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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Your client wants to offer a spot incentive bonus to hourly employees who worked 100 percent of their scheduled shift hours in a three-month period. What type of eligibility profile can you use in this case?
(Choose the best answer.)

A) Employment-criteria-based eligibility profile
B) User-defined-criteria-based eligibility profile
C) Fast-formula-based eligibility profile
D) Derived-factor-based eligibility profile

2. As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for Salary, Merit Increase, and so on. Identify one set of values that Compensation Items can hold. (Choose the best answer.)

A) Monetary, Nonmonetary, Timestamp, Text
B) Monetary, Nonmonetary, Date, Text
C) Monetary, Nonmonetary, Date,Boolean
D) Monetary, Timestamp, Boolean

3. A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up the following for all employees:
* Salary paid based on the grades of employees.
* Car allowance paid based on the department and position.
* Spot bonus paid based on a committee's decision.
Identify the correctoption for the setup. (Choose the best answer.)

A) Set up Salary and the spot bonus as two salary bases, because there are no eligibility restrictions. Set up the carallowance as an individual compensation plan. Add the required payroll elements and add eligibility profiles for the car allowance for specific departments and positions.
B) Set up a salary basis for "Salary" and associate a grade rate matrix and the payroll element to it. Set up individual compensation plans for the car allowance and spot bonus, and restrict the access to line manager and HR specialist respectively. Additionally, add an eligibility profile to the car allowance to restrict it to specific departments and positions.
C) Set up a salary basis for "Salary" and associate a grade rate matrix to it, and add a carallowance and spot bonus as components for the salary basis along with Salary. Attach the required payroll elements to the salary. Have salary validations to restrict access and payment for specific departments and positions.
D) Set up on individual compensation plan with all three options. Add the required payroll elements and add restriction based on eligibility profiles and plan access.

4. A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up the Deductions options.
If Deduction cards are supported at multiple levels, which task in the Setup and Maintenance Work area is used to create deduction card overrides at the Payroll Statutory Unit level? (Choose the best answer.)

A) Manage Legal Reporting Unit Deduction Records
B) Manage Payroll Deductions
C) Manage Personal Deductions
D) Manage Legal Entity DeductionRecords

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 lower-level manager can still make changes in the worksheet and resubmit it for approval.
C) Lower-level managers can no longer make any updates totheir worksheets.
D) The worksheet goes to next level for approval.
E) The lower-level manager can withdraw the submission and reprocess the compensation allocation.

Solutions: