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Updated: Jul 26, 2026

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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 Choice, Multiple Response
Related Certifications:Oracle HCM Cloud Compensation
Available Languages:English
Exam Duration:90 minutes
Sample Questions:Oracle 1Z0-1049-21 Sample Questions
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:

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

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A corporation has implemented Oracle Fusion Workforce Compensation. Oracle Fusion Supplemental Earning Elements must now be created to capture ad hocpayments for eligible workforce.
Which two statements are true about element eligibility criteria for such elements? (Choose two.)

A) You cannot define multiple eligibility criteria for each element in any case.
B) You candefine multiple eligibility criteria for each element, but there must not be any overlap between them.
C) Some element eligibility criteria may not be available, depending onthe level at which the element is attached.
D) You can define multiple eligibility criteria for each element, but there must be an overlap between them.


2. Your customer has employees located in four countries (Unites States, Japan,India, and Germany) and each country has a specific salary range. How would you configure the salary bases? (Choose the best answer.)

A) Create four salary bases and four grade rates, and attach the grade rates to the salary bases.
B) Create one salary basis and four different grade rates, and attach the grade rate to the salary basis at the employeelevel.
C) Create one salary basis and one grade rate, and define different ranges for the salary basis at the employee level.
D) Create four salary bases and one grade rate, and define different ranges for the same grade rate while attaching the grade rate to the salary bases.


3. The compensation administrator wants to run Purge Workforce Compensation Data for one of the past compensation plans because the transaction data from that period is not required anymore. However, the compensation administrator does not get the option to include the said plan. What is the reason for this?
(Choose the best answer.)

A) Purge Workforce Compensation Data can be run only for compensation plans that are valid for the future.
B) Purge Workforce Compensation Data can be run only after Back Out Workforce Compensation Data is run withthe "Full Back Out" option.
C) Purge Workforce Compensation Data cannot be run because the Transfer Workforce Compensation Data to HR process has already been run and compensation data transferred to HR.
D) Purge Workforce Compensation Data can be run only for compensation plans with Inactive status.


4. Which three statements are true about individual compensation plans? (Choose three.)

A) Individual compensation plans define compensation that managers can award to individual workers outside of the regular compensation cycle, such as spot bonus or education reimbursement.
B) Individual compensation plans are not necessary for payment of items such as spot bonus.
C) A user's ability to access or make updates to awards in individual compensation plans may be restricted by the user's association to a Legislative Data Group.
D) Individual compensation plans arenecessary for payment of items such as spot bonus.
E) Workers are individual compensation plans to manage their own contributions to charitable or savings plans.


5. While implementing, you are grouping compensation items and categories for displaying them together.
Therefore, when planning how to group compensation items and categories, you must considerwhich three options? (Choose three.)

A) Statement definitions
B) Level of detail
C) Category Type
D) Contribution Type and Unit of Measure
E) Compensation Items
F) Category Detail


Solutions:

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

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