1z0-1049-20 Exam Training Practice Tests (Oracle Compensation Cloud 2020 Implementation Essentials)]

Question 1

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. One salary basis for all assignments and employment terms B. One salary basis for each employment terms and one of them can be used for assignment C. A different salary basis associated with each assignment or employment term. D. One salary basis for each assignment and one of them can be used for the employment terms

Correct Answer: B

Question 2

After creating a compensation plan and eligibility profiles, you are currently modeling the budget allocation.
The HR manager informs you that one employee under Supervisor 1 has been seconded to a different country on a temporary basis with no changes to his employment terms and that this employee must be removed from the budgeting exercise.
What is the correct way of achieving this? (Choose the best answer.)

A. Modify the eligibility profile by using a formula to exclude the employee from appearing under Supervisor 1. After the compensation cycle is completed, revert the eligibility profile to its original from, if needed. B. Use the Edit button in the Employee's included area while creating a model to exclude the employee. C. Use the Include check box next to the employee's name in the Budget worksheet to exclude the employee from the cycle. D. Advise Supervisor 1 not to allocate any compensation for the employee. In the meanwhile, manually adjust the budget allocated to Supervisor 1 to exclude the employee's amount.

Correct Answer: D

Question 3

As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for Salary, Merit Increase, and so on. Identify one set of values that Compensation Items can hold. (Choose the best answer.)

A. Monetary, Nonmonetary, Timestamp, Text B. Monetary, Nonmonetary, Date, Text C. Monetary, Nonmonetary, Date, Boolean D. Monetary, Timestamp, Boolean

Correct Answer: A

Question 4

A corporation has implemented Oracle Fusion Workforce Compensation. A custom element was created to capture the entry value for four input values. Data load is performed by the Batch Loader, but the associated Daily Business Intelligence (DBI) is returning the entry value corresponding only to the first input value.
Identify the option that will enable the DBI to return all the input variables. (Choose the best answer.)

A. This scenario cannot be implemented. B. Create status processing rules for the input values. C. Create a new element from scratch. D. Delete the existing element link and create a new element link, which will automatically create all four input values.

Correct Answer: C

Question 5

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.)

A. Expenses Manager B. HR Specialist C. Compensation Manager D. Line Manager

Correct Answer: B,C,D

Question 6

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.)

A. Restricted B. Ineligible C. Limited D. Provisional E. Eligible

Correct Answer: A

Question 7

Your client has set up an individual compensation plan for a contribution towards a retirement benefit. This contribution must be approved by the three-level manager hierarchy. While setting up the approval hierarchy, the compensation administrator wanted to set up notifications for any errors occurring during the workflow.
Identify the three allowed options needed to set up notifications accordingly. (Choose three.)

A. Groups B. Individual users C. Duty roles D. Application roles

Correct Answer: A,C,D

Question 8

A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up compensation history.
Identify the three correct options regarding the various compensations shown in the history. (Choose three.)

A. The summary in the compensation history shows the data for only five years. B. Compensation history displays six categories of compensation. C. Compensation history automatically retrieves salary and stock-related information. The Recruiting payments and other categories have to be added manually. D. Compensation history shows one-time payments in other compensation and allowances paid regularly in recruiting payments.

Correct Answer: A,C,D

Question 9

While configuring the Budget page, which five tabs are available in Page Layout? (Choose five.)

A. Information B. Worker List C. Detail table D. Actions E. Summary F. Budgeting G. Comments

Correct Answer: B,C,D,E,F

Question 10

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.)

A. Approvals can be set up to be completed when one of the approvers takes an action such as Approve or Reject. B. Expiry, Escalation, and renew settings are possible for notifications. C. Task attachments cannot be sent using email notifications. D. The notifications sent to the approvers can be made actionable. E. Reminders can be set for a fixed duration either before expiration or after assignment.

Correct Answer: A,B,D,E

Question 11

Your customer wants to give its employees a way to donate to charity. This donation could be started anytime in the year and can be updated or stopped only during the month of September.
Identify the correct set of plan restriction to achieve the desired results. (Choose the best answer.)

A. The individual compensation plan must be set up with the following restrictions:
New Allocations: Always
Update Allocations: Specific period Sep 1-Sep 30
Discontinue Allocations: Specific period Sep 1 - Sep 30 B. The individual compensation plan must be set up with the following restrictions:
Create Allocations: Always
Update Allocations: Specific period Sep 1 - Sep 30
Discontinue Allocations: Specific period Sep 1 - Sep 30 C. The individual compensation plan must be set up with "NO" for plan access restriction. D. The individual compensation plan must be set up with the following restrictions:
New Allocations: Always
Update Allocations: Specific period Sep 1- Sep 30
Withdraw Allocations: Specific period Sep 1 - Sep 30

Correct Answer: D

Question 12

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

A. Notification Settings B. Escalation and Expiration Policies C. Assignment and Routing Policies D. Data Driven Routing E. Approval and Rejection Policies

Correct Answer: A,C,D

Oracle Compensation Cloud 2020 Implementation Essentials - 1z0-1049-20 Exam Practice Test