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| 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 Format: | Multiple Choice, Multiple Response |
| Real Exam Qty: | 55 |
| Related Certifications: | Oracle HCM Cloud Implementation Specialist |
| Passing Score: | 66% |
| Available Languages: | English |
| Exam Duration: | 85 minutes |
| Exam Price: | $245 USD |
| Recommended Training: | Oracle Compensation Cloud 2020 Implementation Training |
| Exam Registration: | Pearson VUE Oracle University |
| 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 |
| Section | Weight | Objectives |
|---|---|---|
| Elements, Balances, and Formulas | 15% | - Explain earnings and deduction elements - Manage balances and formulas - Describe element classifications |
| Individual Compensation Configuration | 20% | - Set up variable allocation and approvals - Configure compensation history - Manage personal contributions - Define individual compensation plans |
| Base Pay Setup | 20% | - Configure progression grade ladders - Define salary basis and components - Manage compensation zones - Set up grade rates and salary ranges |
| Total Compensation Statements | 10% | - Set up compensation categories - Generate and publish statements - Define statement templates and items |
| Validation & Batch Processes | 10% | - Validate plan configurations - Monitor and troubleshoot cycles - Run batch compensation processes |
| Workforce Compensation Plans & Administration | 25% | - Configure worksheets, budgets and models - Design compensation plan structures - Implement approval workflows - Administer compensation change statements - Set up plan cycles and eligibility |
The 1z0-1049-20 exam (Oracle Compensation Cloud 2020 Implementation Essentials) is the official Oracle exam that leads to the Oracle Compensation Cloud 2020 Certified Implementation Specialist certification, a credential at the Specialist level. Related certifications include Oracle HCM Cloud Implementation Specialist. Actual4test provides 180 practice questions to help you prepare for it with confidence.
The 1z0-1049-20 exam contains 55 questions and gives you 85 minutes to finish them. Before exam day, divide the total time by the question count so you know the pace you need to keep, and flag difficult items instead of getting stuck on them. Running at least one full timed session in the Actual4test test engine is the best way to make that time pressure feel familiar.
You need 66% to pass, and the official registration fee is $245 USD. Keep in mind that a failed attempt means paying that fee in full again, so it pays to test yourself first. When your scores on the Actual4test timed practice tests stay consistently above the passing line, you are ready to book the exam.
No mandatory prerequisites; recommended 6+ months implementation experience Requirements can change over time, so always double-check the latest eligibility rules before you register on the official Oracle exam page.
You can book your exam through the official registration channels:
The exam is delivered in the following way: Online proctored or Onsite at Pearson VUE centers.
Oracle recommends the following training options for this exam:
Official courses build the foundation, and the 180 1z0-1049-20 practice questions from Actual4test help you turn that knowledge into exam-day performance.
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The 1z0-1049-20 syllabus is organized into 6 exam domains. Among the first three are Base Pay Setup (20%), Elements, Balances, and Formulas (15%), Workforce Compensation Plans & Administration (25%). For the complete breakdown of topics and subtopics, see the Exam Topics section above.
Question 1
When a manager clicks the "Prepare in workbook" option, while processing compensation changes, what population would she or he see in the exported Excel spreadsheet? (Choose the best answer.)
A. Budget sheet population
B. The filtered population
C. Entire organization's population under that manager
D. Worksheet population
E. Direct Reports
Question 2
Your client wants to offer a spot incentive bonus to hourly employees who worked 100 percent of their scheduled shift hours in a three-month period. What type of eligibility profile can you use in this case?
(Choose the best answer.)
A. Fast-formula-based eligibility profile
B. User-defined-criteria-based eligibility profile
C. Employment-criteria-based eligibility profile
D. Derived-factor-based eligibility profile
Question 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 with Inactive status.
B. Purge Workforce Compensation Data can be run only for compensation plans that are valid for the future.
C. Purge Workforce Compensation Data can be run only after Back Out Workforce Compensation Data is run with the "Full Back Out" option.
D. 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.
Question 4
Your client has set up an individual compensation plan for a contribution towards a retirement benefit. This contribution must be approved by the three-level manager hierarchy. While setting up the approval hierarchy, the compensation administrator wanted to set up notifications for any errors occurring during the workflow.
Identify the three allowed options needed to set up notifications accordingly. (Choose three.)
A. Groups
B. Duty roles
C. Application roles
D. Individual users
Question 5
A corporation implemented Oracle Fusion Workforce Compensation. A salary basis has been created and attached to the employee and a compensation cycle has been run. The corporation wants to include a new component as part of the salary basis.
Which three are predefined components? (Choose three.)
A. Regular and automatic adjustment
B. Market adjustment due to salary being out of line with the market
C. Equity adjustment to correct salary compression or inversion
D. Adjustment due to corrections within the organization
Solutions:
| Question 1 Answer: D | Question 2 Answer: B | Question 3 Answer: C | Question 4 Answer: A,B,C | Question 5 Answer: A,B,C |
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