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Oracle 1Z0-1049-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Reporting and Analytics | - Dashboards and Metrics - Standard Compensation Reports |
| Topic 2: Approvals and Security | - Role-Based Access Control - Approval Workflow Configuration |
| Topic 3: Worksheet Management | - Worksheet Configuration and Fields - Manager and Employee Interaction |
| Topic 4: Setup and Configuration | - Enterprise Structures and Security Setup - Basic Compensation Configuration |
| Topic 5: Budgeting and Workforce Compensation | - Budget Allocation Methods - Manager Budget Distribution |
| Topic 6: Compensation Plans and Cycles | - Plan Design and Eligibility Rules - Cycle Setup and Administration |
| Topic 7: Implementation and Maintenance | - System Maintenance and Updates - Deployment Considerations |
| Topic 8: Compensation Cloud Overview | - Core Concepts of Workforce Compensation - Key Features and Business Use Cases |
Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
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 worksheet goes to next level for approval.
- B. Lower-level managers can no longer make any updates totheir worksheets.
- C. The lower-level manager's access level is changed to "Approved."
- D. The lower-level manager can still make changes in the worksheet and resubmit it for approval.
- E. The lower-level manager can withdraw the submission and reprocess the compensation allocation.
Correct Answer: A,C,E 🗳️
When a manager clicks the "Prepare in workbook" option, while processing compensation changes, what population would she or he see in the exported Excel spreadsheet? (Choose the best answer.)
- A. Worksheet population
- B. Direct Reports
- C. Entire organization's population under that manager
- D. Budget sheet population
- E. The filtered population
Correct Answer: A 🗳️
A corporation implemented Oracle Fusion WorkforceCompensation. A Salary Basis has been created and attached to the workers and a Compensation cycle has been run. The corporation now wants to use a different Grade rate for the salary basis.
Which option is true? (Choose the best answer.)
- A. After the salary basis is associated with any worker, you cannot delete it or modify any characteristic.
Therefore, a new Salary Basis must be created with a new Grade rate. - B. The salary of an employee is based on the grade to which the employee is assigned. Therefore, nothing has to be changed at the salary basis level once it has been created. Employee data must be modified to reflect the new grade.
- C. No new Grade rate can be created.
- D. A new Grade rate can be created and the Salary basis can be modified to include it.
Correct Answer: B 🗳️
Which item is false regarding plan access? (Choose the best answer.)
- A. A compensation administrator's general access cannot be overridden.
- B. Compensation managers have access to the budget sheet and worksheets for all plans and employee administration tasks.
- C. A compensation administrator's general access can be overridden using roles.
- D. Compensation administrators have access to all plan configuration tasks for all plans.
Correct Answer: A 🗳️
During the compensation review cycle, which two actions occur when a manager is allocated a zero or null budget? (Choose two.)
- A. The manager can manually allocate some budget for his team.
- B. The manager does not have access to the plan.
- C. The available budget becomes negative when the manager makes allocations.
- D. The manager will have read-only access.
Correct Answer: A,D 🗳️
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