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

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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. As an implementation consultant, you have defined a total compensation statement. You have defined three compensation items (a new hire bonus, a profit sharingbonus, and a quarterly bonus), which are attached to the bonus category. You no longer need the quarterly bonus item but you are unable to delete it.
Which statement is true for the given scenario? (Choose the best answer.)

A) Before deleting the item, you must configure a zerovalue behavior for the item.
B) More than one administrator might be using the item and, therefore, it cannot be deleted.
C) The above scenario does not stand true as the item can be deleted.
D) The item cannot be deleted,because it is attached to a category.

2. As a compensation executive, you are required to upload stock data sent by a vendor of a corporation into the Fusion application.
Which option is the correct method to do so? (Choose the best answer.)

A) Manage Stock Grants >> Prepare Import Spreadsheet
B) Manage Stock Grants >> Import Items
C) Manage Stock Grants >> Import Category
D) Manage Stock Grants >> Import Source

3. A corporation has set up an individual compensation plan for a contribution. This contribution needs an approval hierarchy to be set up.
Identify the four correct optionsregarding approval setup. (Choose four.)

A) The notifications sent to the approvers can be made actionable.
B) Reminders can be set for a fixed duration either before expiration or after assignment.
C) Approvals can be set up to be completed when one of the approvers takes an action such as Approve or Reject.
D) Task attachments cannot be sent using email notifications.
E) Expiry, Escalation, and renew settings are possible for notifications.

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

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

Solutions: