Oracle Oracle Certifications 1Z0-1049-20 Questions & Answers

• Question 91:

  Which three statements are true about individual compensation plans? (Choose three.)

  A. 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.

  B. Individual compensation plans are not necessary for payment of items such as spot bonus.

  C. Individual compensation plans are necessary for payment of items such as spot bonus.

  D. Workers are individual compensation plans to manage their own contributions to charitable or savings plans.

  E. 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.

  Correct Answer: CDE

  Reference: https://docs.oracle.com/cd/E37017_01/fusionapps.1115/e20376/F668086AN4EC23.htm (individual compensation plans: explained)

• Question 92:

  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

  Correct Answer: B

  Reference: https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387366AN19E05.htm (See custom)

• Question 93:

  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.

  Correct Answer: D

• Question 94:

  As an implementation consultant, you have defined a total compensation statement. From a security

  perspective, you are required to identify a key user who will have access to view the total compensation

  statement.

  Which role is mandatory to view the compensation statement? (Choose the best answer.)

  A. Compensation Analyst

  B. Compensation Executive

  C. Compensation Specialist

  D. Compensation Manager

  Correct Answer: A

• Question 95:

  Employee X was hired on 5 March 2014 as a Web Designer and was reporting to Manager Y. On 10 September 2014, this employee was transferred to Manager Z to work as an Online Campaign designer. The company where Employee X works is doing a compensation cycle for the current year starting 1 October 2014. The employee record set up in the plan setting is "Employment terms," while the Legal Employer of Employee X uses a two-tier model. On which manager's worksheet does Employee X appear? (Choose the best answer.)

  A. Manager Y, because this is the original manager of Employee X.

  B. Manager Z, because this is the current manager to whom Employee X is reporting.

  C. Both Manager Y and Manager Z, because he has worked under both of them during the current cycle.

  D. Employee X does not appear on any manager's sheet, because he will not be evaluated by the compensation plan.

  Correct Answer: D

• Question 96:

  Your client wants you to create a single Compensation Change statement that includes compensation awarded for multiple plans. What would you, as an implementation consultant, advise your client? (Choose the best answer.)

  A. Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.

  B. Create a custom data model that can pull compensation awarded from different plans and display the data using a BI publisher layout.

  C. Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.

  D. This is possible only in the on-premises model using customization and is not possible in an Saas instance. Therefore, you would respond accordingly to the client.

  Correct Answer: C

• Question 97:

  A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are

  required to set up the Deductions options.

  If Deduction cards are supported at multiple levels, which task in the Setup and Maintenance Work area is

  used to create deduction card overrides at the Payroll Statutory Unit level? (Choose the best answer.)

  A. Manage Legal Reporting Unit Deduction Records

  B. Manage Legal Entity Deduction Records

  C. Manage Payroll Deductions

  D. Manage Personal Deductions

  Correct Answer: A

  Use the Manage Personal Deductions task in the Payroll Calculations or Payroll Administration work area to create deduction card overrides at the payroll relationship level. If overrides are allowed, the Overrides Allowed on Deduction Cards tab appears in the Component Details section of the Manage Deduction Cards page when you select a deduction component. Click Create to define an override. The override value you enter varies based on the type of override item defined in the deduction range, as described in the previous section. For example, you may enter a rate to be used in the deduction calculation or an amount to be added to the calculated amount. If your localization supports deduction cards at multiple levels, use the Manage Legal Entity Deduction Records task in the Setup and Maintenance work area to create deduction card overrides at the payroll statutory unit level. Use the Manage Legal Reporting Unit Deduction Records task in the Setup and Maintenance work area to create deduction card overrides at the tax reporting unit level.

• Question 98:

  Identify the three choices available when configuring approvals. (Choose three.)

  A. Approval mode

  B. Submit mode

  C. Alternate approver hierarchy

  D. Auto Approval

  Correct Answer: ABC

  Reference: http://www.oracle.com/technetwork/fusion-apps/compensationmanagement-e22776- 021514585.pdf (p.45)

• Question 99:

  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. A new Grade rate can be created and the Salary basis can be modified to include it.

  C. No new Grade rate can be created.

  D. 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.

  Correct Answer: D

• Question 100:

  Which four tasks are part of Worksheet Configuration Options? (Choose four.)

  A. Models

  B. Components

  C. Performance ratings

  D. Compensation change statements

  E. Alerts

  F. Plan cycles

  Correct Answer: BCDE

  Reference: https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387136AN11E5B.htm (see Worksheet)