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

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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. While configuring the Budget page, you are setting the properties of the Job column.
Which two sectionsare available in the properties for the Job column? (Choose two.)

A) Default Value
B) General
C) Information
D) Legal Employer

2. A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up Calculation Factors for the deduction elements setup.
Which two statements are correct regardingthe Calculation Factors? (Choose two.)

A) Calculation Factors indicate which deduction range to use when calculating the deduction amount.
B) The Manage Deduction Group Rates task in the Payroll Calculation work area is used to view the calculation factors defined.
C) The Manage Deduction Ranges task in the Payroll Calculation work area is used to view the calculation factors defined.
D) Calculation Factors define which classifications of earnings to consider when calculating the basis for the deduction element.

3. Which four tasks are part of Worksheet Configuration Options? (Choose four.)

A) Components
B) Performance ratings
C) Models
D) Compensation change statements
E) Plan cycles
F) Alerts

4. Your customer's compensation has an itemized structure. The company wants to increase the Cost of Living allowance of the employees living in the New Jersey area by 3% to compensate for the increased living costs there. Which feature of Oracle Fusion Workforce Compensation can be used to achieve this? (Choose the best answer.)

A) Salary Component
B) Action and Action Reasons
C) Plan Eligibility
D) Plan Access
E) Budget Pools

5. Yourcustomer's company spans multiple countries. It follows a global salary increase process in the month of May and awards bonuses twice a year in the month of June and December for workers who are employed in various countries. As an implementation consultant, you must define Statement Periods for the Compensation Statement. Which three options will you consider? (Choose three.)

A) the date that statements become available toworkers
B) the date when merit increases are awarded to workers
C) an optional welcome message
D) the date when bonus is awarded to workers
E) the conversion rate date for currency conversions

Solutions: