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Oracle 1Z0-1049-21 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Compensation Cloud 2021 Implementation Essentials |
| Exam Number: | 1Z0-1049-21 |
| Related Certifications: | Oracle Compensation Cloud 2021 Certified Implementation Specialist |
| Passing Score: | 66% |
| Exam Price: | USD $245 |
| Exam Format: | Multiple Choice Questions (MCQ) |
| Available Languages: | English |
| Real Exam Qty: | 55 |
| Exam Duration: | 90 minutes |
| Sample Questions: | Oracle 1Z0-1049-21 Sample Questions |
| Exam Way: | Pearson VUE test center or Oracle online proctored exam. |
| Pre Condition: | No formal prerequisite exam required. Oracle recommends hands-on experience with Oracle Compensation Cloud and Oracle HCM Cloud implementations. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z0-1049-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Workforce Compensation Plans | - Plan Configuration
|
| Topic 2: Individual Compensation | - Awards and Compensation Management
|
| Topic 3: Compensation Statements | - Statement Configuration
|
| Topic 4: Compensation Analytics and Reporting | - Reporting and Analysis
|
| Topic 5: Compensation Foundation | - Compensation Components Setup
|
| Topic 6: Workforce Compensation Processing | - Compensation Cycle Management
|
| Topic 7: Base Pay | - Salary Administration
|
Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
1. While administering compensation, the managers in the organization want to first allocate compensation to the outstanding performers with compa-ratio less than 80 and, therefore, want to view only this population. How would you, as a consultant, help the managers toachieve this? (Choose the best answer.)
A) Control the population by using eligibility profiles.
B) Use the Advanced Filter option in the worksheet to create a custom condition.
C) Use the sort feature in the worksheet to control this.
D) This cannot bedone once the population is finalized and the compensation cycle is started.
2. Contingent workers are ineligible as per the eligibility rules defined for your organization's compensation plan. The compensation plan cycle is started. As is the standard practice, the compensation administrator schedules the "Refresh Workforce Compensation Data" nightly. A worker who was a contingent worker is now an employee of the organization and the next day shows up in Manager's worksheet. How is this possible? (Choose the best answer.)
A) Show Ineligible Workers is selected in the compensation plan.
B) Hide Ineligible Workers is selected in the compensation plan.
C) Track Ineligible Workers is selected in the compensation plan.
D) Process IneligibleWorkers is selected in the compensation plan.
3. As compensation manager, you are creating a Salary and Bonus earnings compensationitem to define a total compensation statement. Per system requirements, you must select an appropriate source type to show the correct information on the statement.
Select the correct "Source Type". (Choose the best answer.)
A) Payroll Element
B) Formula
C) Salary Basis
D) BenefitBalance
4. If you enable Performance Ratings and rate workers within WorkforceCompensation, which two statements are true? (Choose two.)
A) The ratings are transferred to the Performance Management system or toHR.
B) These ratings are used across compensation plan and cycles.
C) Managers can rate workers as they allocate compensation.
D) You can display compensation ratings given in the previous plan cycle as a column in the worksheet.
5. A corporation has set up an individual compensation plan for a contribution. This contribution needs an approval hierarchy to be set up.
Identify the four correct optionsregarding approval setup. (Choose four.)
A) Task attachments cannot be sent using email notifications.
B) The notifications sent to the approvers can be made actionable.
C) Approvals can be set up to be completed when one of the approvers takes an action such as Approve or Reject.
D) Reminders can be set for a fixed duration either before expiration or after assignment.
E) Expiry, Escalation, and renew settings are possible for notifications.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: C,D | Question # 5 Answer: B,C,D,E |
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