Exam Name: Oracle Compensation Cloud 2019 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Global Human Resources Cloud
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Oracle 1Z0-1049 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Base Pay | 20% | - Set up grade rates and salary ranges - Manage salary range differentials - Configure progression grade ladders - Explain salary basis and components |
| Topic 2: Total Compensation Statements | 15% | - Configure compensation items - Define statement structure and categories - Generate and manage statements |
| Topic 3: Individual Compensation | 20% | - Configure individual compensation plans - Manage compensation history and contributions - Set up approvals and variable allocations |
| Topic 4: Elements, Balances, and Formulas | 15% | - Configure fast formulas - Manage balances and formula usage - Define elements and eligibility |
| Topic 5: Workforce Compensation Plans and Batch Processes | 10% | - Validate and test compensation plans - Execute batch processes and transfers - Administer plan lifecycle |
| Topic 6: Workforce Compensation | 20% | - Set up access, ratings and approvals - Configure worksheets, budgets and models - Design compensation plans and cycles |
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Oracle points candidates toward these official training options:
Combine a course that fits your schedule with regular question practice for the steadiest progress.
Oracle sets the following prerequisites for the Oracle Compensation Cloud 2019 Implementation Essentials: No mandatory prerequisites; recommended hands-on experience with Oracle HCM Cloud.
Confirm the current requirements on the official certification page before booking.
The Oracle Compensation Cloud 2019 Implementation Essentials blueprint is organized into these main domains:
- Total Compensation Statements (15%)
- Workforce Compensation (20%)
- Base Pay (20%)
Further domains complete the official outline, and our question bank spans all of them.
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According to the latest exam information, the 1Z0-1049 exam contains 70 questions and runs for 120 minutes minutes. Timing yourself during practice sessions is a smart habit — pacing problems sink more candidates than knowledge gaps.
At present, the passing score for the 1Z0-1049 exam is 65% and the registration fee is $245 USD. Both figures are set by Oracle and can change, so double-check them on the official site when you register.
Oracle Compensation Cloud 2019 Implementation Essentials Sample Questions:
What are the two correct options with respect to budgeting when the salary has multiple components? (Choose two.)
- A. Multiple components can have a single budget.
- B. Budgets can be separate for each component.
- C. Budgets cannot be separate for each component.
- D. Multiple components cannot have a single budget.
Correct Answer: A,B 🗳️
Explanation: Only visible for TestKingFree members. You can sign-up / login (it's free).
An organization provides compensation such as salary and bonus earnings for its workers. It also tracks commissions and company-paid taxes for them.
Which two statements are true when configuring the items? (Choose two.)
- A. Payroll Balance will require you to specify the Legislative Data Group as the Additional Data Entry.
- B. Element Entry will require you to specify the Legislative Data Group as the Additional Data Entry.
- C. Formula will require you to specify the Legislative Data Group as the Additional Data Entry.
- D. Benefit Balance will require you to specify the Legislative Data Group as the Additional Data Entry.
Correct Answer: A,C 🗳️
As an implementation consultant, you want to override the currency on the item definition. The United States Dollar currency is currently specified on it. This needs to be overridden to the Indian Rupee. What are the two approaches that you should use to override the currency of the compensation item from the United States Dollar to the Indian Rupee? (Choose two.)
- A. Define a Category that includes the item and has currency defined as the Indian Rupee.
- B. Define a Compensation Statement Definition that includes the item and has currency defined as the Indian Rupee.
- C. Define the source type as Benefit Balance, which has currency specified in the Indian Rupee.
- D. Define a formula that retrieves compensation and specifies currency as the Indian Rupee.
Correct Answer: C 🗳️
A compensation administrator has set up a Workforce Compensation Plan with Budget Pools. Manager Level Budgeting is enabled for the pool and default budget values have been configured for the following columns on the Configure Budget Page Layout page:
* Budget Distribution Amount or Budget Distribution Percentage columns on the Detail Table tab
* Budget Amount or Budget Percentage columns on the Summary Columns tab To distribute the budgets automatically, the compensation administrator should run __________. (Choose the best answer.)
- A. the Start Compensation Cycle process
- B. the Validate Plan Setup process
- C. the Refresh Data process
- D. the Start Compensation Cycle process. After this, the Administrator should create a model to distribute the budgets.
Correct Answer: D 🗳️
Which two methods can be used by the compensation administrator to publish budgets? (Choose two.)
- A. Publish budgets automatically by running the Build Model process.
- B. Copy budget amounts from a previous cycle.
- C. Use a model to distribute budgets.
- D. Publish budgets manually.
Correct Answer: C,D 🗳️
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