1Z0-1049 Plan - Oracle Reliable Test Oracle Compensation Cloud 2019 Implementation Essentials Study Guide - Royalholidayclubbed

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1Z0-1049 PDF DEMO:

QUESTION NO: 1
You are configuring a plan cycle date that should be visible to managers on the Approvals tab so that they can submit their worksheets before that date. But you do not want to enforce the date because you want the managers to be able to submit their worksheets even after the date is past.
Which date should you use?
(Choose the best answer.)
A. HR extraction date
B. default date due
C. evaluation period start and end dates
D. currency conversion date
E. worksheet update start and end dates
Answer: B

QUESTION NO: 2
A corporation has implemented Oracle Fusion Workforce Compensation. Per business requirements, the Fusion consultant must integrate Oracle Fusion Workforce Compensation with
Oracle Fusion Benefits to fetch the value of Benefits Amount as one of the input values for the
Benefit element to get the eligible salary of an employee for the compensation process.
Identify the option that will enable fetching of the Benefits Amount value. (Choose the best answer.)
A. Select the "Allow User Entry" and "Create a Database Item" check boxes for the element input value.
B. Create an "Amount" input value at the element eligibility link level.
C. Select "Pay Separately" as the "Special Purpose" option.
D. Database items are created by default for the element input values.
Answer: A

QUESTION NO: 3
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 cannot be run because the Transfer Workforce
Compensation Data to HR process has already been run and compensation data transferred to HR.
B. Purge Workforce Compensation Data can be run only for compensation plans with Inactive status.
C. Purge Workforce Compensation Data can be run only after Back Out Workforce Compensation
Data is run with the "Full Back Out" option.
D. Purge Workforce Compensation Data can be run only for compensation plans that are valid for the future.
Answer: C

QUESTION NO: 4
What happens if eligibility requirements are different for components than they are for a plan? (Choose the best answer.)
A. Plan-level eligibility is ignored and a warning is reported.
B. Component-level eligibility is evaluated before plan-level eligibility.
C. Plan-level eligibility is evaluated before component-level eligibility.
D. Component-level eligibility is ignored and a warning is reported.
E. This is not possible. Component-level eligibility is always identical to plan-level eligibility.
Answer: C

QUESTION NO: 5
A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up Calculation Factors for the deduction elements setup.
Which two statements are correct regarding the Calculation Factors? (Choose two.)
A. Calculation Factors indicate which deduction range to use when calculating the deduction amount
.
B. The Manage Deduction Group Rates task in the Payroll Calculation work area is used to view the calculation factors defined.
C. The Manage Deduction Ranges task in the Payroll Calculation work area is used to view the calculation factors defined.
D. Calculation Factors define which classifications of earnings to consider when calculating the basis for the deduction element.
Answer: A,C

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Updated: May 28, 2022

by RHC.

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