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

1Z0-1049-21
  • Exam Code: 1Z0-1049-21
  • Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials
  • Updated: Aug 01, 2026
  • Q & A: 180 Questions and Answers

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Oracle 1Z0-1049-21 Exam Syllabus Topics:

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

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. As a Fusion implementation consultant, you are configuring Fusion HCM Compensation Management module for a manufacturing client. Which three statements are correct in relation to compensation statement display options? (Choose three.)

A) You cannot hide regions for graphs or descriptions at the statement definition setup level.
B) You cannot exclude a category from the statement summary at the category setup level.
C) You can configure display of zero values.
D) You cannot include and hide the welcome message at the statement definition setuplevel.
E) You can hide or show the estimated amount indicator at the category setup level.
F) You can hide table columns.


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


3. While configuring the Budget page, you are setting the properties of the Job column.
Which two sectionsare available in the properties for the Job column? (Choose two.)

A) Legal Employer
B) Default Value
C) General
D) Information


4. A corporation started giving performance bonuses to eligible employees on a monthly basis. As a compensation administrator, you are required to display performance bonuses withsimilar or related compensation items.
How will you configure this requirement in the Fusion application? (Choose the best answer.)

A) Attach performance bonuses to similar compensation categories/subcategories.
B) Attach performance bonuses to similar sources.
C) Attach performance bonuses to similar compensation items.
D) Attach performance bonuses to similar elements.


5. A corporation has generated total compensation statements and allworkers received their total compensation statements. As a compensation executive, you realize that some corrections are needed in the generated statements.
Which corrective action will you take? (Choose the best answer.)

A) Ignore any corrective action.
B) Edit "Statement Definition," make the required corrections, and regenerate the total compensation statements as a newer version.
C) Start manual changes in each worker's total compensation statement.
D) Educate the workers that corrections are not possible after the total compensation statements have been generated.


Solutions:

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

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