Oracle 1Z0-1049-21 : Oracle Compensation Cloud 2021 Implementation Essentials

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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. The compensation administrator wants to run Purge Workforce Compensation Data for one of the past compensation plans because the transaction data from that period is not required anymore. However, the compensation administrator does not get the option to include the said plan. What is the reason for this?
(Choose the best answer.)

A) Purge Workforce Compensation Data can be run only for compensation plans that are valid for the future.
B) Purge Workforce Compensation Data cannot be run because the Transfer Workforce Compensation Data to HR process has already been run and compensation data transferred to HR.
C) Purge Workforce Compensation Data can be run only after Back Out Workforce Compensation Data is run withthe "Full Back Out" option.
D) Purge Workforce Compensation Data can be run only for compensation plans with Inactive status.

2. Your client has a requirement where work-at-home assignments are not eligible for an employee compensation revision cycle. To facilitate capturing work-at-home assignment, you have created a custom column and associated a List of Values (LOV) with values "Yes" and "No". Now you wish to create an eligibility profile around this. Which is the correct option? (Choose the best answer.)

A) User-defined-criteria-based eligibility profile on "Work-at-home" and value = "No" with exclude option selected
B) User-defined-criteria-based eligibility profile on "Work-at-home" and value = "Yes" with exclude option deselected
C) Derived-factor-based eligibility profile based on the "Work-at-home" column
D) User-defined-criteria-based eligibility profile on "Work-at-home" and value = "Yes" with exclude option selected

3. Your customer has standard working hours = 40 hours per week. An employee has the following salary basis setup:
* Working hours = 32 hours per week
* Base pay = 20 USD per hour
What will be the employee's Annual Salary and Annualized full-time salary? (Choose the bestanswer.)

A) Annual Salary = 32280, Annualization Salary = 52000
B) Annual Salary = 52000, Annualization Salary = 41600
C) Annual Salary = 32280, Annualization Salary = 41600
D) Annual Salary = 41600, Annualization Salary = 41600

4. A corporation is implementing Oracle Fusion Workforce Compensation and needs to give a spot bonus for a new hireas well as give the same for special recognition for employees.
Identify the correct option that will enable the organization to achieve the desired results. (Choose the best answer.)

A) Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire", this bonus can be added. Also add "Manage Individual Compensation," which will enable Managers to add it to reportees.
B) Configure the spot bonus as an individual compensation plan andadd "Hire" as an action. Then, after an employee is hired, this plan can be added to employees anytime.
C) Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire," this bonus can be added. Also add "Manage Contributions," which will enable managers to add it to reportees.
D) Configure the spot bonus as an individual compensation plan and add "All" as an action so that this plan can be added to anyone at any time.

5. Which statement is correct about secondary element classifications? (Choose the best answer.)

A) They are predefined andcan be edited.
B) They are user-defined and cannot be edited.
C) They are user-defined and can be edited.
D) They are predefined and cannot be edited.

Solutions: