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

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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question 1

What happens when you define Workforce CompensationPlan components but the employees to whom the compensation change is being administered does not have any component in his or her salary? (Choose the best answer.)

A. The component adjustment is not posted as a salary adjustment to the employee's record. While designing the compensation plan, ithas to be kept in mind that the plan components must have a direct mapping with the employee's salary components.
B. The sum of all components identified to be posted as salary is posted as a single salaryadjustment amount to the employee's salary record.
C. The last component is automatically mapped to the salary and the amount associated with this component is posted as a salary adjustment to the employee record.
D. The first component is automatically mapped to the salary and the amount associated with this component is posted as a salary adjustment to the employee record.

Question 2

A corporation is implementing Oracle Fusion Workforce Compensation and must set up salary bases.
Employees are assigned different grades within the organization and the salaries are dependent on the grades.
What is the correct way to set up the salary bases? (Choose the best answer.)

A. Set up different salary bases for different grades and different payroll elements, because the payroll element can be attached to only one salary basis. The frequency of both salary basis and grade rate should match.
B. Set up different salary bases for different grades and different payroll elements, because the payroll element can be attached toonly one salary basis. The frequency of both salary basis and grade rate need not match.
C. Set up different salary bases for different grades with the same payroll element. The frequency of both salary basis and the grade rate should match.
D. Set up different salarybases for different grades with the same payroll element. The frequency of both salary basis and grade rate need not match.

Question 3

Your client's organization is a multi-country organization with headquarters in the US, and managers have direct reports in different countries.
In which three ways canthe compensation currency be displayed? (Choose three.)

A. Each employee's local currency
B. Preferred currency
C. The corporate currency
D. Only one currency can be displayed

Question 4

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. Tax reporting unit deduction card. 3. Payroll statutory unit deduction card. 4. Payroll deduction range values (legislative data group level).
C. 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).
D. 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.

Question 5

A corporation implemented Oracle Fusion Core HR on a three-tier model with Multiple Employment Terms with Multiple Assignments as the employment model. An employee of the corporation has multiple assignments and multiple employment terms on different payroll frequencies.
What kind of salary basis must be associated with the employee? (Choose the best answer.)

A. A different salary basis associated with each assignment or employment term.
B. One salary basis for allassignments and employment terms
C. One salary basis for each employment terms and one of them can be used for assignment
D. One salary basis for each assignment and one of them can be used for the employment terms

Solutions: