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

1Z0-1049-21 actual test
  • Exam Code: 1Z0-1049-21
  • Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials
  • Updated: Jun 02, 2026
  • Q & A: 180 Questions and Answers
  • PDF Demo
  • PC Test Engine
  • Online Test Engine
  • Total Price: $59.99  

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

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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. 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.


2. Your client's organization is a multi-country organization with headquarters in the US, and managers have direct reports in different countries.
In which three ways canthe compensation currency be displayed? (Choose three.)

A) The corporate currency
B) Each employee's local currency
C) Only one currency can be displayed
D) Preferred currency


3. Employee X was hired on 5 March 2014 as a Web Designer and was reporting to Manager Y.
On10 September 2014, this employee was transferred to Manager Z to work as an Online Campaign designer. The company where Employee X works is doing a compensation cycle for the current year starting 1 October
2014. The employee record set up in the plan setting is "Employment terms," while the Legal Employer of Employee X uses a two-tier model.
On which manager's worksheet does Employee X appear? (Choose the best answer.)

A) Both Manager Y and Manager Z, because he has worked under both of them during the current cycle.
B) Employee X does not appear on any manager's sheet, because he will not be evaluated by thecompensation plan.
C) Manager Y, because this is the original manager of Employee X.
D) Manager Z, because this is the current manager to whom Employee X is reporting.


4. You are required to explain to your client the use of Hierarchy design in Compensation Process. Which two Compensation-related activities use Hierarchy? (Choose two.)

A) Allocating budgets
B) Sending Compensation alerts
C) Plan access
D) Feedback survey
E) Approval routing


5. A corporation has implemented Oracle Fusion Workforce Compensation. Per business requirements, the Fusion consultant must integrate Oracle Fusion Workforce Compensation with Oracle Fusion Benefits to fetch the value of Benefits Amountas one of the input values for the Benefit element to get the eligible salary of an employee for the compensation process.
Identify the option that will enable fetching of the Benefits Amount value. (Choose the best answer.)

A) Database items are created by default for the element input values.
B) Select the "Allow User Entry" and "Create a Database Item" check boxes for the element input value.
C) Select "Pay Separately" as the "Special Purpose" option.
D) Create an "Amount" input value at the element eligibility link level.


Solutions:

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

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