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Oracle 1Z0-1049-26 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Elements and Compensation Basics | - Element configuration and usage in compensation plans - Earnings and deductions setup |
| Workforce Compensation Implementation | - Eligibility and workforce rules - Compensation plans setup |
| Security and Administration | - Roles and data security for compensation - Access and approval flows |
| Total Compensation Configuration | - Compensation statements setup - Budgeting and allocation rules |
| Base Compensation Configuration | - Salary basis setup - Grade, grade step, and salary structure configuration |
Oracle Compensation Cloud 2026 Implementation Professional Sample Questions:
A corporation has generated total compensation statements and all workers received their total compensation statements. As a compensation executive, you realize that some corrections are needed in the generated statements.
Which corrective action will you take? (Choose the best answer.)
- A. Start manual changes in each worker's total compensation statement.
- B. Educate the workers that corrections are not possible after the total compensation statements have been generated.
- C. Edit "Statement Definition," make the required corrections, and regenerate the total compensation statements as a newer version.
- D. Ignore any corrective action.
Correct Answer: C 🗳️
Which two tasks are performed by compensation managers while determining budgets? (Choose two.)
- A. Publish budgets to line managers to distribute budgets down the reporting hierarchy or to allocate budget amounts at the employee level.
- B. With administrative budgeting, enable managers to award compensation within their allocated budget amounts by automatically publishing budget amounts.
- C. Determine budget amounts offline by downloading budget details to a spreadsheet.
- D. Manually calculate budget amounts or automatically determine budget amounts by using a model.
Correct Answer: A,B 🗳️
You are required to explain to your client the use of Hierarchy design in Compensation Process. Which two Compensation-related activities use Hierarchy? (Choose two.)
- A. Feedback survey
- B. Sending Compensation alerts
- C. Allocating budgets
- D. Approval routing
- E. Plan access
Correct Answer: C,D 🗳️
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 🗳️
Employee X was hired on 5 March 2014 as a Web Designer and was reporting to Manager Y. On 10 September 2014, this employee was transferred to Manager Z to work as an Online Campaign designer. The company where Employee X works is doing a compensation cycle for the current year starting 1 October 2014. The employee record set up in the plan setting is "Employment terms," while the Legal Employer of Employee X uses a two-tier model.
On which manager's worksheet does Employee X appear? (Choose the best answer.)
- A. Both Manager Y and Manager Z, because he has worked under both of them during the current cycle.
- B. Manager Y, because this is the original manager of Employee X.
- C. Manager Z, because this is the current manager to whom Employee X is reporting.
- D. Employee X does not appear on any manager's sheet, because he will not be evaluated by the compensation plan.
Correct Answer: D 🗳️
