Online Access Free Oracle.1z0-1049-20.v2021-09-19.q65 Practice Test (Page 9)

1z0-1049-20 Exam Question 36

Which four statements are true if you enable Performance Ratings and integrate with Oracle Fusion Performance Management? (Choose four.)

A.You need to refresh the HR data for ratings updated in Performance Management so they are updated in the worksheet.

B.You select the performance template or document name and the period to make available, and whether to display only completed ratings or ratings in any status.

C.You can also display the Performance Rating History column in the worksheet to see historical ratings given in the Performance Management system.

D.You can display overall and calculated performance ratings given in the Performance Management system and provide access to the full performance document from within the worksheet.

E.You have the option to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.

1z0-1049-20 Exam Question 37

As compensation manager, you are creating a Salary and Bonus earnings compensation item to define a total compensation statement. Per system requirements, you must select an appropriate source type to show the correct information on the statement.
Select the correct "Source Type". (Choose the best answer.)

A.Salary Basis

B.Formula

C.Payroll Element

D.Benefit Balance

1z0-1049-20 Exam Question 38

A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up the following for all employees:
* Salary paid based on the grades of employees.
* Car allowance paid based on the department and position.
* Spot bonus paid based on a committee's decision.
Identify the correct option for the setup. (Choose the best answer.)

A.Set up a salary basis for "Salary" and associate a grade rate matrix to it, and add a car allowance and spot bonus as components for the salary basis along with Salary. Attach the required payroll elements to the salary. Have salary validations to restrict access and payment for specific departments and positions.

B.Set up a salary basis for "Salary" and associate a grade rate matrix and the payroll element to it. Set up individual compensation plans for the car allowance and spot bonus, and restrict the access to line manager and HR specialist respectively. Additionally, add an eligibility profile to the car allowance to restrict it to specific departments and positions.

C.Set up on individual compensation plan with all three options. Add the required payroll elements and add restriction based on eligibility profiles and plan access.

D.Set up Salary and the spot bonus as two salary bases, because there are no eligibility restrictions. Set up the car allowance as an individual compensation plan. Add the required payroll elements and add eligibility profiles for the car allowance for specific departments and positions.

1z0-1049-20 Exam Question 39

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 consists of compensation items added to compensation categories.

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

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

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

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

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

1z0-1049-20 Exam Question 40

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.)

A.Whether the employee is paid hourly or not, the Annualization factor is the multiplication factor used to convert base pay at the selected frequency to an annualized amount. So any frequency can be used and the corresponding Annualization factor can be determined.

B.The Annualization factor used in salary basis is only for display purpose. The amount that is paid to the worker is always determined by the pay period on the payroll linked to worker's assignment.

C.For all hourly paid employees, a new salary basis needs to be created and associated that uses a frequency of "Hourly," and the Annualization factor will be the number of hours in a work year.

D.The Annualization factor used in a salary basis is only for display purpose. The amount that is paid to the worker is always determined by the sum of all the components of the salary basis multiplied by 12.

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1z0-1049-20 Exam Question 36

1z0-1049-20 Exam Question 37

1z0-1049-20 Exam Question 38

1z0-1049-20 Exam Question 39

1z0-1049-20 Exam Question 40

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