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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question 1

As an implementation consultant, you are required to create an element that is applicable only to a set of employees who are in the Production department and who are on weekly payrolls.
What is the correct configuration to meet this requirement? (Choose the best answer.)

A. Create Element Eligibility with the Legal Employer and Payroll Statutory Unit parameters.
B. Create Element Eligibility with the department and specific payroll parameters.
C. Create an element without defining Element Eligibility.
D. Create Element Eligibility with the Grade and Position parameters.

Question 2

A corporation needs to set up a compensation plan for a vehicle allowance that will allow different amounts for different types and models of vehicles.
How can you achieve the desired results? (Choose the best answer.)

A. Configure as many compensation plans as there are different types and models, because options cannot have associated eligibility profiles, and use the same payroll element for all of them.
B. Configure one compensation plan, add as many options as there are allowed for different types and models. Define eligibility and associate the different payroll elements to all the optionssuch that any payroll element can be associated with only one plan and option.
C. Configure as many compensation plans as there are allowed types and models of vehicles, because options cannot have eligibility profilesassociated, and use different payroll elements for each of them.
D. Configure one compensation plan and add as many options as three are allowed for vehicle types and models. Define eligibility and associate the same payroll element to all the options such that an employee can use only one option.

Question 3

A corporation needs to set up a compensation plan for a Housing allowance that will allow the company to grant these allowances to only employees above a particular role.
Identify the option that indicates the correct way of implementing it. (Choose the best answer.)

A. Set up a salary basis and restrict the eligibility to the required roles.
B. Set up access restrictions to the individual compensation plan using the correct HR action so that it can be added only to the specific roles.
C. Set up role-based security to the individual compensationwork area so that only managers are allowed.
D. They payroll administrator must add the element to the employees in the specified roles, because this cannot be achieved through configuration.

Question 4

The Budget Pool Storage Method selected is "Amount." Oneof the line managers in the organization has twenty employees reporting to him. One of the employees leaves the organization during the compensation cycle.
What will be the effect on the budget allocated to the Line Manager? (Choose the best answer.)

A. The published budgets change when a manager's total eligible salary changes, such as when workers are reassigned.
B. The published budgets is always a percentage of the total budget pool.
C. The published amounts stay with the manager when workers are reassigned or their eligibility changes.
D. The published budgets change whena manager's total eligible salary changes, such as when workers eligibility changes.

Question 5

You canuse predefined alerts to notify managers about issues on the worksheet that need their attention.
Which four predefined alerts are available? (Choose four.)

A. Salary changed in HR
B. Worker is on long-term leave
C. Worker was terminated
D. Allocation outside target range
E. Grade changed in HR
F. Job changedin HR

Solutions: