Free Oracle 1Z0-1049-24 Exam Questions

Become Oracle Certified with updated 1Z0-1049-24 exam questions and correct answers

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Total 181 Questions | Updated On: May 04, 2024

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Question 1

A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are

required to set up the Deductions options.

If Deduction cards are supported at multiple levels, which task in the Setup and Maintenance Work area is

used to create deduction card overrides at the Payroll Statutory Unit level? (Choose the best answer.)

A : nage Legal Reporting Unit Deduction Records

B : nage Legal Entity Deduction Records

C : nage Payroll Deductions

D : nage Personal Deductions

Answer: A

Question 2

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

are January 1 to December 31 of the year.

How should you set this up? (Choose the best answer.)

A : nfigure 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 of the year.

B : nfigure 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 : nfigure Plan access start and end dates from January 1 to December 31 of the year.

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

Answer: A

Question 3

Plan access restrictions control the situations in which an individual compensation plan is available for allocations or contributions by a line manager or worker, and regulate a user’s ability to create, update, or discontinue allocations or contributions under the plan. What are three common decisions to make about plan access? (Choose three.)

A : user access should be based on career levels or earnings thresholds

B : the plan is going to require updates that are driven by business users in the time frame of the next payroll cycle

C : there should be a “white list” name criteria for access to the plan

D : plan access should be related to HR actions

E : there should be a time period in which a user can create, update, or discontinue allocations or contributions

F : ether or not to restrict access to the plan at all

Answer: A,D

Question 4

Your client is a consumer goods wholesaler. The client’s organization has five departments. While performing

compensation budgeting activity, the client has a policy that the departments that have exceeded their sales

targets receive an additional budget to reward the employees in that department. In the current year, only the

Electronics department has exceeded its sales target.

How would the compensation manager allocate the extra budget to the manager of the Electronics

Department? (Choose the best answer.)

A : blish the original budgets to all managers, followed by publishing the extra budget to only the manager of the Electronics department.

B : eate a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.

C : itiate budgets automatically by using the Start Compensation Cycle process.

D : quest excess budget allocation from the manager above him.

Answer: A

Question 5

How can you use an earnings element to manage the calculation and payment of absences? (Choose the best answer.)

A : ure that the input to the salary database item formula from the earnings element processes the absence element as Absence classification because payroll runs do not process elements in the Information or Absence classifications.

B : fine a skip rule for the earnings element that triggers processing when it finds an entry for a non-absence element because payroll runs process elements in the Information or Absence classifications.

C : fine the earnings element as nonrecurring for the absence element because payroll runs do not process nonrecurring elements in the Information or Absence classifications.

D : fine a skip rule for the earnings element that triggers processing when it finds an entry for the absence element because payroll runs do not process elements in the Information or Absence classifications.

Answer: D

Page: 1 / 37

Total 181 Questions | Updated On: May 04, 2024

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