Prepare with latest Oracle 1Z0-1049-21 Pass-King Actual Torrent
Updated: Aug 29, 2026
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Oracle 1Z0-1049-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Elements, Balances, and Formulas | - Manage Balances - Write Fast Formulas - Define Elements |
| Compensation Analytics and Reporting | - Compensation Analytics - Audit and Monitoring - Workforce Compensation Reports |
| Total Compensation Statements | - Statement Configuration
|
| Individual Compensation | - Awards and Compensation Management
|
| Compensation Foundation | - Compensation Components Setup
|
| Workforce Compensation Processing | - Compensation Cycle Management
|
| Workforce Compensation Plans | - Plan Configuration
|
| Base Pay | - Salary Administration
|
Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
Question 1
You client has a requirement that allows a salary adjustment based on the numberof dependents the employee has, and this allowance must be mapped to a separate component. Because this allowance cannot have a logical mapping with any of the predefined components, you decide to create a new salary component called
"Family Allowance".
Which option would you use to achieve this? (Choose the best answer.)
A. The Salary Component Lookup
B. It is not possible to achieve this, because only the delivered salary components can be used.
C. The Configure Compensation Component task in Manage plans
D. The Compensation Models
Question 2
When a manager clicks the "Prepare in workbook" option, while processing compensation changes, what population would she or he see in the exported Excel spreadsheet? (Choose the best answer.)
A. Worksheet population
B. Entire organization's population under that manager
C. The filtered population
D. Direct Reports
E. Budget sheet population
Question 3
A corporation is implementing Oracle Fusion Workforce Compensation. Different currencies are set at the Legislative Data Group level, the Organization payment level, the Bank account level, and the payroll element level.
The currency shown whileconfiguring salary basis comes from which level? (Choose the best answer.)
A. From the Legislative Data Group level, because that is the highest level in the hierarchy.
B. From the Bank account level
C. From the Organization payment level,because the compensation is finally paid through this
D. From the input value of the payroll element
Question 4
A corporation needs to set up a compensation plan for a Housing allowance that will allow the company to grant these allowances to only employees above a particular role.
Identify the option that indicates the correct way of implementing it. (Choose the best answer.)
A. Set up role-based security to the individual compensationwork area so that only managers are allowed.
B. Set up access restrictions to the individual compensation plan using the correct HR action so that it can be added only to the specific roles.
C. They payroll administrator must add the element to the employees in the specified roles, because this cannot be achieved through configuration.
D. Set up a salary basis and restrict the eligibility to the required roles.
Question 5
As an implementation consultant, you have defined a total compensation statement. From a security perspective, you are required to identify a key user who will have access to view the total compensation statement.
Which role is mandatory to view the compensation statement? (Choose the best answer.)
A. Compensation Executive
B. Compensation Specialist
C. Compensation Manager
D. Compensation Analyst
Solutions:
| Question 1 Answer: A | Question 2 Answer: A | Question 3 Answer: A | Question 4 Answer: C | Question 5 Answer: D |
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