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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A worker complains to the Human Resources department that the total amount does not add up to the amount of salary received in the bank. The department informs the worker that certain items that are shown in theCompensation Statement do not comprise the actual amount paid. The department now wants to make the statement more relevant to workers to avoid such situations.
What should you do to accommodate this requirement? (Choose the best answer.)

A) For each item, specify the Excluded from Gross amount option to indicate that this compensation is not the actual amount paid.
B) For each item, specify the Estimated amount option to indicate that this compensation is not the actual amount paid.
C) For each item, specify the Indicative amount option to indicate that this compensation is not the actual amount paid.
D) For each item, specify the Unpaid amount option to indicate that tis compensation is not the actual amount paid.

2. During the Compensation Review cycle for the year 2014-15, the manager processes his direct reports compensation changes per the model created by him. After making the changes in the worksheet, the manager submits the proposed changes to the next level manager in the hierarchy for approval. What will the Manager status appear as in the workforce compensation area? (Choose the best answer.)

A) Submitted
B) Processed
C) Work in Progress
D) In Approvals
E) Fully Approved

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

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

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

5. 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 one salary basis and one grade rate, and define different ranges for the salary basis at the employee level.
D) 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.

Solutions: