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Pass Guaranteed Quiz 1z0-1049-22 - Newest Current Oracle Compensation Cloud 2022 Implementation Professional Exam Content

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Oracle Compensation Cloud 2022 Implementation Professional Sample Questions (Q155-Q160):

NEW QUESTION # 155
A worker complains to the Human Resources department that the total amount does not add up to the amount of salary received in the bank. The department informs the worker that certain items that are shown in the Compensation Statement do not comprise the actual amount paid. The department now wants to make the statement more relevant to workers to avoid such situations.
What should you do to accommodate this requirement? (Choose the best answer.)

• A. For each item, specify the Excluded from Gross amount option to indicate that this compensation is not the actual amount paid.
• B. For each item, specify the Indicative amount option to indicate that this compensation is not the actual amount paid.
• C. For each item, specify the Unpaid amount option to indicate that tis compensation is not the actual amount paid.
• D. For each item, specify the Estimated amount option to indicate that this compensation is not the actual amount paid.

Answer: D

NEW QUESTION # 156
The compensation administrator has configured an Annual Salary Review plan that is linked to the performance of employees so that the annual increment amount is based on the rating that an employee has received in the performance evaluation. The percentages are fixed for each of the ratings by using the dynamic column. All the managers have completed updating the worksheet and the information has been transferred to HR by running the Transfer Workforce Compensation Data to HR process.
After this, the compensation administrator realizes that the increment percentages for each of the ratings used in the dynamic column were incorrect. Now each of these incorrect salary records should be deleted and new correct salary record entries should be made for the employees in Manage Salary.
How should you accomplish this? (Choose the best answer.)

• A. Run the Back Out Workforce Compensation Data process, run the Refresh Workforce Compensation Data process, return the same compensation plan, and then transfer the data to HR.
• B. Change the plan status to Inactivate and create a new compensation plan with correct percentage increase for each of the ratings.
• C. Run the Back Out Workforce Compensation Data process, correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Data process, and rerun the same compensation plan.
• D. Run the Back Out Workforce Compensation Data process, correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Data process, and rerun the same compensation plan. Finally transfer the data to HR.
• E. Correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Data process, and return the same compensation plan.

Answer: B

NEW QUESTION # 157
You are responsible for configuring variable allocations to manage approvals for individual compensation plans. Your company wants to control plan availability by using defaults. What are the default attributes of the actionable Variable Allocation task? (Choose the best answer.)

• A. The task applies to all allocations, uses two levels of the Supervisory list builder, and does not require a response from the current approver.
• B. The task applies to all allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver.
• C. The task is only for notification and has no rules.
• D. The task applies to selected allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver.

Answer: D

NEW QUESTION # 158
When upper-level managers change the plan access of one or more lower-level managers, they receive a notification informing them about the change in access. Which option do they receive to act on the notification? (Choose the best answer.)

• A. Dismiss
• B. Reject
• C. Reply
• D. Accept

Answer: C

NEW QUESTION # 159
Which four statements are true if you enable Performance Ratings and integrate with Oracle Fusion Performance Management? (Choose four.)

• A. You can also display the Performance Rating History column in the worksheet to see historical ratings given in the Performance Management system.
• B. You have the option to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.
• C. You need to refresh the HR data for ratings updated in Performance Management so they are updated in the worksheet.
• D. You can display overall and calculated performance ratings given in the Performance Management system and provide access to the full performance document from within the worksheet.
• E. You select the performance template or document name and the period to make available, and whether to display only completed ratings or ratings in any status.

Answer: B,C,D,E

NEW QUESTION # 160
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