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Download Oracle : 1Z0-1049-21 Questions & Answers as PDF & Test Software

Last Updated: Aug 06, 2026

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Oracle 1Z0-1049-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Workforce Compensation Processing- Compensation Cycle Management
  • 1. Plan Validation
    • 2. Refresh and Publish Data
      • 3. Transfer Data to HR
        • 4. Batch Processes
          Topic 2: Individual Compensation- Awards and Compensation Management
          • 1. Individual Compensation Plans
            • 2. Spot Bonuses
              • 3. Compensation History
                Topic 3: Total Compensation Statements- Statement Configuration
                • 1. Generate Statements
                  • 2. Display Components
                    • 3. Statement Definitions
                      Topic 4: Compensation Analytics and Reporting- Compensation Analytics
                      - Workforce Compensation Reports
                      - Audit and Monitoring
                      Topic 5: Compensation Foundation- Compensation Components Setup
                      • 1. Compensation Objects
                        • 2. Eligibility Profiles
                          • 3. Compensation Categories
                            Topic 6: Base Pay- Salary Administration
                            • 1. Compensation Zones
                              • 2. Manage Base Pay
                                • 3. Salary Basis
                                  • 4. Salary Components
                                    • 5. Grade Rates
                                      Topic 7: Elements, Balances, and Formulas- Manage Balances
                                      - Define Elements
                                      - Write Fast Formulas
                                      Topic 8: Workforce Compensation Plans- Plan Configuration
                                      • 1. Budget Setup
                                        • 2. Plan Access
                                          • 3. Column and Component Design
                                            • 4. Worksheet Configuration

                                              Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

                                              1. Which two statements are true about Base Pay? (Choose two.)

                                              A) You enter a salary basis for each worker that becomes the worker's Base Pay earnings.
                                              B) For BasePay earnings elements, eligibility is determined by the deduction basis that is assigned to the worker.
                                              C) You attach a single earnings element to each salary basis to hold Base Pay earnings, and assign a salary basis to each worker to calculate Base Pay.
                                              D) For Base Pay earnings elements, eligibility is determined by the salary basis that is assigned to the worker.
                                              E) You attach elements at various levels in the Salary object hierarchy to create deductions and earnings that can be processed in a payroll run to calculate Base Pay.


                                              2. While working on a budget sheet or a compensation worksheet, a manager chooses to use the "Export to Excel workbook" option to do his or her work. Which four of the following steps wouldhe or she need to perform upon clicking the "Export to Excel workbook" option and prior to finalizing his or her proposal and submitting it for approval? (Choose four.)

                                              A) Filter the editsand upload only the edited fields.
                                              B) Resolve errors created by the uploaded file.
                                              C) Download and authenticate workbooks.
                                              D) Repeat the steps as many times asnecessary to accommodate the revisions.
                                              E) Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
                                              F) Edit the workbook data.


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

                                              A) 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).
                                              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.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).


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

                                              A) Compensation Organization Selection
                                              B) Compensation CurrencySelection
                                              C) Compensation Item Selection
                                              D) Compensation Person Selection
                                              E) Compensation amounts Selection


                                              5. A worker complains to the Human Resources department that the total amount does not add up to the amount of salary received in the bank. The department informs the worker that certain items that are shown in theCompensation Statement do not comprise the actual amount paid. The department now wants to make the statement more relevant to workers to avoid such situations.
                                              What should you do to accommodate this requirement? (Choose the best answer.)

                                              A) For each item, specify the Excluded from Gross amount option to indicate that this compensation is not the actual amount paid.
                                              B) For each item, specify the Indicative amount option to indicate that this compensation is not the actual amount paid.
                                              C) For each item, specify the Unpaid amount option to indicate that tis compensation is not the actual amount paid.
                                              D) For each item, specify the Estimated amount option to indicate that this compensation is not the actual amount paid.


                                              Solutions:

                                              Question # 1
                                              Answer: C,D
                                              Question # 2
                                              Answer: A,B,C,E
                                              Question # 3
                                              Answer: D
                                              Question # 4
                                              Answer: C,E
                                              Question # 5
                                              Answer: D

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