[Q43-Q61] Best Quality Oracle 1z0-1049-22 Exam Questions Real4exams Realistic Practice Exams [2023]

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Best Quality Oracle 1z0-1049-22 Exam Questions Real4exams Realistic Practice Exams [2023]

Critical Information To Oracle Compensation Cloud 2022 Implementation Professional Pass the First Time

Oracle 1z0-1049-22 Exam Syllabus Topics:

Topic	Details
Topic 1	Implement compensation processes Elements, Balances, and Formulas Describe salary components
Topic 2	Configure compensation worksheets Explain Progression Grade Ladders
Topic 3	Explain compensation plan design choices Manage and administer compensation plans
Topic 4	Set up compensation categories Configure Compensation Zones Configure compensation history
Topic 5	Explain total compensation statements Validate workforce compensation plans
Topic 6	Explain individual compensation plans Generate total compensation statements
Topic 7	Configure individual compensation Configure performance ratings Earnings and Deduction Elements
Topic 8	Administer compensation plans Configure budget page layouts Manage statement definitions
Topic 9	Manage Salary Range Differentials Describe variable allocation approvals

NO.43 What happens if you include ineligible workers on the worksheet? (Choose the best answer.)

It displays ineligible workers but managers can allocate compensation, promote workers, and rate worker performance.

It displays ineligible workers but managers cannot allocate compensation, promote workers, or rate worker performance.

It does not display ineligible workers and managers cannot allocate compensation, promote workers, or rate worker performance.

It does not display ineligible workers but managers can allocate compensation, promote workers, or rate worker performance.

NO.44 The compensation administrator wants to run Purge Workforce Compensation Data for one of the past compensation plans because the transaction data from that period is not required anymore. However, the compensation administrator does not get the option to include the said plan. What is the reason for this? (Choose the best answer.)

Purge Workforce Compensation Data cannot be run because the Transfer Workforce Compensation Data to HR process has already been run and compensation data transferred to HR.

Purge Workforce Compensation Data can be run only for compensation plans with Inactive status.

Purge Workforce Compensation Data can be run only after Back Out Workforce Compensation Data is run with the “Full Back Out” option.

Purge Workforce Compensation Data can be run only for compensation plans that are valid for the future.

NO.45 A corporation implemented Oracle Fusion Workforce Compensation. A Salary Basis has been created and attached to the workers and a 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.)

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.

A new Grade rate can be created and the Salary basis can be modified to include it.

No new Grade rate can be created.

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.

NO.46 While working on the compensation changes in an Excel workbook, a manger selects the Upload option and then tries to immediately download the uploaded dat a. As a consultant, you advise him not to do so because of which reason? (Choose the best answer.)

This action causes the committed data to roll back, thereby revoking the changes processed.

This action causes the committed data to download immediately, thereby obscuring the error messages.

The data uploaded takes some time to be processed by the server and, therefore, when download is clicked immediately, it might still show the older data.

When the Upload button is clicked, the data is loaded to a staging table and an upload process is triggered. This process has to complete successfully before the new data can be downloaded.

NO.47 Your client is a consumer goods wholesaler. The client’s organization has five departments. While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees in that department. In the current year, only the Electronics department has exceeded its sales target.
How would the compensation manager allocate the extra budget to the manager of the Electronics Department? (Choose the best answer.)

Publish the original budgets to all managers, followed by publishing the extra budget to only the manager of the Electronics department.

Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.

Initiate budgets automatically by using the Start Compensation Cycle process.

Request excess budget allocation from the manager above him.

NO.48 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.)

Eligible

Ineligible

Restricted

Limited

Provisional

NO.49 You have configured a compensation 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 while allocating compensation. What happens in this case? (Choose the best answer.)

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

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

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

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

NO.50 What is the maximum number and kind of items that you can add when defining a custom category? (Choose the best answer.)

three custom columns

five custom columns

three items

three subcategories

NO.51 What additional action would you recommend to your customer for worker-administered plans to control plan availability in addition to HR actions? (Choose the best answer.)

Manage Individual Contribution

Manage Contributions

Manage Variable Allocations

Manage Worker Contributions

Allocate Workforce Compensation

NO.52 A corporation has set up an individual compensation plan for a contribution. This contribution needs an approval hierarchy to be set up.
Identify the four correct options regarding approval setup. (Choose four.)

Approvals can be set up to be completed when one of the approvers takes an action such as Approve or Reject.

The notifications sent to the approvers can be made actionable.

Expiry, Escalation, and renew settings are possible for notifications.

Reminders can be set for a fixed duration either before expiration or after assignment.

Task attachments cannot be sent using email notifications.

NO.53 Identify the list builder that is used in the delivered variable allocation task that appears to all allocations. (Choose the best answer.)

Position Hierarchy

Dynamic Approval Group

Static Approval Group

Supervisory Hierarchy

Auto Approval

NO.54 A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up the following for all employees:
Salary paid based on the grades of employees.
Car allowance paid based on the department and position.
Spot bonus paid based on a committee’s decision.
Identify the correct option for the setup. (Choose the best answer.)

Set up a salary basis for “Salary” and associate a grade rate matrix and the payroll element to it. Set up individual compensation plans for the car allowance and spot bonus, and restrict the access to line manager and HR specialist respectively. Additionally, add an eligibility profile to the car allowance to restrict it to specific departments and positions.

Set up a salary basis for “Salary” and associate a grade rate matrix to it, and add a car allowance and spot bonus as components for the salary basis along with Salary. Attach the required payroll elements to the salary. Have salary validations to restrict access and payment for specific departments and positions.

Set up on individual compensation plan with all three options. Add the required payroll elements and add restriction based on eligibility profiles and plan access.

Set up Salary and the spot bonus as two salary bases, because there are no eligibility restrictions. Set up the car allowance as an individual compensation plan. Add the required payroll elements and add eligibility profiles for the car allowance for specific departments and positions.

NO.55 Your customer is planning to configure an Individual Compensation Company Car Plan to include only the Sales department employees. The customer also wants to restrict luxury model vehicles to executive positions.
Which three statements are true about accomplishing this? (Choose three.)

Create an eligibility profile to include only the Sales department and attach it to Company Car Plan.

Create an eligibility profile to include executive positions and attach it to Company Car Plan.

Create an eligibility profile to include the Sales department and the executive positions and attach it to Company Car Plan and the Luxury models option.

Create an eligibility profile to include the executive positions and attach it to the Luxury models option.

You cannot achieve this because you cannot attach eligibility profiles with Plan and Option.

You can attach eligibility profiles with Plan, Option, or both.

NO.56 An organization provides compensation such as salary and bonus earnings for its workers. It also tracks commissions and company-paid taxes for them.
Which two statements are true when configuring the items? (Choose two.)

Benefit Balance will require you to specify the Legislative Data Group as the Additional Data Entry.

Element Entry will require you to specify the Legislative Data Group as the Additional Data Entry.

Formula will require you to specify the Legislative Data Group as the Additional Data Entry.

Payroll Balance will require you to specify the Legislative Data Group as the Additional Data Entry.

NO.57 You can use predefined alerts to notify managers about issues on the worksheet that need their attention.
Which four predefined alerts are available? (Choose four.)

Salary changed in HR

Allocation outside target range

Grade changed in HR

Job changed in HR

Worker was terminated

Worker is on long-term leave

NO.58 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.)

Line Manager

Compensation Manager

HR Specialist

Expenses Manager

NO.59 Your client wants you to create a single Compensation Change statement that includes compensation awarded for multiple plans. What would you, as an implementation consultant, advise your client? (Choose the best answer.)

Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.

Create a custom data model that can pull compensation awarded from different plans and display the data using a BI publisher layout.

Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.

This is possible only in the on-premises model using customization and is not possible in an Saas instance. Therefore, you would respond accordingly to the client.

NO.60 An employee of a corporation is on a weekly payroll with an hourly rate of 20 USD. Identify the correct option for the frequency shown in the base rate of compensation history. (Choose the best answer.)

hourly, because the employee has hourly pay

weekly, because the employee is on a weekly payroll

annually, because the history must always be shown with annual amounts

the frequency of the employee’s salary basis

NO.61 A corporation is implementing Oracle Fusion Workforce Compensation and has set up an individual compensation plan for a contribution. This contribution has to be approved by the four members in parallel.
Identify the correct option regarding parallel approvals. (Choose the best answer.)

Parallel approvals are not fully supported, but notifications can be sent to all members in parallel using the list builder resource option and configuring Application Role. However, the first person who claims the notification can approve it, and this ends the process and the other members lose control over the approval of the notification.

Parallel approvals are supported by configuring the Application role option in the Resource list builder. Only after all the approvers approve will the process end.

Parallel approvals are supported and can be configured using Static approval groups. Only after all the approvers approve will the process end.

A parallel approval option is not available and any approval configured is always sequential.