1Z0-1049-20 Online Practice Questions and Answers

A corporation is implementing Oracle Fusion Workforce Compensation and needs to give a spot bonus for a new hire as well as give the same for special recognition for employees. Identify the correct option that will enable the organization to achieve the desired results. (Choose the best answer.)

A. Configure the spot bonus as an individual compensation plan and add "Hire" as an action. Then, after an employee is hired, this plan can be added to employees anytime.

B. Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire", this bonus can be added. Also add "Manage Individual Compensation," which will enable Managers to add it to reportees.

C. Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire," this bonus can be added. Also add "Manage Contributions," which will enable managers to add it to reportees.

D. Configure the spot bonus as an individual compensation plan and add "All" as an action so that this plan can be added to anyone at any time.

You are creating grade rates. What values are necessary for any grade rate that you create? (Choose the best answer.)

A. Minimum, Maximum, Mid Point, and Value

B. Minimum, Maximum, Mid Point, or Value

C. Minimum, Maximum, and Value

D. Minimum, Maximum, or Value

What are the two correct options with respect to budgeting when the salary has multiple components? (Choose two.)

A. Budgets can be separate for each component.

B. Budgets cannot be separate for each component.

C. Multiple components can have a single budget.

D. Multiple components cannot have a single budget.

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, Nonmonetary, Date, Text

B. Monetary, Nonmonetary, Timestamp, Text

C. Monetary, Timestamp, Boolean

D. Monetary, Nonmonetary, Date, Boolean

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 items

D. three subcategories

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 Start Compensation Cycle process

B. the Validate Plan Setup process

C. the Refresh Data process

D. the Start Compensation Cycle process. After this, the Administrator should create a model to distribute the budgets.

As a compensation manager, in which four cases would you find an employee newly added to your worksheet? (Choose four.)

A. An employee transfers into your organization.

B. An employee's data has been corrected by HR and it now satisfies the eligibility criteria.

C. An employee leaves an organization.

D. A contingent employee becomes a regular employee.

E. A loaned employee in your organization returns after assignment completion.

F. An intern in your organization gets his place confirmed as an employee.

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 can 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 cannot 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.

A corporation has implemented Oracle Fusion Workforce Compensation. A custom element was created to capture the entry value for four input values. Data load is performed by the Batch Loader, but the associated Daily Business Intelligence (DBI) is returning the entry value corresponding only to the first input value. Identify the option that will enable the DBI to return all the input variables. (Choose the best answer.)

A. Delete the existing element link and create a new element link, which will automatically create all four input values.

B. Create a new element from scratch.

C. This scenario cannot be implemented.

D. Create status processing rules for the input values.

The Compensation and Benefits policy defined for your organization limits contingent workers from getting an increment as part of the Annual Salary Review. As a result, the contingent workers are excluded in the eligibility profile and ineligible workers are not tracked as part of the Annual Salary Review Compensation Plan. A recent change to this policy enforced a minimum increment for the entire contingent worker population. Consequently, the compensation administrator ran the Refresh Data process to update the worksheets and include the contingent workforce but none of the contingent workers are included. What should the compensation administrator do to bring the contingent workers into the manager's compensation worksheet? (Choose the best answer.)

A. Rerun the Refresh Workforce Compensation Data process by selecting Refresh Option ?Reevaluate Eligibility.

B. Update the eligibility profile to include the contingent workers and rerun the Refresh Workforce Compensation Data process by selecting Refresh Option - Reevaluate Eligibility.

C. Update the eligibility profile to include the contingent workers and run the Start Workforce Compensation Cycle process.

D. Run the Start Workforce Compensation Cycle process.