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Oracle Workforce Rewards Cloud 1Z0-1049-21

1Z0-1049-21

Exam Code: 1Z0-1049-21

Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials

Updated: Aug 12, 2026

Q & A: 180 Questions and Answers

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Oracle 1Z0-1049-21 Exam Syllabus Topics:

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

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

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


2. A corporation has implemented Oracle Fusion Workforce Compensation. A custom element was createdto capture the entry value for four input values. Data load is performed by the Batch Loader, but the associated Daily Business Intelligence (DBI) is returning the entry value corresponding only to the first input value.
Identify the option that willenable the DBI to return all the input variables. (Choose the best answer.)

A) Create a new element from scratch.
B) This scenario cannot be implemented.
C) Delete the existing element link and create a new element link, which will automatically create all four input values.
D) Create status processing rules for the input values.


3. 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) 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.
B) 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.
C) Multiple payroll elements can be attached a salary basis.
D) Payroll elements of any classification type can be attached to a salary basis.


4. Identify four correcthistory categories when setting up compensation history. (Choose four.)

A) Non-Recruiting Payments
B) Salary
C) Payroll Elements
D) Other Compensation
E) Stock
F) Recruiting Payments


5. You create a compensation plan and attach a Compensation Performance rating model to it. While themanager is allocating compensation, he specifies a rating for each of the employees under him. Where will the rating specified by the manager be available? (Choose the best answer.)

A) To the current compensation plan and the Performance Management system
B) To the current compensation plan and HR system
C) Only within the current compensation plan and all cycles associated with it
D) Only within the current compensation plan and the current cycle


Solutions:

Question # 1
Answer: A
Question # 2
Answer: A
Question # 3
Answer: B
Question # 4
Answer: A,D,E,F
Question # 5
Answer: C

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