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Oracle 1z0-1049-20 Exam Syllabus Topics:
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NEW QUESTION 65
When a manager clicks the "Prepare in workbook" option, while processing compensation changes, what population would she or he see in the exported Excel spreadsheet? (Choose the best answer.)
- A. Worksheet population
- B. Budget sheet population
- C. Entire organization's population under that manager
- D. The filtered population
- E. Direct Reports
Answer: A
NEW QUESTION 66
While implementing, 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.)
- A. Category Detail
- B. Statement definitions
- C. Contribution Type and Unit of Measure
- D. Level of detail
- E. Compensation Items
- F. Category Type
Answer: C,D,F
Explanation:
Explanation
Group related compensation together into compensation categories for display in total compensation statements. When planning 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
NEW QUESTION 67
While configuring the Budget page, which five tabs are available in Page Layout? (Choose five.)
- A. Actions
- B. Worker List
- C. Comments
- D. Summary
- E. Detail table
- F. Budgeting
- G. Information
Answer: A,B,D,E,F
NEW QUESTION 68
Which two tasks are true about components in worksheet configurations? (Choose two.)
- A. You can create up to five components to represent the different types of compensation that you want to award within a plan.
- B. Each component has to be of a separate type, such as salary or bonus.
- C. There is the flexibility to add any number of components within a compensation plan.
- D. Plans must have at least one component if awarding compensation.
Answer: A,D
NEW QUESTION 69
Your client has set up an individual compensation plan for a contribution towards a retirement benefit. This contribution must be approved by the three-level manager hierarchy. While setting up the approval hierarchy, the compensation administrator wanted to set up notifications for any errors occurring during the workflow.
Identify the three allowed options needed to set up notifications accordingly. (Choose three.)
- A. Duty roles
- B. Individual users
- C. Groups
- D. Application roles
Answer: A,C,D
NEW QUESTION 70
What is the maximum number and kind of items that you can add when defining a custom category? (Choose the best answer.)
- A. three custom columns
- B. five custom columns
- C. three subcategories
- D. three items
Answer: B
NEW QUESTION 71
You create a compensation plan 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.)
- A. To the current compensation plan and HR system
- B. Only within the current compensation plan and the current cycle
- C. Only within the current compensation plan and all cycles associated with it
- D. To the current compensation plan and the Performance Management system
Answer: C
NEW QUESTION 72
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, Timestamp, Boolean
- B. Monetary, Nonmonetary, Date, Text
- C. Monetary, Nonmonetary, Timestamp, Text
- D. Monetary, Nonmonetary, Date, Boolean
Answer: C
NEW QUESTION 73
Performance ratings are enabled in the compensation plan. Which three statements are correct regarding performance ratings? (Choose three.)
- A. You can allow managers to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.
- B. If you use performance ratings while allocating compensation, you can display the latest ratings to the managers during the compensation cycle.
- C. You cannot make completed performance document and corresponding ratings from Oracle Fusion Performance Management available to managers in the compensation worksheet.
- D. You can allow managers to enter performance ratings during the compensation cycle to be used only in the compensation plan.
Answer: A,B,D
NEW QUESTION 74
Your customer's company spans multiple countries. It follows a global salary increase process in the month of May and awards bonuses twice a year in the month of June and December for workers who are employed in various countries. As an implementation consultant, you must define Statement Periods for the Compensation Statement. Which three options will you consider? (Choose three.)
- A. an optional welcome message
- B. the date when bonus is awarded to workers
- C. the conversion rate date for currency conversions
- D. the date when merit increases are awarded to workers
- E. the date that statements become available to workers
Answer: A,B,E
NEW QUESTION 75
A corporation implemented Oracle Fusion Workforce Compensation. A Salary Basis has been created and attached to the workers and a Compensation cycle has been run. The corporation now wants to use a different Grade rate for the salary basis.
Which option is true? (Choose the best answer.)
- A. After the salary basis is associated with any worker, you cannot delete it or modify any characteristic.
Therefore, a new Salary Basis must be created with a new Grade rate. - B. The salary of an employee is based on the grade to which the employee is assigned. Therefore, nothing has to be changed at the salary basis level once it has been created. Employee data must be modified to reflect the new grade.
- C. A new Grade rate can be created and the Salary basis can be modified to include it.
- D. No new Grade rate can be created.
Answer: B
NEW QUESTION 76
As an implementation consultant, you are defining entry values for an element in the Fusion application.
Which statement is true about selecting the rules for the element's entry value? (Choose the best answer.)
- A. An element with the Automatic Entry option selected can allow multiple entries in the same period, and an element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
- B. An element with the Automatic Entry option selected cannot allow multiple entries in the same period.
- C. An element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
- D. An element with the Automatic Entry option selected can allow multiple entries in the same period.
Answer: B
NEW QUESTION 77
Your customer wants to limit contributions to a particular individual compensation plan to workers with at least a year of service. How should you accomplish this? (Choose the best answer.)
- A. Create user-defined criteria, and then create the eligibility profile and plan.
- B. Use a fast formula to restrict access to the plan.
- C. Create an eligibility profile with the exclude option and associate it with the plan
- D. Create a derived factor, and then create the eligibility profile and plan.
- E. Create a relevant eligibility profile and associate it with the plan.
Answer: E
NEW QUESTION 78
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. Allocated budget will not change. Budget percentage of Manager 2 will increase to 12.5% and Manager
3 will decrease to 8%. - B. Allocated budget will not change. Budget percentage of Manager 3 will increase to 12.5% and Manager
2 will decrease to 8%. - C. Budget allocated for the employee will be released back to the manager for reallocation. Budget percentage will remain unchanged.
- D. No impact. The budget allocated to the employee will automatically be allocated to Manager 3. Budget percentage will remain as 10.
Answer: A
NEW QUESTION 79
Which three statements are true about individual compensation plans? (Choose three.)
- A. Individual compensation plans are not necessary for payment of items such as spot bonus.
- B. Individual compensation plans are necessary for payment of items such as spot bonus.
- C. A user's ability to access or make updates to awards in individual compensation plans may be restricted by the user's association to a Legislative Data Group.
- D. Individual compensation plans define compensation that managers can award to individual workers outside of the regular compensation cycle, such as spot bonus or education reimbursement.
- E. Workers are individual compensation plans to manage their own contributions to charitable or savings plans.
Answer: B,D,E
NEW QUESTION 80
A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up compensation history.
Identify the three correct options regarding the various compensations shown in the history. (Choose three.)
- A. The summary in the compensation history shows the data for only five years.
- B. Compensation history shows one-time payments in other compensation and allowances paid regularly in recruiting payments.
- C. Compensation history automatically retrieves salary and stock-related information. The Recruiting payments and other categories have to be added manually.
- D. Compensation history displays six categories of compensation.
Answer: A,B,C
NEW QUESTION 81
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