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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question 1

You are configuring a work-administered individual compensation plan where your workers can enroll in the plan anytime during the year, but can discontinue their contributions only in the month of March each year.
How should you achieve this? (Choose the best answer.)

A. Make the plan available for all actions in the list with access level for each action Always allowed.
B. Do not select any additional actionsother than Manage Contributions with access level for each action as Create: Always allowed; Update: Never allowed; Discontinuing: Allowed during a specified period.
C. Do not select any additional actions other than Manage Contributions with access level as Create:
Always allowed; Update: Allowed during a specified period; Discontinuing: Never allowed.
D. Select specific HR actions such as transfer, promotion, and new hire for the plan with access level for each action allowed during a specific period.

Question 2

A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up the following for all employees:
* Salary paid based on the grades of employees.
* Car allowance paid based on the department and position.
* Spot bonus paid based on a committee's decision.
Identify the correctoption for the setup. (Choose the best answer.)

A. Set up a salary basis for "Salary" and associate a grade rate matrix and the payroll element to it. Set up individual compensation plans for the car allowance and spot bonus, and restrict the access to line manager and HR specialist respectively. Additionally, add an eligibility profile to the car allowance to restrict it to specific departments and positions.
B. Set up a salary basis for "Salary" and associate a grade rate matrix to it, and add a carallowance and spot bonus as components for the salary basis along with Salary. Attach the required payroll elements to the salary. Have salary validations to restrict access and payment for specific departments and positions.
C. Set up on individual compensation plan with all three options. Add the required payroll elements and add restriction based on eligibility profiles and plan access.
D. Set up Salary and the spot bonus as two salary bases, because there are no eligibility restrictions. Set up the carallowance as an individual compensation plan. Add the required payroll elements and add eligibility profiles for the car allowance for specific departments and positions.

Question 3

In the workforce compensation work area, the Manager's Worksheet Status is "In Approvals". What progress has the compensation manager made through a workforce compensation cycle? (Choose the best answer.)

A. The highest-level manager or approver in the approval hierarchy approved the manager's worksheet.
B. The manager submitted his or her worksheet for approval.
C. The first-level manager approved the manager's worksheet.
D. The manager saved some changes to his or her worksheet.
E. A budgetwas published to the manager.

Question 4

Your customer wants line managers to be able to access the active workforce compensation plan during the first three months of the Plan period, but not to update it. The evaluation period start and end dates for the plan areJanuary 1 to December 31 of the year.
How should you set this up? (Choose the best answer.)

A. Configure Worksheet update period start and end dates from January 1 to March 31 of the year and Plan access start and end dates from April 1 to December 31 of the year.
B. Configure Plan access start and end dates from January 1 to December31 of the year.
C. Configure Plan access start and end dates from January 1 to March 31 of the year and Worksheet update period start and end dates from April 1 to December 31 ofthe year.
D. Configure Worksheet update period start and end dates from January 1 to December 31 of the year.

Question 5

While configuring the Budget page, you enable the "Compensation Performance Rating" column from which section? (Choose the best answer.)

A. Summary
B. Detail table
C. Actions
D. Worker List
E. Information

Solutions: