Study with Oracle : 1Z0-1049-21 Exam Torrent as your best preparation materials
Last Updated: Oct 17, 2026
No. of Questions: 180 Questions & Answers with Testing Engine
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In 2026, passing 1Z0-1049-21 can lead straight to the next credential, and SurePassExams rewards that ambition: pass your exam, come back for another subject, and a discount is waiting on your next Oracle Compensation Cloud 2021 Implementation Essentials purchase.
Oracle 1Z0-1049-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Compensation Foundation | - Compensation Components Setup
|
| Compensation Analytics and Reporting | - Workforce Compensation Reports - Compensation Analytics - Audit and Monitoring |
| Base Pay | - Salary Administration
|
| Individual Compensation | - Awards and Compensation Management
|
| Elements, Balances, and Formulas | - Manage Balances - Define Elements - Write Fast Formulas |
| Workforce Compensation Plans | - Plan Configuration
|
| Total Compensation Statements | - Statement Configuration
|
| Workforce Compensation Processing | - Compensation Cycle Management
|
1Z0-1049-21 Exam Details, Version Policy and Customer Perks
- Compensation Foundation ()
- Individual Compensation ()
- Elements, Balances, and Formulas ()
Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for the same. Which four source types are available for selection while creating a compensation item for the total compensation statement? (Choose four.)
- A. Element Entry
- B. Benefit Balance
- C. Formula
- D. Input Value
- E. Payroll Balance
- F. Deduction Range
Correct Answer: A,B,C,E 🗳️
A corporation has implemented Oracle Fusion Workforce Compensation for a manufacturing client. Which is the building block used in the calculation of deductions and exemptions? (Choose the best answer.)
- A. Deduction range group
- B. Deduction range Values
- C. Deduction overrides
- D. Deduction ranges
Correct Answer: D 🗳️
A corporation started giving performance bonuses to eligible employees on a monthly basis. As a compensation administrator, you are required to display performance bonuses withsimilar or related compensation items.
How will you configure this requirement in the Fusion application? (Choose the best answer.)
- A. Attach performance bonuses to similar elements.
- B. Attach performance bonuses to similar compensation categories/subcategories.
- C. Attach performance bonuses to similar sources.
- D. Attach performance bonuses to similar compensation items.
Correct Answer: B 🗳️
When initiating an award, what is correct regarding possible workflow tasks? (Choose the best answer.)
- A. You must use VariableAllocationTask and edit the rules if using only for notification.
- B. You may use either VariableAllocationTask and VarialbeAllocationFYITask
- C. You must use VariableAllocationTaskand not VariableAllocationFYITask.
- D. You must use VariableAllocationFYITask and not VariableAllocationTask.
Correct Answer: D 🗳️
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 when a manager's total eligible salary changes, such as when workers are reassigned.
- B. The published amounts stay with the manager when workers are reassigned or their eligibility changes.
- C. The published budgets is always a percentage of the total budget pool.
- D. The published budgets change whena manager's total eligible salary changes, such as when workers eligibility changes.
Correct Answer: B 🗳️
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