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

Exam Code: 1Z0-1049-21

Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials

Updated: Aug 06, 2026

Q & A: 180 Questions and Answers

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Oracle 1Z0-1049-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Budgeting and Workforce Compensation- Manager Budget Distribution
- Budget Allocation Methods
Topic 2: Approvals and Security- Role-Based Access Control
- Approval Workflow Configuration
Topic 3: Worksheet Management- Worksheet Configuration and Fields
- Manager and Employee Interaction
Topic 4: Reporting and Analytics- Standard Compensation Reports
- Dashboards and Metrics
Topic 5: Compensation Cloud Overview- Key Features and Business Use Cases
- Core Concepts of Workforce Compensation
Topic 6: Implementation and Maintenance- System Maintenance and Updates
- Deployment Considerations
Topic 7: Setup and Configuration- Basic Compensation Configuration
- Enterprise Structures and Security Setup
Topic 8: Compensation Plans and Cycles- Plan Design and Eligibility Rules
- Cycle Setup and Administration

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

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


2. What additional action would yourecommend to your customer for worker-administered plans to control plan availability in addition to HR actions? (Choose the best answer.)

A) Manage Variable Allocations
B) Manage Individual Contribution
C) Allocate Workforce Compensation
D) Manage Worker Contributions
E) Manage Contributions


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


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

A) Compensation administrators have access to all plan configuration tasks for all plans.
B) A compensation administrator's general access cannot be overridden.
C) A compensation administrator's general access can be overridden using roles.
D) Compensation managers have access to the budget sheet and worksheets for all plans and employee administration tasks.


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


Solutions:

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

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