Oracle 1Z0-1049-21 Exam : Oracle Compensation Cloud 2021 Implementation Essentials

Which is the correct priority of deduction information from highest to lowest? (Choose the best answer.)

• A. 1. Personal deduction card (payroll relationship level). 2. Payroll statutory unit deduction card. 3. Tax reporting unit deduction card. 4. Payroll deduction range values (legislative data group level).
• B. 1. Payroll statutory unit deduction card. 2. Tax reporting unit deduction card. 3. Payroll deduction range values (legislative data group level) 4. Personal deduction card (payroll relationship level).
• C. 1.Personal deduction card (payroll relationship level). 2. Payroll deduction range values (legislative data group level) 4. Payroll statutory unit deduction card. 4. Tax reporting unit deduction card.
• D. 1.Personal deduction card (payroll relationship level). 2. Tax reporting unit deduction card. 3. Payroll statutory unit deduction card. 4. Payroll deduction range values (legislative data group level).

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 UpdatePeriod 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, theMarketing 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. 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.
• C. Validate Plan Setup to ensure that all HR Data updates are accounted in the worksheet.
• D. Run the Back Out Workforce Compensation Data process with the "Full back out" option.

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

After the compensation plan was configured, the Validate Plan Setup process was run successfully with no warnings or errors. However, when the worksheet is accessed by a Line Manager, the Line Manager notices that employees who are ineligible are also visible in the worksheet despite running the Validate Plan Setup process.
What is the reason for this?(Choose the best answer.)

• A. The compensation administrator did not run the Validate Plan Setup process and run the Start Compensation Cycle process instead.
• B. The Validate Plan Setup process showed a warning about errors on the eligibility profiles, which was ignored by the compensation administrator.
• C. The Validate Plan Setup process does not validate eligibility profiles.
• D. The Validate PlanSetup process failed to report errors from the eligibility profiles.

Your client's organization is a multi-country organization with headquarters in the US, and managers have direct reports in different countries.
In which three ways canthe compensation currency be displayed? (Choose three.)

• A. The corporate currency
• B. Each employee's local currency
• C. Preferred currency
• D. Only one currency can be displayed