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

Oracle 1Z0-1049-22 Online Questions & Answers

• Question 51:

  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.)

  A. Annual Salary = 32280, Annualization Salary = 41600
  B. Annual Salary = 52000, Annualization Salary = 41600
  C. Annual Salary = 41600, Annualization Salary = 41600
  D. Annual Salary = 32280, Annualization Salary = 52000
  C. Annual Salary = 41600, Annualization Salary = 41600

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  Explanation/Reference:

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

• Question 52:

  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.
  C. The category has been added as a subcategory.

• Question 53:

  Identify four correct history categories when setting up compensation history. (Choose four.)

  A. Salary
  B. Other Compensation
  C. Stock
  D. Non-Recruiting Payments
  E. Recruiting Payments
  F. Payroll Elements
  B. Other Compensation
  C. Stock
  D. Non-Recruiting Payments
  E. Recruiting Payments

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  Explanation/Reference:

  The Compensation History summary table displays four categories of compensation: Base Pay, Other Compensation (one-time payments), Stock, and Recurring Payments. Compensation history automatically displays base pay and stock grants. You must add additional recurring nonbase pay and one-time compensation to history.

• Question 54:

  The compensation plan that is implemented for your customer has a column that defaults based on adynamic column. However, as per the customer's requirement, if the value in this column is manually updated in the worksheet by a manager, there should not be any further changes made to it automatically when the "Refresh Data" process is run. How can a compensation administrator achieve this? (Choose the best answer.)

  A. by setting up the properties of the column as updatable only once
  B. by deselecting the Refresh Data triggering event in the dynamic column
  C. by deselecting the Start Compensation Cycletriggering event in the dynamic column
  D. by deselecting the Change Worksheet Data triggering event in the dynamic column
  B. by deselecting the Refresh Data triggering event in the dynamic column

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  Explanation/Reference:

  Reference:http://www.oracle.com/technetwork/fusion-apps/compensationguide- 1579327.pdf

• Question 55:

  When initiating an award, what is correct regarding possible workflow tasks? (Choose the best answer.)

  A. You may use either VariableAllocationTask and VarialbeAllocationFYITask
  B. You must use VariableAllocationTask and not VariableAllocationFYITask.
  C. You must use VariableAllocationFYITask and not VariableAllocationTask.
  D. You must use VariableAllocationTask and edit the rules if using only for notification.
  C. You must use VariableAllocationFYITask and not VariableAllocationTask.

• Question 56:

  You are configuring a plan cycle date that should be visible to managers on the Approvals tab sothat they can submit their worksheets before that date. But you do not want to enforce the date because you want the managers to be able to submit their worksheets even after the date is past. Which date should you use? (Choose the best answer.)

  A. HR extraction date
  B. currency conversion date
  C. default date due
  D. evaluation period start and end dates
  E. worksheet update start and end dates
  C. default date due

• Question 57:

  A corporation implemented Fusion Compensation and must run a compensation cycle. The corporation has seven different active components in the salary basis. Salaries of all the employees must be updated in bulk mode.

  Which statement is true about the bulkupdate using Integrated Workbook? (Choose the best answer.)

  A. Integrated Workbook can be used to update all the seven components.
  B. Only the first four active components will be loaded at a time by Integrated Workbook.
  C. Only the first five active components will be loaded at a time by Integrated Workbook.
  D. Only the first six active components will be loaded at a time by Integrated Workbook.
  C. Only the first five active components will be loaded at a time by Integrated Workbook.

• Question 58:

  As an implementation consultant, you are required to define the totalcompensation statement. You are creating the statement definitions for your compensation statement. Which three statements are true about the statement definitions? (Choose three.)

  A. The statement definition acts as a template and determines the layoutand content of the generated statement.
  B. The statement definition consists of compensation items added to compensation categories.
  C. Multiple legal employers, multiple countries, and multiple currencies cannot be included in one statement.
  D. Compensation items with sources belonging to different legal employers cannot be added.
  E. Reusing statement definitions by creating new statement periods and then modifying the definition for subsequent periods is not possible.
  F. Edits to compensation categories affect all statement definitions that use that category.
  A. The statement definition acts as a template and determines the layoutand content of the generated statement.
  B. The statement definition consists of compensation items added to compensation categories.
  E. Reusing statement definitions by creating new statement periods and then modifying the definition for subsequent periods is not possible.

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  Explanation/Reference:

  Reference:http://docs.oracle.com/cd/E25178_01/fusionapps.1111/e20376/F566544AN4ED A9.htm

• Question 59:

  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.
  C. Populate Rating Categories for all rating levels.
  D. Create Target Distributions for each of the rating levels.

• Question 60:

  A corporation has implemented Oracle Fusion Workforce Compensation. Per business requirements, the Fusion consultant must integrate Oracle Fusion Workforce Compensation with Oracle Fusion Benefits to fetch the value of Benefits Amountas one of the input values for the Benefit element to get the eligible salary of an employee for the compensation process.

  Identify the option that will enable fetching of the Benefits Amount value. (Choose the best answer.)

  A. Select the "Allow User Entry" and "Create a Database Item" check boxes for the element input value.
  B. Database items are created by default for the element input values.
  C. Select "Pay Separately" as the "Special Purpose" option.
  D. Create an "Amount" input value at the element eligibility link level.
  A. Select the "Allow User Entry" and "Create a Database Item" check boxes for the element input value.