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Oracle 1Z0-1049-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Compensation Statements | - Statement Configuration
|
| Workforce Compensation Plans | - Plan Configuration
|
| Workforce Compensation Processing | - Compensation Cycle Management
|
| Individual Compensation | - Awards and Compensation Management
|
| Base Pay | - Salary Administration
|
| Compensation Analytics and Reporting | - Reporting and Analysis
|
| Compensation Foundation | - Compensation Components Setup
|
Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
1. 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) You can display compensation ratings given in the previous plan cycle as a column in the worksheet.
C) Managers can rate workers as they allocate compensation.
D) These ratings are used across compensation plan and cycles.
2. Which item is false regarding plan access? (Choose the best answer.)
A) A compensation administrator's general access can be overridden using roles.
B) Compensation administrators have access to all plan configuration tasks for all plans.
C) A compensation administrator's general access cannot be overridden.
D) Compensation managers have access to the budget sheet and worksheets for all plans and employee administration tasks.
3. You are responsible forconfiguring an individual compensation plan with multiple options. Which two statements are true about the plan options? (Choose two.)
A) You can associate each payroll element with only one plan and option.
B) You can associate each payroll element with multiple plans and options.
C) You can associate each payroll element with one option but with multiple plans.
D) You can associate each option with only one payroll element and input value.
E) You can associate each option with the same payroll element and input value.
4. As an implementation consultant, you are required to create an element for capturing the bonus awarded in the compensation cycle. Which two statements are correct regarding the input values ofthe element created?
(Choose two.)
A) Element entries are created for all the input values of the element.
B) It is possible to link the same element but different input values to different components oroptions within the same compensation plan.
C) You must manually mark the Amount input value as the primary input value in the Special Purpose field.
D) The automatically created Amount input value is identified as the primary input value.
E) No additional configuration is required to attach this element to the workforce compensation plan component.
5. How can youuse an earnings element to manage the calculation and payment of absences? (Choose the best answer.)
A) Define a skip rule for the earnings element that triggers processing when it finds an entry for the absence element because payroll runs do not process elements in the Information or Absence classifications.
B) Define the earnings element as nonrecurring for the absence element because payroll runs do not process nonrecurring elements in the Information or Absence classifications.
C) Define a skip rule for the earnings element that triggers processing when it finds an entry for a non-absence element because payroll runs process elements in the Information or Absence classifications.
D) Ensure that the input to the salary database item formula from the earnings element processes the absence element as Absence classification because payroll runs do not process elements in the Information or Absence classifications.
Solutions:
| Question # 1 Answer: B,C | Question # 2 Answer: C | Question # 3 Answer: B,D | Question # 4 Answer: D,E | Question # 5 Answer: A |
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