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1Z0-1049 Valid Test Test & Oracle 1Z0-1049 Prep Guide - Oracle Compensation Cloud 2019 Implementation Essentials - Royalholidayclubbed
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QUESTION NO: 1
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. The automatically created Amount input value is identified as the primary input value.
B. It is possible to link the same element but different input values to different components or options within the same compensation plan.
C. No additional configuration is required to attach this element to the workforce compensation plan component.
D. Element entries are created for all the input values of the element.
E. You must manually mark the Amount input value as the primary input value in the Special Purpose field.
Answer: A,C
QUESTION NO: 2
While configuring the Budget page, which five tabs are available in Page Layout? (Choose five.)
A. Detail table
B. Worker List
C. Comments
D. Summary
E. Budgeting
F. Actions
G. Information
Answer: A,B,D,E,F
QUESTION NO: 3
Your customer wants line managers to be able to access the active workforce compensation plan during the first three months of the Plan period, but not to update it. The evaluation period start and end dates for the plan are January 1 to December 31 of the year.
How should you set this up? (Choose the best answer.)
A. Configure Plan access start and end dates from January 1 to March 31 of the year and Worksheet update period start and end dates from April 1 to December 31 of the year.
B. Configure Worksheet update period start and end dates from January 1 to December 31 of the year.
C. Configure Worksheet update period start and end dates from January 1 to March 31 of the year and Plan access start and end dates from April 1 to December 31 of the year.
D. Configure Plan access start and end dates from January 1 to December 31 of the year.
Answer: A
QUESTION NO: 4
As a compensation executive, you are required to upload stock data sent by a vendor of a corporation into the Fusion application.
Which option is the correct method to do so? (Choose the best answer.)
A. Manage Stock Grants >> Import Source
B. Manage Stock Grants >> Import Items
C. Manage Stock Grants >> Prepare Import Spreadsheet
D. Manage Stock Grants >> Import Category
Answer: C
QUESTION NO: 5
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
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Updated: May 28, 2022
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