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Oracle 1Z0-1049-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Elements, Balances, and Formulas | - Define Elements - Write Fast Formulas - Manage Balances |
| Compensation Analytics and Reporting | - Audit and Monitoring - Compensation Analytics - Workforce Compensation Reports |
| Workforce Compensation Processing | - Compensation Cycle Management
|
| Workforce Compensation Plans | - Plan Configuration
|
| Total Compensation Statements | - Statement Configuration
|
| Individual Compensation | - Awards and Compensation Management
|
| Compensation Foundation | - Compensation Components Setup
|
| Base Pay | - Salary Administration
|
Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
Which three tasks are part of Plan Foundation Configuration Options? (Choosethree.)
- A. Components
- B. Alerts
- C. Plan Currency
- D. Plan Access
- E. Feedback Survey
Correct Answer: A,C,D 🗳️
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 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.
- C. Create one Compensation Item as Bonus and specify the source type as Element Entry. Associate the three elements with the CompensationItem.
- D. 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.
Correct Answer: D 🗳️
A corporation started giving performance bonuses to eligible employees on a monthly basis. As a compensation administrator, you are required to display performance bonuses withsimilar or related compensation items.
How will you configure this requirement in the Fusion application? (Choose the best answer.)
- A. Attach performance bonuses to similar sources.
- B. Attach performance bonuses to similar compensation categories/subcategories.
- C. Attach performance bonuses to similar compensation items.
- D. Attach performance bonuses to similar elements.
Correct Answer: B 🗳️
As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for Salary, Merit Increase, and so on. Identify one set of values that Compensation Items can hold. (Choose the best answer.)
- A. Monetary, Nonmonetary, Date,Boolean
- B. Monetary, Nonmonetary, Timestamp, Text
- C. Monetary, Nonmonetary, Date, Text
- D. Monetary, Timestamp, Boolean
Correct Answer: B 🗳️
Identify the delivered workflow task for variable allocation approvals that has no rules. (Choose the best answer.)
- A. VariableApprovalTask
- B. VariableAllocationTask
- C. VariableContributionTask
- D. VariableAllocationFYITask
- E. VariableApprovalFYITask
Correct Answer: E 🗳️
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