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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. You are the compensation manager of a corporation. Which four tasks can you perform while administering compensation for your workforce? (Choose four.)

A) Analyze plan results.
B) Override line manager allocations, job changes, andperformance ratings.
C) Run processes to initiate a compensation cycle.
D) Maintain currency rates and access to plans from the watchlist.
E) Create and manage models for use by line managers or by administrators to distribute compensation directly to employees.
F) Override line manager allocations, job changes, and performance ratings.

2. Which item is false regarding plan access? (Choose the best answer.)

A) Compensation managers have access to the budget sheet and worksheets for all plans and employee administration tasks.
B) Compensation administrators have access to all plan configuration tasks for all plans.
C) A compensation administrator's general access can be overridden using roles.
D) A compensation administrator's general access cannot be overridden.

3. You have configured acompensation plan to include ratings from the performance management system. For one particular division, the performance ratings have not been finalized and are shown as blank on the compensation worksheet. The manager updates the performance rating whileallocating compensation. What happens in this case? (Choose the best answer.)

A) The rating will be available to all plans that are currently active.
B) The rating will be available to only the plan where it is updated.
C) The rating will be available to only the plans where the same manager is involved.
D) The rating will be available inthe Performance document in the performance system.

4. You want to use the Workforce Compensation Budget pool for a workforce compensation plan. Select the tasks to be performed, in the correct sequence. (Choose the best answer.)

A) Create the workforce compensation plan, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Configure the workforce compensation plandetails, Run the Start Compensation Cycle process.
B) Configure the workforce compensation budget pool, Configure the workforce compensation plan details, Run the Start Compensation Cycle process, Create the workforce compensation plan, Create at least one worksheet compensation component and associate the budget pool with it.
C) Run the Start Compensation Cycle process, Create the workforce compensation plan, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Configure the workforce compensation plan details.
D) Create the workforce compensation plan, Configure the workforce compensation budget pool, Configure the workforce compensation plan details, Create at least one worksheet compensation component and associate the budget pool with it, Run the Start Compensation Cycle process
E) Create the workforce compensation plan, Configure the workforce compensation plan details, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Run the StartCompensation Cycle process.

5. Your customer wants line managers to be able to access the active workforce compensation plan during the first three months of the Plan period, but not to update it. The evaluation period start and end dates for the plan areJanuary 1 to December 31 of the year.
How should you set this up? (Choose the best answer.)

A) Configure Worksheet update period start and end dates from January 1 to December 31 of the year.
B) Configure Plan access start and end dates from January 1 to March 31 of the year and Worksheet update period start and end dates from April 1 to December 31 ofthe year.
C) Configure Worksheet update period start and end dates from January 1 to March 31 of the year and Plan access start and end dates from April 1 to December 31 of the year.
D) Configure Plan access start and end dates from January 1 to December31 of the year.

Solutions: