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Oracle Compensation Cloud 2021 Implementation Essentials : 1Z0-1049-21
- Exam Code: 1Z0-1049-21
- Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials
- Updated: Sep 21, 2026
- Q & A: 180 Questions and Answers
About Oracle Compensation Cloud 2021 Implementation Essentials : 1Z0-1049-21 Exam
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Oracle 1Z0-1049-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Workforce Compensation Plans | - Plan Configuration
|
| Topic 2: Individual Compensation | - Awards and Compensation Management
|
| Topic 3: Workforce Compensation Processing | - Compensation Cycle Management
|
| Topic 4: Elements, Balances, and Formulas | - Write Fast Formulas - Define Elements - Manage Balances |
| Topic 5: Base Pay | - Salary Administration
|
| Topic 6: Compensation Foundation | - Compensation Components Setup
|
| Topic 7: Total Compensation Statements | - Statement Configuration
|
| Topic 8: Compensation Analytics and Reporting | - Compensation Analytics - Audit and Monitoring - Workforce Compensation Reports |
Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
Question #1
As an implementation consultant, you have defined a total compensation statement. You have defined three compensation items (a new hire bonus, a profit sharingbonus, and a quarterly bonus), which are attached to the bonus category. You no longer need the quarterly bonus item but you are unable to delete it.
Which statement is true for the given scenario? (Choose the best answer.)
- A. More than one administrator might be using the item and, therefore, it cannot be deleted.
- B. The above scenario does not stand true as the item can be deleted.
- C. The item cannot be deleted,because it is attached to a category.
- D. Before deleting the item, you must configure a zerovalue behavior for the item.
Correct Answer: A 🗳️
Question #2
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. evaluation period start and end dates
- B. default date due
- C. currency conversion date
- D. worksheet update start and end dates
- E. HR extraction date
Correct Answer: B 🗳️
Question #3
Employee X was hired on 5 March 2014 as a Web Designer and was reporting to Manager Y.
On10 September 2014, this employee was transferred to Manager Z to work as an Online Campaign designer. The company where Employee X works is doing a compensation cycle for the current year starting 1 October
2014. The employee record set up in the plan setting is "Employment terms," while the Legal Employer of Employee X uses a two-tier model.
On which manager's worksheet does Employee X appear? (Choose the best answer.)
- A. Manager Z, because this is the current manager to whom Employee X is reporting.
- B. Both Manager Y and Manager Z, because he has worked under both of them during the current cycle.
- C. Manager Y, because this is the original manager of Employee X.
- D. Employee X does not appear on any manager's sheet, because he will not be evaluated by thecompensation plan.
Correct Answer: D 🗳️
Question #4
You are an implementation consultant, and the client organization wants you to provide a solution for how not to display the welcome message in the total compensation statement.
What will your answer in this situation be? (Choose the best answer.)
- A. Edit the "Do not display Welcome message" option in "Compensation Category."
- B. Changing the welcome message is not possible.
- C. Edit the "Do not display Welcome message" option in "Statement Definition."
- D. Edit the "Do not display Welcome message" option in "Compensation Item."
Correct Answer: C 🗳️
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. Non Monetary Values
- B. morethan one nonmonetary unit of measure
- C. Dates
- D. Text
- E. Monetary Values
Correct Answer: A,C,D 🗳️
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