Accurate Hot Selling 1z0-1049-22 Exam Dumps 2022 Newly Released [Q62-Q80]

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Accurate Hot Selling 1z0-1049-22 Exam Dumps 2022 Newly Released

Get 100% Authentic Oracle 1z0-1049-22 Dumps with Correct Answers


Oracle 1z0-1049-22 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Manage Salary Range Differentials
  • Describe variable allocation approvals
Topic 2
  • Configure compensation worksheets
  • Explain Progression Grade Ladders
Topic 3
  • Explain total compensation statements
  • Validate workforce compensation plans
Topic 4
  • Implement compensation processes
  • Elements, Balances, and Formulas
  • Describe salary components
Topic 5
  • Explain individual compensation plans
  • Generate total compensation statements

 

NEW QUESTION 62
You have created a compensation plan and configured the plan details. However, when you try to run the "Start Compensation Cycle" process, you are not able to see the plan you created in the list that appears.
Which three options could be possible reasons for this? (Choose three.)

  • A. Access to the compensation administrator role is restricted in Plan Access.
  • B. Your user role does not have access to view the plan.
  • C. Restrict Plan access is set to "NO"; however, the roles that are allowed are not specified.
  • D. The compensation administrator or equivalent role is not attached to your plan.
  • E. Restrict Plan access is set to "Yes" and the compensation administrator role is added to the list of roles in "Plan access from Compensation work area."

Answer: A,B,E

Explanation:
Your user role does not have access to view the plan. Check the Configure Plan Access task for the plan and verify the access for the compensation administrator role is not restricted. Also, verify that your user has the compensation administrator role or the proper security to run compensation batch processes.

 

NEW QUESTION 63
What happens if eligibility requirements are different for components than they are for a plan? (Choose the best answer.)

  • A. This is not possible. Component-level eligibility is always identical to plan-level eligibility.
  • B. Plan-level eligibility is ignored and a warning is reported.
  • C. Plan-level eligibility is evaluated before component-level eligibility.
  • D. Component-level eligibility is evaluated before plan-level eligibility.
  • E. Component-level eligibility is ignored and a warning is reported.

Answer: C

 

NEW QUESTION 64
The compensation administrator wants to run Purge Workforce Compensation Data for one of the past compensation plans because the transaction data from that period is not required anymore. However, the compensation administrator does not get the option to include the said plan. What is the reason for this? (Choose the best answer.)

  • A. Purge Workforce Compensation Data can be run only after Back Out Workforce Compensation Data is run with the "Full Back Out" option.
  • B. Purge Workforce Compensation Data can be run only for compensation plans with Inactive status.
  • C. Purge Workforce Compensation Data cannot be run because the Transfer Workforce Compensation Data to HR process has already been run and compensation data transferred to HR.
  • D. Purge Workforce Compensation Data can be run only for compensation plans that are valid for the future.

Answer: A

 

NEW QUESTION 65
Which two are element classification types? (Choose two.)

  • A. Primary
  • B. Secondary
  • C. International
  • D. US-only
  • E. Global

Answer: A,B

 

NEW QUESTION 66
While implementing, you are grouping compensation items and categories for displaying them together. Therefore, when planning how to group compensation items and categories, you must consider which three options? (Choose three.)

  • A. Statement definitions
  • B. Category Detail
  • C. Compensation Items
  • D. Contribution Type and Unit of Measure
  • E. Category Type
  • F. Level of detail

Answer: D,E,F

Explanation:
Group related compensation together into compensation categories for display in total compensation statements. When planning how to group compensation items and categories for display, you must consider the following factors:
Category type
Contribution type and unit of measure
Level of detail

 

NEW QUESTION 67
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, Timestamp, Boolean
  • C. Monetary, Nonmonetary, Date, Text
  • D. Monetary, Nonmonetary, Date, Boolean

Answer: A

 

NEW QUESTION 68
Your customer must use Grade Ladders to suit the industry in which it operates. How should you define the Grade Ladders that the customer needs? (Choose the best answer.)

  • A. by using LDG-specific Grade Min, Max, and Mid Point rate values
  • B. by associating the Grade Ladders with legal entities
  • C. by using Min, Max, and Mid Point rate values
  • D. by using steps and rate values

Answer: C

 

NEW QUESTION 69
A corporation is implementing Oracle Fusion Workforce Compensation and must set up salary bases. Employees are assigned different grades within the organization and the salaries are dependent on the grades.
What is the correct way to set up the salary bases? (Choose the best answer.)

  • A. Set up different salary bases for different grades with the same payroll element. The frequency of both salary basis and grade rate need not match.
  • B. Set up different salary bases for different grades and different payroll elements, because the payroll element can be attached to only one salary basis. The frequency of both salary basis and grade rate should match.
  • C. Set up different salary bases for different grades and different payroll elements, because the payroll element can be attached to only one salary basis. The frequency of both salary basis and grade rate need not match.
  • D. Set up different salary bases for different grades with the same payroll element. The frequency of both salary basis and the grade rate should match.

Answer: B

 

NEW QUESTION 70
Your customer wants to limit contributions to a particular individual compensation plan to workers with at least a year of service. How should you accomplish this? (Choose the best answer.)

  • A. Create an eligibility profile with the exclude option and associate it with the plan
  • B. Use a fast formula to restrict access to the plan.
  • C. Create a relevant eligibility profile and associate it with the plan.
  • D. Create user-defined criteria, and then create the eligibility profile and plan.
  • E. Create a derived factor, and then create the eligibility profile and plan.

Answer: C

 

NEW QUESTION 71
Identify the list builder that is used in the delivered variable allocation task that appears to all allocations. (Choose the best answer.)

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

Answer: D

 

NEW QUESTION 72
A corporation has implemented Oracle Fusion Workforce Compensation and set up an individual compensation plan with the following details.
Name: Variable component
Restrict plan access: Yes
Action: Manage Contributions
Access Level: New
Allocations: Always Allow
Update Allocations: Never Allow
Discontinue Allocations: "Allowed during a specific period" with the period start and end dates configured.
Identify the correct option for the possible actions. (Choose the best answer.)

  • A. The plan setup is always for HR to take actions and, therefore, only HR will be able to start the contribution anytime, update never, but discontinue during the period defined for any specific employee.
  • B. The contribution will be automatically added to all the employees in the payroll and HR can discontinue allocations on a request basis.
  • C. Only managers will be able to start the contribution anytime, update never, but discontinue during the period defined for any specific employee by using the manager dashboard.
  • D. All Employees will be able to start the contribution anytime, update never, but discontinue during the period defined.

Answer: D

 

NEW QUESTION 73
Your customer's company spans multiple countries. It follows a global salary increase process in the month of May and awards bonuses twice a year in the month of June and December for workers who are employed in various countries. As an implementation consultant, you must define Statement Periods for the Compensation Statement. Which three options will you consider? (Choose three.)

  • A. the date that statements become available to workers
  • B. the date when bonus is awarded to workers
  • C. the conversion rate date for currency conversions
  • D. an optional welcome message
  • E. the date when merit increases are awarded to workers

Answer: A,B,D

 

NEW QUESTION 74
As an implementation consultant, you are required to create an element for capturing the bonus awarded in the compensation cycle. Which two statements are correct regarding the input values of the element created? (Choose two.)

  • A. Element entries are created for all the input values of the element.
  • B. No additional configuration is required to attach this element to the workforce compensation plan component.
  • C. You must manually mark the Amount input value as the primary input value in the Special Purpose field.
  • D. The automatically created Amount input value is identified as the primary input value.
  • E. It is possible to link the same element but different input values to different components or options within the same compensation plan.

Answer: B,D

 

NEW QUESTION 75
Your customer's compensation manager needs to know, what are the four valid statuses of the compensation worksheet? (Choose four.)

  • A. Submitted
  • B. Processed
  • C. Started
  • D. Partially approved
  • E. Fully Approved
  • F. Unprocessed
  • G. Closed
  • H. Budget Available

Answer: A,B,E,H

 

NEW QUESTION 76
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. HR Specialist
  • B. Expenses Manager
  • C. Compensation Manager
  • D. Line Manager

Answer: A,C,D

 

NEW QUESTION 77
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 Individual Contribution
  • B. Manage Contributions
  • C. Manage Variable Allocations
  • D. Manage Worker Contributions
  • E. Allocate Workforce Compensation

Answer: E

 

NEW QUESTION 78
Your client's organization is a multi-country organization with headquarters in the US. All employees are covered under one global compensation plan. However, the managers in each country want to administer compensation in their country's respective currency. How would you enable this feature? (Choose the best answer.)

  • A. Enable Currency Switching.
  • B. Display the corporate currency.
  • C. Set the preferred currency in the worksheet.
  • D. Use fast formula to display the employee currency using conversion rates.

Answer: A

 

NEW QUESTION 79
As a Fusion implementation consultant, you are configuring Fusion HCM Compensation Management module for a manufacturing client. Which three statements are correct in relation to compensation statement display options? (Choose three.)

  • A. You cannot hide regions for graphs or descriptions at the statement definition setup level.
  • B. You cannot exclude a category from the statement summary at the category setup level.
  • C. You can hide table columns.
  • D. You can configure display of zero values.
  • E. You cannot include and hide the welcome message at the statement definition setup level.
  • F. You can hide or show the estimated amount indicator at the category setup level.

Answer: A,D,F

 

NEW QUESTION 80
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