Quiz 1Z0-1049-26 - Oracle Compensation Cloud 2026 Implementation Professional–High Pass-Rate Latest Test Prep

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Oracle 1Z0-1049-26 Exam Syllabus Topics:

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

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Oracle Compensation Cloud 2026 Implementation Professional Sample Questions (Q10-Q15):

NEW QUESTION # 10
You have configured a compensation plan to include ratings from the performance management system. For one particular division, the performance ratings have not been finalized and are shown as blank on the compensation worksheet. The manager updates the performance rating while allocating compensation. What happens in this case? (Choose the best answer.)

A. The rating will be available in the Performance document in the performance system.
B. The rating will be available to only the plans where the same manager is involved.
C. The rating will be available to all plans that are currently active.
D. The rating will be available to only the plan where it is updated.

Answer: A

NEW QUESTION # 11
As a Fusion implementation consultant, you are configuring Fusion HCM Compensation Management module for a manufacturing client. Which three statements are correct in relation to compensation statement display options? (Choose three.)

A. You can configure display of zero values.
B. You can hide or show the estimated amount indicator at the category setup level.
C. You cannot include and hide the welcome message at the statement definition setup level.
D. You cannot hide regions for graphs or descriptions at the statement definition setup level.
E. You can hide table columns.
F. You cannot exclude a category from the statement summary at the category setup level.

Answer: A,B,D

NEW QUESTION # 12
An organization provides compensation such as salary and bonus earnings for its workers. It also tracks commissions and company-paid taxes for them.
Which two statements are true when configuring the items? (Choose two.)

A. Benefit Balance will require you to specify the Legislative Data Group as the Additional Data Entry.
B. Payroll Balance will require you to specify the Legislative Data Group as the Additional Data Entry.
C. Formula will require you to specify the Legislative Data Group as the Additional Data Entry.
D. Element Entry will require you to specify the Legislative Data Group as the Additional Data Entry.

Answer: B,C

NEW QUESTION # 13
Which two tasks are performed by compensation managers while determining budgets? (Choose two.)

A. Determine budget amounts offline by downloading budget details to a spreadsheet.
B. Manually calculate budget amounts or automatically determine budget amounts by using a model.
C. With administrative budgeting, enable managers to award compensation within their allocated budget amounts by automatically publishing budget amounts.
D. Publish budgets to line managers to distribute budgets down the reporting hierarchy or to allocate budget amounts at the employee level.

Answer: C,D

NEW QUESTION # 14
Your customer wants line managers to be able to access the active workforce compensation plan during the first three months of the Plan period, but not to update it. The evaluation period start and end dates for the plan are January 1 to December 31 of the year.
How should you set this up? (Choose the best answer.)

A. Configure Worksheet update period start and end dates from January 1 to December 31 of the year.
B. Configure Plan access start and end dates from January 1 to December 31 of the year.
C. Configure Worksheet update period start and end dates from January 1 to March 31 of the year and Plan access start and end dates from April 1 to December 31 of the year.
D. Configure Plan access start and end dates from January 1 to March 31 of the year and Worksheet update period start and end dates from April 1 to December 31 of the year.

Answer: D

NEW QUESTION # 15
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