1Z0-1049-26 Pre-Exam Practice Tests (Updated 180 Questions) [Q77-Q94]

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1Z0-1049-26 Pre-Exam Practice Tests | (Updated 180 Questions)

Valid 1Z0-1049-26 Exam Q&A PDF – One Year Free Update

QUESTION 77
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.)

Download and authenticate workbooks.

Edit the workbook data.

Filter the edits and upload only the edited fields.

Resolve errors created by the uploaded file.

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

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

QUESTION 78
You can use 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 changed in HR

Worker was terminated

Worker is on long-term leave

QUESTION 79
Identify the two valid formula types applicable for Workforce Compensation Plans. (Choose two.)

Compensation Currency Selection

Compensation Organization Selection

Compensation Item Selection

Compensation Person Selection

Compensation amounts Selection

QUESTION 80
Your client has set up an individual compensation plan for a contribution towards a retirement benefit. This contribution must be approved by the three-level manager hierarchy. While setting up the approval hierarchy, the compensation administrator wanted to set up notifications for any errors occurring during the workflow.
Identify the three allowed options needed to set up notifications accordingly. (Choose three.)

Individual users

Groups

Application roles

Duty roles

QUESTION 81
Your customer has standard working hours = 40 hours per week. An employee has the following salary basis setup:
Working hours = 32 hours per week
Base pay = 20 USD per hour
What will be the employee’s Annual Salary and Annualized full-time salary? (Choose the best answer.)

Annual Salary = 32280, Annualization Salary = 41600

Annual Salary = 52000, Annualization Salary = 41600

Annual Salary = 41600, Annualization Salary = 41600

Annual Salary = 32280, Annualization Salary = 52000

QUESTION 82
As a compensation executive, you are required to upload stock data sent by a vendor of a corporation into the Fusion application.
Which option is the correct method to do so? (Choose the best answer.)

Manage Stock Grants >> Import Items

Manage Stock Grants >> Import Category

Manage Stock Grants >> Import Source

Manage Stock Grants >> Prepare Import Spreadsheet

QUESTION 83
As an implementation consultant, you have created compensation items for the total compensation statement but have not attached them to compensation categories.
In this situation, which statement is correct? (Choose the best answer.)

You can add items to statement definitions directly.

To include items in statements you must add items to a compensation category.

You cannot add items to statement definitions directly, and you cannot add items to a compensation category.

You can add items to statement definitions directly, and to include items in statements you must add items to a compensation category.

QUESTION 84
A corporation needs to set up a compensation plan for a vehicle allowance that will allow different amounts for different types and models of vehicles.
How can you achieve the desired results? (Choose the best answer.)

Configure one compensation plan and add as many options as three are allowed for vehicle types and models. Define eligibility and associate the same payroll element to all the options such that an employee can use only one option.

Configure as many compensation plans as there are allowed types and models of vehicles, because options cannot have eligibility profiles associated, and use different payroll elements for each of them.

Configure one compensation plan, add as many options as there are allowed for different types and models. Define eligibility and associate the different payroll elements to all the options such that any payroll element can be associated with only one plan and option.

Configure as many compensation plans as there are different types and models, because options cannot have associated eligibility profiles, and use the same payroll element for all of them.

QUESTION 85
A corporation has generated total compensation statements and all workers received their total compensation statements. As a compensation executive, you realize that some corrections are needed in the generated statements.
Which corrective action will you take? (Choose the best answer.)

Educate the workers that corrections are not possible after the total compensation statements have been generated.

Ignore any corrective action.

Edit “Statement Definition,” make the required corrections, and regenerate the total compensation statements as a newer version.

Start manual changes in each worker’s total compensation statement.

QUESTION 86
A corporation is implementing Oracle Fusion Workforce Compensation and must set up compensation history. Identify the three correct options regarding the salary component. (Choose three.)

The base rate shown in the salary section is the most recent pay rate.

The base rate shown in the salary section is the average of the pay rate for the entire year.

The growth rate shown in the details shows both cumulative and average annual salary growth rates.

The base rate shown in the previous years is the pay rate on 31 December of each year.

QUESTION 87
Your client wants you to create a single Compensation Change statement that includes compensation awarded for multiple plans. What would you, as an implementation consultant, advise your client? (Choose the best answer.)

Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.

Create a custom data model that can pull compensation awarded from different plans and display the data using a BI publisher layout.

Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.

This is possible only in the on-premises model using customization and is not possible in an Saas instance. Therefore, you would respond accordingly to the client.

QUESTION 88
A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up Calculation Factors for the deduction elements setup.
Which two statements are correct regarding the Calculation Factors? (Choose two.)

Calculation Factors indicate which deduction range to use when calculating the deduction amount.

The Manage Deduction Ranges task in the Payroll Calculation work area is used to view the calculation factors defined.

Calculation Factors define which classifications of earnings to consider when calculating the basis for the deduction element.

The Manage Deduction Group Rates task in the Payroll Calculation work area is used to view the calculation factors defined.

QUESTION 89
Which four tasks are part of Worksheet Configuration Options? (Choose four.)

Models

Components

Performance ratings

Compensation change statements

Alerts

Plan cycles

QUESTION 90
Which statement is correct about secondary element classifications? (Choose the best answer.)

They are user-defined and can be edited.

They are user-defined and cannot be edited.

They are predefined and can be edited.

They are predefined and cannot be edited.

QUESTION 91
You client has a requirement that allows a salary adjustment based on the number of dependents the employee has, and this allowance must be mapped to a separate component. Because this allowance cannot have a logical mapping with any of the predefined components, you decide to create a new salary component called “Family Allowance”.
Which option would you use to achieve this? (Choose the best answer.)

The Configure Compensation Component task in Manage plans

The Salary Component Lookup

It is not possible to achieve this, because only the delivered salary components can be used.

The Compensation Models

QUESTION 92
When upper-level managers change the plan access of one or more lower-level managers, they receive a notification informing them about the change in access. Which option do they receive to act on the notification? (Choose the best answer.)

Reject

Dismiss

QUESTION 93
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 plan access 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

QUESTION 94
Identify the four components that can be included in a fast formul
a. (Choose four.)

Output statement

Input statement

Comments

Assignment statements

Symbolic variables

Conditions

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