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  • Exam Code: 1Z0-1049-21
  • Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials
  • Updated: Jul 21, 2026
  • Q & A: 180 Questions and Answers
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  • Exam Code: 1Z0-1049-21
  • Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials
  • Updated: Jul 21, 2026
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Oracle 1Z0-1049-21 Exam Syllabus Topics:

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

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. You are configuring a plan cycle date that should be visible to managers on the Approvals tab so that they can submit their worksheets before that date. But you do not want toenforce the date because you want the managers to be able to submit their worksheets even after the date is past. Which date should you use?
(Choose the best answer.)

A) evaluation period start and end dates
B) currency conversion date
C) HR extraction date
D) default date due
E) worksheet update start and end dates


2. A corporation is implementing Oracle Fusion Workforce Compensation and needs toset up compensation history.
Identify the three correct options regarding the various compensations shown in the history. (Choose three.)

A) Compensation history shows one-time payments in other compensation and allowances paid regularly in recruiting payments.
B) Compensation history displays six categories of compensation.
C) Compensation history automatically retrieves salary and stock-related information. The Recruiting payments and other categories have to be added manually.
D) The summary in the compensation history shows the data for only five years.


3. How would you control the task of determining if a person is eligible for a compensation plan? (Choose the best answer.)

A) through element eligibility only, never with eligibility profiles
B) either with eligibility profiles or through element eligibility
C) with the eligibility profiles, never through element eligibility
D) a mix of element eligibility and eligibility profiles


4. As an implementation consultant, you are required to define the total compensation statement. You are creating the statement definitions for your compensation statement.
Which three statements are true about the statement definitions? (Choose three.)

A) Compensation items with sources belonging to different legal employers cannot be added.
B) Multiple legal employers, multiple countries, and multiple currencies cannot be included in one statement.
C) The statement definition consists of compensation items added to compensation categories.
D) The statement definition acts as a template and determines the layout and content of the generated statement.
E) Edits to compensation categories affect all statement definitions that use that category.
F) Reusing statement definitions by creating new statement periods and then modifying the definition for subsequent periods is not possible.


5. Per your client's policy on eligibility for a compensation revision cycle, employees who are in a notice period are not eligible. A particular manager is currently in a notice period, but his direct reports are still eligible for the compensation cycle. You observe that the system allows that manager to administer compensation for his direct reports.
You research this and find out that manager is still allowed to carry out the compensation allocation because his Eligibility Status is _________. (Choose the best answer.)

A) Eligible
B) Provisional
C) Limited
D) Restricted
E) Ineligible


Solutions:

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

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