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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question 1

Identify the four correct options about the summary tables in the compensation history. (Choose four.)

A. The Salary summary table gives detailed information about salary history, percentagechange, compa-ratio, and growth rate.
B. The summary table of recruiting payments gives detailed information about effective date, amount, currency, and grand total information for an individual award or compensation amounts.
C. The Stock summary table gives detailed information about grant date and price, granted, vested, and unvested shares, and the estimated value of unvested shares.
D. The summary table of payroll elements gives detailed information about element, input value, actual value and the grand total for the year.
E. The summary table of other compensation gives detailed information about effective date, amount, currency, and grand total information about all awards.

Question 2

Identify four correcthistory categories when setting up compensation history. (Choose four.)

A. Stock
B. Recruiting Payments
C. Salary
D. Other Compensation
E. Payroll Elements
F. Non-Recruiting Payments

Question 3

You have created a compensation plan and configured the plan details. However, when you try to run the
"Start Compensation Cycle" process, you are not able to see the plan you created in the list that appears.
Which three options could be possible reasons for this? (Choose three.)

A. Your user role does not have access to view the plan.
B. Accessto the compensation administrator role is restricted in Plan Access.
C. The compensation administrator or equivalent role is not attached to your plan.
D. Restrict Plan access is set to "Yes" and the compensation administrator role is added tothe list of roles in
"Plan access from Compensation work area."
E. Restrict Plan access is set to "NO"; however, the roles that are allowed are not specified.

Question 4

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 Y, because this is the original manager of Employee X.
B. Employee X does not appear on any manager's sheet, because he will not be evaluated by thecompensation plan.
C. Manager Z, because this is the current manager to whom Employee X is reporting.
D. Both Manager Y and Manager Z, because he has worked under both of them during the current cycle.

Question 5

Identify three event-driven configurations that can be changed for the delivered variable allocation approval tasks as per business requirements. (Choose three.)

A. Approval and Rejection Policies
B. Escalationand Expiration Policies
C. Assignment and Routing Policies
D. Notification Settings
E. Data Driven Routing

Solutions: