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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Your customer wants to configure a workforce compensation plan with multiple cycles.Identify two correct statements about plan cycles. (Choose two.)

A) Each plan that requires a different cycle must be created manually.
B) You can duplicate a cycleand specify the number of months to advance all dates.
C) A plan can have multiple compensation cycles, each with unique period dates.
D) A plan can have multiple compensation cycles, each with same period dates.

2. A corporation has implemented Oracle Fusion Workforce Compensation for a manufacturing client. Which is the building block used in the calculation of deductions and exemptions? (Choose the best answer.)

A) Deduction range Values
B) Deduction overrides
C) Deduction ranges
D) Deduction range group

3. While administering compensation, the managers in the organization want to first allocate compensation to the outstanding performers with compa-ratio less than 80 and, therefore, want to view only this population. How would you, as a consultant, help the managers toachieve this? (Choose the best answer.)

A) This cannot bedone once the population is finalized and the compensation cycle is started.
B) Control the population by using eligibility profiles.
C) Use the Advanced Filter option in the worksheet to create a custom condition.
D) Use the sort feature in the worksheet to control this.

4. Your client wants to offer a spot incentive bonus to hourly employees who worked 100 percent of their scheduled shift hours in a three-month period. What type of eligibility profile can you use in this case?
(Choose the best answer.)

A) Derived-factor-based eligibility profile
B) Employment-criteria-based eligibility profile
C) User-defined-criteria-based eligibility profile
D) Fast-formula-based eligibility profile

5. Identify the four correct options about the summary tables in the compensation history. (Choose four.)

A) The summary table of payroll elements gives detailed information about element, input value, actual value and the grand total for the year.
B) The Salary summary table gives detailed information about salary history, percentagechange, compa-ratio, and growth rate.
C) The summary table of other compensation gives detailed information about effective date, amount, currency, and grand total information about all awards.
D) The summary table of recruiting payments gives detailed information about effective date, amount, currency, and grand total information for an individual award or compensation amounts.
E) The Stock summary table gives detailed information about grant date and price, granted, vested, and unvested shares, and the estimated value of unvested shares.

Solutions: