Exam 1Z0-1049-26 Guide & Test 1Z0-1049-26 Score Report

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Oracle 1Z0-1049-26 Exam Syllabus Topics:

Section	Weight	Objectives
Topic 1: Elements, Balances, and Formulas	15%	- Configure balances and formulas for compensation - Explain element classifications and eligibility
Topic 2: Total Compensation Statements	15%	- Generate and manage compensation statements - Define statement definitions and items
Topic 3: Individual Compensation	20%	- Set up approvals, history and eligibility - Define and configure individual compensation plans
Topic 4: Workforce Compensation	25%	- Performance ratings, approvals and administration - Budgets, models, worksheets and cycles - Plan design, setup and configuration - Validation, batch processes and change statements
Topic 5: Base Pay Configuration	25%	- Configure compensation zones and base pay structures - Set up salary basis and components - Manage grade rates, salary ranges and progression ladders

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Oracle Compensation Cloud 2026 Implementation Professional Sample Questions (Q46-Q51):

NEW QUESTION # 46
A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up Calculation Factors for the deduction elements setup.
Which two statements are correct regarding the Calculation Factors? (Choose two.)

A. Calculation Factors define which classifications of earnings to consider when calculating the basis for the deduction element.
B. The Manage Deduction Group Rates task in the Payroll Calculation work area is used to view the calculation factors defined.
C. The Manage Deduction Ranges task in the Payroll Calculation work area is used to view the calculation factors defined.
D. Calculation Factors indicate which deduction range to use when calculating the deduction amount.

Answer: C,D

NEW QUESTION # 47
Your client has a requirement where work-at-home assignments are not eligible for an employee compensation revision cycle. To facilitate capturing work-at-home assignment, you have created a custom column and associated a List of Values (LOV) with values "Yes" and "No". Now you wish to create an eligibility profile around this. Which is the correct option? (Choose the best answer.)

A. User-defined-criteria-based eligibility profile on "Work-at-home" and value = "Yes" with exclude option deselected
B. User-defined-criteria-based eligibility profile on "Work-at-home" and value = "No" with exclude option selected
C. Derived-factor-based eligibility profile based on the "Work-at-home" column
D. User-defined-criteria-based eligibility profile on "Work-at-home" and value = "Yes" with exclude option selected

Answer: D

NEW QUESTION # 48
Identify three correct statements about changes in an employee's compensation when the employee's FTE value changes in employment. (Choose three.)

A. If the salary record end date is the same as the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.
B. If the salary record has the end date after the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.
C. If the salary record end date is 31-DEC-4712 (that is, the date is "blank" in the salary UI), the FTE value is fetched as of the current system date and Annual Salary and Annual FT Salary are calculated by using that value.
D. If the salary start date is after the current date (that is, it is a future-dated salary record), the FTE value is fetched as of the salary start date and Annual Salary and Annual FT Salary are calculated by using that value.
E. If the salary record has the end date before the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.

Answer: C

NEW QUESTION # 49
A corporation has implemented Oracle Fusion Workforce Compensation and set up an individual compensation plan with the following details.
Name: Variable component
Restrict plan access: Yes
Action: Manage Contributions
Access Level: New
Allocations: Always Allow
Update Allocations: Never Allow
Discontinue Allocations: "Allowed during a specific period" with the period start and end dates configured.
Identify the correct option for the possible actions. (Choose the best answer.)

A. Only managers will be able to start the contribution anytime, update never, but discontinue during the period defined for any specific employee by using the manager dashboard.
B. The plan setup is always for HR to take actions and, therefore, only HR will be able to start the contribution anytime, update never, but discontinue during the period defined for any specific employee.
C. All Employees will be able to start the contribution anytime, update never, but discontinue during the period defined.
D. The contribution will be automatically added to all the employees in the payroll and HR can discontinue allocations on a request basis.

Answer: C

NEW QUESTION # 50
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. Worksheet population
D. Direct Reports
E. Entire organization's population under that manager

Answer: C

NEW QUESTION # 51
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