Oracle Compensation Cloud 2020 Implementation Essentials : 1z0-1049-20 valid dump

The Fusion Compensation module must be integrated with Fusion Performance Rating. In which three ways can the performance rating be made available? (Choose three.)

• A. Use compensation performance ratings.
• B. Use both Performance Management ratings and compensation ratings.
• C. Integrate with Oracle Fusion Performance Management.
• D. Integrate with Oracle Fusion Profile Management.
• E. Integrate with Oracle Fusion Goal Management.

The manager administering compensation has the option to create budget models to be used to allocate compensation.
Which four options regarding compensation modeling are correct? (Choose four.)

• A. Modeling enables managers to automatically allocate compensation to employees who meet certain criteria.
• B. Managers can use a model created by compensation professionals.
• C. Access of a model is limited only to the creator of the model.
• D. Managers can create their own models and use them.
• E. Managers cannot share a model created by them.
• F. A model can be shared with the direct reports of the creator.

As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for Salary, Merit Increase, and so on. Identify one set of values that Compensation Items can hold. (Choose the best answer.)

• A. Monetary, Timestamp, Boolean
• B. Monetary, Nonmonetary, Timestamp, Text
• C. Monetary, Nonmonetary, Date, Boolean
• D. Monetary, Nonmonetary, Date, Text

Your client is a consumer goods wholesaler. The client's organization has five departments. While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees in that department. In the current year, only the Electronics department has exceeded its sales target.
How would the compensation manager allocate the extra budget to the manager of the Electronics Department? (Choose the best answer.)

• A. Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.
• B. Initiate budgets automatically by using the Start Compensation Cycle process.
• C. Request excess budget allocation from the manager above him.
• D. Publish the original budgets to all managers, followed by publishing the extra budget to only the manager of the Electronics department.

An organization uses Compensation Statement for its workers in the UK. One of the categories used in the statement has the display name as One-Time Bonus. As an implementation consultant, you are in the process of configuring a new Compensation Statement for workers in India. You decide to reuse the category for the new Compensation Statement. In the process of configuring the Statement Definition, you update the Compensation Category display name to Annual Bonus. However, when the Compensation Statement for workers in the UK displays, it continues to show the Category display name as One-Time Bonus.
What is the cause for this? (Choose the best answer.)

• A. Workers in the UK need to refresh their statements in order to see the updated display name.
• B. After the Compensation Statement is generated for workers in India, the Category display name of Annual Bonus will start reflecting in the Compensation Statement of workers in the UK.
• C. The Compensation Statement Definition synchronization process needs to be run to update the Compensation Category display name in all statement definitions.
• D. The Compensation Category display name is specific to a Statement Definition.