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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question 1

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

Question 2

You client has a requirement that allows a salary adjustment based on the numberof dependents the employee has, and this allowance must be mapped to a separate component. Because this allowance cannot have a logical mapping with any of the predefined components, you decide to create a new salary component called
"Family Allowance".
Which option would you use to achieve this? (Choose the best answer.)

A. The Salary Component Lookup
B. The Compensation Models
C. The Configure Compensation Component task in Manage plans
D. It is not possible to achieve this, because only the delivered salary components can be used.

Question 3

A corporation has implemented Oracle Fusion Workforce Compensation for a manufacturing client. Which is the building block used in the calculation of deductions and exemptions? (Choose the best answer.)

A. Deduction range Values
B. Deduction overrides
C. Deduction ranges
D. Deduction range group

Question 4

Plan access restrictions control the situations in which an individual compensation plan is available for allocations or contributions by a line manager or worker, and regulate a user's ability to create, update, or discontinue allocations or contributions under the plan. What are three common decisions to make about plan access? (Choose three.)

A. if there should be a time period in which a user can create, update, or discontinue allocations or contributions
B. If user access should be based on career levels or earnings thresholds
C. If the plan is going to require updates that are driven by business users in the time frame of the next payroll cycle
D. if there should be a "white list" name criteria for access to the plan
E. if planaccess should be related to HR actions
F. whether or not to restrict access to the plan at all

Question 5

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 lower-level manager's access level is changed to "Approved."
B. The worksheet goes to next level for approval.
C. Lower-level managers can no longer make any updates totheir worksheets.
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.

Solutions: