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Oracle 1Z0-1049-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Compensation Foundation | - Compensation Components Setup
|
| Topic 2: Workforce Compensation Processing | - Compensation Cycle Management
|
| Topic 3: Individual Compensation | - Awards and Compensation Management
|
| Topic 4: Compensation Analytics and Reporting | - Reporting and Analysis
|
| Topic 5: Workforce Compensation Plans | - Plan Configuration
|
| Topic 6: Base Pay | - Salary Administration
|
| Topic 7: Compensation Statements | - Statement Configuration
|
Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
Question 1
What happens if you include ineligible workers on the worksheet? (Choose the best answer.)
A. It displays ineligible workers but managers can allocate compensation, promote workers, and rate worker performance.
B. It does not display ineligible workers and managers cannot allocate compensation, promote workers, or rate worker performance.
C. It displays ineligible workers but managers cannot allocate compensation, promote workers, or rate worker performance.
D. It does not display ineligible workers but managers can allocate compensation, promote workers, or rate worker performance.
Question 2
A corporation has implemented Oracle Fusion Workforce Compensation for a manufacturing client. Which is the building block used in the calculation of deductions and exemptions? (Choose the best answer.)
A. Deduction range Values
B. Deduction range group
C. Deduction ranges
D. Deduction overrides
Question 3
Which is the correct priority of deduction information from highest to lowest? (Choose the best answer.)
A. 1. Personal deduction card (payroll relationship level). 2. Payroll statutory unit deduction card. 3. Tax reporting unit deduction card. 4. Payroll deduction range values (legislative data group level).
B. 1.Personal deduction card (payroll relationship level). 2. Payroll deduction range values (legislative data group level) 4. Payroll statutory unit deduction card. 4. Tax reporting unit deduction card.
C. 1.Personal deduction card (payroll relationship level). 2. Tax reporting unit deduction card. 3. Payroll statutory unit deduction card. 4. Payroll deduction range values (legislative data group level).
D. 1. Payroll statutory unit deduction card. 2. Tax reporting unit deduction card. 3. Payroll deduction range values (legislative data group level) 4. Personal deduction card (payroll relationship level).
Question 4
Identify three correct statements about changes in an employee's compensation when the employee's FTE value changes in employment. (Choose three.)
A. If the salary record end date is the same as the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.
B. If the salary start date is after the current date (that is, it is a future-dated salary record), theFTE value is fetched as of the salary start date and Annual Salary and Annual FT Salary are calculated by using that value.
C. If the salary record end date is 31-DEC-4712 (that is, the date is "blank" in the salary UI), the FTE value is fetched as of the current system date and Annual Salary and Annual FT Salary are calculated by using that value.
D. If the salary record has the end date before the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.
E. If the salary record has the end date after the current date, FTE is fetched as of the salary end date and Annual Salary andAnnual FT Salary are calculated by using that value.
Question 5
What are two attributes of primary element classifications? (Choose two.)
A. They are user defined.
B. They arepredefined.
C. They are editable.
D. They are not editable.
E. They are globally applicable.
Solutions:
| Question 1 Answer: C | Question 2 Answer: C | Question 3 Answer: C | Question 4 Answer: C | Question 5 Answer: A,D |






