2021 Pass4guide Oracle 1z0-1049-20 Dumps and Exam Test Engine
Oracle 1z0-1049-20 DUMPS WITH REAL EXAM QUESTIONS
Oracle 1z0-1049-20 Exam Syllabus Topics:
| Topic | Details |
|---|---|
| Topic 2 |
|
| Topic 3 |
|
| Topic 4 |
|
| Topic 5 |
|
| Topic 6 |
|
| Topic 7 |
|
| Topic 8 |
|
| Topic 9 |
|
| Topic 10 |
|
| Topic 11 |
|
| Topic 12 |
|
| Topic 13 |
|
| Topic 14 |
|
| Topic 15 |
|
NEW QUESTION 56
Your customer awards three types of bonuses to its workers: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. All three bonuses are awarded by using element entries.
How would you configure the Compensation Statement? (Choose the best answer.)
- A. Create one Compensation Item as Bonus and specify the source type as Element Entry. Associate the three elements with the Compensation Item.
- B. Create three Compensation Items: Joining Bonus, Ad-hoc bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective elements with the respective Items.
- C. Create three Compensation Categories: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective Elements with the respective Categories.
- D. Create one Compensation Category as Bonus and specify the source type as Element Entry. Associate the three elements with the Compensation Category.
Answer: B
NEW QUESTION 57
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 "Statement Definition."
- C. Edit the "Do not display Welcome message" option in "Compensation Category."
- D. Edit the "Do not display Welcome message" option in "Compensation Item."
Answer: B
NEW QUESTION 58
What happens when you define Workforce Compensation Plan components but the employees to whom the compensation change is being administered does not have any component in his or her salary? (Choose the best answer.)
- A. The last component is automatically mapped to the salary and the amount associated with this component is posted as a salary adjustment to the employee record.
- B. The sum of all components identified to be posted as salary is posted as a single salary adjustment amount to the employee's salary record.
- C. The component adjustment is not posted as a salary adjustment to the employee's record. While designing the compensation plan, it has to be kept in mind that the plan components must have a direct mapping with the employee's salary components.
- D. The first component is automatically mapped to the salary and the amount associated with this component is posted as a salary adjustment to the employee record.
Answer: A
NEW QUESTION 59
A corporation needs to set up a compensation plan for a Housing allowance that will allow the company to grant these allowances to only employees above a particular role.
Identify the option that indicates the correct way of implementing it. (Choose the best answer.)
- A. Set up access restrictions to the individual compensation plan using the correct HR action so that it can be added only to the specific roles.
- B. They payroll administrator must add the element to the employees in the specified roles, because this cannot be achieved through configuration.
- C. Set up role-based security to the individual compensation work area so that only managers are allowed.
- D. Set up a salary basis and restrict the eligibility to the required roles.
Answer: B
NEW QUESTION 60
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 configure display of zero values.
- B. You cannot exclude a category from the statement summary at the category setup level.
- C. You can hide table columns.
- D. You cannot hide regions for graphs or descriptions at the statement definition setup level.
- E. You can hide or show the estimated amount indicator at the category setup level.
- F. You cannot include and hide the welcome message at the statement definition setup level.
Answer: A,D,E
NEW QUESTION 61
Your client's organization is a multi-country organization with headquarters in the US. All employees are covered under one global compensation plan. However, the managers in each country want to administer compensation in their country's respective currency. How would you enable this feature? (Choose the best answer.)
- A. Set the preferred currency in the worksheet.
- B. Display the corporate currency.
- C. Use fast formula to display the employee currency using conversion rates.
- D. Enable Currency Switching.
Answer: D
NEW QUESTION 62
Identify the four correct options about the summary tables in the compensation history. (Choose four.)
- A. 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.
- B. The Salary summary table gives detailed information about salary history, percentage change, compa-ratio, and growth rate.
- C. The summary table of other compensation gives detailed information about effective date, amount, currency, and grand total information about all awards.
- D. The Stock summary table gives detailed information about grant date and price, granted, vested, and unvested shares, and the estimated value of unvested shares.
- E. The summary table of payroll elements gives detailed information about element, input value, actual value and the grand total for the year.
Answer: A,B,D,E
NEW QUESTION 63
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 previous years is the pay rate on 31 December of each year.
- B. The base rate shown in the salary section is the average of the pay 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 salary section is the most recent pay rate.
Answer: A,C,D
NEW QUESTION 64
As an implementation consultant, you have created compensation items for the total compensation statement but have not attached them to compensation categories.
In this situation, which statement is correct? (Choose the best answer.)
- A. You can add items to statement definitions directly.
- B. To include items in statements you must add items to a compensation category.
- C. You cannot add items to statement definitions directly, and you cannot add items to a compensation category.
- D. You can add items to statement definitions directly, and to include items in statements you must add items to a compensation category.
Answer: B
NEW QUESTION 65
The compensation administrator wants to run Purge Workforce Compensation Data for one of the past compensation plans because the transaction data from that period is not required anymore. However, the compensation administrator does not get the option to include the said plan. What is the reason for this?
(Choose the best answer.)
- A. Purge Workforce Compensation Data can be run only for compensation plans that are valid for the future.
- B. Purge Workforce Compensation Data can be run only after Back Out Workforce Compensation Data is run with the "Full Back Out" option.
- C. Purge Workforce Compensation Data can be run only for compensation plans with Inactive status.
- D. Purge Workforce Compensation Data cannot be run because the Transfer Workforce Compensation Data to HR process has already been run and compensation data transferred to HR.
Answer: B
NEW QUESTION 66
What additional action would you recommend to your customer for worker-administered plans to control plan availability in addition to HR actions? (Choose the best answer.)
- A. Manage Contributions
- B. Allocate Workforce Compensation
- C. Manage Individual Contribution
- D. Manage Worker Contributions
- E. Manage Variable Allocations
Answer: B
NEW QUESTION 67
A compensation administrator has set up a Workforce Compensation Plan with Budget Pools. Manager Level Budgeting is enabled for the pool and default budget values have been configured for the following columns on the Configure Budget Page Layout page:
* Budget Distribution Amount or Budget Distribution Percentage columns on the Detail Table tab
* Budget Amount or Budget Percentage columns on the Summary Columns tab To distribute the budgets automatically, the compensation administrator should run __________. (Choose the best answer.)
- A. the Refresh Data process
- B. the Start Compensation Cycle process
- C. the Start Compensation Cycle process. After this, the Administrator should create a model to distribute the budgets.
- D. the Validate Plan Setup process
Answer: C
NEW QUESTION 68
Your customer wants to configure a workforce compensation plan with multiple cycles. Identify two correct statements about plan cycles. (Choose two.)
- A. You can duplicate a cycle and specify the number of months to advance all dates.
- B. A plan can have multiple compensation cycles, each with unique period dates.
- C. A plan can have multiple compensation cycles, each with same period dates.
- D. Each plan that requires a different cycle must be created manually.
Answer: A,B
NEW QUESTION 69
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 70
An Organization tracks compensation that is not stored in the Benefit Balance, Element Entry, External Data, and Payroll Balance source types. Which three statements are true about configuring Compensation Items for a Compensation Statement? (Choose three.)
- A. Currency can be used as Context when implementing the source type for such Items.
- B. Manager ID can be used as Context when implementing the source type for such Items.
- C. Legislative Data Group ID can be used as Context when implementing the source type for such Items.
- D. Effective Date can be used as Context when implementing the source type for such Items.
- E. Person ID can be used as Context when implementing the source type for such Items.
Answer: A,C,D
NEW QUESTION 71
After creating a compensation plan and eligibility profiles, you are currently modeling the budget allocation.
The HR manager informs you that one employee under Supervisor 1 has been seconded to a different country on a temporary basis with no changes to his employment terms and that this employee must be removed from the budgeting exercise.
What is the correct way of achieving this? (Choose the best answer.)
- A. Modify the eligibility profile by using a formula to exclude the employee from appearing under Supervisor 1. After the compensation cycle is completed, revert the eligibility profile to its original from, if needed.
- B. Use the Include check box next to the employee's name in the Budget worksheet to exclude the employee from the cycle.
- C. Use the Edit button in the Employee's included area while creating a model to exclude the employee.
- D. Advise Supervisor 1 not to allocate any compensation for the employee. In the meanwhile, manually adjust the budget allocated to Supervisor 1 to exclude the employee's amount.
Answer: D
NEW QUESTION 72
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. Payroll Balance will require you to specify the Legislative Data Group as the Additional Data Entry.
- D. Formula will require you to specify the Legislative Data Group as the Additional Data Entry.
Answer: C,D
NEW QUESTION 73
A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up the following for all employees:
* Salary paid based on the grades of employees.
* Car allowance paid based on the department and position.
* Spot bonus paid based on a committee's decision.
Identify the correct option for the setup. (Choose the best answer.)
- A. Set up a salary basis for "Salary" and associate a grade rate matrix and the payroll element to it. Set up individual compensation plans for the car allowance and spot bonus, and restrict the access to line manager and HR specialist respectively. Additionally, add an eligibility profile to the car allowance to restrict it to specific departments and positions.
- B. Set up on individual compensation plan with all three options. Add the required payroll elements and add restriction based on eligibility profiles and plan access.
- C. Set up Salary and the spot bonus as two salary bases, because there are no eligibility restrictions. Set up the car allowance as an individual compensation plan. Add the required payroll elements and add eligibility profiles for the car allowance for specific departments and positions.
- D. Set up a salary basis for "Salary" and associate a grade rate matrix to it, and add a car allowance and spot bonus as components for the salary basis along with Salary. Attach the required payroll elements to the salary. Have salary validations to restrict access and payment for specific departments and positions.
Answer: C
NEW QUESTION 74
You are configuring a plan cycle date that should be visible to managers on the Approvals tab so that 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. evaluation period start and end dates
- C. worksheet update start and end dates
- D. default date due
- E. currency conversion date
Answer: D
NEW QUESTION 75
As an implementation consultant, you are required to define a total compensation statement. To construct the total compensation statement, you must follow a set of activities in sequence.
Select the correct sequence to construct a total compensation statement. (Choose the best answer.)
- A. Create compensation items > attach the items to compensation categories > generate the statement > specify the statement period and display options > arrange categories hierarchically in the statement definition.
- B. Create compensation items > attach the items to compensation categories > arrange categories hierarchically in the statement definition > specify the statement period and display options > generate the statement.
- C. Create compensation items > generate a statement > specify the statement period and display options > arrange categories hierarchically in the statement definition > attach items to compensation categories.
- D. Create compensation items > specify the statement period and display options > arrange categories hierarchically in the statement definition > attach items to compensation categories > generate the statement.
Answer: B
NEW QUESTION 76
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 range Values
- B. Deduction range group
- C. Deduction overrides
- D. Deduction ranges
Answer: D
NEW QUESTION 77
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 Plan access start and end dates from January 1 to December 31 of the year.
- B. 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.
- C. Configure Worksheet update period start and end dates from January 1 to December 31 of the year.
- D. 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.
Answer: D
NEW QUESTION 78
......
2021 New Pass4guide 1z0-1049-20 PDF Recently Updated Questions: https://www.pass4guide.com/1z0-1049-20-exam-guide-torrent.html