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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up Calculation Factors for the deduction elements setup.
Which two statements are correct regardingthe Calculation Factors? (Choose two.)

A) The Manage Deduction Group Rates task in the Payroll Calculation work area is used to view the calculation factors defined.
B) Calculation Factors indicate which deduction range to use when calculating the deduction amount.
C) Calculation Factors define which classifications of earnings to consider when calculating the basis for the deduction element.
D) The Manage Deduction Ranges task in the Payroll Calculation work area is used to view the calculation factors defined.

2. A corporation has implemented Oracle Fusion Workforce Compensation. Oracle Fusion Supplemental Earning Elements must now be created to capture ad hocpayments for eligible workforce.
Which two statements are true about element eligibility criteria for such elements? (Choose two.)

A) Some element eligibility criteria may not be available, depending onthe level at which the element is attached.
B) You candefine multiple eligibility criteria for each element, but there must not be any overlap between them.
C) You cannot define multiple eligibility criteria for each element in any case.
D) You can define multiple eligibility criteria for each element, but there must be an overlap between them.

3. As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items? (Choose two.)

A) Compensation items cannot be used across statement definitions.
B) Compensation items can be added to statement definitions directly.
C) Compensation items are added to a compensation category to include them in statements.
D) Compensation items need not be mapped to the specific source from which the compensation information is retrieved.
E) Compensation items are the foundation upon which the Compensation Statement is built.

4. How would you control the task of determining if a person is eligible for a compensation plan? (Choose the best answer.)

A) with the eligibility profiles, never through element eligibility
B) either with eligibility profiles or through element eligibility
C) a mix of element eligibility and eligibility profiles
D) through element eligibility only, never with eligibility profiles

5. As an implementation consultant, you are required to create an element that is applicable only to a set of employees who are in the Production department and who are on weekly payrolls.
What is the correct configuration to meet this requirement? (Choose the best answer.)

A) Create Element Eligibility with the Grade and Position parameters.
B) Create Element Eligibility with the department and specific payroll parameters.
C) Create Element Eligibility with the Legal Employer and Payroll Statutory Unit parameters.
D) Create an element without defining Element Eligibility.

Solutions: