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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. An administrator of a corporation must generate the compensation statements for the workers to notify them about their compensation details.
Identify the correct role that will give the administrator accessto complete the process. (Choose the best answer.)

A) HR Specialist
B) Compensation Manager
C) Line Manager
D) Compensation Administrator

2. While configuring a plan cycle, you have set the Worksheet update start and end dates as 15-Apr-2014 and
31-May-2014, respectively. However, when a manger logs into the workforce compensation area on
5-Apr-2014, he is able to see the active plan, but in read-only mode.
What could be the possible reason for this? (Choose the best answer.)

A) Active plans are always shown in read-only mode form the Evaluation period start date, which is always prior to the Worksheet update date.
B) Active plans are always shown in read-only mode until the Worksheet update period starts.
C) Active plans are always shown in read-only mode once it is past the eligibility determination date.
D) Active plans are always shown in read-only mode from the Plan Access start date, which is generally prior to the Worksheet update date.

3. A corporation needs to set up a compensation plan for a Housing allowance that will allow the company to grant these allowances to only employees above a particular role.
Identify the option that indicates the correct way of implementing it. (Choose the best answer.)

A) They payroll administrator must add the element to the employees in the specified roles, because this cannot be achieved through configuration.
B) Set up access restrictions to the individual compensation plan using the correct HR action so that it can be added only to the specific roles.
C) Set up a salary basis and restrict the eligibility to the required roles.
D) Set up role-based security to the individual compensationwork area so that only managers are allowed.

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

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

5. A corporation is implementing Oracle Fusion Workforce Compensation and has set up an individual compensation plan for a contribution. This contribution has to be approved by the four members in parallel.
Identify the correct option regarding parallel approvals. (Choose the best answer.)

A) Parallel approvals are supported by configuring the Application role option in the Resource list builder.
Only after all the approvers approve will the process end.
B) Parallel approvals are supported and can be configured using Static approval groups. Only after all the approvers approve will the process end.
C) Parallel approvals are not fully supported, but notifications can be sentto all members in parallel using the list builder resource option and configuring Application Role. However, the first person who claims the notification can approve it, and this ends the process and the other members lose control over the approval of thenotification.
D) A parallel approval option is not available and any approval configured is always sequential.

Solutions: