Question 1

A corporation has set up an individual compensation plan for a contribution. This contribution needs anapproval hierarchy to be set up.Identify the four correct options regarding approval setup. (Choose four.)

Options :

A : Approvals can be set up to be completed when one of the approvers takes an action such as Approve or Reject.

B : The notifications sent to the approvers can be made actionable.

C : Expiry, Escalation, and renew settings are possible for notifications.

D : Reminders can be set for a fixed duration either before expiration or after assignment.

E : Task attachments cannot be sent using email notifications.

Answer: A,B,C,D

Question 2

Your customer wants to limit contributions to a particular individual compensation plan to workers with at least a year of service. How should you accomplish this? (Choose the best answer.)

Options :

A : Create a relevant eligibility profile and associate it with the plan.

B : Create user-defined criteria, and then create the eligibility profile and plan.

C : Create a derived factor, and then create the eligibility profile and plan.

D : Create an eligibility profile with the exclude option and associate it with the plan

E : Use a fast formula to restrict access to the plan.

Answer: A

Question 3

A corporation has implemented Oracle Fusion Workforce Compensation. A custom element was created tocapture the entry value for four input values. Data load is performed by the Batch Loader, but the associatedDaily Business Intelligence (DBI) is returning the entry value corresponding only to the first input value.Identify the option that will enable the DBI to return all the input variables. (Choose the best answer.)

Options :

A : Delete the existing element link and create a new element link, which will automatically create all four input values.

B : Create a new element from scratch.

C : This scenario cannot be implemented.

D : Create status processing rules for the input values.

Answer: B

Question 4

A corporation implemented Fusion Compensation and must run a compensation cycle. The corporation has seven different active components in the salary basis. Salaries of all the employees must be updated in bulk mode. Which statement is true about the bulk update using Integrated Workbook? (Choose the best answer.)

Options :

A : Integrated Workbook can be used to update all the seven components.

B : Only the first four active components will be loaded at a time by Integrated Workbook.

C : Only the first five active components will be loaded at a time by Integrated Workbook.

D : Only the first six active components will be loaded at a time by Integrated Workbook.

Answer: C

Question 5

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.)

Options :

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

Smartly Prepare Exam with Free Online 1Z0-1049-24 Practice Test

Buying Options: