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Oracle 1Z0-1049-26 Exam Syllabus Topics:

Section	Weight	Objectives
Individual Compensation	20%	- Set up approvals, history and eligibility - Define and configure individual compensation plans
Elements, Balances, and Formulas	15%	- Configure balances and formulas for compensation - Explain element classifications and eligibility
Workforce Compensation	25%	- Budgets, models, worksheets and cycles - Validation, batch processes and change statements - Performance ratings, approvals and administration - Plan design, setup and configuration
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%	- Generate and manage compensation statements - Define statement definitions and items

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Oracle Compensation Cloud 2026 Implementation Professional Sample Questions (Q86-Q91):

NEW QUESTION # 86
You create a compensation plan and attach a Compensation Performance rating model to it. While the manager is allocating compensation, he specifies a rating for each of the employees under him. Where will the rating specified by the manager be available? (Choose the best answer.)

A. Only within the current compensation plan and the current cycle
B. Only within the current compensation plan and all cycles associated with it
C. To the current compensation plan and HR system
D. To the current compensation plan and the Performance Management system

Answer: B

NEW QUESTION # 87
A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up the following for all employees:
Salary paid based on the grades of employees.
Car allowance paid based on the department and position.
Spot bonus paid based on a committee's decision.
Identify the correct option for the setup. (Choose the best answer.)

A. Set up a salary basis for "Salary" and associate a grade rate matrix and the payroll element to it. Set up individual compensation plans for the car allowance and spot bonus, and restrict the access to line manager and HR specialist respectively. Additionally, add an eligibility profile to the car allowance to restrict it to specific departments and positions.
B. Set up a salary basis for "Salary" and associate a grade rate matrix to it, and add a car allowance and spot bonus as components for the salary basis along with Salary. Attach the required payroll elements to the salary. Have salary validations to restrict access and payment for specific departments and positions.
C. Set up Salary and the spot bonus as two salary bases, because there are no eligibility restrictions. Set up the car allowance as an individual compensation plan. Add the required payroll elements and add eligibility profiles for the car allowance for specific departments and positions.
D. Set up on individual compensation plan with all three options. Add the required payroll elements and add restriction based on eligibility profiles and plan access.

Answer: C

NEW QUESTION # 88
Performance ratings are enabled in the compensation plan. Which three statements are correct regarding performance ratings? (Choose three.)

A. You cannot make completed performance document and corresponding ratings from Oracle Fusion Performance Management available to managers in the compensation worksheet.
B. If you use performance ratings while allocating compensation, you can display the latest ratings to the managers during the compensation cycle.
C. You can allow managers to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.
D. You can allow managers to enter performance ratings during the compensation cycle to be used only in the compensation plan.

Answer: B,C,D

NEW QUESTION # 89
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. Validate Plan Setup to ensure that all HR Data updates are accounted in the worksheet.
B. Run the Refresh Workforce Compensation Data process on 1-Nov-2014 because that is the date when line managers start updating the worksheet.
C. Run the Back Out Workforce Compensation Data process with the "Full back out" option.
D. 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.

Answer: D

NEW QUESTION # 90
What happens when you define Workforce Compensation Plan components but the employees to whom the compensation change is being administered does not have any component in his or her salary? (Choose the best answer.)

A. The sum of all components identified to be posted as salary is posted as a single salary adjustment amount to the employee's salary record.
B. The first component is automatically mapped to the salary and the amount associated with this component is posted as a salary adjustment to the employee record.
C. The component adjustment is not posted as a salary adjustment to the employee's record. While designing the compensation plan, it has to be kept in mind that the plan components must have a direct mapping with the employee's salary components.
D. The last component is automatically mapped to the salary and the amount associated with this component is posted as a salary adjustment to the employee record.

Answer: D

NEW QUESTION # 91
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