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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question 1

What happens if eligibility requirements aredifferent for components than they are for a plan? (Choose the best answer.)

A. Component-level eligibility isevaluated before plan-level eligibility.
B. This is not possible. Component-level eligibility is always identical to plan-level eligibility.
C. Plan-level eligibility is evaluated before component-level eligibility.
D. Component-level eligibility is ignored and a warning is reported.
E. Plan-level eligibility is ignored and a warning is reported.

Question 2

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

Question 3

A corporation has implemented Oracle Fusion Workforce Compensation. Per business requirements, the Fusion consultant must integrate Oracle Fusion Workforce Compensation with Oracle Fusion Benefits to fetch the value of Benefits Amountas one of the input values for the Benefit element to get the eligible salary of an employee for the compensation process.
Identify the option that will enable fetching of the Benefits Amount value. (Choose the best answer.)

A. Database items are created by default for the element input values.
B. Select "Pay Separately" as the "Special Purpose" option.
C. Create an "Amount" input value at the element eligibility link level.
D. Select the "Allow User Entry" and "Create a Database Item" check boxes for the element input value.

Question 4

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

Question 5

Identify four correcthistory categories when setting up compensation history. (Choose four.)

A. Stock
B. Recruiting Payments
C. Payroll Elements
D. Other Compensation
E. Salary
F. Non-Recruiting Payments

Solutions: