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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A corporation has implemented Oracle Fusion Workforce Compensation and set up an individual compensation plan with the following details.
* Name: Variable component
* Restrict plan access: Yes
* Action: Manage Contributions
* Access Level: New
* Allocations: Always Allow
* Update Allocations: Never Allow
* Discontinue Allocations:"Allowed during a specific period" with the period start and end dates configured.
Identify the correct option for the possible actions. (Choose the best answer.)

A) The plan setup is always for HR totake actions and, therefore, only HR will be able to start the contribution anytime, update never, but discontinue during the period defined for any specific employee.
B) Only managers will be able to start the contribution anytime, update never, but discontinue during the period defined for any specific employee by using the manager dashboard.
C) The contribution will be automatically added to all the employees in the payroll andHR can discontinue allocations on a request basis.
D) All Employees will be able to start the contribution anytime, update never, butdiscontinue during the period defined.

2. What classification can you use if employees submit timecards and you want absences taken by these employees to show on the statement of earnings? (Choose the best answer.)

A) Absence Classification
B) Either Standard Earnings or Absence Classification
C) Either Absence or Information Classification
D) Standard Earnings Classification
E) Any classification will result in the absences showing
F) Information Classification

3. Yourcustomer's Workforce Compensation Plan for Annual Salary Review is set up with the following dates in the Plan Cycle:
* Evaluation Period Start Date: 1-Jan-2014
* Evaluation Period End Date: 31-Dec-2014
* Worksheet Update Period Start Date: 1-Jan-2014
* WorksheetUpdate Period End Date: 31-Dec-2014
* HR Data Extraction: 31-Dec-2014
* Eligibility Determination Date: 31-Dec-2014
There is a worker with a termination date of 30-Oct-2014. When the Transfer Data to HR process is run, it fails for this worker. What should you do to successfully add the lump sum award element entries and salary adjustments? (Choose the best answer.)

A) The salary adjustment or lumpsum must be manually calculated and added for such workers.
B) The worker termination date should be changed to reflect the same date as the HR Data Extraction date.
C) Terminated workers should be excluded from being processed in Workforce Compensation plans.
D) The salary adjustment or lumpsum effective date must be earlier than or equal to the worker's termination date.
E) The salary adjustment or lumpsum effective date must be later that the worker's payroll last standard process date.

4. Your customer wants to configure a workforce compensation plan with multiple cycles.Identify two correct statements about plan cycles. (Choose two.)

A) Each plan that requires a different cycle must be created manually.
B) A plan can have multiple compensation cycles, each with unique period dates.
C) A plan can have multiple compensation cycles, each with same period dates.
D) You can duplicate a cycleand specify the number of months to advance all dates.

5. While configuring Workforce CompensationPlan, you specify Performance Rating date in Plan Cycle as the same in multiple plans.
What will happen when the manager updates a compensation performance rating in the worksheet of one plan?
(Choose the best answer.)

A) The rating will be available to only the planswhere the same manager is involved.
B) The rating will be available to all plans that are currently active.
C) The rating will be available to all plans with the same Performance Rating date in Plan Cycle.
D) The rating will be available toonly the plan where it is updated.

Solutions: