Oracle 1Z0-1049-21 Actual Free Exam Questions & Community Discussion

Exam Code/Number: 1Z0-1049-21
Exam Name/Title: Oracle Compensation Cloud 2021 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Workforce Rewards Cloud

Exam Questions: 180
Updated On: Aug 20, 2026

Question #9

You are responsible for configuring variable allocations to manage approvals for individual compensation plans. Your company wants to control plan availability by using defaults. What are the default attributes of the actionable Variable Allocation task? (Choose the best answer.)

A. The task applies to all allocations, uses two levels of the Supervisory list builder, and does not require a response from the current approver.

B. The task applies to all allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver.

C. The task applies to selected allocations, usestwo levels of the Supervisory list builder, and requires a response from the current approver.

D. The task is only for notification and has no rules.

Discussion 0

Correct Answer: C Vote an answer

Question #10

A corporation is implementing Oracle Fusion Workforce Compensation and must set up compensation history.
Identify the three correct options regarding the salary component. (Choose three.)

A. The base rate shown in the salary section is the average of the pay rate for the entire year.

B. The base rate shown in the salary section is the most recent pay rate.

C. The growth rate shown in the details shows both cumulative and average annual salary growth rates.

D. The base rate shown in the previous years is the pay rate on 31 December of each year.

Discussion 0

Correct Answer: B,C,D Vote an answer

Question #11

Identify the two valid formula types applicable for Workforce Compensation Plans. (Choose two.)

A. Compensation CurrencySelection

B. Compensation Organization Selection

C. Compensation amounts Selection

D. Compensation Person Selection

E. Compensation Item Selection

Discussion 0

Correct Answer: C,E Vote an answer

Question #12

An administrator of a corporation needs to view a worker's salary basis, change it, view the salary history, and do a graphical analysis of changes made to the salary. However, the administrator is not able to do these things.
Identify the three correct roles that will give the administrator access to complete the process. (Choose three.)

A. Compensation Manager

B. HR Specialist

C. Line Manager

D. Expenses Manager

Discussion 0

Correct Answer: A,B,C Vote an answer

Question #13

Which item is false regarding plan access? (Choose the best answer.)

A. A compensation administrator's general access can be overridden using roles.

B. A compensation administrator's general access cannot be overridden.

C. Compensation administrators have access to all plan configuration tasks for all plans.

D. Compensation managers have access to the budget sheet and worksheets for all plans and employee administration tasks.

Discussion 0

Correct Answer: B Vote an answer

Question #14

You are configuring a work-administered individual compensation plan where your workers can enroll in the plan anytime during the year, but can discontinue their contributions only in the month of March each year.
How should you achieve this? (Choose the best answer.)

A. Make the plan available for all actions in the list with access level for each action Always allowed.

B. Select specific HR actions such as transfer, promotion, and new hire for the plan with access level for each action allowed during a specific period.

C. Do not select any additional actionsother than Manage Contributions with access level for each action as Create: Always allowed; Update: Never allowed; Discontinuing: Allowed during a specified period.

D. Do not select any additional actions other than Manage Contributions with access level as Create:
Always allowed; Update: Allowed during a specified period; Discontinuing: Never allowed.

Discussion 0

Correct Answer: C Vote an answer

Question #15

While validating the Workforce Compensation Plan Setup, the compensation administrator encounters the following Warning: "At least one column that adjusts salary is enabled but no components to be posted assalary are selected." What should the compensation administrator do to eliminate this warning? (Choose the best answer.)

A. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Percentage of Eligible Salary Column Properties, add an Element.

B. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and enable Eligible Salary.

C. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab andenable Compensation Amount.

D. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Eligible SalaryColumn Properties, select Yes for Post as Salary.

E. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Compensation Amount Column Properties, select Yes for Post as Salary.

Discussion 0

Correct Answer: E Vote an answer

Question #16

The Budget Pool Storage Method selected is "Amount." Oneof the line managers in the organization has twenty employees reporting to him. One of the employees leaves the organization during the compensation cycle.
What will be the effect on the budget allocated to the Line Manager? (Choose the best answer.)

A. The published budgets change whena manager's total eligible salary changes, such as when workers eligibility changes.

B. The published amounts stay with the manager when workers are reassigned or their eligibility changes.

C. The published budgets change when a manager's total eligible salary changes, such as when workers are reassigned.

D. The published budgets is always a percentage of the total budget pool.

Discussion 0

Correct Answer: B Vote an answer

Download Free Oracle 1Z0-1049-21 Demo

Simply submit your e-mail address below to get started with our free demo of your Oracle 1Z0-1049-21 exam.