Oracle 1Z0-1049-21 Q&A - in .pdf

  • 1Z0-1049-21 pdf
  • Exam Code: 1Z0-1049-21
  • Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials
  • Updated: Sep 01, 2026
  • Q & A: 180 Questions and Answers
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  • Exam Code: 1Z0-1049-21
  • Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials
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  • Q & A: 180 Questions and Answers
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Oracle 1Z0-1049-21 Exam Syllabus Topics:

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

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question 1

Which three dates are mandatory while creating plan cycles? (Choose three.)

A. Plan Access Start Date
B. Worksheet Update Period Start Date
C. HR Data Extraction Date
D. Performance Rating Date
E. Default Due Date
F. Evaluation Period Start Date


Question 2

Your client's organization is a multi-country organization with headquarters in the US, and managers have direct reports in different countries.
In which three ways canthe compensation currency be displayed? (Choose three.)

A. Preferred currency
B. Each employee's local currency
C. The corporate currency
D. Only one currency can be displayed


Question 3

Your customer has standard working hours = 40 hours per week. An employee has the following salary basis setup:
* Working hours = 32 hours per week
* Base pay = 20 USD per hour
What will be the employee's Annual Salary and Annualized full-time salary? (Choose the bestanswer.)

A. Annual Salary = 32280, Annualization Salary = 52000
B. Annual Salary = 52000, Annualization Salary = 41600
C. Annual Salary = 32280, Annualization Salary = 41600
D. Annual Salary = 41600, Annualization Salary = 41600


Question 4

While validating the Workforce Compensation Plan Setup, the compensation administrator encounters the following Warning: "At least one column that adjusts salary is enabled but no components to be posted assalary are selected." What should the compensation administrator do to eliminate this warning? (Choose the best answer.)

A. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and enable Eligible Salary.
B. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Eligible SalaryColumn Properties, select Yes for Post as Salary.
C. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Percentage of Eligible Salary Column Properties, add an Element.
D. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Compensation Amount Column Properties, select Yes for Post as Salary.
E. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab andenable Compensation Amount.


Question 5

A corporation needs to set up a compensation plan for a Housing allowance that will allow the company to grant these allowances to only employees above a particular role.
Identify the option that indicates the correct way of implementing it. (Choose the best answer.)

A. Set up access restrictions to the individual compensation plan using the correct HR action so that it can be added only to the specific roles.
B. Set up role-based security to the individual compensationwork area so that only managers are allowed.
C. They payroll administrator must add the element to the employees in the specified roles, because this cannot be achieved through configuration.
D. Set up a salary basis and restrict the eligibility to the required roles.


Solutions:

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

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