[Aug-2021] Workforce Rewards Cloud 1z0-1049-20 Exam Practice Dumps
2021 1z0-1049-20 Premium Files Test pdf - Free Dumps Collection
NEW QUESTION 17
Per your client's policy on eligibility for a compensation revision cycle, employees who are in a notice period are not eligible. A particular manager is currently in a notice period, but his direct reports are still eligible for the compensation cycle. You observe that the system allows that manager to administer compensation for his direct reports.
You research this and find out that manager is still allowed to carry out the compensation allocation because his Eligibility Status is _________. (Choose the best answer.)
- A. Eligible
- B. Restricted
- C. Ineligible
- D. Provisional
- E. Limited
Answer: B
NEW QUESTION 18
Contingent workers are ineligible as per the eligibility rules defined for your organization's compensation plan. The compensation plan cycle is started. As is the standard practice, the compensation administrator schedules the "Refresh Workforce Compensation Data" nightly. A worker who was a contingent worker is now an employee of the organization and the next day shows up in Manager's worksheet. How is this possible? (Choose the best answer.)
- A. Show Ineligible Workers is selected in the compensation plan.
- B. Process Ineligible Workers is selected in the compensation plan.
- C. Hide Ineligible Workers is selected in the compensation plan.
- D. Track Ineligible Workers is selected in the compensation plan.
Answer: B
NEW QUESTION 19
Your customer must use Grade Ladders to suit the industry in which it operates. How should you define the Grade Ladders that the customer needs? (Choose the best answer.)
- A. by using LDG-specific Grade Min, Max, and Mid Point rate values
- B. by associating the Grade Ladders with legal entities
- C. by using steps and rate values
- D. by using Min, Max, and Mid Point rate values
Answer: D
NEW QUESTION 20
Which item is false regarding plan access? (Choose the best answer.)
- A. Compensation administrators have access to all plan configuration tasks for all plans.
- B. A compensation administrator's general access can be overridden using roles.
- C. Compensation managers have access to the budget sheet and worksheets for all plans and employee administration tasks.
- D. A compensation administrator's general access cannot be overridden.
Answer: D
NEW QUESTION 21
A corporation has implemented Oracle Fusion Workforce Compensation. Oracle Fusion Supplemental Earning Elements must now be created to capture ad hoc payments for eligible workforce.
Which two statements are true about element eligibility criteria for such elements? (Choose two.)
- A. You cannot define multiple eligibility criteria for each element in any case.
- B. You can define multiple eligibility criteria for each element, but there must not be any overlap between them.
- C. You can define multiple eligibility criteria for each element, but there must be an overlap between them.
- D. Some element eligibility criteria may not be available, depending on the level at which the element is attached.
Answer: A,B
Explanation:
Explanation
You can define more than one eligibility criteria for each element but there must be no overlap between them.
For example, you could create one criteria for the combination of grade A and the job Accountant. However, you could not create one criteria for grade A and a second for the job Accountant. This would imply that an accountant on grade A is eligible for the same element twice. If you have more than one criteria for an element, you can enter different default values, qualifying conditions, and costing information for each eligibility group.
NEW QUESTION 22
When upper-level managers change the plan access of one or more lower-level managers, they receive a notification informing them about the change in access. Which option do they receive to act on the notification? (Choose the best answer.)
- A. Reject
- B. Reply
- C. Accept
- D. Dismiss
Answer: B
NEW QUESTION 23
Your customer provides compensation such as salary, bonus earnings (paid twice a year), commissions, stock options, and company-paid taxes to its workers. The customer wants you to implement Compensation Statements with graphs. Which three values of the graph column will you exclude? (Choose three.)
- A. Non Monetary Values
- B. Monetary Values
- C. more than one nonmonetary unit of measure
- D. Dates
- E. Text
Answer: A,D,E
NEW QUESTION 24
When compiling Fast Formula, you receive the error message "Database item PER_ASG_ATTRIBUTE3 must have a DEFAULT statement because it was specified that null or not found is allowed." What is the cause of the error? (Choose the best answer.)
- A. incorrect operator usage
- B. misuse of context
- C. uninitialized variable
- D. syntax error
Answer: A
NEW QUESTION 25
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.)
- A. Parallel approvals are not fully supported, but notifications can be sent to all members in parallel using the list builder resource option and configuring Application Role. However, the first person who claims the notification can approve it, and this ends the process and the other members lose control over the approval of the notification.
- B. A parallel approval option is not available and any approval configured is always sequential.
- C. Parallel approvals are supported and can be configured using Static approval groups. Only after all the approvers approve will the process end.
- D. Parallel approvals are supported by configuring the Application role option in the Resource list builder.
Only after all the approvers approve will the process end.
Answer: C
NEW QUESTION 26
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 can be run only after Back Out Workforce Compensation Data is run with the "Full Back Out" option.
- B. Purge Workforce Compensation Data can be run only for compensation plans with Inactive status.
- C. Purge Workforce Compensation Data can be run only for compensation plans that are valid for the future.
- D. 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.
Answer: A
NEW QUESTION 27
Performance ratings are enabled in the compensation plan. Which three statements are correct regarding performance ratings? (Choose three.)
- A. You can allow managers to enter performance ratings during the compensation cycle to be used only in the compensation plan.
- B. You can allow managers to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.
- C. You cannot make completed performance document and corresponding ratings from Oracle Fusion Performance Management available to managers in the compensation worksheet.
- D. If you use performance ratings while allocating compensation, you can display the latest ratings to the managers during the compensation cycle.
Answer: A,B,D
NEW QUESTION 28
While configuring the Budget page, you enable the "Compensation Performance Rating" column from which section? (Choose the best answer.)
- A. Detail table
- B. Worker List
- C. Information
- D. Summary
- E. Actions
Answer: A
NEW QUESTION 29
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.)
- A. Enable components and create at least one component (Configure Compensation Components).
- B. Configure related components (Configure Worksheet Page Layout: Detail Table tab.)
- C. Enable the Communications tab type (Configure Worksheet Page Layout).
- D. Enable components and create a component linked to the budget pool (Configure Compensation Components).
Answer: D
NEW QUESTION 30
Your customer's Workforce Compensation Plan for Annual Salary Review is set up with the following dates in the Plan Cycle:
* Evaluation Period Start Date: 1-Jan-2014
* Evaluation Period End Date: 31-Dec-2014
* Worksheet Update Period Start Date: 1-Jan-2014
* Worksheet Update Period End Date: 31-Dec-2014
* HR Data Extraction: 31-Dec-2014
* Eligibility Determination Date: 31-Dec-2014
There is a worker with a termination date of 30-Oct-2014. When the Transfer Data to HR process is run, it fails for this worker. What should you do to successfully add the lump sum award element entries and salary adjustments? (Choose the best answer.)
- A. The salary adjustment or lumpsum effective date must be later that the worker's payroll last standard process date.
- B. Terminated workers should be excluded from being processed in Workforce Compensation plans.
- C. The worker termination date should be changed to reflect the same date as the HR Data Extraction date.
- D. The salary adjustment or lumpsum effective date must be earlier than or equal to the worker's termination date.
- E. The salary adjustment or lumpsum must be manually calculated and added for such workers.
Answer: D
NEW QUESTION 31
Which is the correct priority of deduction information from highest to lowest? (Choose the best answer.)
- A. 1.Personal deduction card (payroll relationship level). 2. Tax reporting unit deduction card. 3. Payroll statutory unit deduction card. 4. Payroll deduction range values (legislative data group level).
- B. 1.Personal deduction card (payroll relationship level). 2. Payroll deduction range values (legislative data group level) 4. Payroll statutory unit deduction card. 4. Tax reporting unit deduction card.
- C. 1. Payroll statutory unit deduction card. 2. Tax reporting unit deduction card. 3. Payroll deduction range values (legislative data group level) 4. Personal deduction card (payroll relationship level).
- D. 1. Personal deduction card (payroll relationship level). 2. Payroll statutory unit deduction card. 3. Tax reporting unit deduction card. 4. Payroll deduction range values (legislative data group level).
Answer: A
NEW QUESTION 32
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