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Oracle 1Z0-1049-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Budgeting and Workforce Compensation | - Manager Budget Distribution - Budget Allocation Methods |
| Topic 2: Compensation Cloud Overview | - Key Features and Business Use Cases - Core Concepts of Workforce Compensation |
| Topic 3: Approvals and Security | - Approval Workflow Configuration - Role-Based Access Control |
| Topic 4: Implementation and Maintenance | - System Maintenance and Updates - Deployment Considerations |
| Topic 5: Worksheet Management | - Manager and Employee Interaction - Worksheet Configuration and Fields |
| Topic 6: Setup and Configuration | - Enterprise Structures and Security Setup - Basic Compensation Configuration |
| Topic 7: Compensation Plans and Cycles | - Plan Design and Eligibility Rules - Cycle Setup and Administration |
| Topic 8: Reporting and Analytics | - Dashboards and Metrics - Standard Compensation Reports |
Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up Calculation Factors for the deduction elements setup.
Which two statements are correct regardingthe Calculation Factors? (Choose two.)
- A. Calculation Factors indicate which deduction range to use when calculating the deduction amount.
- B. Calculation Factors define which classifications of earnings to consider when calculating the basis for the deduction element.
- C. The Manage Deduction Group Rates task in the Payroll Calculation work area is used to view the calculation factors defined.
- D. The Manage Deduction Ranges task in the Payroll Calculation work area is used to view the calculation factors defined.
Correct Answer: A,D 🗳️
In the workforce compensation work area, the Manager's Worksheet Status is "In Approvals". What progress has the compensation manager made through a workforce compensation cycle? (Choose the best answer.)
- A. The manager submitted his or her worksheet for approval.
- B. The highest-level manager or approver in the approval hierarchy approved the manager's worksheet.
- C. The manager saved some changes to his or her worksheet.
- D. A budgetwas published to the manager.
- E. The first-level manager approved the manager's worksheet.
Correct Answer: E 🗳️
While validating the Workforce Compensation Plan Setup, the compensation administrator encounters the following Warning: "At least one column that adjusts salary is enabled but no components to be posted assalary are selected." What should the compensation administrator do to eliminate this warning? (Choose the best answer.)
- A. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and enable Eligible Salary.
- B. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Percentage of Eligible Salary Column Properties, add an Element.
- C. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab andenable Compensation Amount.
- D. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Compensation Amount Column Properties, select Yes for Post as Salary.
- E. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Eligible SalaryColumn Properties, select Yes for Post as Salary.
Correct Answer: D 🗳️
How would you control the task of determining if a person is eligible for a compensation plan? (Choose the best answer.)
- A. with the eligibility profiles, never through element eligibility
- B. through element eligibility only, never with eligibility profiles
- C. a mix of element eligibility and eligibility profiles
- D. either with eligibility profiles or through element eligibility
Correct Answer: C 🗳️
Which statement is trueregarding elements? (Choose the best answer.)
- A. Elements have possibly multiple primary classifications, possible multiple secondary classifications, and possibly multiple subclassifications.
- B. Elements have possibly multiple primary classifications, one secondary classification, and one subclassification.
- C. Elements have one primary classification, one secondary classification, and one subclassification.
- D. Elements have one primary classification, possibly multiple secondary classifications, and possibly multiple subclassifications.
- E. Elements have one primary classification, one secondary classification, and possibly multiple subclassifications.
Correct Answer: E 🗳️
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