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

1Z0-1049-21 real exams

Exam Code: 1Z0-1049-21

Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials

Updated: Aug 25, 2026

Q & A: 180 Questions and Answers

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Oracle 1Z0-1049-21 Exam Syllabus Topics:

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

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question 1

What are two attributes of primary element classifications? (Choose two.)

A. They are not editable.
B. They are editable.
C. They are globally applicable.
D. They are user defined.
E. They arepredefined.


Question 2

Your customer wants line managers to be able to access the active workforce compensation plan during the first three months of the Plan period, but not to update it. The evaluation period start and end dates for the plan areJanuary 1 to December 31 of the year.
How should you set this up? (Choose the best answer.)

A. Configure Worksheet update period start and end dates from January 1 to December 31 of the year.
B. Configure Worksheet update period start and end dates from January 1 to March 31 of the year and Plan access start and end dates from April 1 to December 31 of the year.
C. Configure Plan access start and end dates from January 1 to December31 of the year.
D. Configure Plan access start and end dates from January 1 to March 31 of the year and Worksheet update period start and end dates from April 1 to December 31 ofthe year.


Question 3

The manager administering compensation has the option to create budget models to be used to allocate compensation.
Which fouroptions regarding compensation modeling are correct? (Choose four.)

A. A model can be shared with the direct reports of the creator.
B. Managers can create their own models and use them.
C. Managers can use a model created by compensation professionals.
D. Access of a model is limited only to the creator of the model.
E. Modeling enables managers to automatically allocate compensation to employees who meet certain criteria.
F. Managers cannot sharea model created by them.


Question 4

As a Fusion implementation consultant, you are configuring Fusion HCM Compensation Management module for a manufacturing client. Which three statements are correct in relation to compensation statement display options? (Choose three.)

A. You cannot hide regions for graphs or descriptions at the statement definition setup level.
B. You can hide or show the estimated amount indicator at the category setup level.
C. You can hide table columns.
D. You cannot include and hide the welcome message at the statement definition setuplevel.
E. You cannot exclude a category from the statement summary at the category setup level.
F. You can configure display of zero values.


Question 5

Your customer has standard working hours = 40 hours per week. An employee has the following salary basis setup:
* Working hours = 32 hours per week
* Base pay = 20 USD per hour
What will be the employee's Annual Salary and Annualized full-time salary? (Choose the bestanswer.)

A. Annual Salary = 32280, Annualization Salary = 52000
B. Annual Salary = 41600, Annualization Salary = 41600
C. Annual Salary = 52000, Annualization Salary = 41600
D. Annual Salary = 32280, Annualization Salary = 41600


Solutions:

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

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