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Oracle 1Z0-1049-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Base Pay- Salary Administration
  • 1. Grade Rates
  • 2. Salary Basis
  • 3. Salary Components
  • 4. Manage Base Pay
  • 5. Compensation Zones
Topic 2: Individual Compensation- Awards and Compensation Management
  • 1. Individual Compensation Plans
  • 2. Compensation History
  • 3. Awards and Spot Bonuses
Topic 3: Workforce Compensation Plans- Plan Configuration
  • 1. Plan Access
  • 2. Budget Setup
  • 3. Column and Component Design
  • 4. Worksheet Configuration
Topic 4: Workforce Compensation Processing- Compensation Cycle Management
  • 1. Compensation Processes
  • 2. Batch Processes
  • 3. Plan Validation
  • 4. Refresh and Publish Data
Topic 5: Compensation Foundation- Compensation Components Setup
  • 1. Compensation Objects
  • 2. Eligibility Profiles
  • 3. Compensation Categories
Topic 6: Compensation Statements- Statement Configuration
  • 1. Display Components
  • 2. Statement Definitions
  • 3. Generate Compensation Statements
Topic 7: Compensation Analytics and Reporting- Reporting and Analysis
  • 1. Audit and Monitoring
  • 2. Compensation Analytics
  • 3. Workforce Compensation Reports

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A corporation has set up an individual compensation plan for a contribution. This contribution needs an approval hierarchy to be set up.
Identify the four correct optionsregarding approval setup. (Choose four.)

A) Expiry, Escalation, and renew settings are possible for notifications.
B) The notifications sent to the approvers can be made actionable.
C) Task attachments cannot be sent using email notifications.
D) Approvals can be set up to be completed when one of the approvers takes an action such as Approve or Reject.
E) Reminders can be set for a fixed duration either before expiration or after assignment.


2. Which is the correct priority of deduction information from highest to lowest? (Choose the best answer.)

A) 1. Payroll statutory unit deduction card. 2. Tax reporting unit deduction card. 3. Payroll deduction range values (legislative data group level) 4. Personal deduction card (payroll relationship level).
B) 1.Personal deduction card (payroll relationship level). 2. Tax reporting unit deduction card. 3. Payroll statutory unit deduction card. 4. Payroll deduction range values (legislative data group level).
C) 1. Personal deduction card (payroll relationship level). 2. Payroll statutory unit deduction card. 3. Tax reporting unit deduction card. 4. Payroll deduction range values (legislative data group level).
D) 1.Personal deduction card (payroll relationship level). 2. Payroll deduction range values (legislative data group level) 4. Payroll statutory unit deduction card. 4. Tax reporting unit deduction card.


3. You are responsible forconfiguring an individual compensation plan with multiple options. Which two statements are true about the plan options? (Choose two.)

A) You can associate each option with the same payroll element and input value.
B) You can associate each payroll element with one option but with multiple plans.
C) You can associate each payroll element with only one plan and option.
D) You can associate each payroll element with multiple plans and options.
E) You can associate each option with only one payroll element and input value.


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

A) A compensation administrator's general access cannot be overridden.
B) Compensation administrators have access to all plan configuration tasks for all plans.
C) A compensation administrator's general access can be overridden using roles.
D) Compensation managers have access to the budget sheet and worksheets for all plans and employee administration tasks.


5. While configuring the Budget page, you enable the "Compensation Performance Rating" column from which section? (Choose the best answer.)

A) Summary
B) Detail table
C) Information
D) Actions
E) Worker List


Solutions:

Question # 1
Answer: A,B,D,E
Question # 2
Answer: B
Question # 3
Answer: D,E
Question # 4
Answer: A
Question # 5
Answer: B

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