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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question 1

Plan access restrictions control the situations in which an individual compensation plan is available for allocations or contributions by a line manager or worker, and regulate a user's ability to create, update, or discontinue allocations or contributions under the plan. What are three common decisions to make about plan access? (Choose three.)

A. whether or not to restrict access to the plan at all
B. if planaccess should be related to HR actions
C. If user access should be based on career levels or earnings thresholds
D. If the plan is going to require updates that are driven by business users in the time frame of the next payroll cycle
E. if there should be a "white list" name criteria for access to the plan
F. if there should be a time period in which a user can create, update, or discontinue allocations or contributions

Question 2

Your customer's compensation manager needs to know, what are the four valid statuses of the compensationworksheet? (Choose four.)

A. Unprocessed
B. Budget Available
C. Fully Approved
D. Submitted
E. Partially approved
F. Closed
G. Processed
H. Started

Question 3

Performance ratings are enabled in the compensation plan. Which three statements are correct regarding performance ratings? (Choose three.)

A. You cannot make completed performance document and corresponding ratings from Oracle Fusion Performance Management available to managers in the compensation worksheet.
B. Ifyou use performance ratings while allocating compensation, you can display the latest ratings to the managers during the compensation cycle.
C. You can allow managers to enter performance ratings during the compensation cycle to be used only in the compensation plan.
D. You can allow managers to update the overall performance rating,overall goal rating, and overall competency rating in the compensation worksheet.

Question 4

Which three tasks are part of Plan Foundation Configuration Options? (Choosethree.)

A. Plan Access
B. Alerts
C. Plan Currency
D. Components
E. Feedback Survey

Question 5

You client has a requirement that allows a salary adjustment based on the numberof dependents the employee has, and this allowance must be mapped to a separate component. Because this allowance cannot have a logical mapping with any of the predefined components, you decide to create a new salary component called
"Family Allowance".
Which option would you use to achieve this? (Choose the best answer.)

A. The Compensation Models
B. The Configure Compensation Component task in Manage plans
C. The Salary Component Lookup
D. It is not possible to achieve this, because only the delivered salary components can be used.

Solutions: