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

• Question 51:

  Identify the correct option regarding the Payroll element details in the compensation history setup. (Choose the best answer.)

  A. Any payroll element can be added and all other details are auto-populated including the history category.

  B. Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated including the history category.

  C. Any payroll element can be added and all other details are auto-populated excluding thehistory category.

  D. Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated excluding the history category.

  Correct Answer: B

• Question 52:

  As an implementation consultant, you are defining entry values for an element in the Fusion application.

  Which statement is true about selecting the rules for the element's entry value? (Choose the best answer.)

  A. An element with the Automatic Entry option selected cannot allow multiple entries in the same period.

  B. An element with the Automatic Entry option selected can allow multiple entries in the same period.

  C. An element with the Automatic Entry option notselected cannot allow multiple entries in the same period.

  D. An element with the Automatic Entry option selected can allow multiple entries in the same period, and an element with the Automatic Entry option not selected cannot allow multiple entries in the same period.

  Correct Answer: A

  Reference:https://docs.oracle.com/cloud/latest/globalcs_gs/FAIGP/FAIGP1427197.htm#FA IGP595603 (see Important)

• Question 53:

  As a compensation executive, you are required to upload stock data sent by a vendor of a corporation into the Fusion application.

  Which option is the correct method to do so? (Choose the best answer.)

  A. Manage Stock Grants >> Import Items

  B. Manage Stock Grants >> Import Category

  C. Manage Stock Grants >> Import Source

  D. Manage Stock Grants >> Prepare Import Spreadsheet

  Correct Answer: D

  Reference:https://docs.oracle.com/cd/E37017_01/fusionapps.1115/e20376/F668086AN4E C23.htm(last line of the page)

• Question 54:

  As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items? (Choose two.)

  A. Compensation items are the foundation upon which the Compensation Statement is built.

  B. Compensation items cannot be used across statement definitions.

  C. Compensationitems need not be mapped to the specific source from which the compensation information is retrieved.

  D. Compensation items can be added to statement definitions directly.

  E. Compensation items are added to a compensation category to include them in statements.

  Correct Answer: AE

  Reference:http://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20376/F566544AN493 F2.htm (compensation items andsources: explained)

• Question 55:

  A corporation implemented Oracle Fusion Workforce Compensation. A Salary Basis has been created and attached to the workers anda 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 56:

  As an implementation consultant, you are required to define the totalcompensation statement. You are creating the statement definitions for your compensation statement.

  Which three statements are true about the statement definitions? (Choose three.)

  A. The statement definition acts as a template and determines the layoutand content of the generated statement.

  B. The statement definition consists of compensation items added to compensation categories.

  C. Multiple legal employers, multiple countries, and multiple currencies cannot be included in one statement.

  D. Compensation items with sources belonging to different legal employers cannot be added.

  E. Reusing statement definitions by creating new statement periods and then modifying the definition for subsequent periods is not possible.

  F. Edits to compensation categories affect all statement definitions that use that category.

  Correct Answer: ABE

  Reference:http://docs.oracle.com/cd/E25178_01/fusionapps.1111/e20376/F566544AN4ED A9.htm

• Question 57:

  Your client has set up an individual compensation plan for a contribution towards a retirement benefit. This contribution must be approved by the three-level manager hierarchy. While setting up the approval hierarchy, the compensation administrator wanted to set up notifications for any errors occurring during the workflow.

  Identify the three allowed options needed to set up notifications accordingly. (Choose three.)

  A. Individual users

  B. Groups

  C. Application roles

  D. Duty roles

  Correct Answer: BCD

• Question 58:

  You have created a compensation plan and configured the plan details. However, when you try to run the "Start Compensation Cycle" process, you are not able to see the plan you created in the list that appears.

  Which three options could be possible reasons for this? (Choose three.)

  A. Your user role does not have access to view the plan.

  B. The compensation administrator or equivalent role is not attached to your plan.

  C. Accessto the compensation administrator role is restricted in Plan Access.

  D. Restrict Plan access is set to "NO"; however, the roles that are allowed are not specified.

  E. Restrict Plan access is set to "Yes" and the compensation administrator role is added tothe list of roles in "Plan access from Compensation work area."

  Correct Answer: ACE

  Your user role does not have access to view the plan. Check the Configure Plan Access task for the plan and verify the access for the compensation administrator role is not restricted. Also, verify that your user has the compensation administrator role or the proper security to run compensation batch processes.

• Question 59:

  An Organization tracks compensation that is not stored in the Benefit Balance, Element Entry, External Data, and Payroll Balance source types. Which three statementsare 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 forsuch 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 implementingthe source type for such Items.

  Correct Answer: ABC

• Question 60:

  You have configured acompensation plan to include ratings from the performance management system. For one particular division, the performance ratings have not been finalized and are shown as blank on the compensation worksheet. The manager updates the performance rating whileallocating compensation. What happens in this case? (Choose the best answer.)

  A. The rating will be available to only the plan where it is updated.

  B. The rating will be available to all plans that are currently active.

  C. The rating will be available inthe Performance document in the performance system.

  D. The rating will be available to only the plans where the same manager is involved.

  Correct Answer: C