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

• Question 141:

  A worker complains to the Human Resources department that the total amount does not add up to the amount of salary received in the bank. The department informs the worker that certain items that are shown in the Compensation Statement do not comprise the actual amount paid. The department now wants to make the statement more relevant to workers to avoid such situations. What should you do to accommodate this requirement? (Choose the best answer.)

  A. For each item, specify the Excluded from Gross amount option to indicate that this compensation is not the actual amount paid.

  B. For each item, specify the Estimated amount option to indicate that this compensation is not the actual amount paid.

  C. For each item, specify the Unpaid amount option to indicate that tis compensation is not the actual amount paid.

  D. For each item, specify the Indicative amount option to indicate that this compensation is not the actual amount paid.

  Correct Answer: B

• Question 142:

  A corporation needs to set up a compensation plan for a vehicle allowance that will allow different amounts

  for different types and models of vehicles.

  How can you achieve the desired results? (Choose the best answer.)

  A. Configure one compensation plan and add as many options as three are allowed for vehicle types and models. Define eligibility and associate the same payroll element to all the options such that an employee can use only one option.

  B. Configure as many compensation plans as there are allowed types and models of vehicles, because options cannot have eligibility profiles associated, and use different payroll elements for each of them.

  C. Configure one compensation plan, add as many options as there are allowed for different types and models. Define eligibility and associate the different payroll elements to all the options such that any payroll element can be associated with only one plan and option.

  D. Configure as many compensation plans as there are different types and models, because options cannot have associated eligibility profiles, and use the same payroll element for all of them.

  Correct Answer: C

• Question 143:

  Plan access restrictions control the situations in which an individual compensation plan is available for allocations or contributions by a line manager or worker, and regulate a user's ability to create, update, or discontinue allocations or contributions under the plan. What are three common decisions to make about plan access? (Choose three.)

  A. If user access should be based on career levels or earnings thresholds

  B. If the plan is going to require updates that are driven by business users in the time frame of the next payroll cycle

  C. if there should be a "white list" name criteria for access to the plan

  D. if plan access should be related to HR actions

  E. if there should be a time period in which a user can create, update, or discontinue allocations or contributions

  F. whether or not to restrict access to the plan at all

  Correct Answer: DEF

  Reference: http://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20376/F642623AN4283B.htm

• Question 144:

  If you enable Performance Ratings and rate workers within Workforce Compensation, which two statements are true? (Choose two.)

  A. Managers can rate workers as they allocate compensation.

  B. These ratings are used across compensation plan and cycles.

  C. The ratings are transferred to the Performance Management system or to HR.

  D. You can display compensation ratings given in the previous plan cycle as a column in the worksheet.

  Correct Answer: AD

• Question 145:

  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 salary section is the most recent pay rate.

  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 previous years is the pay rate on 31 December of each year.

  Correct Answer: ACD

• Question 146:

  A corporation has implemented Oracle Fusion Workforce Compensation. The requirement is that Bonus Amount should be given only to the Full-Time Assignment category employees who work on weekly payroll. Additionally, the costing information must be transferred to General Ledger. Which implementation approach is correct for creating the required element? (Choose the best answer.)

  A. creating an input value and setting up costing information at the input value level

  B. creating status processing rules and setting up costing information at the status processing level

  C. creating an element eligibility link and setting up costing information at the link level

  D. creating an auto-indirect rule and setting up costing information at the auto-indirect level

  Correct Answer: C

  Reference: https://docs.oracle.com/cd/E18727_01/doc.121/e13559/T8916T8918.htm

• Question 147:

  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. currency conversion date

  C. default date due

  D. evaluation period start and end dates

  E. worksheet update start and end dates

  Correct Answer: C

• Question 148:

  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. All Employees will be able to start the contribution anytime, update never, but discontinue during the period defined.

  B. 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.

  C. 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.

  D. The contribution will be automatically added to all the employees in the payroll and HR can discontinue allocations on a request basis.

  Correct Answer: A

• Question 149:

  The Budget Pool Storage Method selected is "Amount." One of the line managers in the organization has

  twenty employees reporting to him. One of the employees leaves the organization during the

  compensation cycle.

  What will be the effect on the budget allocated to the Line Manager? (Choose the best answer.)

  A. The published budgets change when a manager's total eligible salary changes, such as when workers are reassigned.

  B. The published amounts stay with the manager when workers are reassigned or their eligibility changes.

  C. The published budgets change when a manager's total eligible salary changes, such as when workers eligibility changes.

  D. The published budgets is always a percentage of the total budget pool.

  Correct Answer: B

• Question 150:

  When compiling Fast Formula, you receive the error message "Database item PER_ASG_ATTRIBUTE3 must have a DEFAULT statement because it was specified that null or not found is allowed." What is the cause of the error? (Choose the best answer.)

  A. misuse of context

  B. uninitialized variable

  C. incorrect operator usage

  D. syntax error

  Correct Answer: C