Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question #1
A corporation implemented Oracle Fusion Workforce Compensation. A salary basis has been created and attached to the employee and a compensation cyclehas been run. The corporation wants to include a new component as part of the salary basis.
Which three are predefined components? (Choose three.)

A. Adjustment due to corrections within the organization
B. Regular and automatic adjustment
C. Market adjustment due to salary being out of line with the market
D. Equity adjustment to correct salary compression or inversion

Question #2
A corporation has generated total compensation statements and allworkers received their total compensation statements. As a compensation executive, you realize that some corrections are needed in the generated statements.
Which corrective action will you take? (Choose the best answer.)

A. Edit "Statement Definition," make the required corrections, and regenerate the total compensation statements as a newer version.
B. Start manual changes in each worker's total compensation statement.
C. Ignore any corrective action.
D. Educate the workers that corrections are not possible after the total compensation statements have been generated.

Question #3
As a compensation executive, you are required to upload stock data sent by a vendor of a corporation into the Fusion application.
Which option is the correct method to do so? (Choose the best answer.)

A. Manage Stock Grants >> Import Source
B. Manage Stock Grants >> Import Category
C. Manage Stock Grants >> Import Items
D. Manage Stock Grants >> Prepare Import Spreadsheet

Question #4
A corporation has implemented Oracle Fusion Workforce Compensation. The requirement is that Bonus Amount should be given only to the Full-Time Assignment categoryemployees who work on weekly payroll.
Additionally, the costing information must be transferred to General Ledger.
Which implementation approach is correct for creating the required element? (Choose the best answer.)

A. creatingan auto-indirect rule and setting up costing information at the auto-indirect level
B. creating status processing rules and setting up costing information at the status processing level
C. creating an element eligibility link and setting up costing information at the link level
D. creating an input value and setting up costing information at the input value level

Question #5
Your customer wants to give its employees a way to donate to charity. This donation could be started anytime in the year and can be updated or stoppedonly during the month of September.
Identify the correct set of plan restriction to achieve the desired results. (Choose the best answer.)

A. The individual compensation plan must be set up with the following restrictions:
New Allocations: Always
Update Allocations: Specific period Sep 1-Sep 30
Discontinue Allocations: Specific period Sep 1 - Sep 30
B. The individual compensation plan must be set up with "NO" for plan access restriction.
C. The individual compensation plan must be set up with thefollowing restrictions:
Create Allocations: Always
Update Allocations: Specific period Sep 1 - Sep 30
Discontinue Allocations: Specific period Sep 1 - Sep 30
D. The individual compensation plan must be set up with the following restrictions:
New Allocations: Always
Update Allocations: Specific period Sep 1- Sep 30
Withdraw Allocations: Specific period Sep 1 - Sep 30

Solutions: