[2023] New 1z0-1049-22 exam Free Sample Questions to Practice [Q97-Q121]

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[2023] New 1z0-1049-22 exam Free Sample Questions to Practice

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Oracle 1z0-1049-22 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Administer compensation plans
  • Configure budget page layouts
  • Manage statement definitions
Topic 2
  • Explain compensation plan design choices
  • Manage and administer compensation plans
Topic 3
  • Configure compensation worksheets
  • Explain Progression Grade Ladders
Topic 4
  • Set up compensation categories
  • Configure Compensation Zones
  • Configure compensation history
Topic 5
  • Explain total compensation statements
  • Validate workforce compensation plans
Topic 6
  • Manage Salary Range Differentials
  • Describe variable allocation approvals
Topic 7
  • Configure individual compensation
  • Configure performance ratings
  • Earnings and Deduction Elements
Topic 8
  • Manage compensation change statements
  • Workforce Compensation Plans and Batch Processes

 

NEW QUESTION 97
Identify three correct statements about changes in an employee's compensation when the employee's FTE value changes in employment. (Choose three.)

  • A. If the salary record end date is 31-DEC-4712 (that is, the date is "blank" in the salary UI), the FTE value is fetched as of the current system date and Annual Salary and Annual FT Salary are calculated by using that value.
  • B. If the salary record has the end date after the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.
  • C. If the salary record end date is the same as the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.
  • D. If the salary start date is after the current date (that is, it is a future-dated salary record), the FTE value is fetched as of the salary start date and Annual Salary and Annual FT Salary are calculated by using that value.
  • E. If the salary record has the end date before the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.

Answer: A

 

NEW QUESTION 98
A corporation has implemented Oracle Fusion Workforce Compensation. The consultant creates multiple elements to meet the business requirements.
Which three statements will help him to make a decision about the element classification? (Choose three.)

  • A. Secondary classifications are subsets of the primary classifications.
  • B. Elements can have multiple primary and multiple secondary classifications.
  • C. Primary classifications are provided mainly to reflect tax legislation.
  • D. Predefined secondary classifications can be removed or changed.
  • E. Predefined primary classifications cannot be removed or changed.

Answer: A,C,E

 

NEW QUESTION 99
While administering compensation, the managers in the organization want to first allocate compensation to the outstanding performers with compa-ratio less than 80 and, therefore, want to view only this population. How would you, as a consultant, help the managers to achieve this? (Choose the best answer.)

  • A. Use the sort feature in the worksheet to control this.
  • B. This cannot be done once the population is finalized and the compensation cycle is started.
  • C. Control the population by using eligibility profiles.
  • D. Use the Advanced Filter option in the worksheet to create a custom condition.

Answer: D

 

NEW QUESTION 100
A compensation manager of a corporation is setting up a new salary basis for the employees.
Which statement is true about payroll elements set up for a salary basis? (Choose the best answer.)

  • A. Recruiting elements can be linked to multiple salary bases only if they are classified as earnings elements and configured to allow multiple entries in the same period.
  • B. Multiple payroll elements can be attached a salary basis.
  • C. Recruiting elements can be linked to multiple salary bases only if they are classified as earnings elements, and they need not be configured to allow multiple entries in the same period.
  • D. Payroll elements of any classification type can be attached to a salary basis.

Answer: A

 

NEW QUESTION 101
You are responsible for configuring variable allocations to manage approvals for individual compensation plans. Your company wants to control plan availability by using defaults. What are the default attributes of the actionable Variable Allocation task? (Choose the best answer.)

  • A. The task applies to selected allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver.
  • B. The task applies to all allocations, uses two levels of the Supervisory list builder, and does not require a response from the current approver.
  • C. The task is only for notification and has no rules.
  • D. The task applies to all allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver.

Answer: A

 

NEW QUESTION 102
Which two are element classification types? (Choose two.)

  • A. US-only
  • B. Secondary
  • C. International
  • D. Primary
  • E. Global

Answer: B,D

 

NEW QUESTION 103
You are configuring a work-administered individual compensation plan where your workers can enroll in the plan anytime during the year, but can discontinue their contributions only in the month of March each year. How should you achieve this? (Choose the best answer.)

  • A. Do not select any additional actions other than Manage Contributions with access level for each action as Create: Always allowed; Update: Never allowed; Discontinuing: Allowed during a specified period.
  • B. Select specific HR actions such as transfer, promotion, and new hire for the plan with access level for each action allowed during a specific period.
  • C. Do not select any additional actions other than Manage Contributions with access level as Create: Always allowed; Update: Allowed during a specified period; Discontinuing: Never allowed.
  • D. Make the plan available for all actions in the list with access level for each action Always allowed.

Answer: A

 

NEW QUESTION 104
Which three dates are mandatory while creating plan cycles? (Choose three.)

  • A. Default Due Date
  • B. Worksheet Update Period Start Date
  • C. HR Data Extraction Date
  • D. Performance Rating Date
  • E. Evaluation Period Start Date
  • F. Plan Access Start Date

Answer: B,E,F

 

NEW QUESTION 105
Your customer wants line managers to be able to access the active workforce compensation plan during the first three months of the Plan period, but not to update it. The evaluation period start and end dates for the plan are January 1 to December 31 of the year.
How should you set this up? (Choose the best answer.)

  • A. Configure Worksheet update period start and end dates from January 1 to December 31 of the year.
  • B. Configure Plan access start and end dates from January 1 to December 31 of the year.
  • C. Configure Plan access start and end dates from January 1 to March 31 of the year and Worksheet update period start and end dates from April 1 to December 31 of the year.
  • D. Configure Worksheet update period start and end dates from January 1 to March 31 of the year and Plan access start and end dates from April 1 to December 31 of the year.

Answer: C

 

NEW QUESTION 106
Your customer must use Grade Ladders to suit the industry in which it operates. How should you define the Grade Ladders that the customer needs? (Choose the best answer.)

  • A. by using steps and rate values
  • B. by using LDG-specific Grade Min, Max, and Mid Point rate values
  • C. by associating the Grade Ladders with legal entities
  • D. by using Min, Max, and Mid Point rate values

Answer: D

 

NEW QUESTION 107
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 bulk update using Integrated Workbook? (Choose the best answer.)

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

Answer: C

 

NEW QUESTION 108
A corporation has set up an individual compensation plan for a contribution towards a retirement benefit. This contribution must be approved by the four-level manager hierarchy.
Identify all the four builders that support a restriction for the number of levels. (Choose four.)

  • A. Department Level
  • B. Job Level
  • C. Position
  • D. Supervisory
  • E. Resource
  • F. Management Chain

Answer: A,B,D,E

 

NEW QUESTION 109
As a Fusion implementation consultant, you are configuring Fusion HCM Compensation Management module for a manufacturing client. Which three statements are correct in relation to compensation statement display options? (Choose three.)

  • A. You can hide table columns.
  • B. You cannot hide regions for graphs or descriptions at the statement definition setup level.
  • C. You can hide or show the estimated amount indicator at the category setup level.
  • D. You cannot exclude a category from the statement summary at the category setup level.
  • E. You can configure display of zero values.
  • F. You cannot include and hide the welcome message at the statement definition setup level.

Answer: B,C,E

 

NEW QUESTION 110
An administrator of a corporation needs to view a worker's salary basis, change it, view the salary history, and do a graphical analysis of changes made to the salary. However, the administrator is not able to do these things.
Identify the three correct roles that will give the administrator access to complete the process. (Choose three.)

  • A. HR Specialist
  • B. Expenses Manager
  • C. Line Manager
  • D. Compensation Manager

Answer: A,C,D

 

NEW QUESTION 111
Which two statements are true about Base Pay? (Choose two.)

  • A. You enter a salary basis for each worker that becomes the worker's Base Pay earnings.
  • B. For Base Pay earnings elements, eligibility is determined by the salary basis that is assigned to the worker.
  • 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 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.
  • E. For Base Pay earnings elements, eligibility is determined by the deduction basis that is assigned to the worker.

Answer: B,C

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

 

NEW QUESTION 112
Which three statements are true regarding plan cycles? (Choose three.)

  • A. All active plans are available to be cross-referenced, even plans with no started cycles.
  • B. You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.
  • C. Active plans are available to be cross-referenced, except plans with no started cycles.
  • D. You can display a target amount or custom score from a previous plan cycle in the current plan cycle.
  • E. You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.

Answer: A,D,E

Explanation:
All active plans are available to be cross referenced, even plans with no started cycles. You can also reference a plan within itself to display values from a previous plan cycle in a subsequent cycle. For example, you can display a target amount or custom score from a previous plan cycle in the current plan cycle so that managers are aware of that data when making a current compensation decision.
You cannot select a default value for a column by cross-referencing a column from another plan if you have selected values for the Default Value, Default and Override Formula, or Compensation Derived Factor fields on the Configure Column Properties dialog box.

 

NEW QUESTION 113
A corporation has implemented Oracle Fusion Workforce Compensation. The consultant must now create an element eligibility link for an Earnings element.
While creating the element eligibility link, which three options can be set up in the element eligibility work area? (Choose three.)

  • A. status processing rules
  • B. input values
  • C. retroactive components
  • D. general information
  • E. costing
  • F. auto indirect rules

Answer: B,E,F

 

NEW QUESTION 114
An organization uses Compensation Statement for its workers in the UK. One of the categories used in the statement has the display name as One-Time Bonus. As an implementation consultant, you are in the process of configuring a new Compensation Statement for workers in Indi a. You decide to reuse the category for the new Compensation Statement. In the process of configuring the Statement Definition, you update the Compensation Category display name to Annual Bonus. However, when the Compensation Statement for workers in the UK displays, it continues to show the Category display name as One-Time Bonus.
What is the cause for this? (Choose the best answer.)

  • A. Workers in the UK need to refresh their statements in order to see the updated display name.
  • B. After the Compensation Statement is generated for workers in India, the Category display name of Annual Bonus will start reflecting in the Compensation Statement of workers in the UK.
  • C. The Compensation Category display name is specific to a Statement Definition.
  • D. The Compensation Statement Definition synchronization process needs to be run to update the Compensation Category display name in all statement definitions.

Answer: B

 

NEW QUESTION 115
A corporation has implemented Oracle Fusion Workforce Compensation and set up an individual compensation plan with the following details.
Name: Variable component
Restrict plan access: Yes
Action: Manage Contributions
Access Level: New
Allocations: Always Allow
Update Allocations: Never Allow
Discontinue Allocations: "Allowed during a specific period" with the period start and end dates configured.
Identify the correct option for the possible actions. (Choose the best answer.)

  • A. Only managers will be able to start the contribution anytime, update never, but discontinue during the period defined for any specific employee by using the manager dashboard.
  • B. All Employees will be able to start the contribution anytime, update never, but discontinue during the period defined.
  • C. The contribution will be automatically added to all the employees in the payroll and HR can discontinue allocations on a request basis.
  • D. The plan setup is always for HR to take actions and, therefore, only HR will be able to start the contribution anytime, update never, but discontinue during the period defined for any specific employee.

Answer: B

 

NEW QUESTION 116
As an implementation consultant, you are required to create an element for capturing the bonus awarded in the compensation cycle. Which two statements are correct regarding the input values of the element created? (Choose two.)

  • A. The automatically created Amount input value is identified as the primary input value.
  • B. No additional configuration is required to attach this element to the workforce compensation plan component.
  • C. You must manually mark the Amount input value as the primary input value in the Special Purpose field.
  • D. Element entries are created for all the input values of the element.
  • E. It is possible to link the same element but different input values to different components or options within the same compensation plan.

Answer: A,B

 

NEW QUESTION 117
You are an implementation consultant, and the client organization wants you to provide a solution for how not to display the welcome message in the total compensation statement.
What will your answer in this situation be? (Choose the best answer.)

  • A. Changing the welcome message is not possible.
  • B. Edit the "Do not display Welcome message" option in "Compensation Item."
  • C. Edit the "Do not display Welcome message" option in "Statement Definition."
  • D. Edit the "Do not display Welcome message" option in "Compensation Category."

Answer: C

 

NEW QUESTION 118
An organization provides compensation such as salary and bonus earnings for its workers. It also tracks commissions and company-paid taxes for them.
Which two statements are true when configuring the items? (Choose two.)

  • A. Benefit Balance will require you to specify the Legislative Data Group as the Additional Data Entry.
  • B. Element Entry will require you to specify the Legislative Data Group as the Additional Data Entry.
  • C. Formula will require you to specify the Legislative Data Group as the Additional Data Entry.
  • D. Payroll Balance will require you to specify the Legislative Data Group as the Additional Data Entry.

Answer: C,D

 

NEW QUESTION 119
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. the conversion rate date for currency conversions
  • B. the date that statements become available to workers
  • C. the date when bonus is awarded to workers
  • D. an optional welcome message
  • E. the date when merit increases are awarded to workers

Answer: B,C,D

 

NEW QUESTION 120
When upper-level managers change the plan access of one or more lower-level managers, they receive a notification informing them about the change in access. Which option do they receive to act on the notification? (Choose the best answer.)

  • A. Reply
  • B. Reject
  • C. Dismiss
  • D. Accept

Answer: A

 

NEW QUESTION 121
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