Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Workforce Rewards Cloud
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Updated: Oct 13, 2026
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- Total Questions: 180
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- Total Questions: 180
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Oracle 1Z0-1049-21 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Compensation Cloud 2021 Implementation Essentials |
| Exam Number: | 1Z0-1049-21 |
| Exam Format: | Multiple Response, Multiple Choice |
| Available Languages: | English |
| Exam Duration: | 90 minutes |
| Related Certifications: | Oracle HCM Cloud Compensation |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored or testing center-based exam |
| Pre Condition: | No formal prerequisites; familiarity with Oracle HCM Cloud and compensation processes is recommended |
Oracle 1Z0-1049-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Reporting and Analytics | - Dashboards and Metrics - Standard Compensation Reports |
| Topic 2: Compensation Plans and Cycles | - Plan Design and Eligibility Rules - Cycle Setup and Administration |
| Topic 3: Setup and Configuration | - Basic Compensation Configuration - Enterprise Structures and Security Setup |
| Topic 4: Implementation and Maintenance | - Deployment Considerations - System Maintenance and Updates |
| Topic 5: Compensation Cloud Overview | - Core Concepts of Workforce Compensation - Key Features and Business Use Cases |
| Topic 6: Budgeting and Workforce Compensation | - Budget Allocation Methods - Manager Budget Distribution |
| Topic 7: Approvals and Security | - Approval Workflow Configuration - Role-Based Access Control |
| Topic 8: Worksheet Management | - Worksheet Configuration and Fields - Manager and Employee Interaction |
Questions and Answers About Oracle Compensation Cloud 2021 Implementation Essentials
Oracle University: Oracle Compensation Cloud 2021 Implementation Essentials Training: Visit official page
Oracle Certification Registration: register for 1Z0-1049-21
The package includes 180 practice questions for the 1Z0-1049-21 exam, all with verified answers. The same content is available in three formats, so you can switch freely.
The PDF reads on phones, tablets, and computers, and it prints cleanly for candidates who like marking notes on paper. The PC file is an interactive simulator that makes rehearsal engaging. The online file is the updated edition of the PC version: intelligent functions, real-test simulation, and no limit on installation devices. All three carry the same questions and answers.
No formal prerequisites; familiarity with Oracle HCM Cloud and compensation processes is recommended
- Setup and Configuration ()
- Compensation Plans and Cycles ()
- Reporting and Analytics ()
Plan your hours according to each topic's weight.
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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. Payroll Balance
- B. Deduction Range
- C. Formula
- D. Input Value
- E. Element Entry
- F. Benefit Balance
Correct Answer: A,C,E,F 🗳️
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 compensation items.
- B. Attach performance bonuses to similar elements.
- C. Attach performance bonuses to similar sources.
- D. Attach performance bonuses to similar compensation categories/subcategories.
Correct Answer: D 🗳️
What is the maximum number andkind of items that you can add when defining a custom category? (Choose the best answer.)
- A. three subcategories
- B. three items
- C. five custom columns
- D. three custom columns
Correct Answer: C 🗳️
If you enable Performance Ratings and rate workers within WorkforceCompensation, which two statements are true? (Choose two.)
- A. You can display compensation ratings given in the previous plan cycle as a column in the worksheet.
- B. Managers can rate workers as they allocate compensation.
- C. These ratings are used across compensation plan and cycles.
- D. The ratings are transferred to the Performance Management system or toHR.
Correct Answer: A,B 🗳️
Which five tasks can be performed by a compensation manager? (Choose five.)
- A. Generate company-configured compensation change statements to notify workers of a compensation award, job change, or performance rating assignment.
- B. Allocate compensation.
- C. Analyze proposed changes for equity among peer groups and by manager, alignment with the market, and pay for performance strategies.
- D. Determine compensationamounts offline by downloading details to a spreadsheet.
- E. Promote and rate worker performance while allocating compensation.
- F. Review and approve work of Superior Manager.
Correct Answer: A,B,C,D,E 🗳️
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