[Jun-2022] The Best Workforce Rewards Cloud 1Z0-1049-21 Professional Exam Questions [Q31-Q46]

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[Jun-2022] The Best Workforce Rewards Cloud 1Z0-1049-21 Professional Exam Questions

Try 100% Updated 1Z0-1049-21 Exam Questions [2022]

NEW QUESTION 31
You have created a compensation plan and configured the plan details. However, when you try to run the
“Start Compensation Cycle” process, you are not able to see the plan you created in the list that appears.
Which three options could be possible reasons for this? (Choose three.)

Your user role does not have access to view the plan.

The compensation administrator or equivalent role is not attached to your plan.

Accessto the compensation administrator role is restricted in Plan Access.

Restrict Plan access is set to “NO”; however, the roles that are allowed are not specified.

Restrict Plan access is set to “Yes” and the compensation administrator role is added tothe list of roles in
“Plan access from Compensation work area.”

NEW QUESTION 32
A corporation has implemented Oracle Fusion Workforce Compensation. The consultant creates multiple elements to meet the business requirements.
Which three statements will help him to make a decision about the element classification? (Choosethree.)

Primary classifications are provided mainly to reflect tax legislation.

Secondary classifications are subsets of the primary classifications.

Predefined primary classifications cannot be removed or changed.

Predefined secondary classifications can be removed or changed.

Elements can have multiple primary and multiple secondary classifications.

NEW QUESTION 33
Which four options are valid refresh options for the Refresh Data process? (Choose four.)

Refresh HR Data

Refresh Base and Eligible Salary

Refresh Plan Access

Refresh Manager Hierarchy

Reevaluate Eligibility

Refresh Plan Currency

Refresh summary totals

NEW QUESTION 34
A corporation needs to set up a compensation plan for a Housing allowance that will allow the company to grant these allowances to only employees above a particular role.
Identify the option that indicates the correct way of implementing it. (Choose the best answer.)

Set up role-based security to the individual compensationwork area so that only managers are allowed.

Set up access restrictions to the individual compensation plan using the correct HR action so that it can be added only to the specific roles.

They payroll administrator must add the element to the employees in the specified roles, because this cannot be achieved through configuration.

Set up a salary basis and restrict the eligibility to the required roles.

NEW QUESTION 35
The compensation administrator wants to run the batch process to administer the compensation cycle. Which are the four valid batch processes in terms of the compensation module? (Choose four.)

Start Workforce Compensation Cycle

Refresh Workforce Compensation Data

Transfer Workforce Compensation Data to HR

Adjust Workforce Compensation Enrollment Window

Back Out Workforce Compensation Data

Evaluate Workforce Compensation Participation

NEW QUESTION 36
After creating a compensation plan and eligibility profiles, you are currently modeling the budget allocation.
The HR manager informs you that one employee under Supervisor 1 has been seconded to a different country on a temporary basis with no changes to his employment terms and that this employee must be removed from the budgeting exercise.
What is the correct way of achieving this? (Choose the best answer.)

Use the Edit button in the Employee’s included area while creating a model to exclude the employee.

Modify the eligibility profile by using a formula to exclude the employee from appearing under Supervisor 1. After the compensation cycle is completed, revert the eligibility profile to its original from, if needed.

Advise Supervisor 1 not to allocate any compensation for the employee. In the meanwhile, manually adjust the budget allocated to Supervisor 1 to exclude the employee’s amount.

Use the Include check box next to the employee’s name in the Budget worksheet to exclude the employee from the cycle.

NEW QUESTION 37
You canuse predefined alerts to notify managers about issues on the worksheet that need their attention.
Which four predefined alerts are available? (Choose four.)

Salary changed in HR

Allocation outside target range

Grade changed in HR

Job changedin HR

Worker was terminated

Worker is on long-term leave

NEW QUESTION 38
Which two tasks are true aboutcomponents in worksheet configurations? (Choose two.)

Plans must have at least one component if awarding compensation.

You can create up to five components to represent the different types of compensation that you want to award within a plan.

Each component has to be of a separate type, such as salary or bonus.

There is the flexibility to add any number of components within a compensation plan.

NEW QUESTION 39
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.)

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.

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.

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.

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 ofall the components of the salary basis multiplied by 12.

NEW QUESTION 40
A corporation has implemented Oracle Fusion Workforce Compensation. A Salary basis has been created to manage employees’ salaries. It has a payroll element attached. As part of the Salary changes, when the compensation manager is trying toupdate the Salary amounts, the same is not reflecting in the payroll elements entries of the employee.
Identify the two possible causes for the issue. (Choose two.)

Automatic entry is checked for the payroll element used.

Automatic entry is checkedat the element eligibility link for the payroll element used.

Salary basis is configured to be non-updatable.

No components are defined to handle these salary adjustments.

NEW QUESTION 41
An administrator of a corporation must generate the compensation statements for the workers to notify them about their compensation details.
Identify the correct role that will give the administrator accessto complete the process. (Choose the best answer.)

Compensation Administrator

Compensation Manager

Line Manager

HR Specialist

NEW QUESTION 42
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.)

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

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

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

if planaccess should be related to HR actions

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

whether or not to restrict access to the plan at all

NEW QUESTION 43
When a manager clicks the “Prepare in workbook” option, while processing compensation changes, what population would she or he see in the exported Excel spreadsheet? (Choose the best answer.)

Budget sheet population

Worksheet population

Entire organization’s population under that manager

Direct Reports

The filtered population

NEW QUESTION 44
While configuring the Budget page, which five tabs are available in Page Layout? (Choose five.)

Budgeting

Summary

Detail table

Worker List

Actions

Comments

Information

NEW QUESTION 45
Contingent workers are ineligible as per the eligibility rules defined for your organization’s compensation plan. The compensation plan cycle is started. As is the standard practice, the compensation administrator schedules the “Refresh Workforce Compensation Data” nightly. A worker who was a contingent worker is now an employee of the organization and the next day shows up in Manager’s worksheet. How is this possible? (Choose the best answer.)

Track Ineligible Workers is selected in the compensation plan.

Show Ineligible Workers is selected in the compensation plan.

Hide Ineligible Workers is selected in the compensation plan.

Process IneligibleWorkers is selected in the compensation plan.

NEW QUESTION 46
While configuring Workforce CompensationPlan, you specify Performance Rating date in Plan Cycle as the same in multiple plans.
What will happen when the manager updates a compensation performance rating in the worksheet of one plan?
(Choose the best answer.)

The rating will be available toonly the plan where it is updated.

The rating will be available to all plans that are currently active.

The rating will be available to all plans with the same Performance Rating date in Plan Cycle.

The rating will be available to only the planswhere the same manager is involved.

1Z0-1049-21 Exam Questions Get Updated [2022] with Correct Answers: https://www.dumpstests.com/1Z0-1049-21-latest-test-dumps.html

[Jun-2022] The Best Workforce Rewards Cloud 1Z0-1049-21 Professional Exam Questions [Q31-Q46]

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