Oracle Compensation Cloud 2021 Implementation Essentials: 1Z0-1049-21 Exam
"Oracle Compensation Cloud 2021 Implementation Essentials", also known as 1Z0-1049-21 exam, is a Oracle Certification. With the complete collection of questions and answers, ExamcollectionPass has assembled to take you through 180 Q&As to your 1Z0-1049-21 Exam preparation. In the 1Z0-1049-21 exam resources, you will cover every field and category in Workforce Rewards Cloud Certification helping to ready you for your successful Oracle Certification.
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- Exam Code: 1Z0-1049-21
- Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials
- Certification Provider: Oracle
- Corresponding Certification: Workforce Rewards Cloud
- Updated: Sep 20, 2026
- No. of Questions: 180 Questions & Answers with Testing Engine
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Oracle 1Z0-1049-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Base Pay | - Salary Administration
|
| Individual Compensation | - Awards and Compensation Management
|
| Compensation Statements | - Statement Configuration
|
| Compensation Analytics and Reporting | - Reporting and Analysis
|
| Workforce Compensation Plans | - Plan Configuration
|
| Workforce Compensation Processing | - Compensation Cycle Management
|
| Compensation Foundation | - Compensation Components Setup
|
Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
The Budget Pool Storage Method selected is "Amount." Oneof the line managers in the organization has twenty employees reporting to him. One of the employees leaves the organization during the compensation cycle.
What will be the effect on the budget allocated to the Line Manager? (Choose the best answer.)
- A. The published budgets is always a percentage of the total budget pool.
- B. The published budgets change whena manager's total eligible salary changes, such as when workers eligibility changes.
- C. The published budgets change when a manager's total eligible salary changes, such as when workers are reassigned.
- D. The published amounts stay with the manager when workers are reassigned or their eligibility changes.
Correct Answer: D 🗳️
The compensation administrator wants to run the batch process to administer the compensation cycle. Which are the four valid batch processes in terms of the compensation module? (Choose four.)
- A. Adjust Workforce Compensation Enrollment Window
- B. Refresh Workforce Compensation Data
- C. Transfer Workforce Compensation Data to HR
- D. Start Workforce Compensation Cycle
- E. Evaluate Workforce Compensation Participation
- F. Back Out Workforce Compensation Data
Correct Answer: B,C,D,F 🗳️
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
Correct Answer: A 🗳️
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Your client has a requirement where work-at-home assignments are not eligible for an employee compensation revision cycle. To facilitate capturing work-at-home assignment, you have created a custom column and associated a List of Values (LOV) with values "Yes" and "No". Now you wish to create an eligibility profile around this. Which is the correct option? (Choose the best answer.)
- A. User-defined-criteria-based eligibility profile on "Work-at-home" and value = "No" with exclude option selected
- B. Derived-factor-based eligibility profile based on the "Work-at-home" column
- C. User-defined-criteria-based eligibility profile on "Work-at-home" and value = "Yes" with exclude option selected
- D. User-defined-criteria-based eligibility profile on "Work-at-home" and value = "Yes" with exclude option deselected
Correct Answer: C 🗳️
After creating a compensation plan and eligibility profiles, you are currently modeling the budget allocation.
The HR manager informs you that one employee under Supervisor 1 has been seconded to a different country on a temporary basis with no changes to his employment terms and that this employee must be removed from the budgeting exercise.
What is the correct way of achieving this? (Choose the best answer.)
- A. Modify the eligibility profile by using a formula to exclude the employee from appearing under Supervisor 1. After the compensation cycle is completed, revert the eligibility profile to its original from, if needed.
- B. Use the Include check box next to the employee's name in the Budget worksheet to exclude the employee from the cycle.
- C. Advise Supervisor 1 not to allocate any compensation for the employee. In the meanwhile, manually adjust the budget allocated to Supervisor 1 to exclude the employee's amount.
- D. Use the Edit button in the Employee's included area while creating a model to exclude the employee.
Correct Answer: C 🗳️
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