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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A corporation has implemented Oracle Fusion Workforce Compensation. A Salary basis has been created to manage employees' salaries. It has a payroll element attached. As part of the Salary changes, when the compensation manager is trying toupdate the Salary amounts, the same is not reflecting in the payroll elements entries of the employee.
Identify the two possible causes for the issue. (Choose two.)

A) No components are defined to handle these salary adjustments.
B) Automatic entry is checkedat the element eligibility link for the payroll element used.
C) Automatic entry is checked for the payroll element used.
D) Salary basis is configured to be non-updatable.

2. As an implementation consultant, you want to override the currency on the item definition. The United States Dollar currency iscurrently specified on it. This needs to be overridden to the Indian Rupee. What are the two approaches that you should use to override the currency of the compensation item from the United States Dollar to the Indian Rupee? (Choose two.)

A) Define a Compensation Statement Definition that includes the item and has currency defined as the Indian Rupee.
B) Define a Category that includes the item and has currency defined as the IndianRupee.
C) Define a formula that retrieves compensation and specifies currency as the Indian Rupee.
D) Define the source type as Benefit Balance, which has currency specified in the Indian Rupee.

3. While working on the compensation changes in an Excel workbook, a manger selects the Upload option and then tries to immediately download the uploaded data. As a consultant, you advise him not to do so because of which reason? (Choose the best answer.)

A) This action causes the committed data to roll back, thereby revoking the changes processed.
B) The data uploaded takes some time to be processed by the server and, therefore, when download is clicked immediately, it might still show the older data.
C) This action causes the committed data to download immediately, thereby obscuring the error messages.
D) When the Upload button is clicked, the data is loaded to a staging table and an upload process is triggered. This process has to complete successfully before the new data can be downloaded.

4. 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 ranges
B) Deduction range group
C) Deduction range Values
D) Deduction overrides

5. A corporation has set up an individual compensation plan for a contribution towards a retirement benefit.
Thiscontribution must be approved by the four-level manager hierarchy.
Identify all the four builders that support a restriction for the number of levels. (Choose four.)

A) Job Level
B) Department Level
C) Position
D) Resource
E) Management Chain
F) Supervisory

Solutions: