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1z0-1049-22 Questions and Answers

Question # 1

Your client wants you to create a single Compensation Change statement that includes compensation awarded for multiple plans. What would you, as an implementation consultant, advise your client? (Choose the best answer.)

A.

Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.

B.

Create a custom data model that can pull compensation awarded from different plans and display the data using a BI publisher layout.

C.

Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.

D.

This is possible only in the on-premises model using customization and is not possible in an Saas instance. Therefore, you would respondaccordingly to the client.

Question # 2

Which two tasks are performed by compensation managers while determining budgets? (Choose two.)

A.

Manually calculatebudget amounts or automatically determine budget amounts by using a model.

B.

With administrative budgeting, enable managers to award compensation within their allocated budget amounts by automatically publishing budget amounts.

C.

Determine budget amountsoffline by downloading budget details to a spreadsheet.

D.

Publish budgets to line managers to distribute budgets down the reporting hierarchy or to allocate budget amounts at the employee level.

Question # 3

You have configured acompensation plan to include ratings from the performance management system. For one particular division, the performance ratings have not been finalized and are shown as blank on the compensation worksheet. The manager updates the performance rating whileallocating compensation. What happens in this case? (Choose the best answer.)

A.

The rating will be available to only the plan where it is updated.

B.

The rating will be available to all plans that are currently active.

C.

The rating will be available inthe Performance document in the performance system.

D.

The rating will be available to only the plans where the same manager is involved.

Question # 4

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.

Question # 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 areJanuary 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 ofthe year.

B.

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.

C.

Configure Plan access start and end dates from January 1 to December31 of the year.

D.

Configure Worksheet update period start and end dates from January 1 to December 31 of the year.

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