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Instant Download Oracle : 1Z0-1049-21 Questions & Answers as PDF & Test Engine
- Exam Code: 1Z0-1049-21
- Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials
- Updated: Sep 14, 2026
- No. of Questions: 180 Questions and Answers
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Oracle 1Z0-1049-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Compensation Analytics and Reporting | - Compensation Analytics - Audit and Monitoring - Workforce Compensation Reports |
| Workforce Compensation Processing | - Compensation Cycle Management
|
| Compensation Foundation | - Compensation Components Setup
|
| Elements, Balances, and Formulas | - Define Elements - Manage Balances - Write Fast Formulas |
| Workforce Compensation Plans | - Plan Configuration
|
| Total Compensation Statements | - Statement Configuration
|
| Individual Compensation | - Awards and Compensation Management
|
| Base Pay | - Salary Administration
|
Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
As an implementation consultant, you have created compensation items for the total compensation statement but have not attached them to compensation categories.
In this situation, which statement is correct? (Choose the best answer.)
- A. You cannot add items to statement definitions directly, and you cannot add items to a compensation category.
- B. You can add items to statement definitions directly.
- C. To include items instatements you must add items to a compensation category.
- D. You can add items to statement definitions directly, and to include items in statements you must add items to a compensation category.
Correct Answer: C 🗳️
If you enable Performance Ratings and rate workers within WorkforceCompensation, which two statements are true? (Choose two.)
- A. Managers can rate workers as they allocate compensation.
- B. The ratings are transferred to the Performance Management system or toHR.
- C. These ratings are used across compensation plan and cycles.
- D. You can display compensation ratings given in the previous plan cycle as a column in the worksheet.
Correct Answer: A,D 🗳️
A corporation implemented Oracle Fusion Core HR on a three-tier model with Multiple Employment Terms with Multiple Assignments as the employment model. An employee of the corporation has multiple assignments and multiple employment terms on different payroll frequencies.
What kind of salary basis must be associated with the employee? (Choose the best answer.)
- A. A different salary basis associated with each assignment or employment term.
- B. One salary basis for each employment terms and one of them can be used for assignment
- C. One salary basis for allassignments and employment terms
- D. One salary basis for each assignment and one of them can be used for the employment terms
Correct Answer: B 🗳️
A corporation has implemented Oracle Fusion Workforce Compensation. The consultant must now create an element eligibility link for an Earnings element.
While creating the element eligibility link, whichthree options can be set up in the element eligibility work area? (Choose three.)
- A. general information
- B. auto indirect rules
- C. status processing rules
- D. costing
- E. input values
- F. retroactive components
Correct Answer: B,D,E 🗳️
A corporation is implementing Oracle Fusion Workforce Compensation. Different currencies are set at the Legislative Data Group level, the Organization payment level, the Bank account level, and the payroll element level.
The currency shown whileconfiguring salary basis comes from which level? (Choose the best answer.)
- A. From the Bank account level
- B. From the input value of the payroll element
- C. From the Legislative Data Group level, because that is the highest level in the hierarchy.
- D. From the Organization payment level,because the compensation is finally paid through this
Correct Answer: C 🗳️
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