Practice 1Z0-1049-23 Exam Online

Question 1

A corporation implemented Oracle Fusion Core HR on a three-tier model with Multiple Employment Terms

with Multiple Assignments as the employment model. An employee of the corporation has multiple

assignments and multiple employment terms on different payroll frequencies.

What kind of salary basis must be associated with the employee? (Choose the best answer.)

A : A different salary basis associated with each assignment or employment term.

B : One salary basis for all assignments and employment terms

C : One salary basis for each assignment and one of them can be used for the employment terms

D : One salary basis for each employment terms and one of them can be used for assignment

Answer: D

Question 2

Your customer’s compensation has an itemized structure. The company wants to increase the Cost of Living allowance of the employees living in the New Jersey area by 3% to compensate for the increased living costs there. Which feature of Oracle Fusion Workforce Compensation can be used to achieve this? (Choose the best answer.)

A : Budget Pools

B : Plan Eligibility

C : Salary Component

D : Action and Action Reasons

E : Plan Access

Answer: C

Question 3

How can you use an earnings element to manage the calculation and payment of absences? (Choose the best answer.)

A : Ensure that the input to the salary database item formula from the earnings element processes the absence element as Absence classification because payroll runs do not process elements in the Information or Absence classifications.

B : Define a skip rule for the earnings element that triggers processing when it finds an entry for a non-absence element because payroll runs process elements in the Information or Absence classifications.

C : Define the earnings element as nonrecurring for the absence element because payroll runs do not process nonrecurring elements in the Information or Absence classifications.

D : Define a skip rule for the earnings element that triggers processing when it finds an entry for the absence element because payroll runs do not process elements in the Information or Absence classifications.

Answer: D

Question 4

Your customer’s company spans multiple countries. It follows a global salary increase process in the month of May and awards bonuses twice a year in the month of June and December for workers who are employed in various countries. As an implementation consultant, you must define Statement Periods for the Compensation Statement. Which three options will you consider? (Choose three.)

A : an optional welcome message

B : the conversion rate date for currency conversions

C : the date that statements become available to workers

D : the date when bonus is awarded to workers

E : the date when merit increases are awarded to workers

Answer: A,C,D

Question 5

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

Name:	Oracle Compensation Cloud 2023 Implementation Professional
Exam Code:	1Z0-1049-23
Certification:	Oracle Compensation Cloud
Vendor:	Oracle
Total Questions:	181
Last Updated:	Apr 23, 2024

Oracle 1Z0-1049-23