Oracle 1Z0-1049-21 Exam : Oracle Compensation Cloud 2021 Implementation Essentials

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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Your customer wants to configure a workforce compensation plan with multiple cycles.Identify two correct statements about plan cycles. (Choose two.)

A) A plan can have multiple compensation cycles, each with unique period dates.
B) You can duplicate a cycleand specify the number of months to advance all dates.
C) Each plan that requires a different cycle must be created manually.
D) A plan can have multiple compensation cycles, each with same period dates.

2. What classification can you use if employees submit timecards and you want absences taken by these employees to show on the statement of earnings? (Choose the best answer.)

A) Information Classification
B) Standard Earnings Classification
C) Any classification will result in the absences showing
D) Either Standard Earnings or Absence Classification
E) Either Absence or Information Classification
F) Absence Classification

3. A corporation implemented Oracle Fusion Core HR on a three-tier model with Multiple Employment Terms with Multiple Assignments as the employment model. An employee of the corporation has multiple assignments and multiple employment terms on different payroll frequencies.
What kind of salary basis must be associated with the employee? (Choose the best answer.)

A) One salary basis for allassignments and employment terms
B) A different salary basis associated with each assignment or employment term.
C) One salary basis for each employment terms and one of them can be used for assignment
D) One salary basis for each assignment and one of them can be used for the employment terms

4. After the compensation plan was configured, the Validate Plan Setup process was run successfully with no warnings or errors. However, when the worksheet is accessed by a Line Manager, the Line Manager notices that employees who are ineligible are also visible in the worksheet despite running the Validate Plan Setup process.
What is the reason for this?(Choose the best answer.)

A) The compensation administrator did not run the Validate Plan Setup process and run the Start Compensation Cycle process instead.
B) The Validate Plan Setup process does not validate eligibility profiles.
C) The Validate PlanSetup process failed to report errors from the eligibility profiles.
D) The Validate Plan Setup process showed a warning about errors on the eligibility profiles, which was ignored by the compensation administrator.

5. As an implementation consultant, you are required to define the total compensation statement. You are creating the statement definitions for your compensation statement.
Which three statements are true about the statement definitions? (Choose three.)

A) Edits to compensation categories affect all statement definitions that use that category.
B) Multiple legal employers, multiple countries, and multiple currencies cannot be included in one statement.
C) Reusing statement definitions by creating new statement periods and then modifying the definition for subsequent periods is not possible.
D) Compensation items with sources belonging to different legal employers cannot be added.
E) The statement definition acts as a template and determines the layout and content of the generated statement.
F) The statement definition consists of compensation items added to compensation categories.

Solutions: