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

1Z0-1049-21 Exam Questions
  • Exam Code: 1Z0-1049-21
  • Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials
  • Updated: Jul 30, 2026
  • Q & A: 180 Questions and Answers
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Oracle 1Z0-1049-21 Exam Syllabus Topics:

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

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Which four statements are true if you enable Performance Ratings and integrate with Oracle Fusion Performance Management? (Choose four.)

A) You have the option to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.
B) You can also display the Performance Rating History column in the worksheet to see historical ratings given in the Performance Management system.
C) You need to refresh the HR data for ratings updated in Performance Management so they are updated in the worksheet.
D) You can display overall and calculated performance ratings given in the Performance Management system andprovide access to the full performance document from within the worksheet.
E) You select the performance template or document name and the period to make available, and whether to display only completed ratings or ratings in any status.


2. While working on a budget sheet or a compensation worksheet, a manager chooses to use the "Export to Excel workbook" option to do his or her work. Which four of the following steps wouldhe or she need to perform upon clicking the "Export to Excel workbook" option and prior to finalizing his or her proposal and submitting it for approval? (Choose four.)

A) Edit the workbook data.
B) Download and authenticate workbooks.
C) Resolve errors created by the uploaded file.
D) Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
E) Filter the editsand upload only the edited fields.
F) Repeat the steps as many times asnecessary to accommodate the revisions.


3. You are configuring a plan cycle date that should be visible to managers on the Approvals tab so that they can submit their worksheets before that date. But you do not want toenforce the date because you want the managers to be able to submit their worksheets even after the date is past. Which date should you use?
(Choose the best answer.)

A) default date due
B) evaluation period start and end dates
C) HR extraction date
D) currency conversion date
E) worksheet update start and end dates


4. Identify the four components that can be included in a fast formula. (Choose four.)

A) Conditions
B) Comments
C) Assignment statements
D) Symbolic variables
E) Output statement
F) Input statement


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


Solutions:

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

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