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Oracle 1Z0-1049-21 Exam Syllabus Topics:

SectionObjectives
Budgeting and Workforce Compensation- Manager Budget Distribution
- Budget Allocation Methods
Compensation Cloud Overview- Core Concepts of Workforce Compensation
- Key Features and Business Use Cases
Worksheet Management- Worksheet Configuration and Fields
- Manager and Employee Interaction
Reporting and Analytics- Dashboards and Metrics
- Standard Compensation Reports
Approvals and Security- Approval Workflow Configuration
- Role-Based Access Control
Setup and Configuration- Basic Compensation Configuration
- Enterprise Structures and Security Setup
Implementation and Maintenance- Deployment Considerations
- System Maintenance and Updates
Compensation Plans and Cycles- Plan Design and Eligibility Rules
- Cycle Setup and Administration

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. As compensation administrator, you are required to show "Actual amounts paid to the worker" in the Total Compensation Statement. To meet this requirement, which component must be created? (Choose the best answer.)

A) Compensation Source
B) Compensation Item
C) Compensation Category
D) Compensation Statement Definition


2. As an implementation consultant, you have created compensation items for the total compensation statement but have not attached them to compensation categories.
In this situation, which statement is correct? (Choose the best answer.)

A) You can add items to statement definitions directly, and to include items in statements you must add items to a compensation category.
B) You cannot add items to statement definitions directly, and you cannot add items to a compensation category.
C) To include items instatements you must add items to a compensation category.
D) You can add items to statement definitions directly.


3. Which statement is trueregarding elements? (Choose the best answer.)

A) Elements have possibly multiple primary classifications, one secondary classification, and one subclassification.
B) Elements have one primary classification, possibly multiple secondary classifications, and possibly multiple subclassifications.
C) Elements have one primary classification, one secondary classification, and possibly multiple subclassifications.
D) Elements have one primary classification, one secondary classification, and one subclassification.
E) Elements have possibly multiple primary classifications, possible multiple secondary classifications, and possibly multiple subclassifications.


4. Your customer awards three types of bonuses to its workers: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. All three bonusesare awarded by using element entries.
How would you configure the Compensation Statement? (Choose the best answer.)

A) Create one Compensation Category as Bonus and specify thesource type as Element Entry. Associate the three elements with the Compensation Category.
B) Create one Compensation Item as Bonus and specify the source type as Element Entry. Associate the three elements with the CompensationItem.
C) Create three Compensation Items: Joining Bonus, Ad-hoc bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective elements with the respective Items.
D) Create three Compensation Categories: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respectiveElements with the respective Categories.


5. Your customer is planning to configure an Individual Compensation Company Car Plan to include only the Sales department employees. The customer alsowants to restrict luxury model vehicles to executive positions.
Which three statements are true about accomplishing this? (Choose three.)

A) Create an eligibility profile to include the Sales department and the executive positions and attach it to Company Car Plan and the Luxury models option.
B) Create an eligibility profile to include only the Sales department and attach it to Company Car Plan.
C) You cannot achieve this because you cannot attach eligibility profiles with Plan and Option.
D) You can attach eligibility profiles with Plan, Option, or both.
E) Createan eligibility profile to include executive positions and attach it to Company Car Plan.
F) Createan eligibility profile to include the executive positions and attach it to the Luxury models option.


Solutions:

Question # 1
Answer: A
Question # 2
Answer: C
Question # 3
Answer: C
Question # 4
Answer: C
Question # 5
Answer: A,B,E

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