Oracle 1Z0-1049-24 Exam Real Questions

Prepare and pass your Oracle Compensation Cloud 2024 Implementation Professional with free 1Z0-1049-24 exam questions.

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Total 181 Questions | Updated On: Oct 10, 2024

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Question 1

As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for the same. Which four source types are available for selection while creating a compensation item for the total compensation statement? (Choose four.)

A : ement Entry

B : nefit Balance

C : rmula

D : yroll Balance

E : duction Range

F : put Value

Answer: A,B,C,D

Question 2

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 options regarding approval setup. (Choose four.)

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

B : notifications sent to the approvers can be made actionable.

C : piry, Escalation, and renew settings are possible for notifications.

D : minders can be set for a fixed duration either before expiration or after assignment.

E : k attachments cannot be sent using email notifications.

Answer: A,B,C,D

Question 3

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

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

C : dividual compensation plans are necessary for payment of items such as spot bonus.

D : rkers are individual compensation plans to manage their own contributions to charitable or savings plans.

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

Answer: A,C,D

Question 4

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 : eate a Rating Level for the rating model.

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

C : pulate Rating Categories for all rating levels.

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

Answer: C,D

Question 5

Your customer wants to limit contributions to a particular individual compensation plan to workers with at least a year of service. How should you accomplish this? (Choose the best answer.)

A : eate a relevant eligibility profile and associate it with the plan.

B : eate user-defined criteria, and then create the eligibility profile and plan.

C : eate a derived factor, and then create the eligibility profile and plan.

D : eate an eligibility profile with the exclude option and associate it with the plan

E : a fast formula to restrict access to the plan.

Answer: A

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Total 181 Questions | Updated On: Oct 10, 2024

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