Oracle : 1Z0-1049-21 Questions & Answers

Last Updated: Nov 08, 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
Related Certifications:Oracle HCM Cloud Compensation
Available Languages:English
Exam Format:Multiple Choice, Multiple Response
Exam Duration:90 minutes
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:

SectionObjectives
Topic 1: Reporting and Analytics- Standard Compensation Reports
- Dashboards and Metrics
Topic 2: Compensation Plans and Cycles- Plan Design and Eligibility Rules
- Cycle Setup and Administration
Topic 3: Budgeting and Workforce Compensation- Manager Budget Distribution
- Budget Allocation Methods
Topic 4: Setup and Configuration- Enterprise Structures and Security Setup
- Basic Compensation Configuration
Topic 5: Approvals and Security- Role-Based Access Control
- Approval Workflow Configuration
Topic 6: Worksheet Management- Worksheet Configuration and Fields
- Manager and Employee Interaction
Topic 7: Compensation Cloud Overview- Core Concepts of Workforce Compensation
- Key Features and Business Use Cases
Topic 8: Implementation and Maintenance- Deployment Considerations
- System Maintenance and Updates

Common Questions from Retake Candidates

No formal prerequisites; familiarity with Oracle HCM Cloud and compensation processes is recommended

You can confirm the current eligibility requirements on the official 1Z0-1049-21 exam page before you register.

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The Oracle Compensation Cloud 2021 Implementation Essentials practice questions are organized around the official exam objectives. Key topics include:

  • Compensation Cloud Overview ()
  • Reporting and Analytics ()
  • Implementation and Maintenance ()

Studying topic by topic helps you find the weak areas that cost you points last time.

This package includes 180 practice questions for the Oracle Compensation Cloud 2021 Implementation Essentials exam, with verified answers reviewed by an experienced team of IT experts and certified professionals.

You can register for the Oracle Compensation Cloud 2021 Implementation Essentials exam through the official channels:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question #1

While administering compensation for the workforce, a manger accidentally approves a lower manager's worksheet.
Which three statements will be truein this case? (Choose three.)

  • A. The lower-level manager's access level is changed to "Approved."
  • B. The lower-level manager can still make changes in the worksheet and resubmit it for approval.
  • C. Lower-level managers can no longer make any updates totheir worksheets.
  • D. The worksheet goes to next level for approval.
  • E. The lower-level manager can withdraw the submission and reprocess the compensation allocation.
Reveal Solution  Discussion  0

Correct Answer: A,D,E  🗳️

Question #2

During the Compensation Review cycle for the year 2014-15, the manager processes his direct reports compensation changes per the model created by him. After making the changes in the worksheet, the manager submits the proposed changes to the next level manager in the hierarchy for approval. What will the Manager status appear as in the workforce compensation area? (Choose the best answer.)

  • A. In Approvals
  • B. Work in Progress
  • C. Submitted
  • D. Processed
  • E. Fully Approved
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #3

Your client has a requirement where work-at-home assignments are not eligible for an employee compensation revision cycle. To facilitate capturing work-at-home assignment, you have created a custom column and associated a List of Values (LOV) with values "Yes" and "No". Now you wish to create an eligibility profile around this. Which is the correct option? (Choose the best answer.)

  • A. User-defined-criteria-based eligibility profile on "Work-at-home" and value = "No" with exclude option selected
  • B. Derived-factor-based eligibility profile based on the "Work-at-home" column
  • C. User-defined-criteria-based eligibility profile on "Work-at-home" and value = "Yes" with exclude option selected
  • D. User-defined-criteria-based eligibility profile on "Work-at-home" and value = "Yes" with exclude option deselected
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #4

Your customer wants line managers to be able to access the active workforce compensation plan during the first three months of the Plan period, but not to update it. The evaluation period start and end dates for the plan areJanuary 1 to December 31 of the year.
How should you set this up? (Choose the best answer.)

  • A. Configure Plan access start and end dates from January 1 to December31 of the year.
  • B. Configure Plan access start and end dates from January 1 to March 31 of the year and Worksheet update period start and end dates from April 1 to December 31 ofthe year.
  • C. Configure Worksheet update period start and end dates from January 1 to December 31 of the year.
  • D. Configure Worksheet update period start and end dates from January 1 to March 31 of the year and Plan access start and end dates from April 1 to December 31 of the year.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #5

If you enable Performance Ratings and rate workers within WorkforceCompensation, which two statements are true? (Choose two.)

  • A. The ratings are transferred to the Performance Management system or toHR.
  • B. These ratings are used across compensation plan and cycles.
  • C. Managers can rate workers as they allocate compensation.
  • D. You can display compensation ratings given in the previous plan cycle as a column in the worksheet.
Reveal Solution  Discussion  0

Correct Answer: C,D  🗳️

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