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Oracle 1Z0-1049-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Workforce Compensation | 25% | - Budgets, models, worksheets and cycles - Plan design, setup and configuration - Validation, batch processes and change statements - Performance ratings, approvals and administration |
| Base Pay Configuration | 25% | - Manage grade rates, salary ranges and progression ladders - Configure compensation zones and base pay structures - Set up salary basis and components |
| Total Compensation Statements | 15% | - Define statement definitions and items - Generate and manage compensation statements |
| Elements, Balances, and Formulas | 15% | - Explain element classifications and eligibility - Configure balances and formulas for compensation |
| Individual Compensation | 20% | - Set up approvals, history and eligibility - Define and configure individual compensation plans |
Oracle Compensation Cloud 2026 Implementation Professional Sample Questions:
Which is the correct priority of deduction information from highest to lowest? (Choose the best answer.)
- A. 1.Personal deduction card (payroll relationship level). 2. Tax reporting unit deduction card. 3. Payroll statutory unit deduction card. 4. Payroll deduction range values (legislative data group level).
- B. 1. Personal deduction card (payroll relationship level). 2. Payroll statutory unit deduction card. 3. Tax reporting unit deduction card. 4. Payroll deduction range values (legislative data group level).
- C. 1.Personal deduction card (payroll relationship level). 2. Payroll deduction range values (legislative data group level) 4. Payroll statutory unit deduction card. 4. Tax reporting unit deduction card.
- D. 1. Payroll statutory unit deduction card. 2. Tax reporting unit deduction card. 3. Payroll deduction range values (legislative data group level) 4. Personal deduction card (payroll relationship level).
Correct Answer: A 🗳️
Contingent workers are ineligible as per the eligibility rules defined for your organization's compensation plan. The compensation plan cycle is started. As is the standard practice, the compensation administrator schedules the "Refresh Workforce Compensation Data" nightly. A worker who was a contingent worker is now an employee of the organization and the next day shows up in Manager's worksheet. How is this possible? (Choose the best answer.)
- A. Track Ineligible Workers is selected in the compensation plan.
- B. Hide Ineligible Workers is selected in the compensation plan.
- C. Process Ineligible Workers is selected in the compensation plan.
- D. Show Ineligible Workers is selected in the compensation plan.
Correct Answer: C 🗳️
Performance Ratings are enabled in a compensation plan and a Rating Model is supposed to be created. Which two mandatory tasks are involved in creating the Rating Model? (Choose two.)
- A. Create a Rating Level for the rating model.
- B. Create Target Distributions for each of the rating levels.
- C. Review points with from and to points entered for the rating level.
- D. Populate Rating Categories for all rating levels.
Correct Answer: B,D 🗳️
When compiling Fast Formula, you receive the error message "Database item PER_ASG_ATTRIBUTE3 must have a DEFAULT statement because it was specified that null or not found is allowed." What is the cause of the error? (Choose the best answer.)
- A. syntax error
- B. incorrect operator usage
- C. uninitialized variable
- D. misuse of context
Correct Answer: B 🗳️
A corporation has implemented Oracle Fusion Compensation for a manufacturing client. The Fusion consultant created a Bonus element with primary classification as Supplemental earning.
What is true about the subclassifications for the created element? (Choose the best answer.)
- A. Sub-classifications provide a way to feed elements.
- B. A sub-classification name cannot be reused under a different primary classification.
- C. Elements can have only one sub-classification.
- D. Once a sub-classification is associated with a classification, it cannot be associated with another classification.
Correct Answer: D 🗳️
