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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Identify four correcthistory categories when setting up compensation history. (Choose four.)

A) Recruiting Payments
B) Payroll Elements
C) Salary
D) Non-Recruiting Payments
E) Stock
F) Other Compensation

2. While configuring the Budget page, which five tabs are available in Page Layout? (Choose five.)

A) Actions
B) Information
C) Detail table
D) Worker List
E) Summary
F) Comments
G) Budgeting

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

4. You create a compensation plan and attach a Compensation Performance rating model to it. While themanager is allocating compensation, he specifies a rating for each of the employees under him. Where will the rating specified by the manager be available? (Choose the best answer.)

A) To the current compensation plan and the Performance Management system
B) Only within the current compensation plan and all cycles associated with it
C) Only within the current compensation plan and the current cycle
D) To the current compensation plan and HR system

5. An Organization tracks compensation that is not stored in the Benefit Balance, Element Entry, External Data, and Payroll Balance source types. Which three statementsare true about configuring Compensation Items for a Compensation Statement? (Choose three.)

A) Legislative Data Group ID can be used as Context when implementing the source type for such Items.
B) Person ID can be used as Context when implementingthe source type for such Items.
C) Currency can be used as Context when implementing the source type for such Items.
D) Manager ID can be used as Context when implementing the source type for such Items.
E) Effective Date can be used as Context when implementing the source type forsuch Items.

Solutions: