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

1Z0-1049-21 actual test
  • Exam Code: 1Z0-1049-21
  • Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials
  • Updated: Jul 26, 2026
  • Q & A: 180 Questions and Answers
  • PDF Demo
  • PC Test Engine
  • Online Test Engine
  • Total Price: $59.99  

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Oracle 1Z0-1049-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Compensation Foundation- Compensation Components Setup
  • 1. Compensation Categories
  • 2. Compensation Objects
  • 3. Eligibility Profiles
Topic 2: Workforce Compensation Plans- Plan Configuration
  • 1. Plan Access
  • 2. Budget Setup
  • 3. Column and Component Design
  • 4. Worksheet Configuration
Topic 3: Base Pay- Salary Administration
  • 1. Manage Base Pay
  • 2. Salary Basis
  • 3. Compensation Zones
  • 4. Grade Rates
  • 5. Salary Components
Topic 4: Individual Compensation- Awards and Compensation Management
  • 1. Awards and Spot Bonuses
  • 2. Compensation History
  • 3. Individual Compensation Plans
Topic 5: Workforce Compensation Processing- Compensation Cycle Management
  • 1. Plan Validation
  • 2. Batch Processes
  • 3. Compensation Processes
  • 4. Refresh and Publish Data
Topic 6: Compensation Analytics and Reporting- Reporting and Analysis
  • 1. Compensation Analytics
  • 2. Audit and Monitoring
  • 3. Workforce Compensation Reports
Topic 7: Compensation Statements- Statement Configuration
  • 1. Statement Definitions
  • 2. Generate Compensation Statements
  • 3. Display Components

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Identify the delivered workflow task for variable allocation approvals that has no rules. (Choose the best answer.)

A) VariableAllocationTask
B) VariableApprovalFYITask
C) VariableApprovalTask
D) VariableAllocationFYITask
E) VariableContributionTask


2. A corporation is implementing Oracle Fusion Workforce Compensation. Different currencies are set at the Legislative Data Group level, the Organization payment level, the Bank account level, and the payroll element level.
The currency shown whileconfiguring salary basis comes from which level? (Choose the best answer.)

A) From the input value of the payroll element
B) From the Legislative Data Group level, because that is the highest level in the hierarchy.
C) From the Bank account level
D) From the Organization payment level,because the compensation is finally paid through this


3. When upper-level managers change the plan access ofone or more lower-level managers, they receive a notification informing them about the change in access. Which option do they receive to act on the notification? (Choose the best answer.)

A) Accept
B) Reject
C) Dismiss
D) Reply


4. Which three statements are true regarding plan cycles? (Choose three.)

A) You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.
B) You can display a target amount or custom score from a previous plan cycle in the current plan cycle.
C) All active plans are available to be cross-referenced, even plans with no started cycles.
D) Active plans are available to be cross-referenced, except plans with no started cycles.
E) You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.


5. While implementing, you are grouping compensation items and categories for displaying them together.
Therefore, when planning how to group compensation items and categories, you must considerwhich three options? (Choose three.)

A) Statement definitions
B) Category Detail
C) Contribution Type and Unit of Measure
D) Level of detail
E) Compensation Items
F) Category Type


Solutions:

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

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