Free Oracle 1Z1-1000 Exam Dumps Questions & Answers

What are the two correct options with respect to budgeting when the salary has multiple components? (Choose two.)

• A.  Multiple components cannot have a single budget.
• B.  Budgets can be separate for each component.
• C.  Multiple components can have a single budget.
• D.  Budgets cannot be separate for each component.

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 access restrictions to the individual compensation plan using the correct HR action so that it can be added only to the specific roles.
• B.  Set up a salary basis and restrict the eligibility to the required 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 role-based security to the individual compensation work area so that only managers are allowed.

Which three dates are mandatory while creating plan cycles? (Choose three.)

• A.  Worksheet Update Period Start Date
• B.  Plan Access Start Date
• C.  Default Due Date
• D.  HR Data Extraction Date
• E.  Performance Rating Date
• F.  Evaluation Period Start Date

Which two statements are true about Base Pay? (Choose two.)

• A.  You attach elements at various levels in the Salary object hierarchy to create deductions and earnings that can be processed in a payroll run to calculate Base Pay.
• B.  You attach a single earnings element to each salary basis to hold Base Pay earnings, and assign a salary basis to each worker to calculate Base Pay.
• C.  For Base Pay earnings elements, eligibility is determined by the salary basis that is assigned to the worker.
• D.  For Base Pay earnings elements, eligibility is determined by the deduction basis that is assigned to the worker.
• E.  You enter a salary basis for each worker that becomes the worker's Base Pay earnings.

A worker complains to the Human Resources department that the total amount does not add up to the amount of salary received in the bank. The department informs the worker that certain items that are shown in the Compensation Statement do not comprise the actual amount paid. The department now wants to make the statement more relevant to workers to avoid such situations.
What should you do to accommodate this requirement? (Choose the best answer.)

• A.  For each item, specify the Estimated amount option to indicate that this compensation is not the actual amount paid.
• B.  For each item, specify the Indicative amount option to indicate that this compensation is not the actual amount paid.
• C.  For each item, specify the Unpaid amount option to indicate that tis compensation is not the actual amount paid.
• D.  For each item, specify the Excluded from Gross amount option to indicate that this compensation is not the actual amount paid.