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

• Question 71:

  A compensation administrator has set up a Workforce Compensation Plan with Budget Pools. Manager Level Budgeting is enabled for the pool and default budget values have been configured for the following columns on the Configure Budget Page Layout page:

  Budget Distribution Amount or Budget Distribution Percentage columns on the Detail Table tab Budget Amount or Budget Percentage columns on the Summary Columns tab

  To distribute the budgets automatically, the compensation administrator should run __________.(Choose the best answer.)

  A. the Start Compensation Cycle process

  B. the Validate Plan Setup process

  C. the Refresh Data process

  D. the Start Compensation Cycle process. After this, the Administrator should create a model to distribute the budgets.

  Correct Answer: D

• Question 72:

  Identify the four components that can be included in a fast formula. (Choose four.)

  A. Output statement

  B. Input statement

  C. Comments

  D. Assignment statements

  E. Symbolic variables

  F. Conditions

  Correct Answer: BCDF

  Reference:http://docs.oracle.com/cd/E37583_01/doc.1116/e36894.pdf(p.19)

• Question 73:

  When upper-level managers change the plan access of one or more lower-level managers, they receive a notification informing them about the change in access. Which option do they receive to act on the notification? (Choose the best answer.)

  A. Accept

  B. Reject

  C. Dismiss

  D. Reply

  Correct Answer: D

• Question 74:

  What additional action would yourecommend to your customer for worker-administered plans to control plan availability in addition to HR actions? (Choose the best answer.)

  A. Manage Individual Contribution

  B. Manage Contributions

  C. Manage Variable Allocations

  D. Manage Worker Contributions

  E. Allocate Workforce Compensation

  Correct Answer: E

• Question 75:

  A corporation implemented Fusion Compensation and wants to validate the salaries with the setup. Select the two options that are true about validation setup. (Choose two.)

  A. Using grade rate validation, a warning message can be generated when the new or adjusted salary is outside the range of salary configured in the grade rate attached to the salary basis.

  B. Using grade rate validation, approval can be prevented when the new or adjusted salary is outside the range of salary configured in the grade rate attached to salary basis.

  C. Using either a formula at the element level or criteria at the element link level, a warning message can be generated when a new or adjusted salary does not pass the configured validation.

  D. Using either a formula at the element level or criteria at the element link level, approval can be prevented when the new or adjusted salary does not pass the configured validation.

  Correct Answer: AD

• Question 76:

  You are configuring a plan cycle date that should be visible to managers on the Approvals tab sothat 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 77:

  An administrator of a corporation must generate the compensation statements for the workers to notify them about their compensation details.

  Identify the correct role that will give the administrator access to complete the process. (Choosethe best answer.)

  A. Compensation Administrator

  B. Compensation Manager

  C. Line Manager

  D. HR Specialist

  Correct Answer: C

• Question 78:

  Ascompensation manager, you are generating a total compensation statement for a corporation. Which two options are mandatory to be used as inputs while generating the total compensation statement? (Choose two.)

  A. Statement Definition Name

  B. Statement Period

  C. Legal Employer

  D. Compensation Category

  Correct Answer: BD

• Question 79:

  What classification can you use if employees submit timecards and you want absences taken by these employees to show on the statement of earnings? (Choose the best answer.)

  A. Either Absence or Information Classification

  B. Absence Classification

  C. Standard Earnings Classification

  D. Information Classification

  E. Either Standard Earnings or Absence Classification

  F. Any classification will result in the absences showing

  Correct Answer: C

  Reference:http://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20376/F566545AN4D6 7C.htm(using the standard earnings classification)

• Question 80:

  Which two tasks are performed by compensation managers while determining budgets? (Choose two.)

  A. Manually calculatebudget amounts or automatically determine budget amounts by using a model.

  B. With administrative budgeting, enable managers to award compensation within their allocated budget amounts by automatically publishing budget amounts.

  C. Determine budget amountsoffline by downloading budget details to a spreadsheet.

  D. Publish budgets to line managers to distribute budgets down the reporting hierarchy or to allocate budget amounts at the employee level.

  Correct Answer: BD