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Oracle 1Z0-1049-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Individual Compensation | - Awards and Compensation Management
|
| Compensation Statements | - Statement Configuration
|
| Workforce Compensation Plans | - Plan Configuration
|
| Base Pay | - Salary Administration
|
| Compensation Foundation | - Compensation Components Setup
|
| Workforce Compensation Processing | - Compensation Cycle Management
|
| Compensation Analytics and Reporting | - Reporting and Analysis
|
Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
Your client's organization is a multi-country organization with headquarters in the US. All employees are covered under one global compensation plan. However, the managers in each country want to administer compensation in their country's respective currency. How would you enable this feature?(Choose the best answer.)
- A. Use fast formula to display the employee currency using conversion rates.
- B. Set the preferred currency in the worksheet.
- C. Display the corporate currency.
- D. Enable Currency Switching.
Correct Answer: D 🗳️
The compensation administrator wants to run Purge Workforce Compensation Data for one of the past compensation plans because the transaction data from that period is not required anymore. However, the compensation administrator does not get the option to include the said plan. What is the reason for this?
(Choose the best answer.)
- A. Purge Workforce Compensation Data can be run only for compensation plans with Inactive status.
- B. Purge Workforce Compensation Data can be run only after Back Out Workforce Compensation Data is run withthe "Full Back Out" option.
- C. Purge Workforce Compensation Data can be run only for compensation plans that are valid for the future.
- D. Purge Workforce Compensation Data cannot be run because the Transfer Workforce Compensation Data to HR process has already been run and compensation data transferred to HR.
Correct Answer: B 🗳️
As an implementation consultant, you have created compensation items for the total compensation statement but have not attached them to compensation categories.
In this situation, which statement is correct? (Choose the best answer.)
- A. You can add items to statement definitions directly.
- B. You can add items to statement definitions directly, and to include items in statements you must add items to a compensation category.
- C. You cannot add items to statement definitions directly, and you cannot add items to a compensation category.
- D. To include items instatements you must add items to a compensation category.
Correct Answer: D 🗳️
Your customer must use Grade Ladders to suitthe industry in which it operates. How should you define the Grade Ladders that the customer needs? (Choose the best answer.)
- A. byusing Min, Max, and Mid Point rate values
- B. by using LDG-specific Grade Min, Max, and Mid Point rate values
- C. by associating the Grade Ladders with legal entities
- D. by using steps and rate values
Correct Answer: A 🗳️
A corporation has implemented Oracle Fusion Workforce Compensation. A Salary basis has been created to manage employees' salaries. It has a payroll element attached. As part of the Salary changes, when the compensation manager is trying toupdate the Salary amounts, the same is not reflecting in the payroll elements entries of the employee.
Identify the two possible causes for the issue. (Choose two.)
- A. No components are defined to handle these salary adjustments.
- B. Automatic entry is checked for the payroll element used.
- C. Automatic entry is checkedat the element eligibility link for the payroll element used.
- D. Salary basis is configured to be non-updatable.
Correct Answer: B,D 🗳️
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