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

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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. Payroll statutory unit deduction card. 3. Tax reporting 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. 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).
D) 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).

2. You have created a total compensation statement. However, you are not able to see one of the categories in the summary section on the left pane. What is the reason for this? (Choose the best answer.)

A) The category does not have a graph defined in it.
B) The category has been added as a subcategory.
C) The category does not have employee contribution.
D) The category does not have employer contribution.

3. 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) Entire organization's population under that manager
B) Worksheet population
C) Direct Reports
D) Budget sheet population
E) The filtered population

4. Your client has a requirement where work-at-home assignments are not eligible for an employee compensation revision cycle. To facilitate capturing work-at-home assignment, you have created a custom column and associated a List of Values (LOV) with values "Yes" and "No". Now you wish to create an eligibility profile around this. Which is the correct option? (Choose the best answer.)

A) User-defined-criteria-based eligibility profile on "Work-at-home" and value = "Yes" with exclude option selected
B) User-defined-criteria-based eligibility profile on "Work-at-home" and value = "Yes" with exclude option deselected
C) User-defined-criteria-based eligibility profile on "Work-at-home" and value = "No" with exclude option selected
D) Derived-factor-based eligibility profile based on the "Work-at-home" column

5. As an implementation consultant, you want to override the currency on the item definition. The United States Dollar currency iscurrently specified on it. This needs to be overridden to the Indian Rupee. What are the two approaches that you should use to override the currency of the compensation item from the United States Dollar to the Indian Rupee? (Choose two.)

A) Define a Category that includes the item and has currency defined as the IndianRupee.
B) Define a Compensation Statement Definition that includes the item and has currency defined as the Indian Rupee.
C) Define the source type as Benefit Balance, which has currency specified in the Indian Rupee.
D) Define a formula that retrieves compensation and specifies currency as the Indian Rupee.

Solutions: