Oracle Compensation Cloud 2021 Implementation Essentials - testinsides 1Z0-1049-21 dumps

1Z0-1049-21 real exams

Exam Code: 1Z0-1049-21

Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials

Updated: Jun 01, 2026

Q & A: 180 Questions and Answers

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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Yourcustomer's Workforce Compensation Plan for Annual Salary Review is set up with the following dates in the Plan Cycle:
* Evaluation Period Start Date: 1-Jan-2014
* Evaluation Period End Date: 31-Dec-2014
* Worksheet Update Period Start Date: 1-Jan-2014
* WorksheetUpdate Period End Date: 31-Dec-2014
* HR Data Extraction: 31-Dec-2014
* Eligibility Determination Date: 31-Dec-2014
There is a worker with a termination date of 30-Oct-2014. When the Transfer Data to HR process is run, it fails for this worker. What should you do to successfully add the lump sum award element entries and salary adjustments? (Choose the best answer.)

A) The worker termination date should be changed to reflect the same date as the HR Data Extraction date.
B) The salary adjustment or lumpsum effective date must be later that the worker's payroll last standard process date.
C) Terminated workers should be excluded from being processed in Workforce Compensation plans.
D) The salary adjustment or lumpsum must be manually calculated and added for such workers.
E) The salary adjustment or lumpsum effective date must be earlier than or equal to the worker's termination date.


2. A corporation has implementedOracle Fusion Workforce Compensation for a manufacturing client. As an implementation consultant, you are required to set up the Deduction elements to capture the employee's personal contributions.
Which four can be categorized as Deduction components corresponding to payroll deduction elements?
(Choose four.)

A) Elements
B) Deduction group
C) Wage basis rules
D) Flat amount
E) References for calculation factors
F) Input values
G) Balance feeds


3. As compensation manager, you are generating a total compensation statement for a corporation. Which two options are mandatory to be used as inputs while generating the total compensation statement? (Choose two.)

A) Compensation Category
B) Statement Definition Name
C) Statement Period
D) Legal Employer


4. You have configured acompensation plan to include ratings from the performance management system. For one particular division, the performance ratings have not been finalized and are shown as blank on the compensation worksheet. The manager updates the performance rating whileallocating compensation. What happens in this case? (Choose the best answer.)

A) The rating will be available to only the plan where it is updated.
B) The rating will be available to all plans that are currently active.
C) The rating will be available to only the plans where the same manager is involved.
D) The rating will be available inthe Performance document in the performance system.


5. When upper-level managers change the plan access ofone or more lower-level managers, they receive a notification informing them about the change in access. Which option do they receive to act on the notification? (Choose the best answer.)

A) Reply
B) Dismiss
C) Reject
D) Accept


Solutions:

Question # 1
Answer: E
Question # 2
Answer: A,B,C,E
Question # 3
Answer: A,C
Question # 4
Answer: D
Question # 5
Answer: A

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