1Z1-1000 Review - Oracle Workforce Compensation Cloud 2018 Implementation Essentials Valid Test Notes - Omgzlook

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1Z1-1000 PDF DEMO:

QUESTION NO: 1
Identify the four correct options about the summary tables in the compensation history.
(Choose four.)
A. The summary table of other compensation gives detailed information about effective date, amount, currency, and grand total information about all awards.
B. The Salary summary table gives detailed information about salary history, percentage change, compa-ratio, and growth rate.
C. The summary table of recruiting payments gives detailed information about effective date, amount, currency, and grand total information for an individual award or compensation amounts.
D. The Stock summary table gives detailed information about grant date and price, granted, vested, and unvested shares, and the estimated value of unvested shares.
E. The summary table of payroll elements gives detailed information about element, input value, actual value and the grand total for the year.
Answer: B,C,D,E

QUESTION NO: 2
A corporation has implemented Oracle Fusion Workforce Compensation. A custom element was created to capture the entry value for four input values. Data load is performed by the Batch
Loader, but the associated Daily Business Intelligence (DBI) is returning the entry value corresponding only to the first input value.
Identify the option that will enable the DBI to return all the input variables. (Choose the best answer.)
A. Delete the existing element link and create a new element link, which will automatically create all four input values.
B. This scenario cannot be implemented.
C. Create a new element from scratch.
D. Create status processing rules for the input values.
Answer: C

QUESTION NO: 3
A corporation has set up an individual compensation plan for a contribution towards a retirement benefit. This contribution must be approved by the four-level manager hierarchy.
Identify all the four builders that support a restriction for the number of levels. (Choose four.)
A. Resource
B. Job Level
C. Department Level
D. Management Chain
E. Supervisory
F. Position
Answer: A,B,C,E

QUESTION NO: 4
What are two attributes of primary element classifications? (Choose two.)
A. They are not editable.
B. They are editable.
C. They are predefined.
D. They are user defined.
E. They are globally applicable.
Answer: A,D

QUESTION NO: 5
You are configuring a work-administered individual compensation plan where your workers can enroll in the plan anytime during the year, but can discontinue their contributions only in the month of March each year.
How should you achieve this? (Choose the best answer.)
A. Make the plan available for all actions in the list with access level for each action Always allowed.
B. Do not select any additional actions other than Manage Contributions with access level as Create:
Always allowed; Update: Allowed during a specified period; Discontinuing: Never allowed.
C. Do not select any additional actions other than Manage Contributions with access level for each action as Create: Always allowed; Update: Never allowed; Discontinuing: Allowed during a specified period.
D. Select specific HR actions such as transfer, promotion, and new hire for the plan with access level for each action allowed during a specific period.
Answer: C

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Updated: May 28, 2022