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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A corporation implemented Oracle Fusion Core HR on a three-tier model with Multiple Employment Terms with Multiple Assignments as the employment model. An employee of the corporation has multiple assignments and multiple employment terms on different payroll frequencies.
What kind of salary basis must be associated with the employee? (Choose the best answer.)

A) One salary basis for each employment terms and one of them can be used for assignment
B) One salary basis for each assignment and one of them can be used for the employment terms
C) One salary basis for allassignments and employment terms
D) A different salary basis associated with each assignment or employment term.

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

3. Your client wants to offer a spot incentive bonus to hourly employees who worked 100 percent of their scheduled shift hours in a three-month period. What type of eligibility profile can you use in this case?
(Choose the best answer.)

A) User-defined-criteria-based eligibility profile
B) Derived-factor-based eligibility profile
C) Fast-formula-based eligibility profile
D) Employment-criteria-based eligibility profile

4. You are required to explain to your client the use of Hierarchy design in Compensation Process. Which two Compensation-related activities use Hierarchy? (Choose two.)

A) Approval routing
B) Sending Compensation alerts
C) Feedback survey
D) Plan access
E) Allocating budgets

5. What are the two correct options with respect to budgeting when the salary has multiple components?(Choose two.)

A) Budgets cannot be separate for each component.
B) Multiple components can have a single budget.
C) Budgets can be separate for each component.
D) Multiple components cannot have a single budget.

Solutions: