Oracle 1Z0-1049-21

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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question #1
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 actionsother 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.

Question #2
The Fusion Compensation module must be integrated with Fusion Performance Rating. In which three ways can the performance rating be made available? (Choose three.)

A. Use compensation performance ratings.
B. Integrate with Oracle Fusion Performance Management.
C. Integrate with Oracle Fusion Goal Management.
D. Integrate with Oracle Fusion Profile Management.
E. Use both Performance Management ratings and compensation ratings.

Question #3
A corporation is implementing Oracle Fusion Workforce Compensation and has set up an individual compensation plan for a contribution. This contribution has to be approved by the four members in parallel.
Identify the correct option regarding parallel approvals. (Choose the best answer.)

A. Parallel approvals are not fully supported, but notifications can be sentto all members in parallel using the list builder resource option and configuring Application Role. However, the first person who claims the notification can approve it, and this ends the process and the other members lose control over the approval of thenotification.
B. Parallel approvals are supported by configuring the Application role option in the Resource list builder.
Only after all the approvers approve will the process end.
C. A parallel approval option is not available and any approval configured is always sequential.
D. Parallel approvals are supported and can be configured using Static approval groups. Only after all the approvers approve will the process end.

Question #4
You want to use the Workforce Compensation Budget pool for a workforce compensation plan. Select the tasks to be performed, in the correct sequence. (Choose the best answer.)

A. Configure the workforce compensation budget pool, Configure the workforce compensation plan details, Run the Start Compensation Cycle process, Create the workforce compensation plan, Create at least one worksheet compensation component and associate the budget pool with it.
B. Create the workforce compensation plan, Configure the workforce compensation budget pool, Configure the workforce compensation plan details, Create at least one worksheet compensation component and associate the budget pool with it, Run the Start Compensation Cycle process
C. Create the workforce compensation plan, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Configure the workforce compensation plandetails, Run the Start Compensation Cycle process.
D. Run the Start Compensation Cycle process, Create the workforce compensation plan, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Configure the workforce compensation plan details.
E. Create the workforce compensation plan, Configure the workforce compensation plan details, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Run the StartCompensation Cycle process.

Question #5
After the compensation plan was configured, the Validate Plan Setup process was run successfully with no warnings or errors. However, when the worksheet is accessed by a Line Manager, the Line Manager notices that employees who are ineligible are also visible in the worksheet despite running the Validate Plan Setup process.
What is the reason for this?(Choose the best answer.)

A. The Validate Plan Setup process does not validate eligibility profiles.
B. The compensation administrator did not run the Validate Plan Setup process and run the Start Compensation Cycle process instead.
C. The Validate PlanSetup process failed to report errors from the eligibility profiles.
D. The Validate Plan Setup process showed a warning about errors on the eligibility profiles, which was ignored by the compensation administrator.

Solutions: