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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question 1

Your customer's compensation manager needs to know, what are the four valid statuses of the compensationworksheet? (Choose four.)

A. Budget Available
B. Unprocessed
C. Started
D. Submitted
E. Partially approved
F. Processed
G. Fully Approved
H. Closed

Question 2

A corporation is implementing Oracle Fusion Workforce Compensation and needs toset up compensation history.
Identify the three correct options regarding the various compensations shown in the history. (Choose three.)

A. The summary in the compensation history shows the data for only five years.
B. Compensation history automatically retrieves salary and stock-related information. The Recruiting payments and other categories have to be added manually.
C. Compensation history shows one-time payments in other compensation and allowances paid regularly in recruiting payments.
D. Compensation history displays six categories of compensation.

Question 3

The manager administering compensation has the option to create budget models to be used to allocate compensation.
Which fouroptions regarding compensation modeling are correct? (Choose four.)

A. Modeling enables managers to automatically allocate compensation to employees who meet certain criteria.
B. Managers can use a model created by compensation professionals.
C. Managers can create their own models and use them.
D. A model can be shared with the direct reports of the creator.
E. Managers cannot sharea model created by them.
F. Access of a model is limited only to the creator of the model.

Question 4

Your customer must use Grade Ladders to suitthe industry in which it operates. How should you define the Grade Ladders that the customer needs? (Choose the best answer.)

A. byusing Min, Max, and Mid Point rate values
B. by using LDG-specific Grade Min, Max, and Mid Point rate values
C. by associating the Grade Ladders with legal entities
D. by using steps and rate values

Question 5

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

Solutions: