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Latest update Oracle 1Z0-1049-20 exam questions and answers online practice test

QUESTION 1
As an implementation consultant, you are required to create an element that is applicable only to a set of employees
who are in the Production department and who are on weekly payrolls. What is the correct configuration to meet this
requirement? (Choose the best answer.)
A. Create Element Eligibility with the Legal Employer and Payroll Statutory Unit parameters.
B. Create an element without defining Element Eligibility.
C. Create Element Eligibility with the Grade and Position parameters.
D. Create Element Eligibility with the department and specific payroll parameters.
Correct Answer: A

 

QUESTION 2
A corporation has set up an individual compensation plan for a contribution towards a retirement benefit. This
contribution must be approved by the four-level manager hierarchy. Identify all the four builders that support a restriction
for the number of levels. (Choose four.)
A. Management Chain
B. Supervisory
C. Position
D. Job Level
E. Resource
F. Department Level
Correct Answer: BDEF

 

QUESTION 3
You are the compensation manager of a corporation. Which four tasks can you perform while administering
compensation for your workforce? (Choose four.)
A. Create and manage models for use by line managers or by administrators to distribute compensation directly to
employees.
B. Override line manager allocations, job changes, and performance ratings.
C. Maintain currency rates and access to plans from the watchlist.
D. Override line manager allocations, job changes, and performance ratings.
E. Analyze plan results.
F. Run processes to initiate a compensation cycle.
Correct Answer: ABDF

 

QUESTION 4
A worker complains to the Human Resources department that the total amount does not add up to the amount of salary
received in the bank. The department informs the worker that certain items that are shown in the Compensation
Statement do not comprise the actual amount paid. The department now wants to make the statement more relevant to
workers to avoid such situations. What should you do to accommodate this requirement? (Choose the best answer.)
A. For each item, specify the Excluded from Gross amount option to indicate that this compensation is not the actual
amount paid.
B. For each item, specify the Estimated amount option to indicate that this compensation is not the actual amount paid.
C. For each item, specify the Unpaid amount option to indicate that tis compensation is not the actual amount paid.
D. For each item, specify the Indicative amount option to indicate that this compensation is not the actual amount paid.
Correct Answer: B

 

QUESTION 5
A corporation started giving performance bonuses to eligible employees on a monthly basis. As a
compensation administrator, you are required to display performance bonuses with similar or related
compensation items.
How will you configure this requirement in the Fusion application? (Choose the best answer.)
A. Attach performance bonuses to similar compensation items.
B. Attach performance bonuses to similar compensation categories/subcategories.
C. Attach performance bonuses to similar elements.
D. Attach performance bonuses to similar sources.
Correct Answer: B

 

QUESTION 6
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.
Correct Answer: C

 

QUESTION 7
You can use predefined alerts to notify managers about issues on the worksheet that need their attention. Which four
predefined alerts are available? (Choose four.)
A. Salary changed in HR
B. Allocation outside target range
C. Grade changed in HR
D. Job changed in HR
E. Worker was terminated
F. Worker is on long-term leave
Correct Answer: ABCE
Reference: https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387136AN11E5B.htm (predefined alerts)

 

QUESTION 8
When compiling Fast Formula, you receive the error message “Database item PER_ASG_ATTRIBUTE3 must have a
DEFAULT statement because it was specified that null or not found is allowed.” What is the cause of the error? (Choose
the best answer.)
A. misuse of context
B. uninitialized variable
C. incorrect operator usage
D. syntax error
Correct Answer: C

 

QUESTION 9
An Organization tracks compensation that is not stored in the Benefit Balance, Element Entry, External Data, and
Payroll Balance source types. Which three statements are true about configuring Compensation Items for a
Compensation Statement? (Choose three.)
A. Currency can be used as Context when implementing the source type for such Items.
B. Effective Date can be used as Context when implementing the source type for such Items.
C. Legislative Data Group ID can be used as Context when implementing the source type for such Items.
D. Manager ID can be used as Context when implementing the source type for such Items.
E. Person ID can be used as Context when implementing the source type for such Items.
Correct Answer: ABC

 

QUESTION 10
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 selected. All other details are autopopulated including the history category.
C. Any payroll element can be added and all other details are auto-populated excluding the history category.
D. Any payroll element can be added and the input value of the element must be selected. All other details are autopopulated excluding the history category.
Correct Answer: B

 

QUESTION 11
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.
Correct Answer: B

 

QUESTION 12
Identify the four components that can be included in a fast formul
A. (Choose four.)
B. Output statement
C. Input statement
D. Comments
E. Assignment statements
F. Symbolic variables
G. Conditions
Correct Answer: BCDF
Reference: http://docs.oracle.com/cd/E37583_01/doc.1116/e36894.pdf (p.19)

 

QUESTION 13
As an implementation consultant, you are required to define the total compensation statement. You are creating the
statement definitions for your compensation statement. Which three statements are true about the statement
definitions? (Choose three.)
A. The statement definition acts as a template and determines the layout and content of the generated statement.
B. The statement definition consists of compensation items added to compensation categories.
C. Multiple legal employers, multiple countries, and multiple currencies cannot be included in one statement.
D. Compensation items with sources belonging to different legal employers cannot be added.
E. Reusing statement definitions by creating new statement periods and then modifying the definition for subsequent
periods is not possible.
F. Edits to compensation categories affect all statement definitions that use that category.
Correct Answer: ABE
Reference: http://docs.oracle.com/cd/E25178_01/fusionapps.1111/e20376/F566544AN4EDA9.htm

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