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Oracle 1Z0-1049-21 Braindumps - in .pdf Free Demo

  • Exam Code: 1Z0-1049-21
  • Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials
  • Last Updated: Jul 29, 2026
  • Q & A: 180 Questions and Answers
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  • Exam Code: 1Z0-1049-21
  • Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials
  • Last Updated: Jul 29, 2026
  • Q & A: 180 Questions and Answers
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Oracle 1Z0-1049-21 Exam Syllabus Topics:

SectionObjectives
Workforce Compensation Plans- Plan Configuration
  • 1. Column and Component Design
  • 2. Budget Setup
  • 3. Worksheet Configuration
  • 4. Plan Access
Workforce Compensation Processing- Compensation Cycle Management
  • 1. Compensation Processes
  • 2. Batch Processes
  • 3. Refresh and Publish Data
  • 4. Plan Validation
Compensation Analytics and Reporting- Reporting and Analysis
  • 1. Compensation Analytics
  • 2. Workforce Compensation Reports
  • 3. Audit and Monitoring
Compensation Foundation- Compensation Components Setup
  • 1. Compensation Categories
  • 2. Eligibility Profiles
  • 3. Compensation Objects
Compensation Statements- Statement Configuration
  • 1. Display Components
  • 2. Generate Compensation Statements
  • 3. Statement Definitions
Base Pay- Salary Administration
  • 1. Manage Base Pay
  • 2. Compensation Zones
  • 3. Grade Rates
  • 4. Salary Basis
  • 5. Salary Components
Individual Compensation- Awards and Compensation Management
  • 1. Awards and Spot Bonuses
  • 2. Individual Compensation Plans
  • 3. Compensation History

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. What happens if you include ineligible workers on the worksheet? (Choose the best answer.)

A) It does not display ineligible workers but managers can allocate compensation, promote workers, or rate worker performance.
B) It displays ineligible workers but managers can allocate compensation, promote workers, and rate worker performance.
C) It does not display ineligible workers and managers cannot allocate compensation, promote workers, or rate worker performance.
D) It displays ineligible workers but managers cannot allocate compensation, promote workers, or rate worker performance.


2. A corporation has implemented Oracle Fusion Workforce Compensation. The requirement is that Bonus Amount should be given only to the Full-Time Assignment categoryemployees 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 element eligibility link and setting up costing information at the link level
B) creating an input value and setting up costing information at the input value level
C) creating status processing rules and setting up costing information at the status processing level
D) creatingan auto-indirect rule and setting up costing information at the auto-indirect level


3. You have configured acompensation 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 whileallocating 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 inthe Performance document in the performance system.
C) The rating will be available to all plans that are currently active.
D) The rating will be available to only the plan where it is updated.


4. 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 considerwhich three options? (Choose three.)

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


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


Solutions:

Question # 1
Answer: D
Question # 2
Answer: A
Question # 3
Answer: B
Question # 4
Answer: B,C,F
Question # 5
Answer: A,C,E

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