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Oracle 1Z0-1049-26 Exam Syllabus Topics:

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

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Oracle Compensation Cloud 2026 Implementation Professional Sample Questions (Q43-Q48):

NEW QUESTION # 43
What are the two correct options with respect to budgeting when the salary has multiple components? (Choose two.)

A. Budgets cannot be separate for each component.
B. Multiple components cannot have a single budget.
C. Multiple components can have a single budget.
D. Budgets can be separate for each component.

Answer: C,D

Explanation:
If you use budgeting, you can have separate budgets for each component or link multiple components to a single budget. You can also link budgets to off-cycle compensation plans. For example, you can give a manager a single annual budget amount and draw both focal and off-cycle awards from the same budget pool. Once you enable budgeting, you configure how data displays on the budget page, such as data display order, available menu actions, and text instructions to the managers. Also, you can copy a budget page layout from another plan.

NEW QUESTION # 44
As a compensation executive, you are required to upload stock data sent by a vendor of a corporation into the Fusion application.
Which option is the correct method to do so? (Choose the best answer.)

A. Manage Stock Grants >> Prepare Import Spreadsheet
B. Manage Stock Grants >> Import Category
C. Manage Stock Grants >> Import Items
D. Manage Stock Grants >> Import Source

Answer: A

NEW QUESTION # 45
As compensation administrator, you are required to show "Actual amounts paid to the worker" in the Total Compensation Statement. To meet this requirement, which component must be created? (Choose the best answer.)

A. Compensation Statement Definition
B. Compensation Item
C. Compensation Category
D. Compensation Source

Answer: D

NEW QUESTION # 46
The compensation administrator has configured an Annual Salary Review plan that is linked to the performance of employees so that the annual increment amount is based on the rating that an employee has received in the performance evaluation. The percentages are fixed for each of the ratings by using the dynamic column. All the managers have completed updating the worksheet and the information has been transferred to HR by running the Transfer Workforce Compensation Data to HR process.
After this, the compensation administrator realizes that the increment percentages for each of the ratings used in the dynamic column were incorrect. Now each of these incorrect salary records should be deleted and new correct salary record entries should be made for the employees in Manage Salary.
How should you accomplish this? (Choose the best answer.)

A. Run the Back Out Workforce Compensation Data process, correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Data process, and rerun the same compensation plan.
B. Change the plan status to Inactivate and create a new compensation plan with correct percentage increase for each of the ratings.
C. Run the Back Out Workforce Compensation Data process, run the Refresh Workforce Compensation Data process, return the same compensation plan, and then transfer the data to HR.
D. Run the Back Out Workforce Compensation Data process, correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Data process, and rerun the same compensation plan. Finally transfer the data to HR.
E. Correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Data process, and return the same compensation plan.

Answer: B

NEW QUESTION # 47
Which three statements are true regarding plan cycles? (Choose three.)

A. You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.
B. You can display a target amount or custom score from a previous plan cycle in the current plan cycle.
C. You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.
D. Active plans are available to be cross-referenced, except plans with no started cycles.
E. All active plans are available to be cross-referenced, even plans with no started cycles.

Answer: B,C,E

Explanation:
All active plans are available to be cross referenced, even plans with no started cycles. You can also reference a plan within itself to display values from a previous plan cycle in a subsequent cycle. For example, you can display a target amount or custom score from a previous plan cycle in the current plan cycle so that managers are aware of that data when making a current compensation decision.
You cannot select a default value for a column by cross-referencing a column from another plan if you have selected values for the Default Value, Default and Override Formula, or Compensation Derived Factor fields on the Configure Column Properties dialog box.

NEW QUESTION # 48
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