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Oracle 1Z0-1049-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Total Compensation Statements | - Statement Configuration
|
| Compensation Foundation | - Compensation Components Setup
|
| Elements, Balances, and Formulas | - Manage Balances - Define Elements - Write Fast Formulas |
| Individual Compensation | - Awards and Compensation Management
|
| Base Pay | - Salary Administration
|
| Workforce Compensation Processing | - Compensation Cycle Management
|
| Compensation Analytics and Reporting | - Workforce Compensation Reports - Compensation Analytics - Audit and Monitoring |
| Workforce Compensation Plans | - Plan Configuration
|
Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
Question 1
While you are setting up Stock Details, you notice that the details you entered are different from the ones showing up in system.
What could have been the possible reasons for this? (Choose the best answer.)
A. You may have forgotten to save the changes made.
B. You do not have the privileges to change Stock Details.
C. Another administrator might have accessed these settings after you have saved it.
D. Network connectivity issue may have hindered your data being sent to the server.
Question 2
Which four statements are true if you enable Performance Ratings and integrate with Oracle Fusion Performance Management? (Choose four.)
A. You need to refresh the HR data for ratings updated in Performance Management so they are updated in the worksheet.
B. You select the performance template or document name and the period to make available, and whether to display only completed ratings or ratings in any status.
C. You can also display the Performance Rating History column in the worksheet to see historical ratings given in the Performance Management system.
D. You have the option to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.
E. You can display overall and calculated performance ratings given in the Performance Management system andprovide access to the full performance document from within the worksheet.
Question 3
Which two are element classification types? (Choose two.)
A. US-only
B. International
C. Secondary
D. Global
E. Primary
Question 4
Which three statements are true about payroll deductions? (Choose three.)
A. A personal deduction card contains person-specific information that is used to calculate the deduction amount.
B. Wage basis rules are defined at the personal level and the context value for the rule is captured on the deduction card.
C. The rates and rules that are defined on a personal deduction card cannot override the values that are defined in the deduction ranges at the legislative level.
D. A payroll deduction comprises the rates and rules that are used to calculate the deductionamount.
E. The deduction element's status processing rule drivesthe calculation, accessing the rates and rules that are defined for the related payroll deduction and the values that are captured on a personal deduction card.
Question 5
An administrator of a corporation needs to view a worker's salary basis, change it, view the salary history, and do a graphical analysis of changes made to the salary. However, the administrator is not able to do these things.
Identify the three correct roles that will give the administrator access to complete the process. (Choose three.)
A. Expenses Manager
B. HR Specialist
C. Line Manager
D. Compensation Manager
Solutions:
| Question 1 Answer: C | Question 2 Answer: A,B,D,E | Question 3 Answer: C,E | Question 4 Answer: B,D,E | Question 5 Answer: B,C,D |




