1z0-1049 Free Practice Test

As an implementation consultant, you are required to create an element for capturing the bonus awarded in the compensation cycle. Which two statements are correct regarding the input values of the element created? (Choose two.)

1. A. The automatically created Amount input value is identified as the primary input value.
2. B. No additional configuration is required to attach this element to the workforce compensation plan component.
3. C. You must manually mark the Amount input value as the primary input value in the Special Purpose field.
4. D. Element entries are created for all the input values of the element.
5. E. It is possible to link the same element but different input values to different components or options within the same compensation plan.

Correct Answer: AB

Which three statements are true regarding plan cycles? (Choose three.)

1. A. All active plans are available to be cross-referenced, even plans with no started cycles.
2. B. You can display a target amount or custom score from a previous plan cycle in the current plan cycle.
3. C. Active plans are available to be cross-referenced, except plans with no started cycles.
4. D. You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.
5. E. You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.

Correct Answer: ABE
All active plans are available to be cross referenced, even plans with no started cycles. You can also reference a plan within itself to display values from a previous plan cycle in a subsequent cycle. For example, you can display a target amount or custom score from a previous plan cycle in the current plan cycle so that managers are aware of that data when making a current compensation decision.
You cannot select a default value for a column by cross-referencing a column from another plan if you have selected values for the Default Value, Default and Override Formula, or Compensation Derived Factor fields on the Configure Column Properties dialog box.

As a compensation manager, in which four cases would you find an employee newly added to your worksheet? (Choose four.)

1. A. An employee transfers into your organization.
2. B. An employee’s data has been corrected by HR and it now satisfies the eligibility criteria.
3. C. An employee leaves an organization.
4. D. A contingent employee becomes a regular employee.
5. E. A loaned employee in your organization returns after assignment completion.
6. F. An intern in your organization gets his place confirmed as an employee.

Correct Answer: ABDE

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.)

1. A. A different salary basis associated with each assignment or employment term.
2. B. One salary basis for all assignments and employment terms
3. C. One salary basis for each assignment and one of them can be used for the employment terms
4. D. One salary basis for each employment terms and one of them can be used for assignment

Correct Answer: D

Your customer is planning to configure an Individual Compensation Company Car Plan to include only the Sales department employees. The customer also wants to restrict luxury model vehicles to executive positions.
Which three statements are true about accomplishing this? (Choose three.)

1. A. Create an eligibility profile to include only the Sales department and attach it to Company Car Plan.
2. B. Create an eligibility profile to include executive positions and attach it to Company Car Plan.
3. C. Create an eligibility profile to include the Sales department and the executive positions and attach it to Company Car Plan and the Luxury models option.
4. D. Create an eligibility profile to include the executive positions and attach it to the Luxury models option.
5. E. You cannot achieve this because you cannot attach eligibility profiles with Plan and Option.
6. F. You can attach eligibility profiles with Plan, Option, or both.

Correct Answer: ABC