- Exam Code: 1Z0-1049-21
- Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials
- Certification Provider: Oracle
- Corresponding Certification:Workforce Rewards Cloud
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Oracle 1Z0-1049-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Base Pay | - Salary Administration
|
| Topic 2: Workforce Compensation Processing | - Compensation Cycle Management
|
| Topic 3: Compensation Foundation | - Compensation Components Setup
|
| Topic 4: Individual Compensation | - Awards and Compensation Management
|
| Topic 5: Compensation Analytics and Reporting | - Reporting and Analysis
|
| Topic 6: Compensation Statements | - Statement Configuration
|
| Topic 7: Workforce Compensation Plans | - Plan Configuration
|
Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
1. Which three dates are mandatory while creating plan cycles? (Choose three.)
A) Performance Rating Date
B) Default Due Date
C) Plan Access Start Date
D) HR Data Extraction Date
E) Worksheet Update Period Start Date
F) Evaluation Period Start Date
2. A corporation has set up an individual compensation plan for a contribution towards a retirement benefit.
Thiscontribution must be approved by the four-level manager hierarchy.
Identify all the four builders that support a restriction for the number of levels. (Choose four.)
A) Resource
B) Job Level
C) Department Level
D) Management Chain
E) Position
F) Supervisory
3. Your client wants you to create a single Compensation Change statement that includes compensation awarded formultiple plans. What would you, as an implementation consultant, advise your client? (Choose the best answer.)
A) Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.
B) This is possible only in the on-premises model using customization and is not possible in an Saas instance. Therefore, you would respond accordingly to the client.
C) Create a custom data model that can pullcompensation awarded from different plans and display the data using a BI publisher layout.
D) Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.
4. 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 = 41600
B) Annual Salary = 41600, Annualization Salary = 41600
C) Annual Salary = 52000, Annualization Salary = 41600
D) Annual Salary = 32280, Annualization Salary = 52000
5. You want to use the Workforce Compensation Budget pool for a workforce compensation plan. Select the tasks to be performed, in the correct sequence. (Choose the best answer.)
A) Create the workforce compensation plan, Configure the workforce compensation plan details, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Run the StartCompensation Cycle process.
B) Configure the workforce compensation budget pool, Configure the workforce compensation plan details, Run the Start Compensation Cycle process, Create the workforce compensation plan, Create at least one worksheet compensation component and associate the budget pool with it.
C) Create the workforce compensation plan, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Configure the workforce compensation plandetails, Run the Start Compensation Cycle process.
D) Create the workforce compensation plan, Configure the workforce compensation budget pool, Configure the workforce compensation plan details, Create at least one worksheet compensation component and associate the budget pool with it, Run the Start Compensation Cycle process
E) Run the Start Compensation Cycle process, Create the workforce compensation plan, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Configure the workforce compensation plan details.
Solutions:
| Question # 1 Answer: C,E,F | Question # 2 Answer: A,B,C,F | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: A |
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