1Z0-1049-21 Dumps PDF – 1Z0-1049-21 Real Exam Questions Answers [Q29-Q43]

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1Z0-1049-21 Dumps PDF – 1Z0-1049-21 Real Exam Questions Answers

Get Started: 1Z0-1049-21 Exam [year] Dumps Oracle PDF Questions

QUESTION 29
A corporation has set up an individual compensation plan for a contribution. This contribution needs an approval hierarchy to be set up.
Identify the four correct optionsregarding approval setup. (Choose four.)

Approvals can be set up to be completed when one of the approvers takes an action such as Approve or Reject.

The notifications sent to the approvers can be made actionable.

Expiry, Escalation, and renew settings are possible for notifications.

Reminders can be set for a fixed duration either before expiration or after assignment.

Task attachments cannot be sent using email notifications.

QUESTION 30
An organization provides compensation such as salary and bonus earnings for its workers. It also tracks commissions and company-paid taxes for them.
Which two statementsare true when configuring the items? (Choose two.)

Benefit Balance will require you to specify the Legislative Data Group as the Additional Data Entry.

Element Entry will require you to specify the Legislative Data Group as the Additional Data Entry.

Formula will require you to specify the Legislative Data Group as the Additional Data Entry.

Payroll Balance will require you to specify the Legislative Data Group as the Additional Data Entry.

QUESTION 31
Your customer has employees located in four countries (Unites States, Japan,India, and Germany) and each country has a specific salary range. How would you configure the salary bases? (Choose the best answer.)

Create one salary basis and four different grade rates, and attach the grade rate to the salary basis at the employeelevel.

Create four salary bases and one grade rate, and define different ranges for the same grade rate while attaching the grade rate to the salary bases.

Create four salary bases and four grade rates, and attach the grade rates to the salary bases.

Create one salary basis and one grade rate, and define different ranges for the salary basis at the employee level.

QUESTION 32
If you enable Performance Ratings and rate workers within WorkforceCompensation, which two statements are true? (Choose two.)

Managers can rate workers as they allocate compensation.

These ratings are used across compensation plan and cycles.

The ratings are transferred to the Performance Management system or toHR.

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

QUESTION 33
A corporation has implemented Oracle Fusion Workforce Compensation and set up an individual compensation plan with the following details.
* Name: Variable component
* Restrict plan access: Yes
* Action: Manage Contributions
* Access Level: New
* Allocations: Always Allow
* Update Allocations: Never Allow
* Discontinue Allocations:”Allowed during a specific period” with the period start and end dates configured.
Identify the correct option for the possible actions. (Choose the best answer.)

All Employees will be able to start the contribution anytime, update never, butdiscontinue during the period defined.

Only managers will be able to start the contribution anytime, update never, but discontinue during the period defined for any specific employee by using the manager dashboard.

The plan setup is always for HR totake actions and, therefore, only HR will be able to start the contribution anytime, update never, but discontinue during the period defined for any specific employee.

The contribution will be automatically added to all the employees in the payroll andHR can discontinue allocations on a request basis.

QUESTION 34
Which two statements are true about Base Pay? (Choose two.)

For Base Pay earnings elements, eligibility is determined by the salary basis that is assigned to the worker.

You attach elements at various levels in the Salary object hierarchy to create deductions and earnings that can be processed in a payroll run to calculate Base Pay.

You attach a single earnings element to each salary basis to hold Base Pay earnings, and assign a salary basis to each worker to calculate Base Pay.

You enter a salary basis for each worker that becomes the worker’s Base Pay earnings.

For BasePay earnings elements, eligibility is determined by the deduction basis that is assigned to the worker.

QUESTION 35
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 canthe compensation currency be displayed? (Choose three.)

Preferred currency

Each employee’s local currency

The corporate currency

Only one currency can be displayed

QUESTION 36
Your customer is planning to configure an Individual Compensation Company Car Plan to include only the Sales department employees. The customer alsowants to restrict luxury model vehicles to executive positions.
Which three statements are true about accomplishing this? (Choose three.)

Create an eligibility profile to include only the Sales department and attach it to Company Car Plan.

Createan eligibility profile to include executive positions and attach it to Company Car Plan.

Create an eligibility profile to include the Sales department and the executive positions and attach it to Company Car Plan and the Luxury models option.

Createan eligibility profile to include the executive positions and attach it to the Luxury models option.

You cannot achieve this because you cannot attach eligibility profiles with Plan and Option.

You can attach eligibility profiles with Plan, Option, or both.

QUESTION 37
In the workforce compensation work area, the Manager’s Worksheet Status is “In Approvals”. What progress has the compensation manager made through a workforce compensation cycle? (Choose the best answer.)

A budgetwas published to the manager.

The manager submitted his or her worksheet for approval.

The first-level manager approved the manager’s worksheet.

The highest-level manager or approver in the approval hierarchy approved the manager’s worksheet.

The manager saved some changes to his or her worksheet.

QUESTION 38
Which two tasks are true aboutcomponents in worksheet configurations? (Choose two.)

Plans must have at least one component if awarding compensation.

You can create up to five components to represent the different types of compensation that you want to award within a plan.

Each component has to be of a separate type, such as salary or bonus.

There is the flexibility to add any number of components within a compensation plan.

QUESTION 39
Your client has a requirement where work-at-home assignments are not eligible for an employee compensation revision cycle. To facilitate capturing work-at-home assignment, you have created a custom column and associated a List of Values (LOV) with values “Yes” and “No”. Now you wish to create an eligibility profile around this. Which is the correct option? (Choose the best answer.)

User-defined-criteria-based eligibility profile on “Work-at-home” and value = “Yes” with exclude option selected

User-defined-criteria-based eligibility profile on “Work-at-home” and value = “Yes” with exclude option deselected

User-defined-criteria-based eligibility profile on “Work-at-home” and value = “No” with exclude option selected

Derived-factor-based eligibility profile based on the “Work-at-home” column

QUESTION 40
While creating a compensation plan, the compensation manager of your client’s organization chooses to enable Compensation Change statement. As an implementation consultant, which is the dependent configuration that you would advise the compensation manager to perform? (Choose the best answer.)

Enable components and create at least one component (Configure Compensation Components).

Enable the Communications tab type (Configure Worksheet Page Layout).

Enable components and create a component linked to the budget pool (Configure Compensation Components).

Configure related components (Configure Worksheet Page Layout: Detail Table tab.)

QUESTION 41
As an implementation consultant, you have defined a total compensation statement. From a security perspective, you are required to identify a key user who will have access to view the total compensation statement.
Which role is mandatory to view the compensation statement? (Choose the best answer.)

Compensation Analyst

Compensation Executive

Compensation Specialist

Compensation Manager

QUESTION 42
Your customer has standard working hours = 40 hours per week. An employee has the following salary basis setup:
* Working hours = 32 hours per week
* Base pay = 20 USD per hour
What will be the employee’s Annual Salary and Annualized full-time salary? (Choose the bestanswer.)

Annual Salary = 32280, Annualization Salary = 41600

Annual Salary = 52000, Annualization Salary = 41600

Annual Salary = 41600, Annualization Salary = 41600

Annual Salary = 32280, Annualization Salary = 52000

QUESTION 43
A corporation started giving performance bonuses to eligible employees on a monthly basis. As a compensation administrator, you are required to display performance bonuses withsimilar or related compensation items.
How will you configure this requirement in the Fusion application? (Choose the best answer.)

Attach performance bonuses to similar compensation items.

Attach performance bonuses to similar compensation categories/subcategories.

Attach performance bonuses to similar elements.

Attach performance bonuses to similar sources.