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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. As an implementation consultant, you have defined a total compensation statement. From a security perspective, you are required to identify a key user who will have access to view the total compensation statement.
Which role is mandatory to view the compensation statement? (Choose the best answer.)

A) Compensation Manager
B) Compensation Analyst
C) Compensation Specialist
D) Compensation Executive

2. Which statement is correct about secondary element classifications? (Choose the best answer.)

A) They are user-defined and cannot be edited.
B) They are predefined andcan be edited.
C) They are user-defined and can be edited.
D) They are predefined and cannot be edited.

3. A compensation manager of a corporation is setting up a new salary basis for the employees.
Which statement is true about payroll elements set up for a salary basis? (Choose the best answer.)

A) Multiple payroll elements can be attached a salary basis.
B) Payroll elements of any classification type can be attached to a salary basis.
C) Recruiting elements can be linked to multiple salary bases only if they are classified as earnings elements and configured to allow multiple entries in the same period.
D) Recruiting elements can be linked to multiple salary bases only if they are classified as earnings elements, and they need not be configured to allow multiple entries in the same period.

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

5. As an implementation consultant, you are required to define the total compensation statement. You are creating the statement definitions for your compensation statement.
Which three statements are true about the statement definitions? (Choose three.)

A) Edits to compensation categories affect all statement definitions that use that category.
B) Multiple legal employers, multiple countries, and multiple currencies cannot be included in one statement.
C) Reusing statement definitions by creating new statement periods and then modifying the definition for subsequent periods is not possible.
D) The statement definition consists of compensation items added to compensation categories.
E) Compensation items with sources belonging to different legal employers cannot be added.
F) The statement definition acts as a template and determines the layout and content of the generated statement.

Solutions: