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UPDATED [2023] Pass Oracle 1z0-1049-22 Exam in First Attempt Guaranteed

Pass 1z0-1049-22 Exam Latest Practice Questions

Q26. Your client wants to offer a spot incentive bonus to hourly employees who worked 100 percent of their scheduled shift hours in a three-month period. What type of eligibility profile can you use in this case? (Choose the best answer.)

 
 
 
 

Q27. A worker complains to the Human Resources department that the total amount does not add up to the amount of salary received in the bank. The department informs the worker that certain items that are shown in the Compensation Statement do not comprise the actual amount paid. The department now wants to make the statement more relevant to workers to avoid such situations.
What should you do to accommodate this requirement? (Choose the best answer.)

 
 
 
 

Q28. A corporation is implementing Oracle Fusion Workforce Compensation. Different currencies are set at the Legislative Data Group level, the Organization payment level, the Bank account level, and the payroll element level.
The currency shown while configuring salary basis comes from which level? (Choose the best answer.)

 
 
 
 

Q29. Employee X was hired on 5 March 2014 as a Web Designer and was reporting to Manager Y. On 10 September 2014, this employee was transferred to Manager Z to work as an Online Campaign designer. The company where Employee X works is doing a compensation cycle for the current year starting 1 October 2014. The employee record set up in the plan setting is “Employment terms,” while the Legal Employer of Employee X uses a two-tier model.
On which manager’s worksheet does Employee X appear? (Choose the best answer.)

 
 
 
 

Q30. As a Fusion implementation consultant, you are configuring Fusion HCM Compensation Management module for a manufacturing client. Which three statements are correct in relation to compensation statement display options? (Choose three.)

 
 
 
 
 
 

Q31. Which two tasks are true about components in worksheet configurations? (Choose two.)

 
 
 
 

Q32. 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.)

 
 
 
 

Q33. 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.)

 
 
 
 
 
 

Q34. Per your client’s policy on eligibility for a compensation revision cycle, employees who are in a notice period are not eligible. A particular manager is currently in a notice period, but his direct reports are still eligible for the compensation cycle. You observe that the system allows that manager to administer compensation for his direct reports.
You research this and find out that manager is still allowed to carry out the compensation allocation because his Eligibility Status is _________. (Choose the best answer.)

 
 
 
 
 

Q35. Which alert is advised to be disabled when you are using HCM co-existence between Oracle PeopleSoft HCM and Oracle Fusion Compensation? (Choose the best answer.)

 
 
 
 

Q36. While creating a compensation plan, the compensation manager of your client’s organization chooses to enable Compensation Change statement. As an implementation consultant, which is the dependent configuration that you would advise the compensation manager to perform? (Choose the best answer.)

 
 
 
 

Q37. 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.)

 
 
 
 
 
 

Q38. Identify the two valid formula types applicable for Workforce Compensation Plans. (Choose two.)

 
 
 
 
 

Q39. A corporation implemented Oracle Fusion Workforce Compensation. A salary basis has been created and attached to the employee and a compensation cycle has been run. The corporation wants to include a new component as part of the salary basis.
Which three are predefined components? (Choose three.)

 
 
 
 

Q40. As an implementation consultant, you are required to define the total compensation statement. You are creating the statement definitions for your compensation statement.
Which three statements are true about the statement definitions? (Choose three.)

 
 
 
 
 
 

Q41. A corporation implemented Oracle Fusion Core HR on a three-tier model with Multiple Employment Terms with Multiple Assignments as the employment model. An employee of the corporation has multiple assignments and multiple employment terms on different payroll frequencies.
What kind of salary basis must be associated with the employee? (Choose the best answer.)

 
 
 
 

Q42. An employee of a corporation is on a weekly payroll with an hourly rate of 20 USD. Identify the correct option for the frequency shown in the base rate of compensation history. (Choose the best answer.)

 
 
 
 

Q43. A corporation is implementing Oracle Fusion Workforce Compensation and the new salary basis is being created.
For an hourly paid employee, which option is true regarding the Annualization factor in the salary basis? (Choose the best answer.)

 
 
 
 

Q44. While implementing, you are grouping compensation items and categories for displaying them together. Therefore, when planning how to group compensation items and categories, you must consider which three options? (Choose three.)

 
 
 
 
 
 

Q45. While administering compensation for the workforce, a manger accidentally approves a lower manager’s worksheet.
Which three statements will be true in this case? (Choose three.)

 
 
 
 
 

Oracle 1z0-1049-22 exam is designed for professionals who want to become certified in Oracle Compensation Cloud 2022 implementation. 1z0-1049-22 exam tests the candidate’s knowledge and skills in implementing compensation plans, ensuring compensation data accuracy, and managing compensation cycles. 1z0-1049-22 exam also covers topics such as compensation security and compliance, reporting, and integration. Passing 1z0-1049-22 exam is a prerequisite for obtaining the Oracle Compensation Cloud 2022 Implementation Professional certification.

Oracle 1z0-1049-22 exam covers a wide range of topics related to the Oracle Compensation Cloud solution. These topics include compensation plans, compensation administration, payroll integration, reporting, and analytics, among others. 1z0-1049-22 exam also tests the candidate’s ability to understand and interpret business requirements related to compensation management and translate them into a solution that meets the needs of the organization.

 

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