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

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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. You are the compensation manager of a corporation. Which four tasks can you perform while administering compensation for your workforce? (Choose four.)

A) Create and manage models for use by line managers or by administrators to distribute compensation directly to employees.
B) Analyze plan results.
C) Run processes to initiate a compensation cycle.
D) Maintain currency rates and access to plans from the watchlist.
E) Override line manager allocations, job changes, andperformance ratings.
F) Override line manager allocations, job changes, and performance ratings.

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

3. Your customer has employees located in four countries (Unites States, Japan,India, and Germany) and each country has a specific salary range. How would you configure the salary bases? (Choose the best answer.)

A) Create four salary bases and four grade rates, and attach the grade rates to the salary bases.
B) Create one salary basis and four different grade rates, and attach the grade rate to the salary basis at the employeelevel.
C) Create four salary bases and one grade rate, and define different ranges for the same grade rate while attaching the grade rate to the salary bases.
D) Create one salary basis and one grade rate, and define different ranges for the salary basis at the employee level.

4. While configuring Workforce CompensationPlan, you specify Performance Rating date in Plan Cycle as the same in multiple plans.
What will happen when the manager updates a compensation performance rating in the worksheet of one plan?
(Choose the best answer.)

A) The rating will be available to only the planswhere the same manager is involved.
B) The rating will be available toonly the plan where it is updated.
C) The rating will be available to all plans that are currently active.
D) The rating will be available to all plans with the same Performance Rating date in Plan Cycle.

5. What happens when you define Workforce CompensationPlan components but the employees to whom the compensation change is being administered does not have any component in his or her salary? (Choose the best answer.)

A) The last component is automatically mapped to the salary and the amount associated with this component is posted as a salary adjustment to the employee record.
B) The first component is automatically mapped to the salary and the amount associated with this component is posted as a salary adjustment to the employee record.
C) The sum of all components identified to be posted as salary is posted as a single salaryadjustment amount to the employee's salary record.
D) The component adjustment is not posted as a salary adjustment to the employee's record. While designing the compensation plan, ithas to be kept in mind that the plan components must have a direct mapping with the employee's salary components.

Solutions: