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

• Question 131:

  Which three tasks are part of Plan Foundation Configuration Options? (Choose three.)

  A. Components

  B. Plan Currency

  C. Plan Access

  D. Alerts

  E. Feedback Survey

  Correct Answer: ABC

  Reference: http://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20376/F606893AN43594.htm (plan foundation)

• Question 132:

  What happens if you include ineligible workers on the worksheet? (Choose the best answer.)

  A. It displays ineligible workers but managers can allocate compensation, promote workers, and rate worker performance.

  B. It displays ineligible workers but managers cannot allocate compensation, promote workers, or rate worker performance.

  C. It does not display ineligible workers and managers cannot allocate compensation, promote workers, or rate worker performance.

  D. It does not display ineligible workers but managers can allocate compensation, promote workers, or rate worker performance.

  Correct Answer: B

• Question 133:

  Your customer's compensation manager needs to know, what are the four valid statuses of the compensation worksheet? (Choose four.)

  A. Budget Available

  B. Started

  C. Submitted

  D. Partially approved

  E. Unprocessed

  F. Fully Approved

  G. Processed

  H. Closed

  Correct Answer: ACFG

  Reference: https://docs.oracle.com/cloud/farel8/globalcs_gs/FACMC/F1098201AN10E27.htm#F1097486AN110 1C

• Question 134:

  You create a compensation plan and attach a Compensation Performance rating model to it. While the manager is allocating compensation, he specifies a rating for each of the employees under him. Where will the rating specified by the manager be available? (Choose the best answer.)

  A. Only within the current compensation plan and all cycles associated with it

  B. Only within the current compensation plan and the current cycle

  C. To the current compensation plan and the Performance Management system

  D. To the current compensation plan and HR system

  Correct Answer: A

• Question 135:

  A corporation implemented Fusion Compensation and wants to validate the salaries with the setup. Select the two options that are true about validation setup. (Choose two.)

  A. Using grade rate validation, a warning message can be generated when the new or adjusted salary is outside the range of salary configured in the grade rate attached to the salary basis.

  B. Using grade rate validation, approval can be prevented when the new or adjusted salary is outside the range of salary configured in the grade rate attached to salary basis.

  C. Using either a formula at the element level or criteria at the element link level, a warning message can be generated when a new or adjusted salary does not pass the configured validation.

  D. Using either a formula at the element level or criteria at the element link level, approval can be prevented when the new or adjusted salary does not pass the configured validation.

  Correct Answer: AD

• Question 136:

  Your customer wants to configure a workforce compensation plan with multiple cycles. Identify two correct statements about plan cycles. (Choose two.)

  A. A plan can have multiple compensation cycles, each with unique period dates.

  B. A plan can have multiple compensation cycles, each with same period dates.

  C. You can duplicate a cycle and specify the number of months to advance all dates.

  D. Each plan that requires a different cycle must be created manually.

  Correct Answer: AC

• Question 137:

  What is the relationship between Net Pay and Earnings? (Choose the best answer.)

  A. Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings minus all the deductions calculated for the run.

  B. Net Pay is a calculated balance that is standard earnings minus all the deductions calculated for the run.

  C. Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings for the run.

  D. Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings minus all the non-voluntary deductions calculated for the run.

  Correct Answer: A

  Reference: https://docs.oracle.com/cd/E37583_01/fusionapps.1116/e20379/F720777AN425A7.htm (remuneration)

• Question 138:

  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. Accept

  B. Reject

  C. Dismiss

  D. Reply

  Correct Answer: D

• Question 139:

  You are required to explain to your client the use of Hierarchy design in Compensation Process. Which two Compensation-related activities use Hierarchy? (Choose two.)

  A. Approval routing

  B. Allocating budgets

  C. Plan access

  D. Sending Compensation alerts

  E. Feedback survey

  Correct Answer: AB

• Question 140:

  A manager publishes budgets as amounts to the managers reporting to him. The following table shows the allocations made to each direct report (managers) and the total salaries of the employees in their chain.

  

  Now, one of Manager 2's employees with eligible salary of $ 100,000 is reassigned to Manager 3. What will be the impact on Budget Percentage? (Choose the best answer.)

  A. No impact. The budget allocated to the employee will automatically be allocated to Manager 3. Budget percentage will remain as 10.

  B. Allocated budget will not change. Budget percentage of Manager 2 will increase to 12.5% and Manager 3 will decrease to 8%.

  C. Allocated budget will not change. Budget percentage of Manager 3 will increase to 12.5% and Manager 2 will decrease to 8%.

  D. Budget allocated for the employee will be released back to the manager for reallocation. Budget percentage will remain unchanged.

  Correct Answer: B