1Z0-1049-22 Online Practice Questions and Answers

A corporation has generated total compensation statements and allworkers received their total compensation statements. As a compensation executive, you realize that some corrections are needed in the generated statements.

Which corrective action will you take? (Choose the best answer.)

A. Educate the workers that corrections are not possible after the total compensation statements have been generated.

B. Ignore any corrective action.

C. Edit "Statement Definition," make the required corrections, and regenerate the total compensation statements as a newer version.

D. Start manual changes in each worker's total compensation statement.

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

A. Primary

B. Secondary

C. US-only

D. International

E. Global

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

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.

A corporation has implemented Oracle Fusion Workforce Compensation for a manufacturing client. Which is the building block used in the calculation of deductions and exemptions? (Choose the best answer.)

A. Deduction ranges

B. Deduction range group

C. Deduction range Values

D. Deduction overrides

While configuring the Budget page, you enable the "Compensation Performance Rating" column from which section? (Choose the best answer.)

A. Summary

B. Detail table

C. Worker List

D. Actions

E. Information

Which three dates are mandatory while creating plan cycles? (Choose three.)

A. Evaluation Period Start Date

B. Worksheet Update Period Start Date

C. Plan Access Start Date

D. HR Data Extraction Date

E. Performance Rating Date

F. Default Due Date

A corporation is implementing Oracle Fusion Workforce Compensation and must set up compensation history. Identify the three correct options regarding the salary component. (Choose three.)

A. The base rate shown in the salary section is the most recent pay rate.

B. The base rate shown in the salary section is the average of thepay rate for the entire year.

C. The growth rate shown in the details shows both cumulative and average annual salary growth rates.

D. The base rate shown in the previous years is the pay rate on 31 December of each year.

Your client is a consumer goods wholesaler. The client's organization has five departments. While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees in that department. In the current year, only the Electronics department has exceeded its sales target.

How would the compensation manager allocate the extra budget to the manager of the Electronics Department? (Choose the best answer.)

A. Publish the original budgets to all managers, followed by publishing the extra budget to only the manager of the Electronics department.

B. Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.

C. Initiate budgets automatically by using the Start Compensation Cycle process.

D. Request excess budget allocation from the manager above him.

Plan access restrictions control the situations in which an individual compensation plan is available for allocations or contributions by a line manager or worker, and regulate a user's ability to create, update, or discontinue allocations or contributions under the plan. What are three common decisions to make about plan access? (Choose three.)

A. If user access should be based on career levels or earnings thresholds

B. If the plan is going to require updates that are driven by business users in the time frame of the next payroll cycle

C. if there should be a "white list" name criteria for access to the plan

D. if plan access should be related to HR actions

E. if there should be a time period in which a user can create, update, or discontinue allocations or contributions

F. whether or not to restrictaccess to the plan at all