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Oracle 1Z0-1049-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Elements, Balances, and Formulas | - Define Elements - Manage Balances - Write Fast Formulas |
| Total Compensation Statements | - Statement Configuration
|
| Base Pay | - Salary Administration
|
| Individual Compensation | - Awards and Compensation Management
|
| Workforce Compensation Plans | - Plan Configuration
|
| Workforce Compensation Processing | - Compensation Cycle Management
|
| Compensation Foundation | - Compensation Components Setup
|
| Compensation Analytics and Reporting | - Workforce Compensation Reports - Audit and Monitoring - Compensation Analytics |
Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
Question 1
Your client is a consumer goods wholesaler. The client's organization has five departments. While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees in that department. In the current year, only the Electronics department has exceeded its sales target.
How would the compensation manager allocate the extra budget to the manager of the Electronics Department? (Choose the best answer.)
A. Request excess budget allocation from the manager above him.
B. Publish the original budgets to all managers, followed by publishing the extra budget to only the manager of the Electronics department.
C. Initiate budgets automatically by using the Start Compensation Cycle process.
D. Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.
Question 2
During the compensation review cycle, which two actions occur when a manager is allocated a zero or null budget? (Choose two.)
A. The manager does not have access to the plan.
B. The available budget becomes negative when the manager makes allocations.
C. The manager can manually allocate some budget for his team.
D. The manager will have read-only access.
Question 3
What additional action would yourecommend to your customer for worker-administered plans to control plan availability in addition to HR actions? (Choose the best answer.)
A. Allocate Workforce Compensation
B. Manage Individual Contribution
C. Manage Variable Allocations
D. Manage Worker Contributions
E. Manage Contributions
Question 4
While working on a budget sheet or a compensation worksheet, a manager chooses to use the "Export to Excel workbook" option to do his or her work. Which four of the following steps wouldhe or she need to perform upon clicking the "Export to Excel workbook" option and prior to finalizing his or her proposal and submitting it for approval? (Choose four.)
A. Download and authenticate workbooks.
B. Edit the workbook data.
C. Repeat the steps as many times asnecessary to accommodate the revisions.
D. Resolve errors created by the uploaded file.
E. Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
F. Filter the editsand upload only the edited fields.
Question 5
The Compensation and Benefits policy defined for your organization limits contingent workers from getting an increment as part of the Annual Salary Review. As a result, the contingent workers are excluded in the eligibility profile and ineligible workers are not tracked as part of the Annual Salary Review Compensation Plan.
A recent change to this policy enforced a minimum increment for the entire contingent worker population.
Consequently, the compensation administrator ran the Refresh Data process to update the worksheets and include the contingent workforce but none of the contingent workers are included. What should the compensation administrator do to bring the contingent workers into the manager's compensation worksheet?
(Choose the best answer.)
A. Update the eligibility profile to include the contingent workers and rerun the Refresh Workforce Compensation Data process by selecting Refresh Option - Reevaluate Eligibility.
B. Rerun the Refresh Workforce Compensation Data process by selecting Refresh Option - Reevaluate Eligibility.
C. Update the eligibility profile to include the contingent workers and run the Start Workforce Compensation Cycle process.
D. Run the Start Workforce Compensation Cycle process.
Solutions:
| Question 1 Answer: B | Question 2 Answer: C,D | Question 3 Answer: A | Question 4 Answer: A,D,E,F | Question 5 Answer: A |
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