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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question 1

You are an implementation consultant, and the client organization wants you to provide a solution for how not to display the welcome message in the total compensation statement.
What will your answer in this situation be? (Choose the best answer.)

A. Edit the "Do not display Welcome message" option in "Compensation Item."
B. Changing the welcome message is not possible.
C. Edit the "Do not display Welcome message" option in "Compensation Category."
D. Edit the "Do not display Welcome message" option in "Statement Definition."

Question 2

Performance ratings are enabled in the compensation plan. Which three statements are correct regarding performance ratings? (Choose three.)

A. You can allow managers to enter performance ratings during the compensation cycle to be used only in the compensation plan.
B. You cannot make completed performance document and corresponding ratings from Oracle Fusion Performance Management available to managers in the compensation worksheet.
C. Ifyou use performance ratings while allocating compensation, you can display the latest ratings to the managers during the compensation cycle.
D. You can allow managers to update the overall performance rating,overall goal rating, and overall competency rating in the compensation worksheet.

Question 3

You have configured acompensation plan to include ratings from the performance management system. For one particular division, the performance ratings have not been finalized and are shown as blank on the compensation worksheet. The manager updates the performance rating whileallocating compensation. What happens in this case? (Choose the best answer.)

A. The rating will be available to only the plan where it is updated.
B. The rating will be available inthe Performance document in the performance system.
C. The rating will be available to only the plans where the same manager is involved.
D. The rating will be available to all plans that are currently active.

Question 4

A compensation manager of a corporation is setting up a new salary basis for the employees.
Which statement is true about payroll elements set up for a salary basis? (Choose the best answer.)

A. Recruiting elements can be linked to multiple salary bases only if they are classified as earnings elements, and they need not be configured to allow multiple entries in the same period.
B. Multiple payroll elements can be attached a salary basis.
C. Recruiting elements can be linked to multiple salary bases only if they are classified as earnings elements and configured to allow multiple entries in the same period.
D. Payroll elements of any classification type can be attached to a salary basis.

Question 5

Your client's organization is a multi-country organization with headquarters in the US, and managers have direct reports in different countries.
In which three ways canthe compensation currency be displayed? (Choose three.)

A. Each employee's local currency
B. The corporate currency
C. Preferred currency
D. Only one currency can be displayed

Solutions: