1Z0-1049 Test - Oracle Valid Practice Questions Oracle Compensation Cloud 2019 Implementation Essentials Sheet - Omgzlook

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QUESTION NO: 1
What happens if eligibility requirements are different for components than they are for a plan? (Choose the best answer.)
A. Plan-level eligibility is ignored and a warning is reported.
B. Component-level eligibility is evaluated before plan-level eligibility.
C. Plan-level eligibility is evaluated before component-level eligibility.
D. Component-level eligibility is ignored and a warning is reported.
E. This is not possible. Component-level eligibility is always identical to plan-level eligibility.
Answer: C

QUESTION NO: 2
As a compensation executive, you are required to upload stock data sent by a vendor of a corporation into the Fusion application.
Which option is the correct method to do so? (Choose the best answer.)
A. Manage Stock Grants >> Import Source
B. Manage Stock Grants >> Import Items
C. Manage Stock Grants >> Prepare Import Spreadsheet
D. Manage Stock Grants >> Import Category
Answer: C

QUESTION NO: 3
A corporation has implemented Oracle Fusion Workforce Compensation. Per business requirements, the Fusion consultant must integrate Oracle Fusion Workforce Compensation with
Oracle Fusion Benefits to fetch the value of Benefits Amount as one of the input values for the
Benefit element to get the eligible salary of an employee for the compensation process.
Identify the option that will enable fetching of the Benefits Amount value. (Choose the best answer.)
A. Select the "Allow User Entry" and "Create a Database Item" check boxes for the element input value.
B. Create an "Amount" input value at the element eligibility link level.
C. Select "Pay Separately" as the "Special Purpose" option.
D. Database items are created by default for the element input values.
Answer: A

QUESTION NO: 4
You are configuring a plan cycle date that should be visible to managers on the Approvals tab so that they can submit their worksheets before that date. But you do not want to enforce the date because you want the managers to be able to submit their worksheets even after the date is past.
Which date should you use?
(Choose the best answer.)
A. HR extraction date
B. default date due
C. evaluation period start and end dates
D. currency conversion date
E. worksheet update start and end dates
Answer: B

QUESTION NO: 5
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 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.
B. Configure Worksheet update period start and end dates from January 1 to December 31 of the year.
C. 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.
D. Configure Plan access start and end dates from January 1 to December 31 of the year.
Answer: A

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Updated: May 28, 2022