Oracle Oracle Certifications 1Z0-1049-22 Questions & Answers

• Question 151:

  Your customer's compensation has an itemized structure. The company wants to increase the Cost of Living allowance of the employees living in the New Jersey area by 3% to compensate for the increased living costs there. Which feature of Oracle Fusion Workforce Compensation can be used to achieve this? (Choose the best answer.)

  A. Budget Pools

  B. Plan Eligibility

  C. Salary Component

  D. Action and Action Reasons

  E. Plan Access

  Correct Answer: C

• Question 152:

  A corporation started giving performance bonuses to eligible employees on a monthly basis. As a compensation administrator, you are required to display performance bonuses withsimilar or related compensation items.

  How will you configure this requirement in the Fusion application? (Choose the best answer.)

  A. Attach performance bonuses to similar compensation items.

  B. Attach performance bonuses to similar compensation categories/subcategories.

  C. Attach performance bonuses to similar elements.

  D. Attach performance bonuses to similar sources.

  Correct Answer: B

• Question 153:

  When initiating an award, what is correct regarding possible workflow tasks? (Choose the best answer.)

  A. You may use either VariableAllocationTask and VarialbeAllocationFYITask

  B. You must use VariableAllocationTask and not VariableAllocationFYITask.

  C. You must use VariableAllocationFYITask and not VariableAllocationTask.

  D. You must use VariableAllocationTask and edit the rules if using only for notification.

  Correct Answer: C

• Question 154:

  Which three statements are true about payroll deductions? (Choose three.)

  A. Wage basis rules are defined at thepersonal level and the context value for the rule is captured on the deduction card.

  B. The rates and rules that are defined on a personal deduction card cannot override the values that are defined in the deduction ranges at the legislative level.

  C. A personal deduction card contains person-specific information that is used to calculate the deduction amount.

  D. The deduction element's status processing rule drives the calculation, accessing the rates and rules that are defined for the related payroll deduction and the values that are captured on a personal deduction card.

  E. A payroll deduction comprises the rates and rules that are used to calculate the deduction amount.

  Correct Answer: ADE

  Reference:http://docs.oracle.com/cd/E36909_01/fusionapps.1111/e20379/F720777AN456 E2.htm

• Question 155:

  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, whichthree 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 156:

  As compensation manager, you are creating a Salary and Bonus earnings compensationitem 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. BenefitBalance

  C. Payroll Element

  D. Formula

  Correct Answer: A

• Question 157:

  The compensation administrator wants to run the batch process to administer the compensation cycle. Which are the four valid batch processes in terms of the compensation module? (Choose four.)

  A. Start Workforce Compensation Cycle

  B. Refresh Workforce Compensation Data

  C. Transfer Workforce Compensation Data to HR

  D. Adjust Workforce Compensation Enrollment Window

  E. Back Out Workforce Compensation Data

  F. Evaluate Workforce Compensation Participation

  Correct Answer: ABCE

  Reference:https://docs.oracle.com/cloud/latest/common/FAIWC.pdf

• Question 158:

  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 allthe 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.

  Correct Answer: B

• Question 159:

  Identify the deliveredworkflow task for variable allocation approvals that has no rules. (Choose the best answer.)

  A. VariableAllocationTask

  B. VariableApprovalTask

  C. VariableAllocationFYITask

  D. VariableApprovalFYITask

  E. VariableContributionTask

  Correct Answer: D

  None of the FYI approval workflow tasks have rules. The non-FYI workflow tasks are configured such that if the rule applies, then the notification is routed using the Supervisory list builder and response is required.

• Question 160:

  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 manyoptions 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 andmodels 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