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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. You arecreating grade rates. What values are necessary for any grade rate that you create? (Choose the best answer.)

A) Minimum, Maximum, Mid Point, or Value
B) Minimum, Maximum, Mid Point, and Value
C) Minimum, Maximum, or Value
D) Minimum, Maximum, and Value

2. As a compensation executive, you are required to upload stock data sent by a vendor of a corporation into the Fusion application.
Which option is the correct method to do so? (Choose the best answer.)

A) Manage Stock Grants >> Import Items
B) Manage Stock Grants >> Prepare Import Spreadsheet
C) Manage Stock Grants >> Import Source
D) Manage Stock Grants >> Import Category

3. You create a compensation plan and attach a Compensation Performance rating model to it. While themanager is allocating compensation, he specifies a rating for each of the employees under him. Where will the rating specified by the manager be available? (Choose the best answer.)

A) Only within the current compensation plan and all cycles associated with it
B) To the current compensation plan and the Performance Management system
C) Only within the current compensation plan and the current cycle
D) To the current compensation plan and HR system

4. Your customer wants to give its employees a way to donate to charity. This donation could be started anytime in the year and can be updated or stoppedonly during the month of September.
Identify the correct set of plan restriction to achieve the desired results. (Choose the best answer.)

A) The individual compensation plan must be set up with the following restrictions:
New Allocations: Always
Update Allocations: Specific period Sep 1-Sep 30
Discontinue Allocations: Specific period Sep 1 - Sep 30
B) The individual compensation plan must be set up with "NO" for plan access restriction.
C) The individual compensation plan must be set up with the following restrictions:
New Allocations: Always
Update Allocations: Specific period Sep 1- Sep 30
Withdraw Allocations: Specific period Sep 1 - Sep 30
D) The individual compensation plan must be set up with thefollowing restrictions:
Create Allocations: Always
Update Allocations: Specific period Sep 1 - Sep 30
Discontinue Allocations: Specific period Sep 1 - Sep 30

5. 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) Plan access
C) Sending Compensation alerts
D) Feedback survey
E) Approval routing

Solutions: