Oracle Compensation Cloud 2021 Implementation Essentials : 1Z0-1049-21

1Z0-1049-21 real exams

Exam Code: 1Z0-1049-21

Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials

Updated: Jul 31, 2026

Q & A: 180 Questions and Answers

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About Oracle Compensation Cloud 2021 Implementation Essentials : 1Z0-1049-21 Exam

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Oracle 1Z0-1049-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Workforce Compensation Processing- Compensation Cycle Management
  • 1. Batch Processes
  • 2. Compensation Processes
  • 3. Refresh and Publish Data
  • 4. Plan Validation
Topic 2: Workforce Compensation Plans- Plan Configuration
  • 1. Column and Component Design
  • 2. Plan Access
  • 3. Worksheet Configuration
  • 4. Budget Setup
Topic 3: Compensation Statements- Statement Configuration
  • 1. Statement Definitions
  • 2. Display Components
  • 3. Generate Compensation Statements
Topic 4: Compensation Analytics and Reporting- Reporting and Analysis
  • 1. Workforce Compensation Reports
  • 2. Audit and Monitoring
  • 3. Compensation Analytics
Topic 5: Individual Compensation- Awards and Compensation Management
  • 1. Awards and Spot Bonuses
  • 2. Individual Compensation Plans
  • 3. Compensation History
Topic 6: Compensation Foundation- Compensation Components Setup
  • 1. Compensation Objects
  • 2. Compensation Categories
  • 3. Eligibility Profiles
Topic 7: Base Pay- Salary Administration
  • 1. Compensation Zones
  • 2. Manage Base Pay
  • 3. Grade Rates
  • 4. Salary Basis
  • 5. Salary Components

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Contingent workers are ineligible as per the eligibility rules defined for your organization's compensation plan. The compensation plan cycle is started. As is the standard practice, the compensation administrator schedules the "Refresh Workforce Compensation Data" nightly. A worker who was a contingent worker is now an employee of the organization and the next day shows up in Manager's worksheet. How is this possible? (Choose the best answer.)

A) Track Ineligible Workers is selected in the compensation plan.
B) Show Ineligible Workers is selected in the compensation plan.
C) Hide Ineligible Workers is selected in the compensation plan.
D) Process IneligibleWorkers is selected in the compensation plan.


2. How can youuse an earnings element to manage the calculation and payment of absences? (Choose the best answer.)

A) 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.
B) 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.
C) Define the earnings element as nonrecurring for the absence element because payroll runs do not process nonrecurring 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.


3. As an implementation consultant, you have defined a total compensation statement. You have defined three compensation items (a new hire bonus, a profit sharingbonus, and a quarterly bonus), which are attached to the bonus category. You no longer need the quarterly bonus item but you are unable to delete it.
Which statement is true for the given scenario? (Choose the best answer.)

A) The above scenario does not stand true as the item can be deleted.
B) More than one administrator might be using the item and, therefore, it cannot be deleted.
C) The item cannot be deleted,because it is attached to a category.
D) Before deleting the item, you must configure a zerovalue behavior for the item.


4. When compiling Fast Formula, you receive the error message "Database item PER_ASG_ATTRIBUTE3 must have a DEFAULT statement because it was specified that null or notfound is allowed." What is the cause of the error? (Choose the best answer.)

A) incorrect operator usage
B) syntax error
C) misuse of context
D) uninitialized variable


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) Accept
B) Reject
C) Reply
D) Dismiss


Solutions:

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

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