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

• Question 31:

  During thecompensation review cycle, which two actions occur when a manager is allocated a zero or null budget? (Choose two.)

  A. The manager can manually allocate some budget for his team.

  B. The manager does not have access to the plan.

  C. The manager will have read-only access.

  D. The available budget becomes negative when the manager makes allocations.

  Correct Answer: AC

  You can distribute initial budgets for one or more managers in the hierarchy. When the budget is zero or null, managers have read-only access to their budgets. A null budget contains no value. A zero budget means no amount is budgeted.

• Question 32:

  What happens if you include ineligible workers on the worksheet? (Choose the best answer.)

  A. It displays ineligible workers but managers can allocate compensation, promote workers, and rate worker performance.

  B. It displays ineligible workers but managers cannot allocate compensation, promote workers, or rate worker performance.

  C. It does not display ineligible workers and managers cannot allocate compensation, promote workers, or rate worker performance.

  D. It does not display ineligible workers but managers can allocate compensation, promote workers, or rate worker performance.

  Correct Answer: B

• Question 33:

  A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up Calculation Factors for the deduction elements setup.

  Which two statements are correct regarding the Calculation Factors? (Choose two.)

  A. Calculation Factors indicate which deduction range to use whencalculating the deduction amount.

  B. The Manage Deduction Ranges task in the Payroll Calculation work area is used to view the calculation factors defined.

  C. Calculation Factors define which classifications of earnings to consider when calculating the basis for the deduction element.

  D. The Manage Deduction Group Rates task in the Payroll Calculation work area is used to view the calculation factors defined.

  Correct Answer: AB

• Question 34:

  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

  Correct Answer: B

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

• Question 35:

  Identify the four correct options about the summary tables in the compensation history. (Choose four.)

  A. The Salary summary table gives detailed information about salary history, percentage change, comparatio, and growth rate.

  B. The Stock summary table gives detailedinformation about grant date and price, granted, vested, and unvested shares, and the estimated value of unvested shares.

  C. The summary table of other compensation gives detailed information about effective date, amount, currency, and grand total information about all awards.

  D. The summary table of recruiting payments gives detailed information about effective date, amount, currency, and grand total information for an individual award or compensation amounts.

  E. The summary table of payroll elements givesdetailed information about element, input value, actual value and the grand total for the year.

  Correct Answer: ABDE

• Question 36:

  You are required to explain to your client the use of Hierarchy design in Compensation Process. Which two Compensation-related activities use Hierarchy? (Choose two.)

  A. Approval routing

  B. Allocating budgets

  C. Plan access

  D. Sending Compensation alerts

  E. Feedback survey

  Correct Answer: AB

• Question 37:

  You have created a total compensation statement. However, you are not able to see one of the categories in the summary section on the left pane. What is the reason for this? (Choose the best answer.)

  A. The category does not have employee contribution.

  B. The category does not have employer contribution.

  C. The category has been added as a subcategory.

  D. The category does not have a graph defined in it.

  Correct Answer: C

• Question 38:

  While you are setting up Stock Details, you notice that the details you entered are different from the ones showing up in system.

  What could have been the possible reasons for this? (Choose the best answer.)

  A. You may have forgotten to save the changes made.

  B. Another administrator might have accessed these settings after you have saved it.

  C. Network connectivity issue may have hindered your data being sent to the server.

  D. You do not have the privileges to change Stock Details.

  Correct Answer: B

• Question 39:

  A corporation is implementing Oracle Fusion Workforce Compensation and has set up an individual compensation plan for a contribution. This contribution has to be approved by the four members in parallel.

  Identify the correct option regarding parallel approvals. (Choose the best answer.)

  A. Parallel approvals are not fully supported, but notifications can be sent to all members inparallel using the list builder resource option and configuring Application Role. However, the first person who claims the notification can approve it, and this ends the process and the other members lose control over the approval of the notification.

  B. Parallel approvals are supported by configuring the Application role option in the Resource list builder. Only after all the approvers approve will the process end.

  C. Parallel approvals are supported and can be configured using Static approval groups. Onlyafter all the approvers approve will the process end.

  D. A parallel approval option is not available and any approval configured is always sequential.

  Correct Answer: C

• Question 40:

  Which two statements are true about Base Pay? (Choose two.)

  A. For Base Pay earnings elements, eligibility is determined by the salary basis that is assigned to the worker.

  B. You attach elements at various levels in the Salary object hierarchy to create deductions and earnings that can be processed in a payroll run to calculate Base Pay.

  C. You attach a single earnings element to each salary basis to hold Base Pay earnings, and assign a salary basis to each worker to calculate Base Pay.

  D. You enter a salary basis for each worker that becomes the worker's Base Pay earnings.

  E. For BasePay earnings elements, eligibility is determined by the deduction basis that is assigned to the worker.

  Correct Answer: AC

  Reference:https://docs.oracle.com/cd/E60665_01/common/FAIWC/F1443670AN12C58.ht m#F595603AN1468A

  https://docs.oracle.com/cd/E37583_01/fusionapps.1116/e20379/F720777AN425A7.htm