Oracle 1Z0-1049 : Oracle Compensation Cloud 2019 Implementation Essentials

A corporation has implemented Oracle Fusion Compensation for a manufacturing client. The Fusion consultant created a Bonus element with primary classification as Supplemental earning.
What is true about the subclassifications for the created element? (Choose the best answer.)

• A. Once a sub-classification is associated with a classification, it cannot be associated with another classification.
• B. Elements can have only one sub-classification.
• C. Sub-classifications provide a way to feed elements.
• D. A sub-classification name cannot be reused under a different primary classification.

A corporation has implemented Oracle Fusion Workforce Compensation and set up an individual compensation plan with the following details.
* Name: Variable component
* Restrict plan access: Yes
* Action: Manage Contributions
* Access Level: New
* Allocations: Always Allow
* Update Allocations: Never Allow
* Discontinue Allocations: "Allowed during a specific period" with the period start and end dates configured.
Identify the correct option for the possible actions. (Choose the best answer.)

• A. The contribution will be automatically added to all the employees in the payroll and HR can discontinue allocations on a request basis.
• B. The plan setup is always for HR to take actions and, therefore, only HR will be able to start the contribution anytime, update never, but discontinue during the period defined for any specific employee.
• C. Only managers will be able to start the contribution anytime, update never, but discontinue during the period defined for any specific employee by using the manager dashboard.
• D. All Employees will be able to start the contribution anytime, update never, but discontinue during the period defined.

During the Compensation Review cycle for the year 2014-15, the manager processes his direct reports compensation changes per the model created by him. After making the changes in the worksheet, the manager submits the proposed changes to the next level manager in the hierarchy for approval. What will the Manager status appear as in the workforce compensation area? (Choose the best answer.)

• A. Fully Approved
• B. In Approvals
• C. Work in Progress
• D. Processed
• E. Submitted

A corporation has implemented Oracle Fusion Workforce Compensation. The consultant creates multiple elements to meet the business requirements.
Which three statements will help him to make a decision about the element classification? (Choose three.)

• A. Predefined secondary classifications can be removed or changed.
• B. Elements can have multiple primary and multiple secondary classifications.
• C. Secondary classifications are subsets of the primary classifications.
• D. Predefined primary classifications cannot be removed or changed.
• E. Primary classifications are provided mainly to reflect tax legislation.

Your client's compensation plan for employees includes a component that is based on years of service in the organization. If a person completes 10 years in the company, he or she will be eligible for a seniority component and the associated fixed salary amount. What type of eligibility profile you would need to create in order to track work experience of people? (Choose the best answer.)

• A. Employment-based eligibility criteria suing hire date
• B. User-defined-criteria-based eligibility profile using hire date
• C. Derived -factor-based eligibility criteria using length of service
• D. Employment-based-eligibility-criteria using length of service