Oracle 1Z0-1049-21 Valid Q&A - in .pdf

  • 1Z0-1049-21 pdf
  • Exam Code: 1Z0-1049-21
  • Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials
  • Updated: Sep 24, 2026
  • Q & A: 180 Questions and Answers
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  • Updated: Sep 24, 2026
  • Q & A: 180 Questions and Answers
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  • Exam Code: 1Z0-1049-21
  • Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials
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Oracle 1Z0-1049-21 Exam Syllabus Topics:

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

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question #1

Your customer wants to configure a workforce compensation plan with multiple cycles.Identify two correct statements about plan cycles. (Choose two.)

  • A. You can duplicate a cycleand specify the number of months to advance all dates.
  • B. A plan can have multiple compensation cycles, each with same period dates.
  • C. Each plan that requires a different cycle must be created manually.
  • D. A plan can have multiple compensation cycles, each with unique period dates.
Reveal Solution  Discussion  0

Correct Answer: A,D  🗳️

Question #2

What happens if eligibility requirements aredifferent for components than they are for a plan? (Choose the best answer.)

  • A. Plan-level eligibility is evaluated before component-level eligibility.
  • B. Plan-level eligibility is ignored and a warning is reported.
  • C. This is not possible. Component-level eligibility is always identical to plan-level eligibility.
  • D. Component-level eligibility isevaluated before plan-level eligibility.
  • E. Component-level eligibility is ignored and a warning is reported.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #3

A worker complains to the Human Resources department that the total amount does not add up to the amount of salary received in the bank. The department informs the worker that certain items that are shown in theCompensation Statement do not comprise the actual amount paid. The department now wants to make the statement more relevant to workers to avoid such situations.
What should you do to accommodate this requirement? (Choose the best answer.)

  • A. For each item, specify the Excluded from Gross amount option to indicate that this compensation is not the actual amount paid.
  • B. For each item, specify the Unpaid amount option to indicate that tis compensation is not the actual amount paid.
  • C. For each item, specify the Indicative amount option to indicate that this compensation is not the actual amount paid.
  • D. For each item, specify the Estimated amount option to indicate that this compensation is not the actual amount paid.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #4

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 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.
  • C. 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.
  • D. The sum of all components identified to be posted as salary is posted as a single salaryadjustment amount to the employee's salary record.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #5

What is the maximum number andkind of items that you can add when defining a custom category? (Choose the best answer.)

  • A. three items
  • B. three custom columns
  • C. three subcategories
  • D. five custom columns
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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