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

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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Your customer wants line managers to be able to access the active workforce compensation plan during the first three months of the Plan period, but not to update it. The evaluation period start and end dates for the plan areJanuary 1 to December 31 of the year.
How should you set this up? (Choose the best answer.)

A) Configure Worksheet update period start and end dates from January 1 to December 31 of the year.
B) Configure Worksheet update period start and end dates from January 1 to March 31 of the year and Plan access start and end dates from April 1 to December 31 of the year.
C) Configure Plan access start and end dates from January 1 to March 31 of the year and Worksheet update period start and end dates from April 1 to December 31 ofthe year.
D) Configure Plan access start and end dates from January 1 to December31 of the year.

2. An administrator of a corporation needs to view a worker's salary basis, change it, view the salary history, and do a graphical analysis of changes made to the salary. However, the administrator is not able to do these things.
Identify the three correct roles that will give the administrator access to complete the process. (Choose three.)

A) Compensation Manager
B) Expenses Manager
C) Line Manager
D) HR Specialist

3. As compensation manager, you are generating a total compensation statement for a corporation. Which two options are mandatory to be used as inputs while generating the total compensation statement? (Choose two.)

A) Statement Definition Name
B) Legal Employer
C) Statement Period
D) Compensation Category

4. What happens if you include ineligible workers on the worksheet? (Choose the best answer.)

A) It displays ineligible workers but managers cannot allocate compensation, promote workers, or rate worker performance.
B) It does not display ineligible workers and managers cannot allocate compensation, promote workers, or rate worker performance.
C) It displays ineligible workers but managers can allocate compensation, promote workers, and rate worker performance.
D) It does not display ineligible workers but managers can allocate compensation, promote workers, or rate worker performance.

5. A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up the following for all employees:
* Salary paid based on the grades of employees.
* Car allowance paid based on the department and position.
* Spot bonus paid based on a committee's decision.
Identify the correctoption for the setup. (Choose the best answer.)

A) Set up Salary and the spot bonus as two salary bases, because there are no eligibility restrictions. Set up the carallowance as an individual compensation plan. Add the required payroll elements and add eligibility profiles for the car allowance for specific departments and positions.
B) Set up on individual compensation plan with all three options. Add the required payroll elements and add restriction based on eligibility profiles and plan access.
C) Set up a salary basis for "Salary" and associate a grade rate matrix to it, and add a carallowance and spot bonus as components for the salary basis along with Salary. Attach the required payroll elements to the salary. Have salary validations to restrict access and payment for specific departments and positions.
D) Set up a salary basis for "Salary" and associate a grade rate matrix and the payroll element to it. Set up individual compensation plans for the car allowance and spot bonus, and restrict the access to line manager and HR specialist respectively. Additionally, add an eligibility profile to the car allowance to restrict it to specific departments and positions.

Solutions: