Oracle 1Z0-1049-21 Q&A - in .pdf

  • 1Z0-1049-21 pdf
  • Exam Code: 1Z0-1049-21
  • Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials
  • Updated: Aug 06, 2026
  • Q & A: 180 Questions and Answers
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  • Exam Code: 1Z0-1049-21
  • Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials
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  • Updated: Aug 06, 2026
  • Q & A: 180 Questions and Answers
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  • Exam Code: 1Z0-1049-21
  • Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials
  • Updated: Aug 06, 2026
  • Q & A: 180 Questions and Answers
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1Z0-1049-21 exam dumps

Oracle 1Z0-1049-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Total Compensation Statements- Statement Configuration
  • 1. Display Components
    • 2. Generate Statements
      • 3. Statement Definitions
        Topic 2: Workforce Compensation Processing- Compensation Cycle Management
        • 1. Transfer Data to HR
          • 2. Plan Validation
            • 3. Batch Processes
              • 4. Refresh and Publish Data
                Topic 3: Compensation Foundation- Compensation Components Setup
                • 1. Compensation Categories
                  • 2. Eligibility Profiles
                    • 3. Compensation Objects
                      Topic 4: Compensation Analytics and Reporting- Workforce Compensation Reports
                      - Audit and Monitoring
                      - Compensation Analytics
                      Topic 5: Individual Compensation- Awards and Compensation Management
                      • 1. Compensation History
                        • 2. Individual Compensation Plans
                          • 3. Spot Bonuses
                            Topic 6: Elements, Balances, and Formulas- Manage Balances
                            - Write Fast Formulas
                            - Define Elements
                            Topic 7: Base Pay- Salary Administration
                            • 1. Salary Basis
                              • 2. Salary Components
                                • 3. Grade Rates
                                  • 4. Manage Base Pay
                                    • 5. Compensation Zones
                                      Topic 8: Workforce Compensation Plans- Plan Configuration
                                      • 1. Worksheet Configuration
                                        • 2. Budget Setup
                                          • 3. Plan Access
                                            • 4. Column and Component Design

                                              Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

                                              1. Which statement is correct about secondary element classifications? (Choose the best answer.)

                                              A) They are predefined andcan be edited.
                                              B) They are user-defined and cannot be edited.
                                              C) They are user-defined and can be edited.
                                              D) They are predefined and cannot be edited.


                                              2. The compensation plan that is implemented for your customer has a column that defaults based on a dynamic column. However, as per the customer's requirement, if the value in this column is manually updated in the worksheet by a manager, there should not be any further changes made to it automatically when the "Refresh Data" process is run. How can a compensation administrator achieve this? (Choose the best answer.)

                                              A) by setting up the properties of the column as updatable only once
                                              B) by deselecting the Start Compensation Cycle triggering event in the dynamic column
                                              C) by deselecting the Refresh Data triggering event in the dynamic column
                                              D) by deselecting the Change Worksheet Data triggering event in the dynamic column


                                              3. 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 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.
                                              B) 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
                                              C) 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.
                                              D) 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.
                                              E) 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.


                                              4. The Budget Pool Storage Method selected is "Amount." Oneof the line managers in the organization has twenty employees reporting to him. One of the employees leaves the organization during the compensation cycle.
                                              What will be the effect on the budget allocated to the Line Manager? (Choose the best answer.)

                                              A) The published budgets change whena manager's total eligible salary changes, such as when workers eligibility changes.
                                              B) The published budgets is always a percentage of the total budget pool.
                                              C) The published amounts stay with the manager when workers are reassigned or their eligibility changes.
                                              D) The published budgets change when a manager's total eligible salary changes, such as when workers are reassigned.


                                              5. A corporation has implemented Oracle Fusion Workforce Compensation. Per business requirements, the Fusion consultant must integrate Oracle Fusion Workforce Compensation with Oracle Fusion Benefits to fetch the value of Benefits Amountas one of the input values for the Benefit element to get the eligible salary of an employee for the compensation process.
                                              Identify the option that will enable fetching of the Benefits Amount value. (Choose the best answer.)

                                              A) Select the "Allow User Entry" and "Create a Database Item" check boxes for the element input value.
                                              B) Select "Pay Separately" as the "Special Purpose" option.
                                              C) Create an "Amount" input value at the element eligibility link level.
                                              D) Database items are created by default for the element input values.


                                              Solutions:

                                              Question # 1
                                              Answer: A
                                              Question # 2
                                              Answer: C
                                              Question # 3
                                              Answer: D
                                              Question # 4
                                              Answer: C
                                              Question # 5
                                              Answer: A

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