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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Your customer must use Grade Ladders to suitthe industry in which it operates. How should you define the Grade Ladders that the customer needs? (Choose the best answer.)

A) byusing Min, Max, and Mid Point rate values
B) by associating the Grade Ladders with legal entities
C) by using LDG-specific Grade Min, Max, and Mid Point rate values
D) by using steps and rate values

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

3. Your customer's compensation has an itemized structure. The company wants to increase the Cost of Living allowance of the employees living in the New Jersey area by 3% to compensate for the increased living costs there. Which feature of Oracle Fusion Workforce Compensation can be used to achieve this? (Choose the best answer.)

A) Action and Action Reasons
B) Budget Pools
C) Salary Component
D) Plan Access
E) Plan Eligibility

4. After creating a compensation plan and eligibility profiles, you are currently modeling the budget allocation.
The HR manager informs you that one employee under Supervisor 1 has been seconded to a different country on a temporary basis with no changes to his employment terms and that this employee must be removed from the budgeting exercise.
What is the correct way of achieving this? (Choose the best answer.)

A) Modify the eligibility profile by using a formula to exclude the employee from appearing under Supervisor 1. After the compensation cycle is completed, revert the eligibility profile to its original from, if needed.
B) Use the Edit button in the Employee's included area while creating a model to exclude the employee.
C) Advise Supervisor 1 not to allocate any compensation for the employee. In the meanwhile, manually adjust the budget allocated to Supervisor 1 to exclude the employee's amount.
D) Use the Include check box next to the employee's name in the Budget worksheet to exclude the employee from the cycle.

5. Which four statements are true if you enable Performance Ratings and integrate with Oracle Fusion Performance Management? (Choose four.)

A) You can also display the Performance Rating History column in the worksheet to see historical ratings given in the Performance Management system.
B) You select the performance template or document name and the period to make available, and whether to display only completed ratings or ratings in any status.
C) You need to refresh the HR data for ratings updated in Performance Management so they are updated in the worksheet.
D) You can display overall and calculated performance ratings given in the Performance Management system andprovide access to the full performance document from within the worksheet.
E) You have the option to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.

Solutions: