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

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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. An administrator of a corporation must generate the compensation statements for the workers to notify them about their compensation details.
Identify the correct role that will give the administrator accessto complete the process. (Choose the best answer.)

A) Compensation Administrator
B) Compensation Manager
C) HR Specialist
D) Line Manager

2. 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) by using steps and 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) byusing Min, Max, and Mid Point rate values

3. Which five tasks can be performed by a compensation manager? (Choose five.)

A) Determine compensationamounts offline by downloading details to a spreadsheet.
B) Review and approve work of Superior Manager.
C) Promote and rate worker performance while allocating compensation.
D) Allocate compensation.
E) Analyze proposed changes for equity among peer groups and by manager, alignment with the market, and pay for performance strategies.
F) Generate company-configured compensation change statements to notify workers of a compensation award, job change, or performance rating assignment.

4. As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items? (Choose two.)

A) Compensation items need not be mapped to the specific source from which the compensation information is retrieved.
B) Compensation items cannot be used across statement definitions.
C) Compensation items are added to a compensation category to include them in statements.
D) Compensation items can be added to statement definitions directly.
E) Compensation items are the foundation upon which the Compensation Statement is built.

5. A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up the Deductions options.
If Deduction cards are supported at multiple levels, which task in the Setup and Maintenance Work area is used to create deduction card overrides at the Payroll Statutory Unit level? (Choose the best answer.)

A) Manage Legal Entity DeductionRecords
B) Manage Payroll Deductions
C) Manage Legal Reporting Unit Deduction Records
D) Manage Personal Deductions

Solutions: