Exam Name: Oracle Compensation Cloud 2020 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Workforce Rewards Cloud
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Oracle 1z0-1049-20 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Compensation Cloud 2020 Implementation Essentials |
| Exam Number: | 1Z0-1049-20 |
| Certificate Validity Period: | 18 months from earn date |
| Exam Price: | $245 USD |
| Available Languages: | English |
| Related Certifications: | Oracle HCM Cloud Implementation Specialist |
| Passing Score: | 66% |
| Real Exam Qty: | 55 |
| Exam Duration: | 85 minutes |
| Exam Format: | Multiple Choice, Multiple Response |
| Recommended Training: | Oracle Compensation Cloud 2020 Implementation Training |
| Exam Registration: | Oracle University Pearson VUE |
| Sample Questions: | Oracle 1z0-1049-20 Sample Questions |
| Exam Way: | Online proctored or Onsite at Pearson VUE centers |
| Pre Condition: | No mandatory prerequisites; recommended 6+ months implementation experience |
| Official Syllabus URL: | https://education.oracle.com/oracle-compensation-cloud-2020-implementation-essentials/pexam_1Z0-1049-20 |
Oracle 1z0-1049-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Workforce Compensation Plans & Administration | 25% | - Configure worksheets, budgets and models - Set up plan cycles and eligibility - Design compensation plan structures - Administer compensation change statements - Implement approval workflows |
| Topic 2: Base Pay Setup | 20% | - Set up grade rates and salary ranges - Manage compensation zones - Configure progression grade ladders - Define salary basis and components |
| Topic 3: Validation & Batch Processes | 10% | - Monitor and troubleshoot cycles - Run batch compensation processes - Validate plan configurations |
| Topic 4: Elements, Balances, and Formulas | 15% | - Manage balances and formulas - Explain earnings and deduction elements - Describe element classifications |
| Topic 5: Total Compensation Statements | 10% | - Generate and publish statements - Set up compensation categories - Define statement templates and items |
| Topic 6: Individual Compensation Configuration | 20% | - Configure compensation history - Manage personal contributions - Set up variable allocation and approvals - Define individual compensation plans |
1z0-1049-20 Exam FAQ: What Candidates Ask About Oracle Compensation Cloud 2020 Implementation Essentials
The 1z0-1049-20 exam, officially titled Oracle Compensation Cloud 2020 Implementation Essentials, is the Oracle exam you pass to earn the Oracle Compensation Cloud 2020 Certified Implementation Specialist certification, a credential at the Specialist level. Passing it confirms the skills defined in the official exam outline, and it is associated with related credentials such as Oracle HCM Cloud Implementation Specialist.
The 1z0-1049-20 exam includes 55 questions and gives you 85 minutes to finish them. That is a tight pace per question, so get used to reading each stem once, flagging anything uncertain, and moving on rather than getting stuck. Running timed practice tests in the Fast2test desktop or online test engine is the most reliable way to build that rhythm before exam day.
The passing score for the 1z0-1049-20 exam is 66%, and the official registration fee is $245 USD. Keep in mind that a failed attempt means paying $245 USD again in full to retake it, so book your slot only when your scores on Fast2test practice tests sit consistently above the passing line.
Oracle lists the following prerequisites or eligibility notes for the 1z0-1049-20 exam: No mandatory prerequisites; recommended 6+ months implementation experience. Requirements can change over time, so confirm the details on the official exam page at Oracle's official site before you register.
You can register for the 1z0-1049-20 exam through the official channels below:
The exam is delivered in the following format: Online proctored or Onsite at Pearson VUE centers. Choose a date that leaves you enough time to work through the full 180-question practice set first.
Oracle recommends the following training resources for 1z0-1049-20 candidates:
Official courses build the theory, and the 180 practice questions from Fast2test help you turn that theory into exam-ready speed and accuracy.
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The 1z0-1049-20 exam blueprint is divided into 6 domains, starting with Validation & Batch Processes (10%); Individual Compensation Configuration (20%); Total Compensation Statements (10%). For the complete domain-by-domain breakdown, see the Exam Topics section above — it lists every topic the current outline covers.
Oracle Compensation Cloud 2020 Implementation Essentials Sample Questions:
Question 1
As an implementation consultant, you are required to define a total compensation statement. To construct the total compensation statement, you must follow a set of activities in sequence.
Select the correct sequence to construct a total compensation statement. (Choose the best answer.)
A. Create compensation items > specify the statement period and display options > arrange categories hierarchically in the statement definition > attach items to compensation categories > generate the statement.
B. Create compensation items > attach the items to compensation categories > generate the statement > specify the statement period and display options > arrange categories hierarchically in the statement definition.
C. Create compensation items > generate a statement > specify the statement period and display options > arrange categories hierarchically in the statement definition > attach items to compensation categories.
D. Create compensation items > attach the items to compensation categories > arrange categories hierarchically in the statement definition > specify the statement period and display options > generate the statement.
Question 2
While validating the Workforce Compensation Plan Setup, the compensation administrator encounters the following Warning: "At least one column that adjusts salary is enabled but no components to be posted as salary are selected." What should the compensation administrator do to eliminate this warning? (Choose the best answer.)
A. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and enable Compensation Amount.
B. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Eligible Salary Column Properties, select Yes for Post as Salary.
C. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Compensation Amount Column Properties, select Yes for Post as Salary.
D. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and enable Eligible Salary.
E. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Percentage of Eligible Salary Column Properties, add an Element.
Question 3
Which four statements are true if you enable Performance Ratings and integrate with Oracle Fusion Performance Management? (Choose four.)
A. You have the option to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.
B. You can also display the Performance Rating History column in the worksheet to see historical ratings given in the Performance Management system.
C. You can display overall and calculated performance ratings given in the Performance Management system and provide access to the full performance document from within the worksheet.
D. You select the performance template or document name and the period to make available, and whether to display only completed ratings or ratings in any status.
E. You need to refresh the HR data for ratings updated in Performance Management so they are updated in the worksheet.
Question 4
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 components and create at least one component (Configure Compensation Components).
B. Enable the Communications tab type (Configure Worksheet Page Layout).
C. Configure related components (Configure Worksheet Page Layout: Detail Table tab.)
D. Enable components and create a component linked to the budget pool (Configure Compensation Components).
Question 5
A corporation has implemented Oracle Fusion Workforce Compensation. The consultant must now create an element eligibility link for an Earnings element.
While creating the element eligibility link, which three options can be set up in the element eligibility work area? (Choose three.)
A. auto indirect rules
B. retroactive components
C. general information
D. costing
E. input values
F. status processing rules
Solutions:
| Question 1 Answer: D | Question 2 Answer: C | Question 3 Answer: A,C,D,E | Question 4 Answer: D | Question 5 Answer: A,D,E |
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