Oracle Compensation Cloud 2020 Implementation Essentials - 1z0-1049-20 Exam Practice Test

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.)

Correct Answer: C,D,E,F Vote an answer
An organization uses Compensation Statement for its workers in the UK. One of the categories used in the statement has the display name as One-Time Bonus. As an implementation consultant, you are in the process of configuring a new Compensation Statement for workers in India. You decide to reuse the category for the new Compensation Statement. In the process of configuring the Statement Definition, you update the Compensation Category display name to Annual Bonus. However, when the Compensation Statement for workers in the UK displays, it continues to show the Category display name as One-Time Bonus.
What is the cause for this? (Choose the best answer.)

Correct Answer: D Vote an answer
A corporation is implementing Oracle Fusion Workforce Compensation and must set up salary bases.
Employees are assigned different grades within the organization and the salaries are dependent on the grades.
What is the correct way to set up the salary bases? (Choose the best answer.)

Correct Answer: A Vote an answer
Identify the delivered workflow task for variable allocation approvals that has no rules. (Choose the best answer.)

Correct Answer: E Vote an answer
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Your customer's compensation manager needs to know, what are the four valid statuses of the compensation worksheet? (Choose four.)

Correct Answer: B,E,F,G Vote an answer
What are two attributes of primary element classifications? (Choose two.)

Correct Answer: B,E Vote an answer
While configuring the Budget page, you enable the "Compensation Performance Rating" column from which section? (Choose the best answer.)

Correct Answer: E Vote an answer
Your customer has employees located in four countries (Unites States, Japan, India, and Germany) and each country has a specific salary range. How would you configure the salary bases? (Choose the best answer.)

Correct Answer: D Vote an answer
Which statement is true regarding elements? (Choose the best answer.)

Correct Answer: A Vote an answer
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As compensation manager, you are creating a Salary and Bonus earnings compensation item to define a total compensation statement. Per system requirements, you must select an appropriate source type to show the correct information on the statement.
Select the correct "Source Type". (Choose the best answer.)

Correct Answer: D Vote an answer
Which is the correct priority of deduction information from highest to lowest? (Choose the best answer.)

Correct Answer: C Vote an answer
While configuring the Budget page, which five tabs are available in Page Layout? (Choose five.)

Correct Answer: A,B,C,E,G Vote an answer
A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up the Deductions options.
If Deduction cards are supported at multiple levels, which task in the Setup and Maintenance Work area is used to create deduction card overrides at the Payroll Statutory Unit level? (Choose the best answer.)

Correct Answer: D Vote an answer
Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).
A corporation is implementing Oracle Fusion Workforce Compensation and has set up an individual compensation plan for a contribution. This contribution has to be approved by the four members in parallel.
Identify the correct option regarding parallel approvals. (Choose the best answer.)

Correct Answer: D Vote an answer
As an implementation consultant, you are required to define a total compensation statement. To construct the total compensation statement, you must follow a set of activities in sequence.
Select the correct sequence to construct a total compensation statement. (Choose the best answer.)

Correct Answer: D Vote an answer

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