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Oracle Compensation Cloud 2019 Implementation Essentials (1Z0-1049) Practice Exam

Oracle Compensation Cloud 2019 Implementation Essentials (1Z0-1049)

About Oracle Compensation Cloud 2019 Implementation Essentials (1Z0-1049)

Oracle Compensation Cloud 2019 Implementation Essentials (1Z0-1049) exam is designed for individuals who have a strong foundation and expertise in selling and implementing Oracle HCM Cloud Service solutions. This certification exam covers section like Base Pay, Individual Compensation, Workforce Compensation and Total Compensation Statements.

Course Structure

The Oracle Compensation Cloud 2019 Implementation Essentials (1Z0-1049) Exam covers the following topics -

1. Elements, Balances, and Formulas

Manage fast formulas

Create element eligibility criteria

Describe element classifications

Explain deductions

Explain earnings

2. Individual Compensation

Explain individual compensation plans

Describe variable allocation approvals

Configure compensation history

Manage personal contributions

Configure individual compensation

3. Total Compensation Statements

Explain total compensation statements

Manage statement definitions

Generate total compensation statements

Configure compensation items

Set up compensation categories

4. Base Pay

Explain salary basis

Describe salary components

Manage base pay

Set up grade rates

Manage Salary Range Differentials

Explain Progression Grade Ladders

Manage Grade Ladder Groups

Perform Progression Processes

5. Workforce Compensation

Explain compensation plan design choices

Manage and administer compensation plans

Set up plan cycles

Configure budget page layouts

Configure performance ratings

Implement approvals

Administer compensation plans

Configure plan access

Manage compensation change statements

Configure compensation worksheets

Manage models and budgets

6. Workforce Compensation Plans and Batch Processes

Validate workforce compensation plans

Implement compensation processes

Execute related batch processes

Exam Pattern 

  • Exam Name: Oracle Compensation Cloud 2019 Implementation Essentials
  • Exam Code: 1Z0-1049
  • Number of Questions: 70
  • Length of Time:  120 minutes
  • Exam Fee: $245 USD 
  • Exam Language: English

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