[Oct-2021] Verified Oracle 1z0-1049-20 Bundle Real Exam Dumps PDF
1z0-1049-20 Dumps PDF New [2021] Ultimate Study Guide
Oracle 1z0-1049-20 Exam Syllabus Topics:
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NEW QUESTION 82
You are creating grade rates. What values are necessary for any grade rate that you create? (Choose the best answer.)
- A. Minimum, Maximum, Mid Point, or Value
- B. Minimum, Maximum, and Value
- C. Minimum, Maximum, or Value
- D. Minimum, Maximum, Mid Point, and Value
Answer: C
Explanation:
Explanation
Generate a warning message when a manager or compensation professional enters a new or adjusted salary that is outside the minimum or maximum values defined for the worker's grade in the grade rate attached to the salary basis.
NEW QUESTION 83
You are the compensation manager of a corporation. Which four tasks can you perform while administering compensation for your workforce? (Choose four.)
- A. Override line manager allocations, job changes, and performance ratings.
- B. Create and manage models for use by line managers or by administrators to distribute compensation directly to employees.
- C. Run processes to initiate a compensation cycle.
- D. Analyze plan results.
- E. Override line manager allocations, job changes, and performance ratings.
- F. Maintain currency rates and access to plans from the watchlist.
Answer: A,B,C,E
NEW QUESTION 84
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. Allocated budget will not change. Budget percentage of Manager 2 will increase to 12.5% and Manager
3 will decrease to 8%. - B. No impact. The budget allocated to the employee will automatically be allocated to Manager 3. Budget percentage will remain as 10.
- 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.
Answer: A
NEW QUESTION 85
As compensation manager, you are creating a Salary and Bonus earnings compensation item to define a total compensation statement. Per system requirements, you must select an appropriate source type to show the correct information on the statement.
Select the correct "Source Type". (Choose the best answer.)
- A. Payroll Element
- B. Salary Basis
- C. Formula
- D. Benefit Balance
Answer: B
NEW QUESTION 86
As a compensation manager, in which four cases would you find an employee newly added to your worksheet? (Choose four.)
- A. An employee transfers into your organization.
- B. An employee leaves an organization.
- C. An employee's data has been corrected by HR and it now satisfies the eligibility criteria.
- D. A loaned employee in your organization returns after assignment completion.
- E. A contingent employee becomes a regular employee.
- F. An intern in your organization gets his place confirmed as an employee.
Answer: A,C,D,E
NEW QUESTION 87
Which three tasks are part of Plan Foundation Configuration Options? (Choose three.)
- A. Components
- B. Alerts
- C. Plan Access
- D. Plan Currency
- E. Feedback Survey
Answer: A,C,D
NEW QUESTION 88
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. Reminders can be set for a fixed duration either before expiration or after assignment.
- D. Task attachments cannot be sent using email notifications.
- E. The notifications sent to the approvers can be made actionable.
Answer: A,B,C,E
NEW QUESTION 89
What happens when you define Workforce Compensation Plan components but the employees to whom the compensation change is being administered does not have any component in his or her salary? (Choose the best answer.)
- A. The last component is automatically mapped to the salary and the amount associated with this component is posted as a salary adjustment to the employee record.
- B. The sum of all components identified to be posted as salary is posted as a single salary adjustment amount to the employee's salary record.
- C. The component adjustment is not posted as a salary adjustment to the employee's record. While designing the compensation plan, it has to be kept in mind that the plan components must have a direct mapping with the employee's salary components.
- D. The first component is automatically mapped to the salary and the amount associated with this component is posted as a salary adjustment to the employee record.
Answer: A
NEW QUESTION 90
The compensation administrator wants to run the batch process to administer the compensation cycle. Which are the four valid batch processes in terms of the compensation module? (Choose four.)
- A. Adjust Workforce Compensation Enrollment Window
- B. Evaluate Workforce Compensation Participation
- C. Back Out Workforce Compensation Data
- D. Transfer Workforce Compensation Data to HR
- E. Start Workforce Compensation Cycle
- F. Refresh Workforce Compensation Data
Answer: C,D,E,F
NEW QUESTION 91
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 overrides
- B. Deduction range group
- C. Deduction ranges
- D. Deduction range Values
Answer: C
NEW QUESTION 92
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. Network connectivity issue may have hindered your data being sent to the server.
- B. You may have forgotten to save the changes made.
- C. Another administrator might have accessed these settings after you have saved it.
- D. You do not have the privileges to change Stock Details.
Answer: C
NEW QUESTION 93
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 Worker Contributions
- B. Manage Individual Contribution
- C. Manage Contributions
- D. Manage Variable Allocations
- E. Allocate Workforce Compensation
Answer: E
NEW QUESTION 94
Your client is a consumer goods wholesaler. The client's organization has five departments. While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees in that department. In the current year, only the Electronics department has exceeded its sales target.
How would the compensation manager allocate the extra budget to the manager of the Electronics Department? (Choose the best answer.)
- A. Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.
- B. Initiate budgets automatically by using the Start Compensation Cycle process.
- C. Publish the original budgets to all managers, followed by publishing the extra budget to only the manager of the Electronics department.
- D. Request excess budget allocation from the manager above him.
Answer: C
NEW QUESTION 95
While validating the Workforce Compensation Plan Setup, the compensation administrator encounters the following Warning: "At least one column that adjusts salary is enabled but no components to be posted as salary are selected." What should the compensation administrator do to eliminate this warning? (Choose the best answer.)
- A. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Compensation Amount Column Properties, select Yes for Post as Salary.
- B. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and enable Eligible Salary.
- C. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Eligible Salary Column Properties, select Yes for Post as Salary.
- D. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Percentage of Eligible Salary Column Properties, add an Element.
- E. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and enable Compensation Amount.
Answer: A
NEW QUESTION 96
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. status processing rules
- B. auto indirect rules
- C. general information
- D. costing
- E. retroactive components
- F. input values
Answer: B,D,F
NEW QUESTION 97
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. 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.
- B. 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.
- C. Use the Edit button in the Employee's included area while creating a model to exclude the employee.
- D. Use the Include check box next to the employee's name in the Budget worksheet to exclude the employee from the cycle.
Answer: A
NEW QUESTION 98
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