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

• Question 61:

  You can use predefinedalerts to notify managers about issues on the worksheet that need their attention.

  Which four predefined alerts are available? (Choose four.)

  A. Salary changed in HR

  B. Allocation outside target range

  C. Grade changed in HR

  D. Job changed in HR

  E. Workerwas terminated

  F. Worker is on long-term leave

  Correct Answer: ABCE

  Reference:https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387136AN11E5B.ht m (predefinedalerts)

• Question 62:

  Yourcustomer's Workforce Compensation Plan for Annual Salary Review is set up with the following dates in the Plan Cycle:

  Evaluation Period Start Date: 1-Jan-2014 Evaluation Period End Date: 31-Dec-2014 Worksheet Update Period Start Date: 1-Jan-2014 WorksheetUpdate Period End Date: 31-Dec-2014 HR Data Extraction: 31-Dec-2014 Eligibility Determination Date: 31-Dec-2014

  There is a worker with a termination date of 30-Oct-2014. When the Transfer Data to HR process is run, it fails for this worker. What should you do to successfully add the lump sum award element entries and salary adjustments? (Choose the best answer.)

  A. The worker termination date should be changed to reflect the same date as the HR Data Extraction date.

  B. The salary adjustment or lumpsum effective date must be later that the worker's payroll last standard process date.

  C. The salary adjustment or lumpsum effective date must be earlier than or equal to the worker's termination date.

  D. The salary adjustment or lumpsum must be manually calculated and added for such workers.

  E. Terminated workers should be excluded from being processed in Workforce Compensation plans.

  Correct Answer: C

• Question 63:

  Identify four correct history categories when setting up compensation history. (Choose four.)

  A. Salary

  B. Other Compensation

  C. Stock

  D. Non-Recruiting Payments

  E. Recruiting Payments

  F. Payroll Elements

  Correct Answer: BCDE

  The Compensation History summary table displays four categories of compensation: Base Pay, Other Compensation (one-time payments), Stock, and Recurring Payments. Compensation history automatically displays base pay and stock grants. You must add additional recurring nonbase pay and one-time compensation to history.

• Question 64:

  Identify the two valid formula types applicable for Workforce Compensation Plans. (Choose two.)

  A. Compensation Currency Selection

  B. Compensation Organization Selection

  C. Compensation Item Selection

  D. Compensation Person Selection

  E. Compensation amounts Selection

  Correct Answer: CE

• Question 65:

  After creating a compensation plan and eligibility profiles, you are currently modeling the budget allocation. The HR manager informs you that one employee under Supervisor 1 has been seconded to a different country on a temporary basis with no changes to his employment terms and that this employee must be removed from the budgeting exercise. What is the correct way of achieving this? (Choose the best answer.)

  A. Use the Edit button in the Employee's included area while creating a model to exclude the employee.

  B. Modify the eligibility profile by using a formula to exclude the employee from appearing under Supervisor 1. After the compensation cycle is completed, revert the eligibility profile to its original from, if needed.

  C. Advise Supervisor 1 not to allocate any compensation for the employee. In the meanwhile, manually adjust the budget allocated to Supervisor 1 to exclude the employee's amount.

  D. Use the Include check box next to the employee's name in the Budget worksheet to exclude the employee from the cycle.

  Correct Answer: C

• Question 66:

  You are configuring approvals under the Worksheets task list for an annual workforce compensation plan. Your customer wants the worksheets to be approved by different people other than the hierarchy determined for the plan.

  How should you accomplish this? (Choose the best answer.)

  A. Create an alternate manager approval hierarchy that overrides the plan hierarchy.

  B. Create an alternate manager approval hierarchy and replace the plan hierarchy with the created alternate hierarchy.

  C. Have the customer change the business process because you cannot have different approval hierarchies for the plan and the worksheet.

  D. Create an alternate position approval hierarchy that overrides the plan hierarchy.

  Correct Answer: D

• Question 67:

  Per your client's policy on eligibility for a compensation revision cycle, employees who are in a notice period are not eligible. A particular manager is currently in a notice period, but his direct reports are still eligible for the compensation cycle. You observe that the system allows that manager to administer compensation for his direct reports. You research this and find out that manager is still allowed to carry out the compensation allocation because his Eligibility Status is _________. (Choose the best answer.)

  A. Eligible

  B. Ineligible

  C. Restricted

  D. Limited

  E. Provisional

  Correct Answer: C

• Question 68:

  As compensation administrator, you are required to show "Actual amounts paid to the worker" in the Total Compensation Statement. To meet this requirement, which component must be created? (Choose the best answer.)

  A. Compensation Item

  B. Compensation Category

  C. Compensation Source

  D. Compensation Statement Definition

  Correct Answer: C

• Question 69:

  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 specificemployee 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 70:

  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