Prep and try our 1Z0-1049-26 valid and latest training questions & answers

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

As an implementation consultant, you are required to create an element for capturing the bonus awarded in the compensation cycle. Which two statements are correct regarding the input values of the element created? (Choose two.)

• A. No additional configuration is required to attach this element to the workforce compensation plan component.
• B. It is possible to link the same element but different input values to different components or options within the same compensation plan.
• C. Element entries are created for all the input values of the element.
• D. The automatically created Amount input value is identified as the primary input value.
• E. You must manually mark the Amount input value as the primary input value in the Special Purpose field.

While implementing, you are grouping compensation items and categories for displaying them together. Therefore, when planning how to group compensation items and categories, you must consider which three options? (Choose three.)

• A. Category Detail
• B. Compensation Items
• C. Statement definitions
• D. Level of detail
• E. Contribution Type and Unit of Measure
• F. Category Type

Your customer wants to give its employees a way to donate to charity. This donation could be started anytime in the year and can be updated or stopped only during the month of September.
Identify the correct set of plan restriction to achieve the desired results. (Choose the best answer.)

• A. The individual compensation plan must be set up with the following restrictions:
• B. The individual compensation plan must be set up with the following restrictions:
• C. The individual compensation plan must be set up with "NO" for plan access restriction.
• D. The individual compensation plan must be set up with the following restrictions:

You have configured a compensation plan to include ratings from the performance management system. For one particular division, the performance ratings have not been finalized and are shown as blank on the compensation worksheet. The manager updates the performance rating while allocating compensation. What happens in this case? (Choose the best answer.)

• A. The rating will be available to only the plans where the same manager is involved.
• B. The rating will be available to only the plan where it is updated.
• C. The rating will be available in the Performance document in the performance system.
• D. The rating will be available to all plans that are currently active.