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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. You are configuring a work-administered individual compensation plan where your workers can enroll in the plan anytime during the year, but can discontinue their contributions only in the month of March each year.
How should you achieve this? (Choose the best answer.)

A) Select specific HR actions such as transfer, promotion, and new hire for the plan with access level for each action allowed during a specific period.
B) Do not select any additional actions other than Manage Contributions with access level as Create:
Always allowed; Update: Allowed during a specified period; Discontinuing: Never allowed.
C) Make the plan available for all actions in the list with access level for each action Always allowed.
D) Do not select any additional actionsother than Manage Contributions with access level for each action as Create: Always allowed; Update: Never allowed; Discontinuing: Allowed during a specified period.

2. Which statement is trueregarding elements? (Choose the best answer.)

A) Elements have possibly multiple primary classifications, one secondary classification, and one subclassification.
B) Elements have possibly multiple primary classifications, possible multiple secondary classifications, and possibly multiple subclassifications.
C) Elements have one primary classification, one secondary classification, and possibly multiple subclassifications.
D) Elements have one primary classification, one secondary classification, and one subclassification.
E) Elements have one primary classification, possibly multiple secondary classifications, and possibly multiple subclassifications.

3. Which item is false regarding plan access? (Choose the best answer.)

A) Compensation administrators have access to all plan configuration tasks for all plans.
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 cannot be overridden.
D) A compensation administrator's general access can be overridden using roles.

4. Which four tasks are part of Worksheet Configuration Options? (Choose four.)

A) Components
B) Compensation change statements
C) Alerts
D) Models
E) Plan cycles
F) Performance ratings

5. Identify the two valid formula types applicable for Workforce Compensation Plans. (Choose two.)

A) Compensation CurrencySelection
B) Compensation Organization Selection
C) Compensation Item Selection
D) Compensation Person Selection
E) Compensation amounts Selection

Solutions: