1Z0-1000 by Oracle Actual Free Exam Questions And Answers

Question 1

Your customer's compensation has an itemized structure. The company wants to increase the Cost of Living allowance of the employees living in the New Jersey area by 3% to compensate for the increased living costs there. Which feature of Oracle Fusion Workforce Compensation can be used to achieve this? (Choose the best answer.)

A. Action and Action Reasons

B. Salary Component

C. Plan Access

D. Plan Eligibility

E. Budget Pools

Discussion 0

Correct Answer: B Vote an answer

Question 2

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.)

A. Statement Definition Name

B. Statement Period

C. Compensation Category

D. Legal Employer

Discussion 0

Correct Answer: B,C Vote an answer

Question 3

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

Discussion 0

Correct Answer: A,C,D Vote an answer

Question 4

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.)

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

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

C. You can add items to statement definitions directly.

D. To include items in statements you must add items to a compensation category.

Discussion 0

Correct Answer: D Vote an answer

Question 5

You are required to explain to your client the use of Hierarchy design in Compensation Process. Which two Compensation-related activities use Hierarchy? (Choose two.)

A. Plan access

B. Approval routing

C. Feedback survey

D. Allocating budgets

E. Sending Compensation alerts

Discussion 0

Correct Answer: B,D Vote an answer

Question 6

Which three tasks are part of Plan Foundation Configuration Options? (Choose three.)

A. Plan Access

B. Plan Currency

C. Feedback Survey

D. Components

E. Alerts

Discussion 0

Correct Answer: A,B,D Vote an answer

Question 7

Identify the four correct options about the summary tables in the compensation history. (Choose four.)

A. The summary table of recruiting payments gives detailed information about effective date, amount, currency, and grand total information for an individual award or compensation amounts.

B. The Stock summary table gives detailed information about grant date and price, granted, vested, and unvested shares, and the estimated value of unvested shares.

C. The Salary summary table gives detailed information about salary history, percentage change, compa-ratio, and growth rate.

D. The summary table of other compensation gives detailed information about effective date, amount, currency, and grand total information about all awards.

E. The summary table of payroll elements gives detailed information about element, input value, actual value and the grand total for the year.

Discussion 0

Correct Answer: A,B,C,E Vote an answer

Question 8

Your client's organization is a multi-country organization with headquarters in the US, and managers have direct reports in different countries.
In which three ways can the compensation currency be displayed? (Choose three.)

A. Preferred currency

B. Only one currency can be displayed

C. Each employee's local currency

D. The corporate currency

Discussion 0

Correct Answer: A,C,D Vote an answer

Question 9

A compensation manager of a corporation is setting up a new salary basis for the employees.
Which statement is true about payroll elements set up for a salary basis? (Choose the best answer.)

A. Recruiting elements can be linked to multiple salary bases only if they are classified as earnings elements, and they need not be configured to allow multiple entries in the same period.

B. Payroll elements of any classification type can be attached to a salary basis.

C. Recruiting elements can be linked to multiple salary bases only if they are classified as earnings elements and configured to allow multiple entries in the same period.

D. Multiple payroll elements can be attached a salary basis.

Discussion 0

Correct Answer: C Vote an answer

Question 10

The compensation manager wants to run the batch process to start the compensation cycle. Which statement correctly describes the Back Out Workforce Compensation Data process? (Choose the best answer.)

A. It removes unneeded transaction data from prior plan cycles.

B. It reverses a completed Start Workforce Compensation Cycle process or removes posted salary, payroll, and HR changes.

C. It backs out started and processed events for participants.

D. It backs out unrestricted events for participants.

Discussion 0

Correct Answer: B Vote an answer

Question 11

After the compensation plan was configured, the Validate Plan Setup process was run successfully with no warnings or errors. However, when the worksheet is accessed by a Line Manager, the Line Manager notices that employees who are ineligible are also visible in the worksheet despite running the Validate Plan Setup process.
What is the reason for this? (Choose the best answer.)

A. The Validate Plan Setup process does not validate eligibility profiles.

B. The Validate Plan Setup process failed to report errors from the eligibility profiles.

C. The compensation administrator did not run the Validate Plan Setup process and run the Start Compensation Cycle process instead.

D. The Validate Plan Setup process showed a warning about errors on the eligibility profiles, which was ignored by the compensation administrator.

Discussion 0

Correct Answer: C Vote an answer

Question 12

A corporation has implemented Oracle Fusion Workforce Compensation. A Salary basis has been created to manage employees' salaries. It has a payroll element attached. As part of the Salary changes, when the compensation manager is trying to update the Salary amounts, the same is not reflecting in the payroll elements entries of the employee.
Identify the two possible causes for the issue. (Choose two.)

A. Salary basis is configured to be non-updatable.

B. No components are defined to handle these salary adjustments.

C. Automatic entry is checked for the payroll element used.

D. Automatic entry is checked at the element eligibility link for the payroll element used.

Discussion 0

Correct Answer: A,C Vote an answer

Question 13

A corporation has implemented Oracle Fusion Compensation for a manufacturing client. The Fusion consultant created a Bonus element with primary classification as Supplemental earning.
What is true about the subclassifications for the created element? (Choose the best answer.)

A. Elements can have only one sub-classification.

B. Once a sub-classification is associated with a classification, it cannot be associated with another classification.

C. A sub-classification name cannot be reused under a different primary classification.

D. Sub-classifications provide a way to feed elements.

Discussion 0

Correct Answer: B Vote an answer

Oracle Workforce Compensation Cloud 2018 Implementation Essentials - 1Z0-1000 Exam Practice Test

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