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

  • Exam Code: 1Z0-1049-21
  • Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials
  • Updated: Aug 20, 2026
  • Q & A: 180 Questions and Answers

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Oracle 1Z0-1049-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Individual Compensation- Awards and Compensation Management
  • 1. Awards and Spot Bonuses
  • 2. Compensation History
  • 3. Individual Compensation Plans
Topic 2: Compensation Analytics and Reporting- Reporting and Analysis
  • 1. Audit and Monitoring
  • 2. Workforce Compensation Reports
  • 3. Compensation Analytics
Topic 3: Compensation Statements- Statement Configuration
  • 1. Statement Definitions
  • 2. Generate Compensation Statements
  • 3. Display Components
Topic 4: Base Pay- Salary Administration
  • 1. Salary Basis
  • 2. Manage Base Pay
  • 3. Salary Components
  • 4. Compensation Zones
  • 5. Grade Rates
Topic 5: Workforce Compensation Plans- Plan Configuration
  • 1. Budget Setup
  • 2. Column and Component Design
  • 3. Worksheet Configuration
  • 4. Plan Access
Topic 6: Compensation Foundation- Compensation Components Setup
  • 1. Compensation Objects
  • 2. Compensation Categories
  • 3. Eligibility Profiles
Topic 7: Workforce Compensation Processing- Compensation Cycle Management
  • 1. Compensation Processes
  • 2. Plan Validation
  • 3. Batch Processes
  • 4. Refresh and Publish Data

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. As an implementation consultant, you are defining entry values for an element in the Fusion application.
Which statement is true about selecting the rules for the element's entry value? (Choose the best answer.)

A) An element with the Automatic Entry option selected can allow multiple entries in the same period, and an element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
B) An element with the Automatic Entry option selected cannot allow multiple entries in the same period.
C) An element with the Automatic Entry option selected can allow multiple entries in the same period.
D) An element with the Automatic Entry option not selected cannot allow multiple entries in the same period.


2. As compensation administrator, you are required to show "Actual amounts paid to the worker" in the Total Compensation Statement. To meet this requirement, which component must be created? (Choose the best answer.)

A) Compensation Category
B) Compensation Item
C) Compensation Source
D) Compensation Statement Definition


3. You are configuring approvals under the Worksheets task list for an annual workforce compensation plan.
Your customer wants the worksheets to be approved by different people other than the hierarchy determined for the plan.
How should you accomplish this? (Choose the best answer.)

A) Create an alternate position approval hierarchy that overrides the plan hierarchy.
B) Create an alternate manager approval hierarchy and replace the plan hierarchy with the created alternate hierarchy.
C) Have the customer change the business process because you cannot have different approval hierarchies for the plan and the worksheet.
D) Create an alternate manager approval hierarchy that overrides the plan hierarchy.


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

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


5. As an implementation consultant, you are required to create an element for capturing the bonus awarded in the compensation cycle. Which two statements are correct regarding the input values ofthe element created?
(Choose two.)

A) You must manually mark the Amount input value as the primary input value in the Special Purpose field.
B) It is possible to link the same element but different input values to different components oroptions within the same compensation plan.
C) Element entries are created for all the input values of the element.
D) The automatically created Amount input value is identified as the primary input value.
E) No additional configuration is required to attach this element to the workforce compensation plan component.


Solutions:

Question # 1
Answer: B
Question # 2
Answer: C
Question # 3
Answer: A
Question # 4
Answer: A,B,C,E,G
Question # 5
Answer: D,E

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