Online Access Free 1z0-1049-20 Practice Test

Performance ratings are enabled in the compensation plan. Which three statements are correct regarding performance ratings? (Choose three.)

• A.You can allow managers to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.
• B.You can allow managers to enter performance ratings during the compensation cycle to be used only in the compensation plan.
• C.You cannot make completed performance document and corresponding ratings from Oracle Fusion Performance Management available to managers in the compensation worksheet.
• D.If you use performance ratings while allocating compensation, you can display the latest ratings to the managers during the compensation cycle.

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.)

• A.Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.
• B.Create a custom data model that can pull compensation awarded from different plans and display the data using a BI publisher layout.
• C.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.
• D.Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.

Identify the four correct options about the summary tables in the compensation history. (Choose four.)

• A.The summary table of recruiting payments gives detailed information about effective date, amount, currency, and grand total information for an individual award or compensation amounts.
• B.The summary table of other compensation gives detailed information about effective date, amount, currency, and grand total information about all awards.
• C.The summary table of payroll elements gives detailed information about element, input value, actual value and the grand total for the year.
• D.The Stock summary table gives detailed information about grant date and price, granted, vested, and unvested shares, and the estimated value of unvested shares.
• E.The Salary summary table gives detailed information about salary history, percentage change, compa-ratio, and growth rate.

Your Workforce Compensation Plan has the following Plan Cycle setup:
* Evaluation Period Start Date: 1-Jan-2014
* Evaluation Period End Date: 31-Dec-2014
* Worksheet Update Period Start Date: 1-Jan-2014
* Worksheet Update Period End Date: 31-Dec-2014
* HR Data Extraction: 31-Dec-2014
* Eligibility Determination Date: 31-Dec-2014
* Worksheet Update Period Start Date: 1-Nov-2014
* Worksheet Update Period End Date: 31-Jan-2015
Due to reorganization in the month of December 2014, the Marketing department was split into two new departments: Branding and Communications, which resulted in transfers of many employees from one manager to another.
You, as the compensation administrator, are required to ensure that all the relevant organizational changes are included in the Compensation Worksheet. What would you have to do to accomplish this? (Choose the best answer.)

• A.Run the Refresh Workforce Compensation Data process on 1-Nov-2014 because that is the date when line managers start updating the worksheet.
• B.Validate Plan Setup to ensure that all HR Data updates are accounted in the worksheet.
• C.Schedule the Refresh Workforce Compensation Data process nightly to ensure that line managers see the most current data, including the recent transfers and other employment changes.
• D.Run the Back Out Workforce Compensation Data process with the "Full back out" option.

What happens if eligibility requirements are different for components than they are for a plan? (Choose the best answer.)

• A.Component-level eligibility is evaluated before plan-level eligibility.
• B.Plan-level eligibility is ignored and a warning is reported.
• C.This is not possible. Component-level eligibility is always identical to plan-level eligibility.
• D.Component-level eligibility is ignored and a warning is reported.
• E.Plan-level eligibility is evaluated before component-level eligibility.