1z0-1049 Free Practice Test

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.)

1. A. Allocation exceeding target
2. B. Employee termination
3. C. Leave of Absence
4. D. Any custom alert

Correct Answer: C

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.)

1. A. Regular and automatic adjustment
2. B. Market adjustment due to salary being out of line with the market
3. C. Equity adjustment to correct salary compression or inversion
4. D. Adjustment due to corrections within the organization

Correct Answer: ABC

What happens if you include ineligible workers on the worksheet? (Choose the best answer.)

1. A. It displays ineligible workers but managers can allocate compensation, promote workers, and rate worker performance.
2. B. It displays ineligible workers but managers cannot allocate compensation, promote workers, or rateworker performance.
3. C. It does not display ineligible workers and managers cannot allocate compensation, promote workers, or rate worker performance.
4. D. It does not display ineligible workers but managers can allocate compensation, promote workers, or rate worker performance.

Correct Answer: B

Which two statements are true about Base Pay? (Choose two.)

1. A. For Base Pay earnings elements, eligibility is determined by the salary basis that is assigned to the worker.
2. B. You attach elements at various levels in the Salary object hierarchy to create deductions and earnings that can be processed in a payroll run to calculate Base Pay.
3. C. You attach a single earnings element to each salary basis to hold Base Pay earnings, and assign a salary basis to each worker to calculate Base Pay.
4. D. You enter a salary basis for each worker that becomes the worker’s Base Pay earnings.
5. E. For Base Pay earnings elements, eligibility is determined by the deduction basis that is assigned to the worker.

Correct Answer: AC

You create a compensation plan and attach a Compensation Performance rating model to it. While the manager is allocating compensation, he specifies a rating for each of the employees under him. Where will the rating specified by the manager be available? (Choose the best answer.)

1. A. Only within the current compensation plan and all cycles associated with it
2. B. Only within the current compensation plan and the current cycle
3. C. To the current compensation plan and the Performance Management system
4. D. To the current compensation plan and HR system

Correct Answer: A