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Updated: Oct 31, 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
Available Languages:English
Related Certifications:Oracle Compensation Cloud 2021 Certified Implementation Specialist
Exam Format:Multiple Choice Questions (MCQ)
Exam Duration:90 minutes
Exam Price:USD $245
Passing Score:66%
Real Exam Qty:55
Sample Questions:Oracle 1Z0-1049-21 Sample Questions
Exam Way:Pearson VUE test center or Oracle online proctored exam.
Pre Condition:No formal prerequisite exam required. Oracle recommends hands-on experience with Oracle Compensation Cloud and Oracle HCM Cloud implementations.
Official Syllabus URL:https://education.oracle.com

Oracle 1Z0-1049-21 Exam Syllabus Topics:

SectionObjectives
Compensation Analytics and Reporting- Reporting and Analysis
  • 1. Audit and Monitoring
  • 2. Compensation Analytics
  • 3. Workforce Compensation Reports
Compensation Foundation- Compensation Components Setup
  • 1. Eligibility Profiles
  • 2. Compensation Objects
  • 3. Compensation Categories
Individual Compensation- Awards and Compensation Management
  • 1. Awards and Spot Bonuses
  • 2. Individual Compensation Plans
  • 3. Compensation History
Base Pay- Salary Administration
  • 1. Compensation Zones
  • 2. Salary Components
  • 3. Grade Rates
  • 4. Salary Basis
  • 5. Manage Base Pay
Compensation Statements- Statement Configuration
  • 1. Statement Definitions
  • 2. Generate Compensation Statements
  • 3. Display Components
Workforce Compensation Plans- Plan Configuration
  • 1. Plan Access
  • 2. Worksheet Configuration
  • 3. Column and Component Design
  • 4. Budget Setup
Workforce Compensation Processing- Compensation Cycle Management
  • 1. Compensation Processes
  • 2. Refresh and Publish Data
  • 3. Plan Validation
  • 4. Batch Processes

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question #1

Yourcustomer's company spans multiple countries. It follows a global salary increase process in the month of May and awards bonuses twice a year in the month of June and December for workers who are employed in various countries. As an implementation consultant, you must define Statement Periods for the Compensation Statement. Which three options will you consider? (Choose three.)

  • A. the date when merit increases are awarded to workers
  • B. the conversion rate date for currency conversions
  • C. an optional welcome message
  • D. the date that statements become available toworkers
  • E. the date when bonus is awarded to workers
Reveal Solution  Discussion  0

Correct Answer: C,D,E  🗳️

Question #2

While administering compensation, the managers in the organization want to first allocate compensation to the outstanding performers with compa-ratio less than 80 and, therefore, want to view only this population. How would you, as a consultant, help the managers toachieve this? (Choose the best answer.)

  • A. Use the sort feature in the worksheet to control this.
  • B. Control the population by using eligibility profiles.
  • C. Use the Advanced Filter option in the worksheet to create a custom condition.
  • D. This cannot bedone once the population is finalized and the compensation cycle is started.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #3

What happens if you include ineligible workers on the worksheet? (Choose the best answer.)

  • A. It does not display ineligible workers but managers can allocate compensation, promote workers, or rate worker performance.
  • B. It does not display ineligible workers and managers cannot allocate compensation, promote workers, or rate worker performance.
  • C. It displays ineligible workers but managers cannot allocate compensation, promote workers, or rate worker performance.
  • D. It displays ineligible workers but managers can allocate compensation, promote workers, and rate worker performance.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #4

While working on a budget sheet or a compensation worksheet, a manager chooses to use the "Export to Excel workbook" option to do his or her work. Which four of the following steps wouldhe or she need to perform upon clicking the "Export to Excel workbook" option and prior to finalizing his or her proposal and submitting it for approval? (Choose four.)

  • A. Resolve errors created by the uploaded file.
  • B. Filter the editsand upload only the edited fields.
  • C. Edit the workbook data.
  • D. Repeat the steps as many times asnecessary to accommodate the revisions.
  • E. Download and authenticate workbooks.
  • F. Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
Reveal Solution  Discussion  0

Correct Answer: A,B,E,F  🗳️

Question #5

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 cannot be separate for each component.
  • C. Multiple components cannot have a single budget.
  • D. Budgets can be separate for each component.
Reveal Solution  Discussion  0

Correct Answer: A,D  🗳️

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