Free 1Z0-1049-24 Exam Questions - Easiest Way for Success

Prepare for the Oracle 1Z0-1049-24 exam questions with our authentic preparation materials, including free 1Z0-1049-24 practice exam questions and answers. TheExamsLab provides all the support you need to succeed in the Oracle Compensation Cloud 2024 Implementation Professional 1Z0-1049-24 exam. This dedication to student success is why we have the most satisfied 1Z0-1049-24 certification exam candidates worldwide.

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Total 181 Questions | Updated On: Sep 11, 2024

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Question 1

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.)

A : Download and authenticate workbooks.

B : Edit the workbook data.

C : Filter the edits and upload only the edited fields.

D : Resolve errors created by the uploaded file.

E : Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file

F : Repeat the steps as many times as necessary to accommodate the revisions.

Answer: A,C,D

Question 2

You are responsible for configuring an individual compensation plan with multiple options. Which two statements are true about the plan options? (Choose two.)

A : You can associate each option with the same payroll element and input value.

B : You can associate each option with only one payroll element and input value.

C : You can associate each payroll element with only one plan and option.

D : You can associate each payroll element with multiple plans and options.

E : You can associate each payroll element with one option but with multiple plans.

Answer: B,D

Question 3

Your customer awards three types of bonuses to its workers: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. All three bonuses are awarded by using element entries.

How would you configure the Compensation Statement? (Choose the best answer.)

A : Create one Compensation Item as Bonus and specify the source type as Element Entry. Associate the three elements with the Compensation Item.

B : Create three Compensation Items: Joining Bonus, Ad-hoc bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective elements with the respective Items

C : Create one Compensation Category as Bonus and specify the source type as Element Entry. Associate the three elements with the Compensation Category.

D : Create three Compensation Categories: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective Elements with the respective Categories.

Answer: B

Question 4

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

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

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

D : if plan access should be related to HR actions

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

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

Answer: A,D

Question 5

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.)

A : The statement definition acts as a template and determines the layout and content of the generated statement.

B : The statement definition consists of compensation items added to compensation categories.

C : Multiple legal employers, multiple countries, and multiple currencies cannot be included in one statement.

D : Compensation items with sources belonging to different legal employers cannot be added.

E : Reusing statement definitions by creating new statement periods and then modifying the definition for subsequent periods is not possible.

F : Edits to compensation categories affect all statement definitions that use that category.

Answer: A,B

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Total 181 Questions | Updated On: Sep 11, 2024

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