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Oracle 1Z0-1049-26 Exam Syllabus Topics:

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

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Oracle Compensation Cloud 2026 Implementation Professional Sample Questions (Q21-Q26):

NEW QUESTION # 21
Your customer has employees located in four countries (Unites States, Japan, India, and Germany) and each country has a specific salary range. How would you configure the salary bases? (Choose the best answer.)

A. Create one salary basis and four different grade rates, and attach the grade rate to the salary basis at the employee level.
B. Create one salary basis and one grade rate, and define different ranges for the salary basis at the employee level.
C. Create four salary bases and one grade rate, and define different ranges for the same grade rate while attaching the grade rate to the salary bases.
D. Create four salary bases and four grade rates, and attach the grade rates to the salary bases.

Answer: D

NEW QUESTION # 22
When initiating an award, what is correct regarding possible workflow tasks? (Choose the best answer.)

A. You must use VariableAllocationTask and not VariableAllocationFYITask.
B. You must use VariableAllocationFYITask and not VariableAllocationTask.
C. You may use either VariableAllocationTask and VarialbeAllocationFYITask
D. You must use VariableAllocationTask and edit the rules if using only for notification.

Answer: B

NEW QUESTION # 23
Identify the delivered workflow task for variable allocation approvals that has no rules. (Choose the best answer.)

A. VariableApprovalTask
B. VariableAllocationTask
C. VariableApprovalFYITask
D. VariableContributionTask
E. VariableAllocationFYITask

Answer: C

Explanation:
None of the FYI approval workflow tasks have rules. The non-FYI workflow tasks are configured such that if the rule applies, then the notification is routed using the Supervisory list builder and response is required.

NEW QUESTION # 24
You are configuring a work-administered individual compensation plan where your workers can enroll in the plan anytime during the year, but can discontinue their contributions only in the month of March each year. How should you achieve this? (Choose the best answer.)

A. Select specific HR actions such as transfer, promotion, and new hire for the plan with access level for each action allowed during a specific period.
B. Make the plan available for all actions in the list with access level for each action Always allowed.
C. Do not select any additional actions other than Manage Contributions with access level for each action as Create: Always allowed; Update: Never allowed; Discontinuing: Allowed during a specified period.
D. Do not select any additional actions other than Manage Contributions with access level as Create: Always allowed; Update: Allowed during a specified period; Discontinuing: Never allowed.

Answer: C

NEW QUESTION # 25
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. Budgets can be separate for each component.
D. Multiple components can have a single budget.

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 # 26
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