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

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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. 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 Category
C) Manage Stock Grants >> Import Source
D) Manage Stock Grants >> Import Items

2. A corporation has implemented Oracle Fusion Workforce Compensation. The consultant must now create an element eligibility link for an Earnings element.
While creating the element eligibility link, whichthree options can be set up in the element eligibility work area? (Choose three.)

A) costing
B) status processing rules
C) retroactive components
D) general information
E) input values
F) auto indirect rules

3. What happens if eligibility requirements aredifferent for components than they are for a plan? (Choose the best answer.)

A) Plan-level eligibility is ignored and a warning is reported.
B) This is not possible. Component-level eligibility is always identical to plan-level eligibility.
C) Plan-level eligibility is evaluated before component-level eligibility.
D) Component-level eligibility isevaluated before plan-level eligibility.
E) Component-level eligibility is ignored and a warning is reported.

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

5. A corporation is implementing Oracle Fusion Workforce Compensation and needs to give a spot bonus for a new hireas well as give the same for special recognition for employees.
Identify the correct option that will enable the organization to achieve the desired results. (Choose the best answer.)

A) Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire", this bonus can be added. Also add "Manage Individual Compensation," which will enable Managers to add it to reportees.
B) Configure the spot bonus as an individual compensation plan andadd "Hire" as an action. Then, after an employee is hired, this plan can be added to employees anytime.
C) Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire," this bonus can be added. Also add "Manage Contributions," which will enable managers to add it to reportees.
D) Configure the spot bonus as an individual compensation plan and add "All" as an action so that this plan can be added to anyone at any time.

Solutions: