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Oracle 1Z0-1049-21 Exam Overview:
Oracle 1Z0-1049-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Budgeting and Workforce Compensation | - Budget Allocation Methods - Manager Budget Distribution |
| Topic 2: Approvals and Security | - Approval Workflow Configuration - Role-Based Access Control |
| Topic 3: Setup and Configuration | - Basic Compensation Configuration - Enterprise Structures and Security Setup |
| Topic 4: Worksheet Management | - Manager and Employee Interaction - Worksheet Configuration and Fields |
| Topic 5: Compensation Cloud Overview | - Key Features and Business Use Cases - Core Concepts of Workforce Compensation |
| Topic 6: Reporting and Analytics | - Dashboards and Metrics - Standard Compensation Reports |
| Topic 7: Implementation and Maintenance | - Deployment Considerations - System Maintenance and Updates |
| Topic 8: Compensation Plans and Cycles | - Plan Design and Eligibility Rules - Cycle Setup and Administration |
1Z0-1049-21 Exam Facts, Digital Convenience and Global Support
- Reporting and Analytics ()
- Approvals and Security ()
- Budgeting and Workforce Compensation ()
Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
A corporation implemented Fusion Compensation and must run a compensation cycle. The corporation has seven different active components in the salary basis. Salaries of all the employees must be updated in bulk mode.
Which statement is true about the bulkupdate using Integrated Workbook? (Choose the best answer.)
- A. Integrated Workbook can be used to update all the seven components.
- B. Only the first five active components will be loaded at a time by Integrated Workbook.
- C. Only the first four active components will be loaded at a time by Integrated Workbook.
- D. Only the first six active components will be loaded at a time by Integrated Workbook.
Correct Answer: B 🗳️
Which five tasks can be performed by a compensation manager? (Choose five.)
- A. Allocate compensation.
- B. Review and approve work of Superior Manager.
- C. Determine compensationamounts offline by downloading details to a spreadsheet.
- D. Promote and rate worker performance while allocating compensation.
- E. Generate company-configured compensation change statements to notify workers of a compensation award, job change, or performance rating assignment.
- F. Analyze proposed changes for equity among peer groups and by manager, alignment with the market, and pay for performance strategies.
Correct Answer: A,C,D,E,F 🗳️
Your client's organization is a multi-country organization with headquarters in the US, and managers have direct reports in different countries.
In which three ways canthe compensation currency be displayed? (Choose three.)
- A. Only one currency can be displayed
- B. The corporate currency
- C. Preferred currency
- D. Each employee's local currency
Correct Answer: B,C,D 🗳️
Identify three event-driven configurations that can be changed for the delivered variable allocation approval tasks as per business requirements. (Choose three.)
- A. Assignment and Routing Policies
- B. Approval and Rejection Policies
- C. Escalationand Expiration Policies
- D. Notification Settings
- E. Data Driven Routing
Correct Answer: A,D,E 🗳️
While validating the Workforce Compensation Plan Setup, the compensation administrator encounters the following Warning: "At least one column that adjusts salary is enabled but no components to be posted assalary are selected." What should the compensation administrator do to eliminate this warning? (Choose the best answer.)
- A. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Percentage of Eligible Salary Column Properties, add an Element.
- B. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and enable Eligible Salary.
- C. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Compensation Amount Column Properties, select Yes for Post as Salary.
- D. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab andenable Compensation Amount.
- E. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Eligible SalaryColumn Properties, select Yes for Post as Salary.
Correct Answer: C 🗳️
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