Oracle 1Z0-1049-21 Exam Questions : Oracle Compensation Cloud 2021 Implementation Essentials

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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. You have configured acompensation plan to include ratings from the performance management system. For one particular division, the performance ratings have not been finalized and are shown as blank on the compensation worksheet. The manager updates the performance rating whileallocating compensation. What happens in this case? (Choose the best answer.)

A) The rating will be available to only the plan where it is updated.
B) The rating will be available to only the plans where the same manager is involved.
C) The rating will be available to all plans that are currently active.
D) The rating will be available inthe Performance document in the performance system.

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

3. 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) Compensation items with sources belonging to different legal employers cannot be added.
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) Edits to compensation categories affect all statement definitions that use that category.
E) The statement definition acts as a template and determines the layout and content of the generated statement.
F) The statement definition consists of compensation items added to compensation categories.

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

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

5. The compensation administrator wants to run Purge Workforce Compensation Data for one of the past compensation plans because the transaction data from that period is not required anymore. However, the compensation administrator does not get the option to include the said plan. What is the reason for this?
(Choose the best answer.)

A) Purge Workforce Compensation Data can be run only after Back Out Workforce Compensation Data is run withthe "Full Back Out" option.
B) Purge Workforce Compensation Data cannot be run because the Transfer Workforce Compensation Data to HR process has already been run and compensation data transferred to HR.
C) Purge Workforce Compensation Data can be run only for compensation plans that are valid for the future.
D) Purge Workforce Compensation Data can be run only for compensation plans with Inactive status.

Solutions: