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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question 1

As a Fusion implementation consultant, you are configuring Fusion HCM Compensation Management module for a manufacturing client. Which three statements are correct in relation to compensation statement display options? (Choose three.)

A. You can hide or show the estimated amount indicator at the category setup level.
B. You cannot exclude a category from the statement summary at the category setup level.
C. You cannot include and hide the welcome message at the statement definition setuplevel.
D. You can hide table columns.
E. You cannot hide regions for graphs or descriptions at the statement definition setup level.
F. You can configure display of zero values.

Question 2

Your client's organization is a multi-country organization with headquarters in the US, and managers have direct reports in different countries.
In which three ways canthe compensation currency be displayed? (Choose three.)

A. Only one currency can be displayed
B. Preferred currency
C. The corporate currency
D. Each employee's local currency

Question 3

The Compensation and Benefits policy defined for your organization limits contingent workers from getting an increment as part of the Annual Salary Review. As a result, the contingent workers are excluded in the eligibility profile and ineligible workers are not tracked as part of the Annual Salary Review Compensation Plan.
A recent change to this policy enforced a minimum increment for the entire contingent worker population.
Consequently, the compensation administrator ran the Refresh Data process to update the worksheets and include the contingent workforce but none of the contingent workers are included. What should the compensation administrator do to bring the contingent workers into the manager's compensation worksheet?
(Choose the best answer.)

A. Rerun the Refresh Workforce Compensation Data process by selecting Refresh Option - Reevaluate Eligibility.
B. Run the Start Workforce Compensation Cycle process.
C. Update the eligibility profile to include the contingent workers and rerun the Refresh Workforce Compensation Data process by selecting Refresh Option - Reevaluate Eligibility.
D. Update the eligibility profile to include the contingent workers and run the Start Workforce Compensation Cycle process.

Question 4

A corporation implemented Oracle Fusion Core HR on a three-tier model with Multiple Employment Terms with Multiple Assignments as the employment model. An employee of the corporation has multiple assignments and multiple employment terms on different payroll frequencies.
What kind of salary basis must be associated with the employee? (Choose the best answer.)

A. One salary basis for allassignments and employment terms
B. One salary basis for each employment terms and one of them can be used for assignment
C. One salary basis for each assignment and one of them can be used for the employment terms
D. A different salary basis associated with each assignment or employment term.

Question 5

As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for the same. Which four source types are available for selection while creating a compensation item for the total compensation statement? (Choose four.)

A. Deduction Range
B. Formula
C. Input Value
D. Element Entry
E. Payroll Balance
F. Benefit Balance

Solutions: