1Z0-1049-20 Online Practice Questions and Answers

The compensation plan that is implemented for your customer has a column that defaults based on a dynamic column. However, as per the customer's requirement, if the value in this column is manually updated in the worksheet by a manager, there should not be any further changes made to it automatically when the "Refresh Data" process is run. How can a compensation administrator achieve this? (Choose the best answer.)

A. by setting up the properties of the column as updatable only once

B. by deselecting the Refresh Data triggering event in the dynamic column

C. by deselecting the Start Compensation Cycle triggering event in the dynamic column

D. by deselecting the Change Worksheet Data triggering event in the dynamic column

A manager publishes budgets as amounts to the managers reporting to him. The following table shows the allocations made to each direct report (managers) and the total salaries of the employees in their chain.

Now, one of Manager 2's employees with eligible salary of $ 100,000 is reassigned to Manager 3. What will be the impact on Budget Percentage? (Choose the best answer.)

A. No impact. The budget allocated to the employee will automatically be allocated to Manager 3. Budget percentage will remain as 10.

B. Allocated budget will not change. Budget percentage of Manager 2 will increase to 12.5% and Manager 3 will decrease to 8%.

C. Allocated budget will not change. Budget percentage of Manager 3 will increase to 12.5% and Manager 2 will decrease to 8%.

D. Budget allocated for the employee will be released back to the manager for reallocation. Budget percentage will remain unchanged.

Your customer'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 Worksheet Update 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.

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

While configuring Workforce Compensation Plan, you specify Performance Rating date in Plan Cycle as

the same in multiple plans.

What will happen when the manager updates a compensation performance rating in the worksheet of one

plan? (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 to all plans with the same Performance Rating date in Plan Cycle.

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

A corporation has implemented Oracle Fusion Workforce Compensation. A Salary basis has been created to manage employees' salaries. It has a payroll element attached. As part of the Salary changes, when the compensation manager is trying to update the Salary amounts, the same is not reflecting in the payroll elements entries of the employee. Identify the two possible causes for the issue. (Choose two.)

A. Automatic entry is checked for the payroll element used.

B. Automatic entry is checked at the element eligibility link for the payroll element used.

C. Salary basis is configured to be non-updatable.

D. No components are defined to handle these salary adjustments.

A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are

required to set up the Deductions options.

If Deduction cards are supported at multiple levels, which task in the Setup and Maintenance Work area is

used to create deduction card overrides at the Payroll Statutory Unit level? (Choose the best answer.)

A. Manage Legal Reporting Unit Deduction Records

B. Manage Legal Entity Deduction Records

C. Manage Payroll Deductions

D. Manage Personal Deductions

Which four statements are true if you enable Performance Ratings and integrate with Oracle Fusion Performance Management? (Choose four.)

A. You can display overall and calculated performance ratings given in the Performance Management system and provide access to the full performance document from within the worksheet.

B. You select the performance template or document name and the period to make available, and whether to display only completed ratings or ratings in any status.

C. You have the option to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.

D. You need to refresh the HR data for ratings updated in Performance Management so they are updated in the worksheet.

E. You can also display the Performance Rating History column in the worksheet to see historical ratings given in the Performance Management system.

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. Access to 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 to the list of roles in "Plan access from Compensation work area."

Your customer awards three types of bonuses to its workers: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. All three bonuses are awarded by using element entries. How would you configure the Compensation Statement? (Choose the best answer.)

A. Create one Compensation Item as Bonus and specify the source type as Element Entry. Associate the three elements with the Compensation Item.

B. Create three Compensation Items: Joining Bonus, Ad-hoc bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective elements with the respective Items.

C. Create one Compensation Category as Bonus and specify the source type as Element Entry. Associate the three elements with the Compensation Category.

D. Create three Compensation Categories: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective Elements with the respective Categories.