Accurate Oracle 1z0-1049 Test Online

NEW QUESTION 1
Identify the two valid formula types applicable for Workforce Compensation Plans. (Choose two.)

• A. Compensation Currency Selection
• B. Compensation Organization Selection
• C. Compensation Item Selection
• D. Compensation Person Selection
• E. Compensation amounts Selection

Answer: CE

NEW QUESTION 2
While working on a budget sheet or a compensation worksheet, a manager chooses to use the “Export to Excel workbook” option to do his or her work. Which four of the following steps would he or she need to perform upon clicking the “Export to Excel workbook” option and prior to finalizing his or her proposal and submitting it for approval? (Choose four.)

• A. Download and authenticate workbooks.
• B. Edit the workbook data.
• C. Filter the edits and upload only the edited fields.
• D. Resolve errors created by the uploaded file.
• E. Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
• F. Repeat the steps as many times as necessary to accommodate the revisions.

Answer: ACDE

NEW QUESTION 3
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. Line Manager
• B. Compensation Manager
• C. HR Specialist
• D. Expenses Manager

Answer: ABC

NEW QUESTION 4
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.)

• A. Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.
• B. Create a custom data model that can pull compensation awarded from different plans and display the data using a BI publisher layout.
• C. Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.
• D. This is possible only in the on-premises model using customization and is not possible in an Saas instanc
• E. Therefore, you would respond accordingly to the client.

Answer: C

NEW QUESTION 5
During the compensation review cycle, which two actions occur when a manager is allocated a zero or null budget? (Choose two.)

• A. The manager can manually allocate some budget for his team.
• B. The manager does not have access to the plan.
• C. The manager will have read-only access.
• D. The available budget becomes negative when the manager makes allocations.

Answer: AC

Explanation:
You can distribute initial budgets for one or more managers in the hierarchy. When the budget is zero or null, managers have read-only access to their budgets. A null budget contains no value. A zero budget means no amount is budgeted.

NEW QUESTION 6
You are an implementation consultant, and the client organization wants you to provide a solution for how not to display the welcome message in the total compensation statement.
What will your answer in this situation be? (Choose the best answer.)

• A. Changing the welcome message is not possible.
• B. Edit the “Do not display Welcome message” option in “Statement Definition.”
• C. Edit the “Do not display Welcome message” option in “Compensation Item.”
• D. Edit the “Do not display Welcome message” option in “Compensation Category.”

Answer: B

NEW QUESTION 7
A corporation has generated total compensation statements and all workers received their total compensation statements. As a compensation executive, you realize that some corrections are needed in the generated statements.
Which corrective action will you take? (Choose the best answer.)

• A. Educate the workers that corrections are not possible after the total compensation statements have been generated.
• B. Ignore any corrective action.
• C. Edit “Statement Definition,” make the required corrections, and regenerate the total compensation statements as a newer version.
• D. Start manual changes in each worker’s total compensation statement.

Answer: C

NEW QUESTION 8
Plan access restrictions control the situations in which an individual compensation plan is available for allocations or contributions by a line manager or worker, and regulate a user’s ability to create, update, or discontinue allocations or contributions under the plan. What are three common decisions to make about plan access? (Choose three.)

• A. If user access should be based on career levels or earnings thresholds
• B. If the plan is going to require updates that are driven by business users in the time frame of the next payroll cycle
• C. if there should be a “white list” name criteria for access to the plan
• D. if plan access should be related to HR actions
• E. if there should be a time period in which a user can create, update, or discontinue allocations or contributions
• F. whether or not to restrict access to the plan at all

Answer: DEF

NEW QUESTION 9
Which two methods can be used by the compensation administrator to publish budgets? (Choose two.)

• A. Publish budgets manually.
• B. Copy budget amounts from a previous cycle.
• C. Use a model to distribute budgets.
• D. Publish budgets automatically by running the Build Model process.

Answer: AC

NEW QUESTION 10
During the Compensation Review cycle for the year 2014-15, the manager processes his direct reports compensation changes per the model created by him. After making the changes in the worksheet, the manager submits the proposed changes to the next level manager in the hierarchy for approval. What will the Manager status appear as in the workforce compensation area? (Choose the best answer.)

• A. In Approvals
• B. Processed
• C. Fully Approved
• D. Submitted
• E. Work in Progress

Answer: D

NEW QUESTION 11
Identify the correct option regarding the Payroll element details in the compensation history setup. (Choose the best answer.)

• A. Any payroll element can be added and all other details are auto-populated including the history category.
• B. Any payroll element can be added and the input value of the element must be selecte
• C. All other details are auto-populated including the history category.
• D. Any payroll element can be added and all other details are auto-populated excluding the history category.
• E. Any payroll element can be added and the input value of the element must be selecte
• F. All other details are auto-populated excluding the history category.

Answer: B

NEW QUESTION 12
A corporation has implemented Oracle Fusion Workforce Compensation. Oracle Fusion Supplemental Earning Elements must now be created to capture ad hoc payments for eligible workforce.
Which two statements are true about element eligibility criteria for such elements? (Choose two.)

• A. You can define multiple eligibility criteria for each element, but there must be an overlap between them.
• B. You can define multiple eligibility criteria for each element, but there must not be any overlap between them.
• C. You cannot define multiple eligibility criteria for each element in any case.
• D. Some element eligibility criteria may not be available, depending on the level at which the element is attached.

Answer: BC

Explanation:
You can define more than one eligibility criteria for each element but there must be no overlap between them. For example, you could create one criteria for the combination of grade A and the job Accountant. However, you could not create one criteria for grade A and a second for the job Accountant. This would imply that an accountant on grade A is eligible for the same element twice. If you have more than one criteria for an element, you can enter different default values, qualifying conditions, and costing information for each eligibility group.

NEW QUESTION 13
Identify the list builder that is used in the delivered variable allocation task that appears to all allocations. (Choose the best answer.)

• A. Position Hierarchy
• B. Dynamic Approval Group
• C. Static Approval Group
• D. Supervisory Hierarchy
• E. Auto Approval

Answer: A

NEW QUESTION 14
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.

Answer: C

NEW QUESTION 15
A corporation has implemented Oracle Fusion Workforce Compensation. The consultant must now create an element eligibility link for an Earnings element.
While creating the element eligibility link, which three options can be set up in the element eligibility work area? (Choose three.)

• A. general information
• B. input values
• C. costing
• D. status processing rules
• E. retroactive components
• F. auto indirect rules

Answer: BCF

NEW QUESTION 16
A corporation has implemented Oracle Fusion Workforce Compensation for a manufacturing client. Which is the building block used in the calculation of deductions and exemptions? (Choose the best answer.)

• A. Deduction ranges
• B. Deduction range group
• C. Deduction range Values
• D. Deduction overrides

Answer: A

NEW QUESTION 17
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. Delete the existing element link and create a new element link, which will automatically create all four input values.
• B. Create a new element from scratch.
• C. This scenario cannot be implemented.
• D. Create status processing rules for the input values.

Answer: B

NEW QUESTION 18
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

Answer: A

Explanation:
Use the Manage Personal Deductions
task in the Payroll Calculations or Payroll Administration work area to
create deduction card overrides at the payroll relationship level. If overrides are allowed, the Overrides Allowed on Deduction Cards tab appears in the Component Details section of the Manage Deduction Cards
page when you select a deduction component. Click Create to define an override. The override value you
enter varies based on the type of override item defined in the deduction range, as described in the previous section. For example, you may enter a rate to be used in the deduction calculation or an amount to be added to the calculated amount.
If your localization supports deduction cards at multiple levels, use the Manage Legal Entity Deduction
Records task in the Setup and Maintenance work area to create deduction card overrides at the payroll
statutory unit level. Use the Manage Legal Reporting Unit Deduction Records
task in the Setup and Maintenance work area to create deduction card overrides at the tax reporting unit level.

NEW QUESTION 19
Your Workforce Compensation Plan has the following Plan Cycle setup:
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
Worksheet Update Period Start Date: 1-Nov-2014
Worksheet Update Period End Date: 31-Jan-2015
Due to reorganization in the month of December 2014, the Marketing department was split into two new departments: Branding and Communications, which resulted in transfers of many employees from one manager to another.
You, as the compensation administrator, are required to ensure that all the relevant organizational changes are included in the Compensation Worksheet. What would you have to do to accomplish this? (Choose the best answer.)

• A. Schedule the Refresh Workforce Compensation Data process nightly to ensure that line managers see the most current data, including the recent transfers and other employment changes.
• B. Run the Refresh Workforce Compensation Data process on 1-Nov-2014 because that is the date when line managers start updating the worksheet.
• C. Validate Plan Setup to ensure that all HR Data updates are accounted in the worksheet.
• D. Run the Back Out Workforce Compensation Data process with the “Full back out” option.

Answer: A

NEW QUESTION 20
A corporation is implementing Oracle Fusion Workforce Compensation. Different currencies are set at the Legislative Data Group level, the Organization payment level, the Bank account level, and the payroll element level.
The currency shown while configuring salary basis comes from which level? (Choose the best answer.)

• A. From the input value of the payroll element
• B. From the Legislative Data Group level, because that is the highest level in the hierarchy.
• C. From the Organization payment level, because the compensation is finally paid through this
• D. From the Bank account level

Answer: B

NEW QUESTION 21
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 “NO” for plan access restriction.
• B. The individual compensation plan must be set up with the following restrictions: New Allocations: AlwaysUpdate Allocations: Specific period Sep 1– Sep 30 Withdraw Allocations: Specific period Sep 1 – Sep 30
• C. The individual compensation plan must be set up with the following restrictions: Create Allocations: AlwaysUpdate Allocations: Specific period Sep 1 – Sep 30 Discontinue Allocations: Specific period Sep 1 – Sep 30
• D. The individual compensation plan must be set up with the following restrictions: New Allocations: AlwaysUpdate Allocations: Specific period Sep 1–Sep 30 Discontinue Allocations: Specific period Sep 1 – Sep 30

Answer: B

NEW QUESTION 22
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