1Z0-1049-22 Online Practice Questions and Answers

Yourcustomer's company spans multiple countries. It follows a global salary increase process in the month of May and awards bonuses twice a year in the month of June and December for workers who are employed in various countries. As an implementation consultant, you must define Statement Periods for the Compensation Statement. Which three options will you consider? (Choose three.)

A. an optional welcome message

B. the conversion rate date for currency conversions

C. the date that statements become available toworkers

D. the date when bonus is awarded to workers

E. the date when merit increases are awarded to workers

An employee of a corporation is on a weekly payroll with an hourly rate of 20 USD. Identify the correct

option for the frequency shown in the base rate of compensation history.

(Choose the best answer.)

A. hourly, because the employee has hourly pay

B. weekly, because the employee is on a weekly payroll

C. annually, because the history must always be shown with annual amounts

D. the frequency of the employee's salary basis

During thecompensation review cycle, which two actions occur when a manager is allocated a zero or null budget? (Choose two.)

A. The manager can manually allocate some budget for his team.

B. The manager does not have access to the plan.

C. The manager will have read-only access.

D. The available budget becomes negative when the manager makes allocations.

A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up Calculation Factors for the deduction elements setup.

Which two statements are correct regarding the Calculation Factors? (Choose two.)

A. Calculation Factors indicate which deduction range to use whencalculating the deduction amount.

B. The Manage Deduction Ranges task in the Payroll Calculation work area is used to view the calculation factors defined.

C. Calculation Factors define which classifications of earnings to consider when calculating the basis for the deduction element.

D. The Manage Deduction Group Rates task in the Payroll Calculation work area is used to view the calculation factors defined.

You can use predefinedalerts to notify managers about issues on the worksheet that need their attention.

Which four predefined alerts are available? (Choose four.)

A. Salary changed in HR

B. Allocation outside target range

C. Grade changed in HR

D. Job changed in HR

E. Workerwas terminated

F. Worker is on long-term leave

When compiling Fast Formula, you receive the error message "Database itemPER_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. misuse of context

B. uninitialized variable

C. incorrect operator usage

D. syntax error

Which four statements are true if you enable Performance Ratings and integrate with Oracle Fusion Performance Management? (Choose four.)

A. You can display overall and calculated performance ratings given in the Performance Management system and provide access to the full performance document from within the worksheet.

B. You select the performancetemplate or document name and the period to make available, and whether to display only completed ratings or ratings in any status.

C. You have the option to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.

D. You need to refresh the HR data for ratings updated in Performance Management so they are updated in the worksheet.

E. You can also display the Performance Rating History column in the worksheet to see historical ratings given inthe Performance Management system.

You are responsible for configuring variable allocationsto manage approvals for individual compensation plans. Your company wants to control plan availability by using defaults. What are the default attributes of the actionable Variable Allocation task? (Choose the best answer.)

A. The task is only for notification and has no rules.

B. The task applies to all allocations, uses two levels of the Supervisory list builder, and does not require a response from the current approver.

C. The task applies to selected allocations, uses two levels of the Supervisory listbuilder, and requires a response from the current approver.

D. The task applies to all allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver.

If you enable Performance Ratings and rate workers within Workforce Compensation, which two statements are true? (Choose two.)

A. Managers can rate workers as they allocate compensation.

B. These ratings are used across compensation plan and cycles.

C. The ratings are transferred to the Performance Management system or to HR.

D. You can display compensation ratings given in the previous plan cycle as a column in the worksheet.

You are creating grade rates. What values are necessary for any grade rate that you create? (Choose the best answer.)

A. Minimum, Maximum, MidPoint, and Value

B. Minimum, Maximum, Mid Point, or Value

C. Minimum, Maximum, and Value

D. Minimum, Maximum, or Value