Free Online Oracle 1Z0-1049-23 Practice Test

Prepare Your Oracle 1Z0-1049-23 Exam Questions with Free online 1Z0-1049-23 Practice Test. Get Brilliant Oracle Compensation Cloud 2023 Implementation Professional Exam Results with Valid 1Z0 1049 Exam Dumps.

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Total 181 Questions | Updated On: Apr 25, 2024

Question 1

Performance Ratings are enabled in a compensation plan and a Rating Model is supposed to be created. Which two mandatory tasks are involved in creating the Rating Model? (Choose two.)

A : Create a Rating Level for the rating model.

B : Review points with from and to points entered for the rating level.

C : Populate Rating Categories for all rating levels.

D : Create Target Distributions for each of the rating levels.

Answer: C,D

Question 2

While working on a budget sheet or a compensation worksheet, a manager chooses to use the “Export to Excel workbook” option to do his or her work. Which four of the following steps would he or she need to perform upon clicking the “Export to Excel workbook” option and prior to finalizing his or her proposal and submitting it for approval? (Choose four.)

A : Download and authenticate workbooks.

B : Edit the workbook data.

C : Filter the edits and upload only the edited fields.

D : Resolve errors created by the uploaded file.

E : Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file

F : Repeat the steps as many times as necessary to accommodate the revisions.

Answer: A,C,D

Question 3

Identify the two valid formula types applicable for Workforce Compensation Plans. (Choose two.)

A : Compensation Currency Selection

B : Compensation Organization Selection

C : Compensation Item Selection

D : Compensation Person Selection

E : Compensation amounts Selection

Answer: A,C

Question 4

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 sent to 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 the notification.

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 : Parallel approvals are supported and can be configured using Static approval groups. Only after all the approvers approve will the process end.

D : A parallel approval option is not available and any approval configured is always sequential.

Answer: C

Question 5

You are the compensation manager of a corporation. Which four tasks can you perform while administering compensation for your workforce? (Choose four.)

A : Create and manage models for use by line managers or by administrators to distribute compensation directly to employees.

B : Override line manager allocations, job changes, and performance ratings.

C : Maintain currency rates and access to plans from the watchlist.

D : Analyze plan results.

E : Run processes to initiate a compensation cycle.

Answer: A,B

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Total 181 Questions | Updated On: Apr 25, 2024