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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question 1

While creating a compensation plan, the compensation manager of your client's organization chooses to enable Compensation Change statement. As an implementation consultant, which is the dependent configuration that you would advise the compensation manager to perform? (Choose the best answer.)

A. Enable components and create a component linked to the budget pool (Configure Compensation Components).
B. Enable components and create at least one component (Configure Compensation Components).
C. Enable the Communications tab type (Configure Worksheet Page Layout).
D. Configure related components (Configure Worksheet Page Layout: Detail Table tab.)

Question 2

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

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

Question 3

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

Question 4

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 toonly one salary basis. The frequency of both salary basis and grade rate need not match.
B. 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.
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 5

Your customer provides compensation such as salary, bonus earnings (paid twice a year), commissions, stock options, and company-paid taxes to its workers. The customer wants you to implement Compensation Statements with graphs. Which three values of the graph column will you exclude? (Choose three.)

A. morethan one nonmonetary unit of measure
B. Monetary Values
C. Non Monetary Values
D. Dates
E. Text

Solutions: