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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. While administering compensation for the workforce, a manger accidentally approves a lower manager's worksheet.
Which three statements will be truein this case? (Choose three.)

A) The lower-level manager's access level is changed to "Approved."
B) The lower-level manager can withdraw the submission and reprocess the compensation allocation.
C) Lower-level managers can no longer make any updates totheir worksheets.
D) The worksheet goes to next level for approval.
E) The lower-level manager can still make changes in the worksheet and resubmit it for approval.

2. The compensation administrator wants to run the batch process to administer the compensation cycle. Which are the four valid batch processes in terms of the compensation module? (Choose four.)

A) Transfer Workforce Compensation Data to HR
B) Start Workforce Compensation Cycle
C) Adjust Workforce Compensation Enrollment Window
D) Evaluate Workforce Compensation Participation
E) Back Out Workforce Compensation Data
F) Refresh Workforce Compensation Data

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

4. A corporation started giving performance bonuses to eligible employees on a monthly basis. As a compensation administrator, you are required to display performance bonuses withsimilar or related compensation items.
How will you configure this requirement in the Fusion application? (Choose the best answer.)

A) Attach performance bonuses to similar compensation items.
B) Attach performance bonuses to similar sources.
C) Attach performance bonuses to similar compensation categories/subcategories.
D) Attach performance bonuses to similar elements.

5. A corporation needs to set up a compensation plan for a Housing allowance that will allow the company to grant these allowances to only employees above a particular role.
Identify the option that indicates the correct way of implementing it. (Choose the best answer.)

A) Set up a salary basis and restrict the eligibility to the required roles.
B) Set up role-based security to the individual compensationwork area so that only managers are allowed.
C) They payroll administrator must add the element to the employees in the specified roles, because this cannot be achieved through configuration.
D) Set up access restrictions to the individual compensation plan using the correct HR action so that it can be added only to the specific roles.

Solutions: