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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Which is the correct priority of deduction information from highest to lowest? (Choose the best answer.)

A) 1.Personal deduction card (payroll relationship level). 2. Tax reporting unit deduction card. 3. Payroll statutory unit deduction card. 4. Payroll deduction range values (legislative data group level).
B) 1.Personal deduction card (payroll relationship level). 2. Payroll deduction range values (legislative data group level) 4. Payroll statutory unit deduction card. 4. Tax reporting unit deduction card.
C) 1. Personal deduction card (payroll relationship level). 2. Payroll statutory unit deduction card. 3. Tax reporting unit deduction card. 4. Payroll deduction range values (legislative data group level).
D) 1. Payroll statutory unit deduction card. 2. Tax reporting unit deduction card. 3. Payroll deduction range values (legislative data group level) 4. Personal deduction card (payroll relationship level).

2. Performance Ratings are enabled in a compensationplan and a Rating Model is supposed to be created. Which two mandatory tasks are involved in creating the Rating Model? (Choose two.)

A) Review points with from and to points entered for the rating level.
B) Populate Rating Categories for all rating levels.
C) Create Target Distributions for each of the rating levels.
D) Create a Rating Level for the rating model.

3. Identify three correct statements about changes in an employee's compensation when the employee's FTE value changes in employment. (Choose three.)

A) If the salary record end date is 31-DEC-4712 (that is, the date is "blank" in the salary UI), the FTE value is fetched as of the current system date and Annual Salary and Annual FT Salary are calculated by using that value.
B) If the salary start date is after the current date (that is, it is a future-dated salary record), theFTE value is fetched as of the salary start date and Annual Salary and Annual FT Salary are calculated by using that value.
C) If the salary record has the end date before the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.
D) If the salary record end date is the same as the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.
E) If the salary record has the end date after the current date, FTE is fetched as of the salary end date and Annual Salary andAnnual FT Salary are calculated by using that value.

4. Identify the correct option regarding the Payroll element details in the compensation history setup. (Choose the best answer.)

A) Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated including the history category.
B) Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated excluding the history category.
C) Any payroll element can be added and all other details are auto-populated including the history category.
D) Any payroll element can be added and all other details are auto-populated excluding thehistory category.

5. The compensation plan that is implemented for your customer has a column that defaults based on a dynamic column. However, as per the customer's requirement, if the value in this column is manually updated in the worksheet by a manager, there should not be any further changes made to it automatically when the "Refresh Data" process is run. How can a compensation administrator achieve this? (Choose the best answer.)

A) by setting up the properties of the column as updatable only once
B) by deselecting the Change Worksheet Data triggering event in the dynamic column
C) by deselecting the Start Compensation Cycle triggering event in the dynamic column
D) by deselecting the Refresh Data triggering event in the dynamic column

Solutions: