Oracle Compensation Cloud 2021 Implementation Essentials - 1Z0-1049-21 Exam Practice Test
The Fusion Compensation module must be integrated with Fusion Performance Rating. In which three ways can the performance rating be made available? (Choose three.)
Correct Answer: A,B,E
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Identify the three correct statements for an alternate approver hierarchy. (Choose three.)
Correct Answer: B,C,D
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A corporation is implementing Oracle Fusion Workforce Compensation and needs toset up compensation history.
Identify the three correct options regarding the various compensations shown in the history. (Choose three.)
Identify the three correct options regarding the various compensations shown in the history. (Choose three.)
Correct Answer: A,C,D
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You arecreating grade rates. What values are necessary for any grade rate that you create? (Choose the best answer.)
Correct Answer: B
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You canuse predefined alerts to notify managers about issues on the worksheet that need their attention.
Which four predefined alerts are available? (Choose four.)
Which four predefined alerts are available? (Choose four.)
Correct Answer: B,C,E,F
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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.)
Correct Answer: B
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An Organization tracks compensation that is not stored in the Benefit Balance, Element Entry, External Data, and Payroll Balance source types. Which three statementsare true about configuring Compensation Items for a Compensation Statement? (Choose three.)
Correct Answer: A,B,E
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A corporation has implementedOracle Fusion Workforce Compensation for a manufacturing client. As an implementation consultant, you are required to set up the Deduction elements to capture the employee's personal contributions.
Which four can be categorized as Deduction components corresponding to payroll deduction elements?
(Choose four.)
Which four can be categorized as Deduction components corresponding to payroll deduction elements?
(Choose four.)
Correct Answer: B,D,E,F
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While creating a compensation plan, the compensation manager of your client's organization chooses to enable Compensation Change statement. As an implementation consultant, which is the dependent configuration that you would advise the compensation manager to perform? (Choose the best answer.)
Correct Answer: D
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Identify the correct option regarding the Payroll element details in the compensation history setup. (Choose the best answer.)
Correct Answer: B
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You client has a requirement that allows a salary adjustment based on the numberof dependents the employee has, and this allowance must be mapped to a separate component. Because this allowance cannot have a logical mapping with any of the predefined components, you decide to create a new salary component called
"Family Allowance".
Which option would you use to achieve this? (Choose the best answer.)
"Family Allowance".
Which option would you use to achieve this? (Choose the best answer.)
Correct Answer: C
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As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for the same. Which four source types are available for selection while creating a compensation item for the total compensation statement? (Choose four.)
Correct Answer: A,B,E,F
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A corporation has set up an individual compensation plan for a contribution towards a retirement benefit.
Thiscontribution 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.)
Thiscontribution 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.)
Correct Answer: C,D,E,F
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As a compensation manager, in which four cases would you find an employee newly added to your worksheet? (Choose four.)
Correct Answer: A,B,C,F
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