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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question 1

Identify the three correct statements for an alternate approver hierarchy. (Choose three.)

A. By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set orsequence of approvers.
B. The highest Approval sequence is the final approver.
C. The alternate approver must be a part of the regular plan hierarchy.
D. You can create multiple approvers for the same manager.

Question 2

A corporation is implementing Oracle Fusion Workforce Compensation. Different currencies are set at the Legislative Data Group level, the Organization payment level, the Bank account level, and the payroll element level.
The currency shown whileconfiguring salary basis comes from which level? (Choose the best answer.)

A. From the input value of the payroll element
B. From the Legislative Data Group level, because that is the highest level in the hierarchy.
C. From the Bank account level
D. From the Organization payment level,because the compensation is finally paid through this

Question 3

If you enable Performance Ratings and rate workers within WorkforceCompensation, which two statements are true? (Choose two.)

A. You can display compensation ratings given in the previous plan cycle as a column in the worksheet.
B. The ratings are transferred to the Performance Management system or toHR.
C. Managers can rate workers as they allocate compensation.
D. These ratings are used across compensation plan and cycles.

Question 4

You are configuring a work-administered individual compensation plan where your workers can enroll in the plan anytime during the year, but can discontinue their contributions only in the month of March each year.
How should you achieve this? (Choose the best answer.)

A. Do not select any additional actions other than Manage Contributions with access level as Create:
Always allowed; Update: Allowed during a specified period; Discontinuing: Never allowed.
B. Do not select any additional actionsother than Manage Contributions with access level for each action as Create: Always allowed; Update: Never allowed; Discontinuing: Allowed during a specified period.
C. Make the plan available for all actions in the list with access level for each action Always allowed.
D. Select specific HR actions such as transfer, promotion, and new hire for the plan with access level for each action allowed during a specific period.

Question 5

Your customer's compensation has an itemized structure. The company wants to increase the Cost of Living allowance of the employees living in the New Jersey area by 3% to compensate for the increased living costs there. Which feature of Oracle Fusion Workforce Compensation can be used to achieve this? (Choose the best answer.)

A. Plan Access
B. Action and Action Reasons
C. Salary Component
D. Budget Pools
E. Plan Eligibility

Solutions: