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Oracle 1z0-1049-22 Exam Questions Answered

Oracle Compensation Cloud 2022 Implementation Professional Sample Questions:

Question 1

An employee of a corporation is on a weekly payroll with an hourly rate of 20 USD. Identify the correct option for the frequency shown in the base rate of compensation history. (Choose the best answer.)

A. annually, because the history must always be shown with annual amounts
B. the frequency of the employee's salary basis
C. hourly, because the employee has hourly pay
D. weekly, because the employee is on a weekly payroll

Question 2

Which two tasks are performed by compensation managers while determining budgets? (Choose two.)

A. Manually calculate budget amounts or automatically determine budget amounts by using a model.
B. With administrative budgeting, enable managers to award compensation within their allocated budget amounts by automatically publishing budget amounts.
C. Publish budgets to line managers to distribute budgets down the reporting hierarchy or to allocate budget amounts at the employee level.
D. Determine budget amounts offline by downloading budget details to a spreadsheet.

Question 3

The Compensation and Benefits policy defined for your organization limits contingent workers from getting an increment as part of the Annual Salary Review. As a result, the contingent workers are excluded in the eligibility profile and ineligible workers are not tracked as part of the Annual Salary Review Compensation Plan.
A recent change to this policy enforced a minimum increment for the entire contingent worker population. Consequently, the compensation administrator ran the Refresh Data process to update the worksheets and include the contingent workforce but none of the contingent workers are included. What should the compensation administrator do to bring the contingent workers into the manager's compensation worksheet? (Choose the best answer.)

A. Update the eligibility profile to include the contingent workers and run the Start Workforce Compensation Cycle process.
B. Update the eligibility profile to include the contingent workers and rerun the Refresh Workforce Compensation Data process by selecting Refresh Option - Reevaluate Eligibility.
C. Run the Start Workforce Compensation Cycle process.
D. Rerun the Refresh Workforce Compensation Data process by selecting Refresh Option - Reevaluate Eligibility.

Question 4

If you enable Performance Ratings and rate workers within Workforce Compensation, which two statements are true? (Choose two.)

A. The ratings are transferred to the Performance Management system or to HR.
B. You can display compensation ratings given in the previous plan cycle as a column in the worksheet.
C. These ratings are used across compensation plan and cycles.
D. Managers can rate workers as they allocate compensation.

Question 5

Which three dates are mandatory while creating plan cycles? (Choose three.)

A. Performance Rating Date
B. Default Due Date
C. Evaluation Period Start Date
D. Plan Access Start Date
E. HR Data Extraction Date
F. Worksheet Update Period Start Date

Solutions: