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Vendor: Oracle
Exam Code: 1Z0-1049-20
Exam Name: Oracle Compensation Cloud 2020 Implementation Essentials
Certification: Human Capital Management (HCM)
Total Questions: 178 Q&A
Updated on: Dec 16, 2024
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Which statement is true regarding elements? (Choose the best answer.)
A. Elements have possibly multiple primary classifications, one secondary classification, and one subclassification.
B. Elements have one primary classification, one secondary classification, and one subclassification.
C. Elements have possibly multiple primary classifications, possible multiple secondary classifications, and possibly multiple subclassifications.
D. Elements have one primary classification, possibly multiple secondary classifications, and possibly multiple subclassifications.
E. Elements have one primary classification, one secondary classification, and possibly multiple subclassifications.
A corporation has implemented Oracle Fusion Workforce Compensation. The requirement is that Bonus Amount should be given only to the Full-Time Assignment category employees who work on weekly payroll. Additionally, the costing information must be transferred to General Ledger. Which implementation approach is correct for creating the required element? (Choose the best answer.)
A. creating an input value and setting up costing information at the input value level
B. creating status processing rules and setting up costing information at the status processing level
C. creating an element eligibility link and setting up costing information at the link level
D. creating an auto-indirect rule and setting up costing information at the auto-indirect level
A corporation needs to set up a compensation plan for a Housing allowance that will allow the company to grant these allowances to only employees above a particular role. Identify the option that indicates the correct way of implementing it. (Choose the best answer.)
A. Set up role-based security to the individual compensation work area so that only managers are allowed.
B. Set up access restrictions to the individual compensation plan using the correct HR action so that it can be added only to the specific roles.
C. They payroll administrator must add the element to the employees in the specified roles, because this cannot be achieved through configuration.
D. Set up a salary basis and restrict the eligibility to the required roles.
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