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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question 1

A manager publishes budgets as amounts to the managers reporting to him. The following table shows the allocations made to each direct report (managers) and the total salaries of the employees in their chain.

Now, one of Manager 2's employees with eligible salary of $ 100,000 is reassigned to Manager 3. What will be the impact on Budget Percentage? (Choose the best answer.)

A. Allocated budget will not change. Budget percentage of Manager 3 will increase to 12.5% and Manager
2 will decrease to 8%.
B. No impact. The budget allocated to the employee will automatically be allocated to Manager 3. Budget percentage will remain as 10.
C. Budget allocated for the employee will be released back to the manager for reallocation. Budget percentage will remain unchanged.
D. Allocated budget will not change. Budget percentage of Manager 2 will increase to 12.5% and Manager
3 will decrease to 8%.

Question 2

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. Before deleting the item, you must configure a zerovalue behavior for the item.
B. The item cannot be deleted,because it is attached to a category.
C. More than one administrator might be using the item and, therefore, it cannot be deleted.
D. The above scenario does not stand true as the item can be deleted.

Question 3

While administering compensation, the managers in the organization want to first allocate compensation to the outstanding performers with compa-ratio less than 80 and, therefore, want to view only this population. How would you, as a consultant, help the managers toachieve this? (Choose the best answer.)

A. This cannot bedone once the population is finalized and the compensation cycle is started.
B. Use the Advanced Filter option in the worksheet to create a custom condition.
C. Control the population by using eligibility profiles.
D. Use the sort feature in the worksheet to control this.

Question 4

After the compensation plan was configured, the Validate Plan Setup process was run successfully with no warnings or errors. However, when the worksheet is accessed by a Line Manager, the Line Manager notices that employees who are ineligible are also visible in the worksheet despite running the Validate Plan Setup process.
What is the reason for this?(Choose the best answer.)

A. The Validate Plan Setup process does not validate eligibility profiles.
B. The Validate Plan Setup process showed a warning about errors on the eligibility profiles, which was ignored by the compensation administrator.
C. The Validate PlanSetup process failed to report errors from the eligibility profiles.
D. The compensation administrator did not run the Validate Plan Setup process and run the Start Compensation Cycle process instead.

Question 5

As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items? (Choose two.)

A. Compensation items can be added to statement definitions directly.
B. Compensation items are added to a compensation category to include them in statements.
C. Compensation items need not be mapped to the specific source from which the compensation information is retrieved.
D. Compensation items cannot be used across statement definitions.
E. Compensation items are the foundation upon which the Compensation Statement is built.

Solutions: