1Z0-1049-20 Online Practice Questions and Answers

While you are setting up Stock Details, you notice that the details you entered are different from the ones

showing up in system.

What could have been the possible reasons for this? (Choose the best answer.)

A. You may have forgotten to save the changes made.

B. Another administrator might have accessed these settings after you have saved it.

C. Network connectivity issue may have hindered your data being sent to the server.

D. You do not have the privileges to change Stock Details.

Identify the four components that can be included in a fast formul

A. (Choose four.)

B. Output statement

C. Input statement

D. Comments

E. Assignment statements

F. Symbolic variables

G. Conditions

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

Which three dates are mandatory while creating plan cycles? (Choose three.)

A. Evaluation Period Start Date

B. Worksheet Update Period Start Date

C. Plan Access Start Date

D. HR Data Extraction Date

E. Performance Rating Date

F. Default Due Date

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.)

A. Manage Individual Contribution

B. Manage Contributions

C. Manage Variable Allocations

D. Manage Worker Contributions

E. Allocate Workforce Compensation

A corporation needs to set up a compensation plan for a Housing allowance that will allow the company to grant these allowances to only employees above a particular role. Identify the option that indicates the correct way of implementing it. (Choose the best answer.)

A. Set up role-based security to the individual compensation work area so that only managers are allowed.

B. Set up access restrictions to the individual compensation plan using the correct HR action so that it can be added only to the specific roles.

C. They payroll administrator must add the element to the employees in the specified roles, because this cannot be achieved through configuration.

D. Set up a salary basis and restrict the eligibility to the required roles.

Your customer wants to limit contributions to a particular individual compensation plan to workers with at least a year of service. How should you accomplish this? (Choose the best answer.)

A. Create a relevant eligibility profile and associate it with the plan.

B. Create user-defined criteria, and then create the eligibility profile and plan.

C. Create a derived factor, and then create the eligibility profile and plan.

D. Create an eligibility profile with the exclude option and associate it with the plan

E. Use a fast formula to restrict access to the plan.

While configuring the Budget page, you are setting the properties of the Job column. Which two sections are available in the properties for the Job column? (Choose two.)

A. General

B. Default Value

C. Information

D. Legal Employer

As compensation 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

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.)

A. 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.

B. 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.

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

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