Online Access Free 1Z0-1049-21 Practice Test

A corporation is implementing Oracle Fusion Workforce Compensation and must set up salary bases.
Employees are assigned different grades within the organization and the salaries are dependent on the grades.
What is the correct way to set up the salary bases? (Choose the best answer.)

• A.Set up different salary bases for different grades and different payroll elements, because the payroll element can be attached to only one salary basis. The frequency of both salary basis and grade rate should match.
• B.Set up different salarybases for different grades with the same payroll element. The frequency of both salary basis and grade rate need not match.
• C.Set up different salary bases for different grades with the same payroll element. The frequency of both salary basis and the grade rate should match.
• D.Set up different salary bases for different grades and different payroll elements, because the payroll element can be attached toonly one salary basis. The frequency of both salary basis and grade rate need not match.

As an implementation consultant, you are required to create an element that is applicable only to a set of employees who are in the Production department and who are on weekly payrolls.
What is the correct configuration to meet this requirement? (Choose the best answer.)

• A.Create Element Eligibility with the Legal Employer and Payroll Statutory Unit parameters.
• B.Create an element without defining Element Eligibility.
• C.Create Element Eligibility with the department and specific payroll parameters.
• D.Create Element Eligibility with the Grade and Position parameters.

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.)

• A.if planaccess should be related to HR actions
• B.if there should be a "white list" name criteria for access to the plan
• C.if there should be a time period in which a user can create, update, or discontinue allocations or contributions
• D.whether or not to restrict access to the plan at all
• E.If the plan is going to require updates that are driven by business users in the time frame of the next payroll cycle
• F.If user access should be based on career levels or earnings thresholds

Which two statements are true about Base Pay? (Choose two.)

• A.For Base Pay earnings elements, eligibility is determined by the salary basis that is assigned to the worker.
• B.You enter a salary basis for each worker that becomes the worker's Base Pay earnings.
• C.You attach elements at various levels in the Salary object hierarchy to create deductions and earnings that can be processed in a payroll run to calculate Base Pay.
• D.You attach a single earnings element to each salary basis to hold Base Pay earnings, and assign a salary basis to each worker to calculate Base Pay.
• E.For BasePay earnings elements, eligibility is determined by the deduction basis that is assigned to the worker.

As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for Salary, Merit Increase, and so on. Identify one set of values that Compensation Items can hold. (Choose the best answer.)

• A.Monetary, Nonmonetary, Date, Text
• B.Monetary, Nonmonetary, Timestamp, Text
• C.Monetary, Nonmonetary, Date,Boolean
• D.Monetary, Timestamp, Boolean