1Z0-1049 Tests - Oracle Valid Oracle Compensation Cloud 2019 Implementation Essentials Test Notes - Omgzlook

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1Z0-1049 PDF DEMO:

QUESTION NO: 1
As an implementation consultant, you are required to create an element for capturing the bonus awarded in the compensation cycle. Which two statements are correct regarding the input values of the element created?
(Choose two.)
A. The automatically created Amount input value is identified as the primary input value.
B. It is possible to link the same element but different input values to different components or options within the same compensation plan.
C. No additional configuration is required to attach this element to the workforce compensation plan component.
D. Element entries are created for all the input values of the element.
E. You must manually mark the Amount input value as the primary input value in the Special Purpose field.
Answer: A,C

QUESTION NO: 2
While configuring the Budget page, which five tabs are available in Page Layout? (Choose five.)
A. Detail table
B. Worker List
C. Comments
D. Summary
E. Budgeting
F. Actions
G. Information
Answer: A,B,D,E,F

QUESTION NO: 3
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

QUESTION NO: 4
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: 5
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.)
A. Set up different salary bases for different grades and different payroll elements, because the payroll element can be attached to only one salary basis. The frequency of both salary basis and grade rate should match.
B. Set up different salary bases for different grades and different payroll elements, because the payroll element can be attached to only one salary basis. The frequency of both salary basis and grade rate need not match.
C. Set up different salary bases for different grades with the same payroll element. The frequency of both salary basis and grade rate need not match.
D. Set up different salary bases for different grades with the same payroll element. The frequency of both salary basis and the grade rate should match.
Answer: A

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Updated: May 28, 2022