Quiz 1Z0-1049-26 - High Hit-Rate Oracle Compensation Cloud 2026 Implementation Professional Simulations Pdf

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Oracle 1Z0-1049-26 Exam Syllabus Topics:

Section	Objectives
Topic 1: Security and Administration	- Roles and data security for compensation - Access and approval flows
Topic 2: Elements and Compensation Basics	- Earnings and deductions setup - Element configuration and usage in compensation plans
Topic 3: Base Compensation Configuration	- Grade, grade step, and salary structure configuration - Salary basis setup
Topic 4: Total Compensation Configuration	- Compensation statements setup - Budgeting and allocation rules
Topic 5: Workforce Compensation Implementation	- Eligibility and workforce rules - Compensation plans setup

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Oracle Compensation Cloud 2026 Implementation Professional Sample Questions (Q131-Q136):

NEW QUESTION # 131
Your client's organization is a multi-country organization with headquarters in the US. All employees are covered under one global compensation plan. However, the managers in each country want to administer compensation in their country's respective currency. How would you enable this feature? (Choose the best answer.)

A. Enable Currency Switching.
B. Use fast formula to display the employee currency using conversion rates.
C. Set the preferred currency in the worksheet.
D. Display the corporate currency.

Answer: A

NEW QUESTION # 132
An organization uses Compensation Statement for its workers in the UK. One of the categories used in the statement has the display name as One-Time Bonus. As an implementation consultant, you are in the process of configuring a new Compensation Statement for workers in Indi a. You decide to reuse the category for the new Compensation Statement. In the process of configuring the Statement Definition, you update the Compensation Category display name to Annual Bonus. However, when the Compensation Statement for workers in the UK displays, it continues to show the Category display name as One-Time Bonus.
What is the cause for this? (Choose the best answer.)

A. After the Compensation Statement is generated for workers in India, the Category display name of Annual Bonus will start reflecting in the Compensation Statement of workers in the UK.
B. The Compensation Category display name is specific to a Statement Definition.
C. Workers in the UK need to refresh their statements in order to see the updated display name.
D. The Compensation Statement Definition synchronization process needs to be run to update the Compensation Category display name in all statement definitions.

Answer: A

NEW QUESTION # 133
While configuring a plan cycle, you have set the Worksheet update start and end dates as 15-Apr-2014 and 31-May-2014, respectively. However, when a manger logs into the workforce compensation area on 5-Apr-2014, he is able to see the active plan, but in read-only mode.
What could be the possible reason for this? (Choose the best answer.)

A. Active plans are always shown in read-only mode until the Worksheet update period starts.
B. Active plans are always shown in read-only mode once it is past the eligibility determination date.
C. Active plans are always shown in read-only mode from the Plan Access start date, which is generally prior to the Worksheet update date.
D. Active plans are always shown in read-only mode form the Evaluation period start date, which is always prior to the Worksheet update date.

Answer: D

NEW QUESTION # 134
Which four statements are true if you enable Performance Ratings and integrate with Oracle Fusion Performance Management? (Choose four.)

A. You need to refresh the HR data for ratings updated in Performance Management so they are updated in the worksheet.
B. You have the option to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.
C. You select the performance template or document name and the period to make available, and whether to display only completed ratings or ratings in any status.
D. You can also display the Performance Rating History column in the worksheet to see historical ratings given in the Performance Management system.
E. You can display overall and calculated performance ratings given in the Performance Management system and provide access to the full performance document from within the worksheet.

Answer: A,B,C,E

NEW QUESTION # 135
A corporation has implemented Oracle Fusion Workforce Compensation. The consultant creates multiple elements to meet the business requirements.
Which three statements will help him to make a decision about the element classification? (Choose three.)

A. Elements can have multiple primary and multiple secondary classifications.
B. Predefined primary classifications cannot be removed or changed.
C. Secondary classifications are subsets of the primary classifications.
D. Predefined secondary classifications can be removed or changed.
E. Primary classifications are provided mainly to reflect tax legislation.

Answer: B,C,E

NEW QUESTION # 136
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