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

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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A corporation implementedFusion Compensation and wants to validate the salaries with the setup. Select the two options that are true about validation setup. (Choose two.)

A) Using grade rate validation, a warning message can be generated when the new or adjusted salary is outsidethe range of salary configured in the grade rate attached to the salary basis.
B) Using either a formula at the element level or criteria at the element link level, a warning message can be generated when a new or adjusted salary does not pass the configured validation.
C) Using grade rate validation, approval can be prevented when the new or adjusted salary is outside the range of salary configured in the grade rate attached to salary basis.
D) Using either a formula at the element level or criteria at the element link level, approval can be prevented when the new or adjusted salary does not pass the configured validation.

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

3. 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 payroll element with multiple plans and options.
B) You can associate each option with the same payroll element and input value.
C) You can associate each payroll element with one option but with multiple plans.
D) You can associate each option with only one payroll element and input value.
E) You can associate each payroll element with only one plan and option.

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

5. After the compensation plan was configured, the Validate Plan Setup process was run successfully with no warnings or errors. However, when the worksheet is accessed by a Line Manager, the Line Manager notices that employees who are ineligible are also visible in the worksheet despite running the Validate Plan Setup process.
What is the reason for this?(Choose the best answer.)

A) The compensation administrator did not run the Validate Plan Setup process and run the Start Compensation Cycle process instead.
B) The Validate PlanSetup process failed to report errors from the eligibility profiles.
C) The Validate Plan Setup process does not validate eligibility profiles.
D) The Validate Plan Setup process showed a warning about errors on the eligibility profiles, which was ignored by the compensation administrator.

Solutions: