Free Oracle 1Z1-1000 Exam Dumps Questions & Answers

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.  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.
• B.  The Compensation Statement Definition synchronization process needs to be run to update the Compensation Category display name in all statement definitions.
• C.  Workers in the UK need to refresh their statements in order to see the updated display name.
• D.  The Compensation Category display name is specific to a Statement Definition.

Which five tasks can be performed by a compensation manager? (Choose five.)

• A.  Generate company-configured compensation change statements to notify workers of a compensation award, job change, or performance rating assignment.
• B.  Allocate compensation.
• C.  Promote and rate worker performance while allocating compensation.
• D.  Analyze proposed changes for equity among peer groups and by manager, alignment with the market, and pay for performance strategies.
• E.  Determine compensation amounts offline by downloading details to a spreadsheet.
• F.  Review and approve work of Superior Manager.

Identify three correct statements about changes in an employee's compensation when the employee's FTE value changes in employment. (Choose three.)

• A.  If the salary start date is after the current date (that is, it is a future-dated salary record), the FTE value is fetched as of the salary start date and Annual Salary and Annual FT Salary are calculated by using that value.
• B.  If the salary record end date is 31-DEC-4712 (that is, the date is "blank" in the salary UI), the FTE value is fetched as of the current system date and Annual Salary and Annual FT Salary are calculated by using that value.
• C.  If the salary record has the end date before the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.
• D.  If the salary record end date is the same as the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.
• E.  If the salary record has the end date after the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.

A corporation implemented Oracle Fusion Workforce Compensation. A salary basis has been created and attached to the employee and a compensation cycle has been run. The corporation wants to include a new component as part of the salary basis.
Which three are predefined components? (Choose three.)

• A.  Adjustment due to corrections within the organization
• B.  Market adjustment due to salary being out of line with the market
• C.  Equity adjustment to correct salary compression or inversion
• D.  Regular and automatic adjustment

An administrator of a corporation must generate the compensation statements for the workers to notify them about their compensation details.
Identify the correct role that will give the administrator access to complete the process. (Choose the best answer.)

• A.  Line Manager
• B.  Compensation Manager
• C.  HR Specialist
• D.  Compensation Administrator