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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Which two are element classification types? (Choose two.)

A) Secondary
B) Global
C) International
D) Primary
E) US-only

2. The compensation administrator hasconfigured an Annual Salary Review plan that is linked to the performance of employees so that the annual increment amount is based on the rating that an employee has received in the performance evaluation. The percentages are fixed for each of the ratingsby using the dynamic column. All the managers have completed updating the worksheet and the information has been transferred to HR by running the Transfer Workforce Compensation Data to HR process.
After this, the compensation administrator realizes thatthe increment percentages for each of the ratings used in the dynamic column were incorrect. Now each of these incorrect salary records should be deleted and new correct salary record entries should be made for the employees in Manage Salary.
How shouldyou accomplish this? (Choose the best answer.)

A) Run the Back Out Workforce Compensation Data process, correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Data process, and rerun the same compensation plan. Finally transfer the data to HR.
B) Change the plan status to Inactivate and create a new compensation plan with correct percentage increase for each of the ratings.
C) Run the Back Out Workforce Compensation Data process, correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Data process, and rerun the same compensation plan.
D) Run the Back Out Workforce Compensation Data process, run the Refresh Workforce Compensation Data process, return the same compensation plan, and then transfer the data to HR.
E) Correct the percentage increase for each of the ratings, run the RefreshWorkforce Compensation Data process, and return the same compensation plan.

3. Your client's organization is a multi-country organization with headquarters in the US, and managers have direct reports in different countries.
In which three ways canthe compensation currency be displayed? (Choose three.)

A) Each employee's local currency
B) Only one currency can be displayed
C) The corporate currency
D) Preferred currency

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

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

5. Identify three event-driven configurations that can be changed for the delivered variable allocation approval tasks as per business requirements. (Choose three.)

A) Notification Settings
B) Assignment and Routing Policies
C) Approval and Rejection Policies
D) Escalationand Expiration Policies
E) Data Driven Routing

Solutions: