Oracle 1Z0-1049-21

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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. You are an implementation consultant, and the client organization wants you to provide a solution for how not to display the welcome message in the total compensation statement.
What will your answer in this situation be? (Choose the best answer.)

A) Edit the "Do not display Welcome message" option in "Compensation Category."
B) Edit the "Do not display Welcome message" option in "Compensation Item."
C) Changing the welcome message is not possible.
D) Edit the "Do not display Welcome message" option in "Statement Definition."

2. Which alert is advised to be disabled when you are using HCM co-existence between Oracle PeopleSoft HCM and Oracle Fusion Compensation? (Choose the best answer.)

A) Allocation exceeding target
B) Any custom alert
C) Leave of Absence
D) Employee termination

3. While configuring the Budget page, which five tabs are available in Page Layout? (Choose five.)

A) Budgeting
B) Summary
C) Information
D) Worker List
E) Detail table
F) Actions
G) Comments

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

5. A corporation implemented Oracle Fusion Workforce Compensation. A salary basis has been created and attached to the employee and a compensation cyclehas been run. The corporation wants to include a new component as part of the salary basis.
Which three are predefined components? (Choose three.)

A) Market adjustment due to salary being out of line with the market
B) Adjustment due to corrections within the organization
C) Equity adjustment to correct salary compression or inversion
D) Regular and automatic adjustment

Solutions: