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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. 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) Job Level
B) Department Level
C) Management Chain
D) Resource
E) Position
F) Supervisory

2. A corporation has implemented Oracle Fusion Workforce Compensation. The consultant creates multiple elements to meet the business requirements.
Which three statements will help him to make a decision about the element classification? (Choosethree.)

A) Predefined secondary classifications can be removed or changed.
B) Primary classifications are provided mainly to reflect tax legislation.
C) Secondary classifications are subsets of the primary classifications.
D) Predefined primary classifications cannot be removed or changed.
E) Elements can have multiple primary and multiple secondary classifications.

3. Your Workforce Compensation Plan has the following Plan Cycle setup:
* Evaluation Period Start Date: 1-Jan-2014
* Evaluation Period End Date: 31-Dec-2014
* Worksheet Update Period Start Date: 1-Jan-2014
* Worksheet UpdatePeriod End Date: 31-Dec-2014
* HR Data Extraction: 31-Dec-2014
* Eligibility Determination Date: 31-Dec-2014
* Worksheet Update Period Start Date: 1-Nov-2014
* Worksheet Update Period End Date: 31-Jan-2015
Due to reorganization in the month of December 2014, theMarketing department was split into two new departments: Branding and Communications, which resulted in transfers of many employees from one manager to another.
You, as the compensation administrator, are required to ensure that all the relevant organizational changes are included in the Compensation Worksheet. What would you have to do to accomplish this? (Choose the best answer.)

A) Run the Refresh Workforce Compensation Data process on 1-Nov-2014 because that is the date when line managers start updating the worksheet.
B) Run the Back Out Workforce Compensation Data process with the "Full back out" option.
C) Schedule the Refresh Workforce Compensation Data process nightly to ensure that line managers see the most current data,including the recent transfers and other employment changes.
D) Validate Plan Setup to ensure that all HR Data updates are accounted in the worksheet.

4. Identify four correcthistory categories when setting up compensation history. (Choose four.)

A) Payroll Elements
B) Recruiting Payments
C) Stock
D) Non-Recruiting Payments
E) Salary
F) Other Compensation

5. Which three tasks are part of Plan Foundation Configuration Options? (Choosethree.)

A) Feedback Survey
B) Plan Currency
C) Components
D) Alerts
E) Plan Access

Solutions: