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1Z0-1049-22 Online Practice Questions and Answers

Questions 4

What happens if eligibility requirements are different for components than theyare for a plan? (Choose the best answer.)

A. Component-level eligibility is ignored and a warning is reported.

B. Plan-level eligibility is evaluated before component-level eligibility.

C. Component-level eligibility is evaluated before plan-level eligibility.

D. This is not possible. Component-level eligibility is always identical to plan-level eligibility.

E. Plan-level eligibility is ignored and a warning is reported.

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Questions 5

As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items? (Choose two.)

A. Compensation items are the foundation upon which the Compensation Statement is built.

B. Compensation items cannot be used across statement definitions.

C. Compensationitems need not be mapped to the specific source from which the compensation information is retrieved.

D. Compensation items can be added to statement definitions directly.

E. Compensation items are added to a compensation category to include them in statements.

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Questions 6

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

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Questions 7

Your client wants to offer a spot incentive bonus to hourly employees who worked 100 percent of their scheduled shift hours in a three-month period. What type of eligibility profile can you use in this case? (Choose the best answer.)

A. Employment-criteria-based eligibility profile

B. User-defined-criteria-based eligibility profile

C. Derived-factor-based eligibility profile

D. Fast-formula-based eligibility profile

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Questions 8

A corporation implemented Oracle Fusion Core HR on a three-tier model with Multiple Employment Terms with Multiple Assignments as the employment model. An employee of the corporation has multiple assignments and multiple employment terms on different payroll frequencies.

What kind of salary basis must be associated with the employee? (Choose the best answer.)

A. A different salary basis associated with each assignment or employment term.

B. One salary basis for all assignments and employment terms

C. One salary basis for each assignment and one of them can be used for the employment terms

D. One salary basis for each employment terms and one of them can be used for assignment

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Questions 9

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 compensationwork 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.

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Questions 10

Identify three event-driven configurations that can be changed for the delivered variable allocation approval tasks as per business requirements. (Choose three.)

A. Assignment and Routing Policies

B. Escalation and Expiration Policies

C. Approval and Rejection Policies

D. Notification Settings

E. Data Driven Routing

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Questions 11

A corporation started giving performance bonuses to eligible employees on a monthly basis. As a compensation administrator, you are required to display performance bonuses withsimilar or related compensation items.

How will you configure this requirement in the Fusion application? (Choose the best answer.)

A. Attach performance bonuses to similar compensation items.

B. Attach performance bonuses to similar compensation categories/subcategories.

C. Attach performance bonuses to similar elements.

D. Attach performance bonuses to similar sources.

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Questions 12

Identify the three choices available whenconfiguring approvals. (Choose three.)

A. Approval mode

B. Submit mode

C. Alternate approver hierarchy

D. Auto Approval

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Questions 13

After the compensation plan was configured, the Validate Plan Setup process was run successfully with no warnings or errors. However, when the worksheet is accessed by a Line Manager, the Line Manager notices that employees who are ineligible are also visible in the worksheet despite running the Validate Plan Setup process.

What is the reason for this?(Choose the best answer.)

A. The Validate Plan Setup process does not validate eligibility profiles.

B. The compensation administrator did not run the Validate Plan Setup process and run the Start Compensation Cycle process instead.

C. The Validate PlanSetup process failed to report errors from the eligibility profiles.

D. The Validate Plan Setup process showed a warning about errors on the eligibility profiles, which was ignored by the compensation administrator.

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Exam Code: 1Z0-1049-22
Exam Name: Oracle Compensation Cloud 2022 Implementation Professional
Last Update: May 03, 2024
Questions: 178
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