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Oracle 1Z0-1049-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Individual Compensation | - Awards and Compensation Management
|
| Topic 2: Elements, Balances, and Formulas | - Define Elements - Manage Balances - Write Fast Formulas |
| Topic 3: Compensation Analytics and Reporting | - Compensation Analytics - Workforce Compensation Reports - Audit and Monitoring |
| Topic 4: Workforce Compensation Processing | - Compensation Cycle Management
|
| Topic 5: Total Compensation Statements | - Statement Configuration
|
| Topic 6: Workforce Compensation Plans | - Plan Configuration
|
| Topic 7: Compensation Foundation | - Compensation Components Setup
|
| Topic 8: Base Pay | - Salary Administration
|
Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
1. 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) Lower-level managers can no longer make any updates totheir worksheets.
C) The lower-level manager can withdraw the submission and reprocess the compensation allocation.
D) The lower-level manager can still make changes in the worksheet and resubmit it for approval.
E) The worksheet goes to next level for approval.
2. After the compensation plan was configured, the Validate Plan Setup process was run successfully with no warnings or errors. However, when the worksheet is accessed by a Line Manager, the Line Manager notices that employees who are ineligible are also visible in the worksheet despite running the Validate Plan Setup process.
What is the reason for this?(Choose the best answer.)
A) The Validate Plan Setup process does not validate eligibility profiles.
B) The Validate Plan Setup process showed a warning about errors on the eligibility profiles, which was ignored by the compensation administrator.
C) The Validate PlanSetup process failed to report errors from the eligibility profiles.
D) The compensation administrator did not run the Validate Plan Setup process and run the Start Compensation Cycle process instead.
3. You are responsible forconfiguring an individual compensation plan with multiple options. Which two statements are true about the plan options? (Choose two.)
A) You can associate each payroll element with only one plan and option.
B) You can associate each payroll element with multiple plans and options.
C) You can associate each option with the same payroll element and input value.
D) You can associate each option with only one payroll element and input value.
E) You can associate each payroll element with one option but with multiple plans.
4. A corporation implemented Oracle Fusion Core HR on a three-tier model with Multiple Employment Terms with Multiple Assignments as the employment model. An employee of the corporation has multiple assignments and multiple employment terms on different payroll frequencies.
What kind of salary basis must be associated with the employee? (Choose the best answer.)
A) One salary basis for allassignments and employment terms
B) One salary basis for each assignment and one of them can be used for the employment terms
C) A different salary basis associated with each assignment or employment term.
D) One salary basis for each employment terms and one of them can be used for assignment
5. How can youuse an earnings element to manage the calculation and payment of absences? (Choose the best answer.)
A) Define the earnings element as nonrecurring for the absence element because payroll runs do not process nonrecurring elements in the Information or Absence classifications.
B) Define a skip rule for the earnings element that triggers processing when it finds an entry for the absence element because payroll runs do not process elements in the Information or Absence classifications.
C) Define a skip rule for the earnings element that triggers processing when it finds an entry for a non-absence element because payroll runs process elements in the Information or Absence classifications.
D) Ensure that the input to the salary database item formula from the earnings element processes the absence element as Absence classification because payroll runs do not process elements in the Information or Absence classifications.
Solutions:
| Question # 1 Answer: A,C,E | Question # 2 Answer: D | Question # 3 Answer: B,D | Question # 4 Answer: D | Question # 5 Answer: B |
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