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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A corporation is implementing Oracle Fusion Workforce Compensation and has set up an individual compensation plan for a contribution. This contribution has to be approved by the four members in parallel.
Identify the correct option regarding parallel approvals. (Choose the best answer.)

A) Parallel approvals are supported by configuring the Application role option in the Resource list builder.
Only after all the approvers approve will the process end.
B) Parallel approvals are supported and can be configured using Static approval groups. Only after all the approvers approve will the process end.
C) Parallel approvals are not fully supported, but notifications can be sentto all members in parallel using the list builder resource option and configuring Application Role. However, the first person who claims the notification can approve it, and this ends the process and the other members lose control over the approval of thenotification.
D) A parallel approval option is not available and any approval configured is always sequential.

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

3. Yourcustomer's Workforce Compensation Plan for Annual Salary Review is set up with the following dates in the Plan Cycle:
* Evaluation Period Start Date: 1-Jan-2014
* Evaluation Period End Date: 31-Dec-2014
* Worksheet Update Period Start Date: 1-Jan-2014
* WorksheetUpdate Period End Date: 31-Dec-2014
* HR Data Extraction: 31-Dec-2014
* Eligibility Determination Date: 31-Dec-2014
There is a worker with a termination date of 30-Oct-2014. When the Transfer Data to HR process is run, it fails for this worker. What should you do to successfully add the lump sum award element entries and salary adjustments? (Choose the best answer.)

A) Terminated workers should be excluded from being processed in Workforce Compensation plans.
B) The salary adjustment or lumpsum effective date must be earlier than or equal to the worker's termination date.
C) The salary adjustment or lumpsum must be manually calculated and added for such workers.
D) The worker termination date should be changed to reflect the same date as the HR Data Extraction date.
E) The salary adjustment or lumpsum effective date must be later that the worker's payroll last standard process date.

4. You have created a compensation plan and configured the plan details. However, when you try to run the
"Start Compensation Cycle" process, you are not able to see the plan you created in the list that appears.
Which three options could be possible reasons for this? (Choose three.)

A) The compensation administrator or equivalent role is not attached to your plan.
B) Your user role does not have access to view the plan.
C) Restrict Plan access is set to "NO"; however, the roles that are allowed are not specified.
D) Restrict Plan access is set to "Yes" and the compensation administrator role is added tothe list of roles in
"Plan access from Compensation work area."
E) Accessto the compensation administrator role is restricted in Plan Access.

5. When upper-level managers change the plan access ofone or more lower-level managers, they receive a notification informing them about the change in access. Which option do they receive to act on the notification? (Choose the best answer.)

A) Dismiss
B) Reply
C) Reject
D) Accept

Solutions: