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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. While configuring a plan cycle, you have set the Worksheet update start and end dates as 15-Apr-2014 and
31-May-2014, respectively. However, when a manger logs into the workforce compensation area on
5-Apr-2014, he is able to see the active plan, but in read-only mode.
What could be the possible reason for this? (Choose the best answer.)

A) Active plans are always shown in read-only mode form the Evaluation period start date, which is always prior to the Worksheet update date.
B) Active plans are always shown in read-only mode until the Worksheet update period starts.
C) Active plans are always shown in read-only mode once it is past the eligibility determination date.
D) Active plans are always shown in read-only mode from the Plan Access start date, which is generally prior to the Worksheet update date.

2. What additional action would yourecommend to your customer for worker-administered plans to control plan availability in addition to HR actions? (Choose the best answer.)

A) Manage Individual Contribution
B) Manage Variable Allocations
C) Manage Contributions
D) Allocate Workforce Compensation
E) Manage Worker Contributions

3. The Budget Pool Storage Method selected is "Amount." Oneof the line managers in the organization has twenty employees reporting to him. One of the employees leaves the organization during the compensation cycle.
What will be the effect on the budget allocated to the Line Manager? (Choose the best answer.)

A) The published budgets change when a manager's total eligible salary changes, such as when workers are reassigned.
B) The published budgets change whena manager's total eligible salary changes, such as when workers eligibility changes.
C) The published budgets is always a percentage of the total budget pool.
D) The published amounts stay with the manager when workers are reassigned or their eligibility changes.

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

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

5. Your client wants you to create a single Compensation Change statement that includes compensation awarded formultiple plans. What would you, as an implementation consultant, advise your client? (Choose the best answer.)

A) Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.
B) Create a custom data model that can pullcompensation awarded from different plans and display the data using a BI publisher layout.
C) Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.
D) This is possible only in the on-premises model using customization and is not possible in an Saas instance. Therefore, you would respond accordingly to the client.

Solutions: