Oracle Compensation Cloud 2019 Implementation Essentials (1Z0-1049) Free Practice Test

Question 1

When a manager clicks the "Prepare in workbook" option, while processing compensation changes, what population would she or he see in the exported Excel spreadsheet? (Choose the best answer.)

A. Entire organization's population under that manager

B. Worksheet population

C. Direct Reports

D. Budget sheet population

E. The filtered population

Correct Answer: B

Question 2

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. Ineligible

C. Provisional

D. Limited

E. Restricted

Correct Answer: E

Question 3

Which three statements are true regarding plan cycles? (Choose three.)

A. You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.

B. Active plans are available to be cross-referenced, except plans with no started cycles.

C. You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.

D. All active plans are available to be cross-referenced, even plans with no started cycles.

E. You can display a target amount or custom score from a previous plan cycle in the current plan cycle.

Correct Answer: A,D,E

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Question 4

Identify three event-driven configurations that can be changed for the delivered variable allocation approval tasks as per business requirements. (Choose three.)

A. Data Driven Routing

B. Approval and Rejection Policies

C. Assignment and Routing Policies

D. Escalation and Expiration Policies

E. Notification Settings

Correct Answer: A,C,E

Question 5

A corporation implemented Oracle Fusion Core HR on a three-tier model with Multiple Employment Terms with Multiple Assignments as the employment model. An employee of the corporation has multiple assignments and multiple employment terms on different payroll frequencies.
What kind of salary basis must be associated with the employee? (Choose the best answer.)

A. One salary basis for all assignments and employment terms

B. One salary basis for each employment terms and one of them can be used for assignment

C. A different salary basis associated with each assignment or employment term.

D. One salary basis for each assignment and one of them can be used for the employment terms

Correct Answer: B

Question 6

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. The corporate currency

B. Preferred currency

C. Each employee's local currency

D. Only one currency can be displayed

Correct Answer: A,B,C

Question 7

ESTION NO: 175
Your Workforce Compensation Plan has the following Plan Cycle setup:
* 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
* Worksheet Update Period Start Date: 1-Nov-2014
* Worksheet Update Period End Date: 31-Jan-2015
Due to reorganization in the month of December 2014, the Marketing department was split into two new departments: Branding and Communications, which resulted in transfers of many employees from one manager to another.
You, as the compensation administrator, are required to ensure that all the relevant organizational changes are included in the Compensation Worksheet. What would you have to do to accomplish this? (Choose the best answer.)

A. Run the Refresh Workforce Compensation Data process on 1-Nov-2014 because that is the date when line managers start updating the worksheet.

B. Validate Plan Setup to ensure that all HR Data updates are accounted in the worksheet.

C. Schedule the Refresh Workforce Compensation Data process nightly to ensure that line managers see the most current data, including the recent transfers and other employment changes.

D. Run the Back Out Workforce Compensation Data process with the "Full back out" option.

Correct Answer: C

Question 8

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. 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.

C. Parallel approvals are supported and can be configured using Static approval groups. Only after all the approvers approve will the process end.

D. A parallel approval option is not available and any approval configured is always sequential.

Correct Answer: C

Question 9

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 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.

B. 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.

C. Configure Plan access start and end dates from January 1 to December 31 of the year.

D. Configure Worksheet update period start and end dates from January 1 to December 31 of the year.

Correct Answer: B

Question 10

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.)

A. Workers in the UK need to refresh their statements in order to see the updated display name.

B. The Compensation Statement Definition synchronization process needs to be run to update the Compensation Category display name in all statement definitions.

C. The Compensation Category display name is specific to a Statement Definition.

D. After the Compensation Statement is generated for workers in India, the Category display name of Annual Bonus will start reflecting in the Compensation Statement of workers in the UK.

Correct Answer: D

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Oracle Compensation Cloud 2019 Implementation Essentials (1Z0-1049) Free Practice Test