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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. An Organization tracks compensation that is not stored in the Benefit Balance, Element Entry, External Data, and Payroll Balance source types. Which three statementsare true about configuring Compensation Items for a Compensation Statement? (Choose three.)

A) Effective Date can be used as Context when implementing the source type forsuch Items.
B) Person ID can be used as Context when implementingthe source type for such Items.
C) Legislative Data Group ID can be used as Context when implementing the source type for such Items.
D) Manager ID can be used as Context when implementing the source type for such Items.
E) Currency can be used as Context when implementing the source type for such Items.

2. Your client has set up an individual compensation plan for a contribution towards a retirement benefit. This contribution must be approved by the three-level manager hierarchy. While setting up the approval hierarchy, the compensation administrator wanted to set up notifications for any errors occurring during the workflow.
Identify the three allowed options needed to set up notifications accordingly. (Choose three.)

A) Groups
B) Individual users
C) Application roles
D) Duty roles

3. Which two tasks are true aboutcomponents in worksheet configurations? (Choose two.)

A) There is the flexibility to add any number of components within a compensation plan.
B) Each component has to be of a separate type, such as salary or bonus.
C) Plans must have at least one component if awarding compensation.
D) You can create up to five components to represent the different types of compensation that you want to award within a plan.

4. Contingent workers are ineligible as per the eligibility rules defined for your organization's compensation plan. The compensation plan cycle is started. As is the standard practice, the compensation administrator schedules the "Refresh Workforce Compensation Data" nightly. A worker who was a contingent worker is now an employee of the organization and the next day shows up in Manager's worksheet. How is this possible? (Choose the best answer.)

A) Hide Ineligible Workers is selected in the compensation plan.
B) Show Ineligible Workers is selected in the compensation plan.
C) Process IneligibleWorkers is selected in the compensation plan.
D) Track Ineligible Workers is selected in the compensation plan.

5. A compensation manager of a corporation is setting up a new salary basis for the employees.
Which statement is true about payroll elements set up for a salary basis? (Choose the best answer.)

A) Payroll elements of any classification type can be attached to a salary basis.
B) Multiple payroll elements can be attached a salary basis.
C) Recruiting elements can be linked to multiple salary bases only if they are classified as earnings elements, and they need not be configured to allow multiple entries in the same period.
D) Recruiting elements can be linked to multiple salary bases only if they are classified as earnings elements and configured to allow multiple entries in the same period.

Solutions: