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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Which statement is correct about secondary element classifications? (Choose the best answer.)

A) They are user-defined and can be edited.
B) They are user-defined and cannot be edited.
C) They are predefined and cannot be edited.
D) They are predefined andcan be edited.

2. Identify the four correct options about the summary tables in the compensation history. (Choose four.)

A) The summary table of recruiting payments gives detailed information about effective date, amount, currency, and grand total information for an individual award or compensation amounts.
B) The Stock summary table gives detailed information about grant date and price, granted, vested, and unvested shares, and the estimated value of unvested shares.
C) The summary table of payroll elements gives detailed information about element, input value, actual value and the grand total for the year.
D) The Salary summary table gives detailed information about salary history, percentagechange, compa-ratio, and growth rate.
E) The summary table of other compensation gives detailed information about effective date, amount, currency, and grand total information about all awards.

3. You have created a total compensation statement. However, you are not able to see one of the categories in the summary section on the left pane. What is the reason for this? (Choose the best answer.)

A) The category has been added as a subcategory.
B) The category does not have employer contribution.
C) The category does not have a graph defined in it.
D) The category does not have employee contribution.

4. A corporation has implemented Oracle Fusion Workforce Compensation. The consultant must now create an element eligibility link for an Earnings element.
While creating the element eligibility link, whichthree options can be set up in the element eligibility work area? (Choose three.)

A) status processing rules
B) auto indirect rules
C) general information
D) input values
E) retroactive components
F) costing

5. Which five tasks can be performed by a compensation manager? (Choose five.)

A) Promote and rate worker performance while allocating compensation.
B) Generate company-configured compensation change statements to notify workers of a compensation award, job change, or performance rating assignment.
C) Determine compensationamounts offline by downloading details to a spreadsheet.
D) Allocate compensation.
E) Analyze proposed changes for equity among peer groups and by manager, alignment with the market, and pay for performance strategies.
F) Review and approve work of Superior Manager.

Solutions: