Free Oracle 1Z1-1049 Exam Dumps Questions & Answers

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 Category as Bonus and specify the source type as Element Entry. Associate the three elements with the Compensation Category.
• B.Create one Compensation Item as Bonus and specify the source type as Element Entry. Associate the three elements with the Compensation Item.
• C.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.
• D.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.

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.)

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

While administering compensation, the managers in the organization want to first allocate compensation to the outstanding performers with compa-ratio less than 80 and, therefore, want to view only this population. How would you, as a consultant, help the managers to achieve this? (Choose the best answer.)

• A.Use the Advanced Filter option in the worksheet to create a custom condition.
• B.Control the population by using eligibility profiles.
• C.This cannot be done once the population is finalized and the compensation cycle is started.
• D.Use the sort feature in the worksheet to control this.

Your client is a consumer goods wholesaler. The client's organization has five departments. While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees in that department. In the current year, only the Electronics department has exceeded its sales target.
How would the compensation manager allocate the extra budget to the manager of the Electronics Department? (Choose the best answer.)

• A.Publish the original budgets to all managers, followed by publishing the extra budget to only the manager of the Electronics department.
• B.Initiate budgets automatically by using the Start Compensation Cycle process.
• C.Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.
• D.Request excess budget allocation from the manager above him.

Identify three correct statements about changes in an employee's compensation when the employee's FTE value changes in employment. (Choose three.)

• A.If the salary record has the end date after the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.
• B.If the salary record end date is 31-DEC-4712 (that is, the date is "blank" in the salary UI), the FTE value is fetched as of the current system date and Annual Salary and Annual FT Salary are calculated by using that value.
• C.If the salary record end date is the same as the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.
• D.If the salary start date is after the current date (that is, it is a future-dated salary record), the FTE value is fetched as of the salary start date and Annual Salary and Annual FT Salary are calculated by using that value.
• E.If the salary record has the end date before the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.