

  • Question 12:

    Performance Ratings are enabled in a compensationplan and a Rating Model is supposed to be created. Which two mandatory tasks are involved in creating the Rating Model? (Choose two.)

    A. Create a Rating Level for the rating model.

    B. Review points with from and to points entered for the rating level.

    C. Populate Rating Categories for all rating levels.

    D. Create Target Distributions for each of the rating levels.

  • Question 13:

    Employee X was hired on 5 March 2014 as a Web Designer and was reporting to Manager Y. On 10

    September 2014, this employee was transferred to Manager Z to work as an Online Campaign designer.

    The company where Employee X works is doing a compensation cycle for the current year starting 1

    October 2014. The employee record set up in the plan setting is “Employment terms,” while the Legal

    Employer of Employee X uses a two-tier model.

    On which manager's worksheet does Employee X appear? (Choose the best answer.)

    A. Manager Y, because this is the original manager of Employee X.

    B. Manager Z, because this is the current manager to whom Employee X is reporting.

    C. Both Manager Y and Manager Z, because he hasworked under both of them during the current cycle.

    D. Employee X does not appear on any manager's sheet, because he will not be evaluated by the compensation plan.

  • Question 14:

    An employee of a corporation is on a weekly payroll with an hourly rate of 20 USD. Identify the correct

    option for the frequency shown in the base rate of compensation history.

    (Choose the best answer.)

    A. hourly, because the employee has hourly pay

    B. weekly, because the employee is on a weekly payroll

    C. annually, because the history must always be shown with annual amounts

    D. the frequency of the employee's salary basis

  • Question 15:

    You are responsible for configuring an individualcompensation plan with multiple options. Which two statements are true about the plan options? (Choose two.)

    A. You can associate each option with the same payroll element and input value.

    B. You can associate each option with only one payroll element andinput value.

    C. You can associate each payroll element with only one plan and option.

    D. You can associate each payroll element with multiple plans and options.

    E. You can associate each payroll element with one option but with multiple plans.

  • Question 16:

    While creating a compensation plan, the compensation manager of your client's organization chooses to enable Compensation Change statement. As an implementation consultant, which is the dependent configuration that you would advise the compensation manager to perform? (Choose the best answer.)

    A. Enable components and create at least one component (Configure Compensation Components).

    B. Enable the Communications tab type (Configure Worksheet Page Layout).

    C. Enable components and create a component linked to the budget pool (Configure Compensation Components).

    D. Configure related components (Configure Worksheet Page Layout: Detail Table tab.)

  • Question 17:

    The manager administering compensation has the option to create budget models to be used to allocate compensation.

    Which four options regarding compensationmodeling are correct? (Choose four.)

    A. Modeling enables managers to automatically allocate compensation to employees who meet certain criteria.

    B. Managers can create their own models and use them.

    C. Managers cannot share a model created by them.

    D. Managers can use a model created by compensation professionals.

    E. Access of a model is limited only to the creator of the model.

    F. A model can be shared with the direct reports of the creator.

  • Question 18:

    How can youuse an earnings element to manage the calculation and payment of absences? (Choose the best answer.)

    A. Ensure that the input to the salary database item formula from the earnings element processes the absence element as Absence classification because payroll runs do not process elements in the Information or Absence classifications.

    B. Define a skip rule for the earnings element that triggers processing when it finds an entry for a non-absence element because payroll runs process elements in the Information or Absence classifications.

    C. Define the earnings element as nonrecurring for the absence element because payroll runs do not process nonrecurring elements in the Information or Absence classifications.

    D. Define a skip rule for the earnings element that triggers processing when it finds an entry for the absence element because payroll runs do not process elements in the Information or Absence classifications.

  • Question 19:

    Which two are element classification types? (Choose two.)

    A. Primary

    B. Secondary

    C. US-only

    D. International

    E. Global

  • Question 20:

    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. morethan one nonmonetary unit of measure

    D. Non Monetary Values

    E. Text

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