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

• Question 51:

  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. Effective Date 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. Manager ID 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.

  Correct Answer: ABC

• Question 52:

  An administrator of a corporation needs to view a worker's salary basis, change it, view the salary history,

  and do a graphical analysis of changes made to the salary. However, the administrator is not able to do

  these things.

  Identify the three correct roles that will give the administrator access to complete the process. (Choose

  three.)

  A. Line Manager

  B. Compensation Manager

  C. HR Specialist

  D. Expenses Manager

  Correct Answer: ABC

• Question 53:

  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.

  Correct Answer: ABDE

• Question 54:

  Your customer wants to give its employees a way to donate to charity. This donation could be started anytime in the year and can be updated or stopped only during the month of September. Identify the correct set of plan restriction to achieve the desired results. (Choose the best answer.)

  A. The individual compensation plan must be set up with "NO" for plan access restriction.

  B. The individual compensation plan must be set up with the following restrictions: New Allocations: Always Update Allocations: Specific period Sep 1– Sep 30 Withdraw Allocations: Specific period Sep 1 – Sep 30

  C. The individual compensation plan must be set up with the following restrictions: Create Allocations: Always Update Allocations: Specific period Sep 1 – Sep 30 Discontinue Allocations: Specific period Sep 1 – Sep 30

  D. The individual compensation plan must be set up with the following restrictions: New Allocations: Always Update Allocations: Specific period Sep 1–Sep 30 Discontinue Allocations: Specific period Sep 1 – Sep 30

  Correct Answer: B

• Question 55:

  As compensation manager, you are creating a Salary and Bonus earnings compensation item to define a total compensation statement. Per system requirements, you must select an appropriate source type to show the correct information on the statement. Select the correct "Source Type". (Choose the best answer.)

  A. Salary Basis

  B. Benefit Balance

  C. Payroll Element

  D. Formula

  Correct Answer: A

• Question 56:

  Your customer's company spans multiple countries. It follows a global salary increase process in the month of May and awards bonuses twice a year in the month of June and December for workers who are employed in various countries. As an implementation consultant, you must define Statement Periods for the Compensation Statement. Which three options will you consider? (Choose three.)

  A. an optional welcome message

  B. the conversion rate date for currency conversions

  C. the date that statements become available to workers

  D. the date when bonus is awarded to workers

  E. the date when merit increases are awarded to workers

  Correct Answer: ACD

• Question 57:

  Which three dates are mandatory while creating plan cycles? (Choose three.)

  A. Evaluation Period Start Date

  B. Worksheet Update Period Start Date

  C. Plan Access Start Date

  D. HR Data Extraction Date

  E. Performance Rating Date

  F. Default Due Date

  Correct Answer: ABC

• Question 58:

  A corporation has implemented Oracle Fusion Workforce Compensation. The consultant must now create an element eligibility link for an Earnings element. While creating the element eligibility link, which three options can be set up in the element eligibility work area? (Choose three.)

  A. general information

  B. input values

  C. costing

  D. status processing rules

  E. retroactive components

  F. auto indirect rules

  Correct Answer: BCF

• Question 59:

  A corporation has implemented Oracle Fusion Workforce Compensation. Per business requirements, the Fusion consultant must integrate Oracle Fusion Workforce Compensation with Oracle Fusion Benefits to fetch the value of Benefits Amount as one of the input values for the Benefit element to get the eligible salary of an employee for the compensation process. Identify the option that will enable fetching of the Benefits Amount value. (Choose the best answer.)

  A. Select the "Allow User Entry" and "Create a Database Item" check boxes for the element input value.

  B. Database items are created by default for the element input values.

  C. Select "Pay Separately" as the "Special Purpose" option.

  D. Create an "Amount" input value at the element eligibility link level.

  Correct Answer: A

• Question 60:

  Which two are element classification types? (Choose two.)

  A. Primary

  B. Secondary

  C. US-only

  D. International

  E. Global

  Correct Answer: AB