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Updated: Sep 01, 2026
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Oracle 1Z0-1049-21 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Compensation Cloud 2021 Implementation Essentials |
| Exam Number: | 1Z0-1049-21 |
| Related Certifications: | Oracle HCM Cloud Compensation |
| Exam Format: | Multiple Choice, Multiple Response |
| Exam Duration: | 90 minutes |
| Available Languages: | English |
| Sample Questions: | Oracle 1Z0-1049-21 Sample Questions |
| Exam Way: | Online proctored or testing center-based exam |
| Pre Condition: | No formal prerequisites; familiarity with Oracle HCM Cloud and compensation processes is recommended |
Oracle 1Z0-1049-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Budgeting and Workforce Compensation | - Budget Allocation Methods - Manager Budget Distribution |
| Worksheet Management | - Manager and Employee Interaction - Worksheet Configuration and Fields |
| Compensation Plans and Cycles | - Plan Design and Eligibility Rules - Cycle Setup and Administration |
| Setup and Configuration | - Basic Compensation Configuration - Enterprise Structures and Security Setup |
| Reporting and Analytics | - Dashboards and Metrics - Standard Compensation Reports |
| Implementation and Maintenance | - Deployment Considerations - System Maintenance and Updates |
| Compensation Cloud Overview | - Core Concepts of Workforce Compensation - Key Features and Business Use Cases |
| Approvals and Security | - Approval Workflow Configuration - Role-Based Access Control |
Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
Question 1
Per your client's policy on eligibility for a compensation revision cycle, employees who are in a notice period are not eligible. A particular manager is currently in a notice period, but his direct reports are still eligible for the compensation cycle. You observe that the system allows that manager to administer compensation for his direct reports.
You research this and find out that manager is still allowed to carry out the compensation allocation because his Eligibility Status is _________. (Choose the best answer.)
A. Ineligible
B. Restricted
C. Limited
D. Eligible
E. Provisional
Question 2
If you enable Performance Ratings and rate workers within WorkforceCompensation, which two statements are true? (Choose two.)
A. Managers can rate workers as they allocate compensation.
B. You can display compensation ratings given in the previous plan cycle as a column in the worksheet.
C. The ratings are transferred to the Performance Management system or toHR.
D. These ratings are used across compensation plan and cycles.
Question 3
A corporation has implemented Oracle Fusion Workforce Compensation. The requirement is that Bonus Amount should be given only to the Full-Time Assignment categoryemployees who work on weekly payroll.
Additionally, the costing information must be transferred to General Ledger.
Which implementation approach is correct for creating the required element? (Choose the best answer.)
A. creatingan auto-indirect rule and setting up costing information at the auto-indirect level
B. creating an input value and setting up costing information at the input value level
C. creating an element eligibility link and setting up costing information at the link level
D. creating status processing rules and setting up costing information at the status processing level
Question 4
While implementing, you are grouping compensation items and categories for displaying them together.
Therefore, when planning how to group compensation items and categories, you must considerwhich three options? (Choose three.)
A. Category Type
B. Level of detail
C. Statement definitions
D. Contribution Type and Unit of Measure
E. Compensation Items
F. Category Detail
Question 5
Your customer has standard working hours = 40 hours per week. An employee has the following salary basis setup:
* Working hours = 32 hours per week
* Base pay = 20 USD per hour
What will be the employee's Annual Salary and Annualized full-time salary? (Choose the bestanswer.)
A. Annual Salary = 32280, Annualization Salary = 41600
B. Annual Salary = 41600, Annualization Salary = 41600
C. Annual Salary = 52000, Annualization Salary = 41600
D. Annual Salary = 32280, Annualization Salary = 52000
Solutions:
| Question 1 Answer: B | Question 2 Answer: A,B | Question 3 Answer: C | Question 4 Answer: A,B,D | Question 5 Answer: B |
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