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Note! Following 1z0-1049-22 Exam is Retired now. Please select the alternative replacement for your Exam Certification. The new exam code is 1z0-1049-23

1z0-1049-22 Exam Dumps - Oracle Compensation Cloud 2022 Implementation Professional

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Question # 17

You are required to explain to your client the use of Hierarchy design in Compensation Process. Which two Compensation-related activities use Hierarchy? (Choose two.)

A.

Approval routing

B.

Allocating budgets

C.

Plan access

D.

Sending Compensation alerts

E.

Feedback survey

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Question # 18

A corporation is implementing OracleFusion 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.

Setup different salary bases for different grades with the same payroll element. The frequency of both salary basis and the 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 should 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 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.

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Question # 19

While administering compensation for the workforce, a manger accidentally approves a lower manager’s worksheet.

Which three statements will be true in this case? (Choosethree.)

A.

The lower-level manager can withdraw the submission and reprocess the compensation allocation.

B.

The lower-level manager’s access level is changed to “Approved.”

C.

Lower-level managers can no longer make any updates to their worksheets.

D.

The worksheet goes to next level for approval.

E.

The lower-level manager can still make changes in the worksheet and resubmit it for approval.

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Question # 20

Your customer’s compensation managerneeds to know, what are the four valid statuses of the compensation worksheet? (Choose four.)

A.

Budget Available

B.

Started

C.

Submitted

D.

Partially approved

E.

Unprocessed

F.

Fully Approved

G.

Processed

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Question # 21

Identify three event-driven configurations that can be changed for the delivered variable allocation approval tasks as per business requirements. (Choose three.)

A.

Assignment and Routing Policies

B.

Escalation and Expiration Policies

C.

Approval and Rejection Policies

D.

Notification Settings

E.

Data Driven Routing

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Question # 22

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 Amountas 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.

Database items are created by default for the element input values.

C.

Select “Pay Separately” as the “Special Purpose” option.

D.

Create an “Amount” input value at the element eligibility link level.

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Question # 23

Which three statements are true about individual compensation plans? (Choose three.)

A.

A user’s ability to access or make updates to awards in individual compensation plans may be restricted by the user’s association to a Legislative Data Group.

B.

Individual compensation plans are not necessary for payment of items such as spot bonus.

C.

Individual compensation plans are necessary for payment of items such as spot bonus.

D.

Workers are individual compensation plans to manage their own contributions to charitable or savings plans.

E.

Individual compensation plans define compensation that managers can award to individual workers outside of the regular compensation cycle, such as spot bonus or education reimbursement.

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Question # 24

A manager publishes budgets as amounts to the managers reporting to him. The following table shows the allocations made to each direct report(managers) and the total salaries of the employees in their chain.

Now, one of Manager 2’s employees with eligible salary of $ 100,000 is reassigned to Manager 3. What will be the impact on Budget Percentage? (Choose the best answer.)

A.

No impact. The budget allocated to the employee will automatically be allocated to Manager 3. Budget percentage will remain as 10.

B.

Allocated budget will not change. Budget percentage of Manager 2 will increase to 12.5% and Manager 3 will decrease to 8%.

C.

Allocatedbudget will not change. Budget percentage of Manager 3 will increase to 12.5% and Manager 2 will decrease to 8%.

D.

Budget allocated for the employee will be released back to the manager for reallocation. Budget percentage will remain unchanged.

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