Real 1Z0-1049-26 Exam | 1Z0-1049-26 Reliable Test Labs

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Oracle 1Z0-1049-26 Exam Syllabus Topics:

Section	Objectives
Elements and Compensation Basics	- Earnings and deductions setup - Element configuration and usage in compensation plans
Base Compensation Configuration	- Grade, grade step, and salary structure configuration - Salary basis setup
Security and Administration	- Roles and data security for compensation - Access and approval flows
Total Compensation Configuration	- Compensation statements setup - Budgeting and allocation rules
Workforce Compensation Implementation	- Compensation plans setup - Eligibility and workforce rules

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Quiz 2026 Efficient Oracle 1Z0-1049-26: Real Oracle Compensation Cloud 2026 Implementation Professional Exam

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Oracle Compensation Cloud 2026 Implementation Professional Sample Questions (Q114-Q119):

NEW QUESTION # 114
Your Workforce Compensation Plan has the following Plan Cycle setup:
Evaluation Period Start Date: 1-Jan-2014
Evaluation Period End Date: 31-Dec-2014
Worksheet Update Period Start Date: 1-Jan-2014
Worksheet Update Period End Date: 31-Dec-2014
HR Data Extraction: 31-Dec-2014
Eligibility Determination Date: 31-Dec-2014
Worksheet Update Period Start Date: 1-Nov-2014
Worksheet Update Period End Date: 31-Jan-2015
Due to reorganization in the month of December 2014, the Marketing department was split into two new departments: Branding and Communications, which resulted in transfers of many employees from one manager to another.
You, as the compensation administrator, are required to ensure that all the relevant organizational changes are included in the Compensation Worksheet. What would you have to do to accomplish this? (Choose the best answer.)

A. Run the Refresh Workforce Compensation Data process on 1-Nov-2014 because that is the date when line managers start updating the worksheet.
B. Run the Back Out Workforce Compensation Data process with the "Full back out" option.
C. Schedule the Refresh Workforce Compensation Data process nightly to ensure that line managers see the most current data, including the recent transfers and other employment changes.
D. Validate Plan Setup to ensure that all HR Data updates are accounted in the worksheet.

Answer: C

NEW QUESTION # 115
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 Target Distributions for each of the rating levels.
B. Review points with from and to points entered for the rating level.
C. Create a Rating Level for the rating model.
D. Populate Rating Categories for all rating levels.

Answer: A,D

NEW QUESTION # 116
A corporation has implemented Oracle Fusion Workforce Compensation. The requirement is that Bonus Amount should be given only to the Full-Time Assignment category employees who work on weekly payroll. Additionally, the costing information must be transferred to General Ledger.
Which implementation approach is correct for creating the required element? (Choose the best answer.)

A. creating an input value and setting up costing information at the input value level
B. creating an auto-indirect rule and setting up costing information at the auto-indirect level
C. creating an element eligibility link and setting up costing information at the link level
D. creating status processing rules and setting up costing information at the status processing level

Answer: C

NEW QUESTION # 117
Which five tasks can be performed by a compensation manager? (Choose five.)

A. Review and approve work of Superior Manager.
B. Analyze proposed changes for equity among peer groups and by manager, alignment with the market, and pay for performance strategies.
C. Generate company-configured compensation change statements to notify workers of a compensation award, job change, or performance rating assignment.
D. Promote and rate worker performance while allocating compensation.
E. Determine compensation amounts offline by downloading details to a spreadsheet.
F. Allocate compensation.

Answer: B,C,D,E,F

NEW QUESTION # 118
A corporation implemented Fusion Compensation and wants to validate the salaries with the setup. Select the two options that are true about validation setup. (Choose two.)

A. Using either a formula at the element level or criteria at the element link level, a warning message can be generated when a new or adjusted salary does not pass the configured validation.
B. Using grade rate validation, a warning message can be generated when the new or adjusted salary is outside the range of salary configured in the grade rate attached to the salary basis.
C. Using grade rate validation, approval can be prevented when the new or adjusted salary is outside the range of salary configured in the grade rate attached to salary basis.
D. Using either a formula at the element level or criteria at the element link level, approval can be prevented when the new or adjusted salary does not pass the configured validation.

Answer: A,B

NEW QUESTION # 119
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