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Oracle 1Z0-1049-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Total Compensation Statements | - Statement Configuration
|
| Workforce Compensation Processing | - Compensation Cycle Management
|
| Workforce Compensation Plans | - Plan Configuration
|
| Compensation Foundation | - Compensation Components Setup
|
| Individual Compensation | - Awards and Compensation Management
|
| Base Pay | - Salary Administration
|
| Compensation Analytics and Reporting | - Workforce Compensation Reports - Compensation Analytics - Audit and Monitoring |
| Elements, Balances, and Formulas | - Manage Balances - Write Fast Formulas - Define Elements |
Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
1. 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,Boolean
C) Monetary, Timestamp, Boolean
D) Monetary, Nonmonetary, Date, Text
2. How would you control the task of determining if a person is eligible for a compensation plan? (Choose the best answer.)
A) either with eligibility profiles or through element eligibility
B) with the eligibility profiles, never through element eligibility
C) through element eligibility only, never with eligibility profiles
D) a mix of element eligibility and eligibility profiles
3. During the Compensation Review cycle for the year 2014-15, the manager processes his direct reports compensation changes per the model created by him. After making the changes in the worksheet, the manager submits the proposed changes to the next level manager in the hierarchy for approval. What will the Manager status appear as in the workforce compensation area? (Choose the best answer.)
A) Work in Progress
B) Processed
C) Submitted
D) Fully Approved
E) In Approvals
4. While working on a budget sheet or a compensation worksheet, a manager chooses to use the "Export to Excel workbook" option to do his or her work. Which four of the following steps wouldhe or she need to perform upon clicking the "Export to Excel workbook" option and prior to finalizing his or her proposal and submitting it for approval? (Choose four.)
A) Repeat the steps as many times asnecessary to accommodate the revisions.
B) Resolve errors created by the uploaded file.
C) Filter the editsand upload only the edited fields.
D) Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
E) Edit the workbook data.
F) Download and authenticate workbooks.
5. Your customer provides compensation such as salary, bonus earnings (paid twice a year), commissions, stock options, and company-paid taxes to its workers. The customer wants you to implement Compensation Statements with graphs. Which three values of the graph column will you exclude? (Choose three.)
A) Text
B) Monetary Values
C) Dates
D) Non Monetary Values
E) morethan one nonmonetary unit of measure
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: B,C,D,F | Question # 5 Answer: A,C,D |








