Oracle 1Z0-1049-21 : Oracle Compensation Cloud 2021 Implementation Essentials

1Z0-1049-21 real exams

Exam Code: 1Z0-1049-21

Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials

Updated: Sep 17, 2026

Q & A: 180 Questions and Answers

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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, Scenario-based
Exam Duration:90 minutes
Related Certifications:Oracle Workforce Rewards Cloud
Real Exam Qty:55
Passing Score:66%
Certificate Validity Period:Subject to Oracle Cloud Recertification Policy
Available Languages:English
Exam Price:$245 USD
Recommended Training:Oracle Compensation Cloud 2021 Implementation Training
Exam Registration:Oracle University Exam Page
Pearson VUE Registration
Sample Questions:Free Download 1Z0-1049-21 bootcamp pdf
Exam Way:Online proctored or Onsite at Pearson VUE test centers
Pre Condition:No formal prerequisites; implementation experience recommended
Official Syllabus URL:https://education.oracle.com/oracle-compensation-cloud-2021-certified-implementation-specialist/pexam_1Z0-1049-21

Oracle 1Z0-1049-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Elements, Balances, and Formulas- Define Elements
- Manage Balances
- Write Fast Formulas
Topic 2: Total Compensation Statements- Statement Configuration
  • 1. Statement Definitions
    • 2. Generate Statements
      • 3. Display Components
        Topic 3: Individual Compensation- Awards and Compensation Management
        • 1. Individual Compensation Plans
          • 2. Compensation History
            • 3. Spot Bonuses
              Topic 4: Workforce Compensation Processing- Compensation Cycle Management
              • 1. Plan Validation
                • 2. Refresh and Publish Data
                  • 3. Batch Processes
                    • 4. Transfer Data to HR
                      Topic 5: Compensation Foundation- Compensation Components Setup
                      • 1. Eligibility Profiles
                        • 2. Compensation Objects
                          • 3. Compensation Categories
                            Topic 6: Workforce Compensation Plans- Plan Configuration
                            • 1. Worksheet Configuration
                              • 2. Budget Setup
                                • 3. Plan Access
                                  • 4. Column and Component Design
                                    Topic 7: Compensation Analytics and Reporting- Audit and Monitoring
                                    - Workforce Compensation Reports
                                    - Compensation Analytics
                                    Topic 8: Base Pay- Salary Administration
                                    • 1. Grade Rates
                                      • 2. Manage Base Pay
                                        • 3. Salary Components
                                          • 4. Salary Basis
                                            • 5. Compensation Zones

                                              1Z0-1049-21 Exam Details and Candidate Protections

                                              Oracle specifies the following prerequisites for the Oracle Compensation Cloud 2021 Implementation Essentials: No formal prerequisites; implementation experience recommended.

                                              Confirm the authoritative details on the official certification page before you register.

                                              As of the latest information, the passing score for the 1Z0-1049-21 exam is 66% and the fee is $245 USD. Oracle sets both, so verify the current figures on the official site before scheduling.

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                                              The Oracle Compensation Cloud 2021 Implementation Essentials blueprint centers on these principal domains:

                                              • Compensation Foundation
                                              • Workforce Compensation Plans
                                              • Elements, Balances, and Formulas

                                              Further domains complete the official outline, and our question bank spans every one.

                                              By understanding the constraint first: most of our candidates are office workers, so the 1Z0-1049-21 bank is elaborately designed for efficiency — focused content with expert-verified answers across the Oracle Compensation Cloud 2021 Implementation Essentials objectives, no filler. Safety is engineered in too: payment runs through Credit Card, the world's reliable payment platform, safeguarding the transaction and protecting your interests, so you can buy without misgivings. And because an electronic product cannot be touched before purchase, a free trial download of real bank content lets you see it first — with 24/7 customer service agents ready for any contingency afterward.

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                                              According to the latest exam information, the 1Z0-1049-21 exam includes 55 questions and lasts 90 minutes minutes. Practicing under the same limit builds the pacing confidence you will want on the day.

                                              Registration goes through the official channels below:

                                              Book your test center or online session early, and let a fixed date organize your preparation.

                                              Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

                                              Question #1

                                              While creating a compensation plan, the compensation manager of your client's organization chooses to enable Compensation Change statement. As an implementation consultant, which is the dependent configuration that you would advise the compensation manager to perform? (Choose the best answer.)

                                              • A. Enable the Communications tab type (Configure Worksheet Page Layout).
                                              • B. Configure related components (Configure Worksheet Page Layout: Detail Table tab.)
                                              • C. Enable components and create a component linked to the budget pool (Configure Compensation Components).
                                              • D. Enable components and create at least one component (Configure Compensation Components).
                                              Reveal Solution  Discussion  0

                                              Correct Answer: C  🗳️

                                              Question #2

                                              A corporation has implemented Oracle Fusion Workforce Compensation. Per business requirements, the Fusion consultant must integrate Oracle Fusion Workforce Compensation with Oracle Fusion Benefits to fetch the value of Benefits Amountas one of the input values for the Benefit element to get the eligible salary of an employee for the compensation process.
                                              Identify the option that will enable fetching of the Benefits Amount value. (Choose the best answer.)

                                              • A. Database items are created by default for the element input values.
                                              • B. Select the "Allow User Entry" and "Create a Database Item" check boxes for the element input value.
                                              • C. Select "Pay Separately" as the "Special Purpose" option.
                                              • D. Create an "Amount" input value at the element eligibility link level.
                                              Reveal Solution  Discussion  0

                                              Correct Answer: B  🗳️

                                              Question #3

                                              A corporation is implementing Oracle Fusion Workforce Compensation and the new salary basis is being created.
                                              For an hourly paid employee, which option is true regarding the Annualization factor in the salary basis?
                                              (Choose the best answer.)

                                              • A. The Annualization factor used in salary basis is only for display purpose. The amount that is paid to the worker is always determined by the pay period on the payroll linked to worker's assignment.
                                              • B. For all hourly paid employees, a new salary basis needs to be created and associated that uses a frequency of "Hourly," and the Annualization factor will be the number of hours in a work year.
                                              • C. The Annualization factor used in a salary basis is only for display purpose. The amount that is paid to the worker is always determined by the sum ofall the components of the salary basis multiplied by 12.
                                              • D. Whether the employee is paid hourly or not, the Annualization factor is the multiplication factor used to convert base pay at the selected frequency to an annualized amount. So any frequency can be used and the corresponding Annualization factor can be determined.
                                              Reveal Solution  Discussion  0

                                              Correct Answer: C  🗳️

                                              Question #4

                                              Your client's organization is a multi-country organization with headquarters in the US. All employees are covered under one global compensation plan. However, the managers in each country want to administer compensation in their country's respective currency. How would you enable this feature?(Choose the best answer.)

                                              • A. Set the preferred currency in the worksheet.
                                              • B. Display the corporate currency.
                                              • C. Use fast formula to display the employee currency using conversion rates.
                                              • D. Enable Currency Switching.
                                              Reveal Solution  Discussion  0

                                              Correct Answer: D  🗳️

                                              Question #5

                                              Your customer is planning to configure an Individual Compensation Company Car Plan to include only the Sales department employees. The customer alsowants to restrict luxury model vehicles to executive positions.
                                              Which three statements are true about accomplishing this? (Choose three.)

                                              • A. Create an eligibility profile to include only the Sales department and attach it to Company Car Plan.
                                              • B. You cannot achieve this because you cannot attach eligibility profiles with Plan and Option.
                                              • C. You can attach eligibility profiles with Plan, Option, or both.
                                              • D. Createan eligibility profile to include executive positions and attach it to Company Car Plan.
                                              • E. Create an eligibility profile to include the Sales department and the executive positions and attach it to Company Car Plan and the Luxury models option.
                                              • F. Createan eligibility profile to include the executive positions and attach it to the Luxury models option.
                                              Reveal Solution  Discussion  0

                                              Correct Answer: A,D,E  🗳️

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