1Z1-1000 by Oracle Valid Free Exam Practice Test

Question 1

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. Processed C. Submitted D. Work in Progress E. In Approvals

Correct Answer: C

Question 2

During the compensation review cycle, which two actions occur when a manager is allocated a zero or null budget? (Choose two.)

A. The manager will have read-only access. B. The manager can manually allocate some budget for his team. C. The available budget becomes negative when the manager makes allocations. D. The manager does not have access to the plan.

Correct Answer: A,B

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Question 3

While configuring the Budget page, you are setting the properties of the Job column.
Which two sections are available in the properties for the Job column? (Choose two.)

A. Legal Employer B. General C. Default Value D. Information

Correct Answer: B,C

Question 4

You are configuring a work-administered individual compensation plan where your workers can enroll in the plan anytime during the year, but can discontinue their contributions only in the month of March each year.
How should you achieve this? (Choose the best answer.)

A. Make the plan available for all actions in the list with access level for each action Always allowed. B. Do not select any additional actions other than Manage Contributions with access level for each action as Create: Always allowed; Update: Never allowed; Discontinuing: Allowed during a specified period. C. Select specific HR actions such as transfer, promotion, and new hire for the plan with access level for each action allowed during a specific period. D. Do not select any additional actions other than Manage Contributions with access level as Create:
Always allowed; Update: Allowed during a specified period; Discontinuing: Never allowed.

Correct Answer: B

Question 5

What happens if you include ineligible workers on the worksheet? (Choose the best answer.)

A. It does not display ineligible workers and managers cannot allocate compensation, promote workers, or rate worker performance. B. It displays ineligible workers but managers can allocate compensation, promote workers, and rate worker performance. C. It displays ineligible workers but managers cannot allocate compensation, promote workers, or rate worker performance. D. It does not display ineligible workers but managers can allocate compensation, promote workers, or rate worker performance.

Correct Answer: C

Question 6

Which three tasks are part of Plan Foundation Configuration Options? (Choose three.)

A. Alerts B. Components C. Plan Currency D. Feedback Survey E. Plan Access

Correct Answer: B,C,E

Question 7

Your customer's compensation manager needs to know, what are the four valid statuses of the compensation worksheet? (Choose four.)

A. Closed B. Fully Approved C. Processed D. Started E. Submitted F. Unprocessed G. Partially approved H. Budget Available

Correct Answer: B,C,E,H

Question 8

A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up Calculation Factors for the deduction elements setup.
Which two statements are correct regarding the Calculation Factors? (Choose two.)

A. The Manage Deduction Ranges task in the Payroll Calculation work area is used to view the calculation factors defined. B. The Manage Deduction Group Rates task in the Payroll Calculation work area is used to view the calculation factors defined. C. Calculation Factors indicate which deduction range to use when calculating the deduction amount. D. Calculation Factors define which classifications of earnings to consider when calculating the basis for the deduction element.

Correct Answer: A,C

Question 9

As an implementation consultant, you have defined a total compensation statement. From a security perspective, you are required to identify a key user who will have access to view the total compensation statement.
Which role is mandatory to view the compensation statement? (Choose the best answer.)

A. Compensation Specialist B. Compensation Manager C. Compensation Executive D. Compensation Analyst

Correct Answer: D

Oracle Workforce Compensation Cloud 2018 Implementation Essentials - 1Z1-1000 Exam Practice Test