Oracle 1Z0-1049-21 valid exam dumps : Oracle Compensation Cloud 2021 Implementation Essentials

  • Exam Code: 1Z0-1049-21
  • Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials
  • Updated: Sep 25, 2026
  • Q&As: 180 Questions and Answers

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Oracle 1Z0-1049-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Workforce Compensation Plans- Plan Configuration
  • 1. Plan Access
  • 2. Column and Component Design
  • 3. Worksheet Configuration
  • 4. Budget Setup
Topic 2: Individual Compensation- Awards and Compensation Management
  • 1. Compensation History
  • 2. Awards and Spot Bonuses
  • 3. Individual Compensation Plans
Topic 3: Compensation Foundation- Compensation Components Setup
  • 1. Compensation Objects
  • 2. Eligibility Profiles
  • 3. Compensation Categories
Topic 4: Compensation Statements- Statement Configuration
  • 1. Statement Definitions
  • 2. Display Components
  • 3. Generate Compensation Statements
Topic 5: Compensation Analytics and Reporting- Reporting and Analysis
  • 1. Audit and Monitoring
  • 2. Workforce Compensation Reports
  • 3. Compensation Analytics
Topic 6: Base Pay- Salary Administration
  • 1. Manage Base Pay
  • 2. Grade Rates
  • 3. Compensation Zones
  • 4. Salary Basis
  • 5. Salary Components
Topic 7: Workforce Compensation Processing- Compensation Cycle Management
  • 1. Compensation Processes
  • 2. Refresh and Publish Data
  • 3. Plan Validation
  • 4. Batch Processes

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question #1

Your customer is planning to configure an Individual Compensation Company Car Plan to include only the Sales department employees. The customer alsowants to restrict luxury model vehicles to executive positions.
Which three statements are true about accomplishing this? (Choose three.)

  • A. Create an eligibility profile to include only the Sales department and attach it to Company Car Plan.
  • B. You cannot achieve this because you cannot attach eligibility profiles with Plan and Option.
  • C. Createan eligibility profile to include executive positions and attach it to Company Car Plan.
  • D. You can attach eligibility profiles with Plan, Option, or both.
  • E. Create an eligibility profile to include the Sales department and the executive positions and attach it to Company Car Plan and the Luxury models option.
  • F. Createan eligibility profile to include the executive positions and attach it to the Luxury models option.
Reveal Solution  Discussion  0

Correct Answer: A,C,E  🗳️

Question #2

In the workforce compensation work area, the Manager's Worksheet Status is "In Approvals". What progress has the compensation manager made through a workforce compensation cycle? (Choose the best answer.)

  • A. The manager saved some changes to his or her worksheet.
  • B. The highest-level manager or approver in the approval hierarchy approved the manager's worksheet.
  • C. The first-level manager approved the manager's worksheet.
  • D. The manager submitted his or her worksheet for approval.
  • E. A budgetwas published to the manager.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #3

As an implementation consultant, you are required to define the total compensation statement. You are creating the statement definitions for your compensation statement.
Which three statements are true about the statement definitions? (Choose three.)

  • A. Compensation items with sources belonging to different legal employers cannot be added.
  • B. The statement definition consists of compensation items added to compensation categories.
  • C. Edits to compensation categories affect all statement definitions that use that category.
  • D. The statement definition acts as a template and determines the layout and content of the generated statement.
  • E. Reusing statement definitions by creating new statement periods and then modifying the definition for subsequent periods is not possible.
  • F. Multiple legal employers, multiple countries, and multiple currencies cannot be included in one statement.
Reveal Solution  Discussion  0

Correct Answer: B,D,E  🗳️

Question #4

You have created a total compensation statement. However, you are not able to see one of the categories in the summary section on the left pane. What is the reason for this? (Choose the best answer.)

  • A. The category does not have employer contribution.
  • B. The category does not have a graph defined in it.
  • C. The category does not have employee contribution.
  • D. The category has been added as a subcategory.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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. Notification Settings
  • B. Data Driven Routing
  • C. Approval and Rejection Policies
  • D. Escalationand Expiration Policies
  • E. Assignment and Routing Policies
Reveal Solution  Discussion  0

Correct Answer: A,B,E  🗳️

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