] 1Z0-1049-21 Learning Materials: Oracle Compensation Cloud 2021 Implementation Essentials - 1Z0-1049-21 Actual Lab Questions

Oracle Compensation Cloud 2021 Implementation Essentials : 1Z0-1049-21

  • Exam Code: 1Z0-1049-21
  • Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials
  • Updated: Aug 06, 2026
  • Q & A: 180 Questions and Answers

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Oracle 1Z0-1049-21 Exam Syllabus Topics:

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

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. You are required to explain to your client the use of Hierarchy design in Compensation Process. Which two Compensation-related activities use Hierarchy? (Choose two.)

A) Feedback survey
B) Plan access
C) Approval routing
D) Sending Compensation alerts
E) Allocating budgets


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

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


3. While you are setting up Stock Details, you notice that the details you entered are different from the ones showing up in system.
What could have been the possible reasons for this? (Choose the best answer.)

A) You may have forgotten to save the changes made.
B) You do not have the privileges to change Stock Details.
C) Another administrator might have accessed these settings after you have saved it.
D) Network connectivity issue may have hindered your data being sent to the server.


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

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


5. As an implementation consultant, you are defining entry values for an element in the Fusion application.
Which statement is true about selecting the rules for the element's entry value? (Choose the best answer.)

A) An element with the Automatic Entry option selected can allow multiple entries in the same period.
B) An element with the Automatic Entry option selected can allow multiple entries in the same period, and an element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
C) An element with the Automatic Entry option selected cannot allow multiple entries in the same period.
D) An element with the Automatic Entry option not selected cannot allow multiple entries in the same period.


Solutions:

Question # 1
Answer: C,E
Question # 2
Answer: C
Question # 3
Answer: C
Question # 4
Answer: E
Question # 5
Answer: C

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