Download Oracle : 1Z0-1049-21 Questions & Answers as PDF & Test Software
Updated: Jun 04, 2026
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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
1. What is the relationship between Net Pay and Earnings? (Choose the best answer.)
A) Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings minus all the deductions calculated for the run.
B) Net Pay is a calculated balance that is standard earnings minus all the deductions calculated for the run.
C) Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings minus all the non-voluntary deductions calculated for the run.
D) Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings for the run.
2. The compensation administrator hasconfigured an Annual Salary Review plan that is linked to the performance of employees so that the annual increment amount is based on the rating that an employee has received in the performance evaluation. The percentages are fixed for each of the ratingsby using the dynamic column. All the managers have completed updating the worksheet and the information has been transferred to HR by running the Transfer Workforce Compensation Data to HR process.
After this, the compensation administrator realizes thatthe increment percentages for each of the ratings used in the dynamic column were incorrect. Now each of these incorrect salary records should be deleted and new correct salary record entries should be made for the employees in Manage Salary.
How shouldyou accomplish this? (Choose the best answer.)
A) Change the plan status to Inactivate and create a new compensation plan with correct percentage increase for each of the ratings.
B) Correct the percentage increase for each of the ratings, run the RefreshWorkforce Compensation Data process, and return the same compensation plan.
C) Run the Back Out Workforce Compensation Data process, correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Data process, and rerun the same compensation plan.
D) Run the Back Out Workforce Compensation Data process, run the Refresh Workforce Compensation Data process, return the same compensation plan, and then transfer the data to HR.
E) Run the Back Out Workforce Compensation Data process, correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Data process, and rerun the same compensation plan. Finally transfer the data to HR.
3. Which two tasks are true aboutcomponents in worksheet configurations? (Choose two.)
A) Each component has to be of a separate type, such as salary or bonus.
B) You can create up to five components to represent the different types of compensation that you want to award within a plan.
C) There is the flexibility to add any number of components within a compensation plan.
D) Plans must have at least one component if awarding compensation.
4. You are responsible forconfiguring an individual compensation plan with multiple options. Which two statements are true about the plan options? (Choose two.)
A) You can associate each option with the same payroll element and input value.
B) You can associate each option with only one payroll element and input value.
C) You can associate each payroll element with only one plan and option.
D) You can associate each payroll element with multiple plans and options.
E) You can associate each payroll element with one option but with multiple plans.
5. While configuring the Budget page, you are setting the properties of the Job column.
Which two sectionsare available in the properties for the Job column? (Choose two.)
A) Legal Employer
B) Information
C) Default Value
D) General
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: B,D | Question # 4 Answer: B,D | Question # 5 Answer: C,D |
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