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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question 1

Identify the three correct statements for an alternate approver hierarchy. (Choose three.)

A. The alternate approver must be a part of the regular plan hierarchy.
B. The highest Approval sequence is the final approver.
C. You can create multiple approvers for the same manager.
D. By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set orsequence of approvers.

Question 2

As a Fusion implementation consultant, you are configuring Fusion HCM Compensation Management module for a manufacturing client. Which three statements are correct in relation to compensation statement display options? (Choose three.)

A. You cannot include and hide the welcome message at the statement definition setuplevel.
B. You can hide table columns.
C. You can configure display of zero values.
D. You cannot hide regions for graphs or descriptions at the statement definition setup level.
E. You cannot exclude a category from the statement summary at the category setup level.
F. You can hide or show the estimated amount indicator at the category setup level.

Question 3

Which item is false regarding plan access? (Choose the best answer.)

A. Compensation administrators have access to all plan configuration tasks for all plans.
B. A compensation administrator's general access cannot be overridden.
C. A compensation administrator's general access can be overridden using roles.
D. Compensation managers have access to the budget sheet and worksheets for all plans and employee administration tasks.

Question 4

Your client's compensation plan for employees includes a component that is based on years of service in the organization. If a person completes 10 years in the company, he or she will be eligible for a seniority component and the associated fixed salary amount. What type of eligibility profile you would need to create in order to track workexperience of people? (Choose the best answer.)

A. Employment-based eligibility criteria suing hire date
B. User-defined-criteria-based eligibility profile using hire date
C. Employment-based-eligibility-criteria using length of service
D. Derived -factor-based eligibility criteria using length of service

Question 5

A manager publishes budgets as amounts to the managers reporting to him. The following table shows the allocations made to each direct report (managers) and the total salaries of the employees in their chain.

Now, one of Manager 2's employees with eligible salary of $ 100,000 is reassigned to Manager 3. What will be the impact on Budget Percentage? (Choose the best answer.)

A. Allocated budget will not change. Budget percentage of Manager 3 will increase to 12.5% and Manager
2 will decrease to 8%.
B. Allocated budget will not change. Budget percentage of Manager 2 will increase to 12.5% and Manager
3 will decrease to 8%.
C. No impact. The budget allocated to the employee will automatically be allocated to Manager 3. Budget percentage will remain as 10.
D. Budget allocated for the employee will be released back to the manager for reallocation. Budget percentage will remain unchanged.

Solutions: