[Apr 20, 2022] 1Z0-1049-21 Exam Dumps, 1Z0-1049-21 Practice Test Questions [Q106-Q120]

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[Apr 20, 2022] 1Z0-1049-21 Exam Dumps, 1Z0-1049-21 Practice Test Questions

Free 1Z0-1049-21 Study Guides Exam Questions and Answer

NO.106 You create a compensation plan and attach a Compensation Performance rating model to it. While themanager is allocating compensation, he specifies a rating for each of the employees under him. Where will the rating specified by the manager be available? (Choose the best answer.)

Only within the current compensation plan and all cycles associated with it

Only within the current compensation plan and the current cycle

To the current compensation plan and the Performance Management system

To the current compensation plan and HR system

NO.107 Your client wants you to create a single Compensation Change statement that includes compensation awarded formultiple plans. What would you, as an implementation consultant, advise your client? (Choose the best answer.)

Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.

Create a custom data model that can pullcompensation awarded from different plans and display the data using a BI publisher layout.

Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.

This is possible only in the on-premises model using customization and is not possible in an Saas instance. Therefore, you would respond accordingly to the client.

NO.108 Identify three correct statements about changes in an employee’s compensation when the employee’s FTE value changes in employment. (Choose three.)

If the salary record has the end date before the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.

If the salary record end date is 31-DEC-4712 (that is, the date is “blank” in the salary UI), the FTE value is fetched as of the current system date and Annual Salary and Annual FT Salary are calculated by using that value.

If the salary start date is after the current date (that is, it is a future-dated salary record), theFTE value is fetched as of the salary start date and Annual Salary and Annual FT Salary are calculated by using that value.

If the salary record has the end date after the current date, FTE is fetched as of the salary end date and Annual Salary andAnnual FT Salary are calculated by using that value.

If the salary record end date is the same as the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.

NO.109 Which three statements are true about individual compensation plans? (Choose three.)

A user’s ability to access or make updates to awards in individual compensation plans may be restricted by the user’s association to a Legislative Data Group.

Individual compensation plans are not necessary for payment of items such as spot bonus.

Individual compensation plans arenecessary for payment of items such as spot bonus.

Workers are individual compensation plans to manage their own contributions to charitable or savings plans.

Individual compensation plans define compensation that managers can award to individual workers outside of the regular compensation cycle, such as spot bonus or education reimbursement.

NO.110 What happens when you define Workforce CompensationPlan 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.)

The sum of all components identified to be posted as salary is posted as a single salaryadjustment amount to the employee’s salary record.

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.

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.

The component adjustment is not posted as a salary adjustment to the employee’s record. While designing the compensation plan, ithas to be kept in mind that the plan components must have a direct mapping with the employee’s salary components.

NO.111 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, whichthree options can be set up in the element eligibility work area? (Choose three.)

general information

input values

costing

status processing rules

retroactive components

auto indirect rules

NO.112 While working on the compensation changes in an Excel workbook, a manger selects the Upload option and then tries to immediately download the uploaded data. As a consultant, you advise him not to do so because of which reason? (Choose the best answer.)

This action causes the committed data to roll back, thereby revoking the changes processed.

This action causes the committed data to download immediately, thereby obscuring the error messages.

The data uploaded takes some time to be processed by the server and, therefore, when download is clicked immediately, it might still show the older data.

When the Upload button is clicked, the data is loaded to a staging table and an upload process is triggered. This process has to complete successfully before the new data can be downloaded.

NO.113 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 different salary basis associated with each assignment or employment term.

One salary basis for allassignments and employment terms

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

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

NO.114 The Fusion Compensation module must be integrated with Fusion Performance Rating. In which three ways can the performance rating be made available? (Choose three.)

Integrate with Oracle Fusion Performance Management.

Use compensation performance ratings.

Use both Performance Management ratings and compensation ratings.

Integrate with Oracle Fusion Goal Management.

Integrate with Oracle Fusion Profile Management.

NO.115 An organization uses Compensation Statement for its workers in the UK. One of the categories used in the statement has the display name as One-Time Bonus. As an implementation consultant, you are in the process ofconfiguring a new Compensation Statement for workers in India. You decide to reuse the category for the new Compensation Statement. In the process of configuring the Statement Definition, you update the Compensation Category display name to Annual Bonus. However, when the Compensation Statement for workers in the UK displays, it continues to show the Category display name as One-Time Bonus.
What is the cause for this? (Choose the best answer.)

The Compensation Category display name is specific to a Statement Definition.

The Compensation Statement Definition synchronization process needs to be run to update the Compensation Category display name in all statement definitions.

After the Compensation Statement is generated for workers in India, the Category display name of Annual Bonus will start reflecting in the Compensation Statement of workers in the UK.

Workers in the UK need to refresh their statements in order to see the updated display name.

NO.116 How can youuse an earnings element to manage the calculation and payment of absences? (Choose the best answer.)

Ensure that the input to the salary database item formula from the earnings element processes the absence element as Absence classification because payroll runs do not process elements in the Information or Absence classifications.

Define a skip rule for the earnings element that triggers processing when it finds an entry for a non-absence element because payroll runs process elements in the Information or Absence classifications.

Define the earnings element as nonrecurring for the absence element because payroll runs do not process nonrecurring elements in the Information or Absence classifications.

Define a skip rule for the earnings element that triggers processing when it finds an entry for the absence element because payroll runs do not process elements in the Information or Absence classifications.

NO.117 As an implementation consultant, you have created compensation items for the total compensation statement but have not attached them to compensation categories.
In this situation, which statement is correct? (Choose the best answer.)

You can add items to statement definitions directly.

To include items instatements you must add items to a compensation category.

You cannot add items to statement definitions directly, and you cannot add items to a compensation category.

You can add items to statement definitions directly, and to include items in statements you must add items to a compensation category.

NO.118 How would you control the task of determining if a person is eligible for a compensation plan? (Choose the best answer.)

a mix of element eligibility and eligibility profiles

through element eligibility only, never with eligibility profiles

with the eligibility profiles, never through element eligibility

either with eligibility profiles or through element eligibility

NO.119 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.)

Statement Definition Name

Statement Period

Legal Employer

Compensation Category

NO.120 Which five tasks can be performed by a compensation manager? (Choose five.)

Allocate compensation.

Promote and rate worker performance while allocating compensation.

Determine compensationamounts offline by downloading details to a spreadsheet.

Review and approve work of Superior Manager.

Generate company-configured compensation change statements to notify workers of a compensation award, job change, or performance rating assignment.

Analyze proposed changes for equity among peer groups and by manager, alignment with the market, and pay for performance strategies.

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