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Oracle 1Z0-1049-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Workforce Compensation | 25% | - Performance ratings, approvals and administration - Budgets, models, worksheets and cycles - Validation, batch processes and change statements - Plan design, setup and configuration |
| Base Pay Configuration | 25% | - Set up salary basis and components - Configure compensation zones and base pay structures - Manage grade rates, salary ranges and progression ladders |
| 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 |
| Individual Compensation | 20% | - Define and configure individual compensation plans - Set up approvals, history and eligibility |
Oracle Compensation Cloud 2026 Implementation Professional Sample Questions:
While configuring the Budget page, which five tabs are available in Page Layout? (Choose five.)
- A. Budgeting
- B. Summary
- C. Worker List
- D. Actions
- E. Detail table
- F. Information
- G. Comments
Correct Answer: A,B,C,D,E 🗳️
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 to all plans that are currently active.
- B. The rating will be available to only the plans where the same manager is involved.
- C. The rating will be available to only the plan where it is updated.
- D. The rating will be available in the Performance document in the performance system.
Correct Answer: D 🗳️
When initiating an award, what is correct regarding possible workflow tasks? (Choose the best answer.)
- A. You may use either VariableAllocationTask and VarialbeAllocationFYITask
- B. You must use VariableAllocationTask and edit the rules if using only for notification.
- C. You must use VariableAllocationFYITask and not VariableAllocationTask.
- D. You must use VariableAllocationTask and not VariableAllocationFYITask.
Correct Answer: C 🗳️
Your client's compensation plan for employees includes a component that is based on years of service in the organization. If a person completes 10 years in the company, he or she will be eligible for a seniority component and the associated fixed salary amount. What type of eligibility profile you would need to create in order to track work experience of people? (Choose the best answer.)
- A. Employment-based-eligibility-criteria using length of service
- B. Derived -factor-based eligibility criteria using length of service
- C. User-defined-criteria-based eligibility profile using hire date
- D. Employment-based eligibility criteria suing hire date
Correct Answer: A 🗳️
You want to use the Workforce Compensation Budget pool for a workforce compensation plan. Select the tasks to be performed, in the correct sequence. (Choose the best answer.)
- A. Create the workforce compensation plan, Configure the workforce compensation budget pool, Configure the workforce compensation plan details, Create at least one worksheet compensation component and associate the budget pool with it, Run the Start Compensation Cycle process
- B. Create the workforce compensation plan, Configure the workforce compensation plan details, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Run the Start Compensation Cycle process.
- C. Run the Start Compensation Cycle process, Create the workforce compensation plan, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Configure the workforce compensation plan details.
- D. Configure the workforce compensation budget pool, Configure the workforce compensation plan details, Run the Start Compensation Cycle process, Create the workforce compensation plan, Create at least one worksheet compensation component and associate the budget pool with it.
- E. Create the workforce compensation plan, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Configure the workforce compensation plan details, Run the Start Compensation Cycle process.
Correct Answer: B 🗳️
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