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Oracle 1Z0-1049-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Compensation Analytics and Reporting | - Workforce Compensation Reports - Audit and Monitoring - Compensation Analytics |
| Individual Compensation | - Awards and Compensation Management
|
| Workforce Compensation Plans | - Plan Configuration
|
| Elements, Balances, and Formulas | - Write Fast Formulas - Manage Balances - Define Elements |
| Base Pay | - Salary Administration
|
| Compensation Foundation | - Compensation Components Setup
|
| Total Compensation Statements | - Statement Configuration
|
| Workforce Compensation Processing | - Compensation Cycle Management
|
Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
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 inthe Performance document in the performance system.
- B. The rating will be available to only the plan where it is updated.
- C. The rating will be available to all plans that are currently active.
- D. The rating will be available to only the plans where the same manager is involved.
Correct Answer: A 🗳️
As a Fusion implementation consultant, you are configuring Fusion HCM Compensation Management module for a manufacturing client. Which three statements are correct in relation to compensation statement display options? (Choose three.)
- A. You can hide table columns.
- B. You can hide or show the estimated amount indicator at the category setup level.
- C. You can configure display of zero values.
- D. You cannot exclude a category from the statement summary at the category setup level.
- E. You cannot hide regions for graphs or descriptions at the statement definition setup level.
- F. You cannot include and hide the welcome message at the statement definition setuplevel.
Correct Answer: B,C,E 🗳️
Your client wants to offer a spot incentive bonus to hourly employees who worked 100 percent of their scheduled shift hours in a three-month period. What type of eligibility profile can you use in this case?
(Choose the best answer.)
- A. User-defined-criteria-based eligibility profile
- B. Derived-factor-based eligibility profile
- C. Fast-formula-based eligibility profile
- D. Employment-criteria-based eligibility profile
Correct Answer: A 🗳️
Identify the three correct statements for an alternate approver hierarchy. (Choose three.)
- A. You can create multiple approvers for the same manager.
- B. The alternate approver must be a part of the regular plan hierarchy.
- C. By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set orsequence of approvers.
- D. The highest Approval sequence is the final approver.
Correct Answer: A,C,D 🗳️
Explanation: Only visible for 2Pass4sure members. You can sign-up / login (it's free).
A corporation has set up an individual compensation plan for a contribution towards a retirement benefit.
Thiscontribution must be approved by the four-level manager hierarchy.
Identify all the four builders that support a restriction for the number of levels. (Choose four.)
- A. Position
- B. Department Level
- C. Resource
- D. Management Chain
- E. Supervisory
- F. Job Level
Correct Answer: B,C,E,F 🗳️
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