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Oracle 1Z0-1049-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Workforce Compensation | 25% | - Plan design, setup and configuration - Performance ratings, approvals and administration - Budgets, models, worksheets and cycles - Validation, batch processes and change statements |
| Topic 2: Elements, Balances, and Formulas | 15% | - Explain element classifications and eligibility - Configure balances and formulas for compensation |
| Topic 3: Individual Compensation | 20% | - Define and configure individual compensation plans - Set up approvals, history and eligibility |
| Topic 4: Total Compensation Statements | 15% | - Generate and manage compensation statements - Define statement definitions and items |
| Topic 5: 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 |
Oracle Compensation Cloud 2026 Implementation Professional Sample Questions:
Which three statements are true regarding plan cycles? (Choose three.)
- A. You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.
- B. You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.
- C. You can display a target amount or custom score from a previous plan cycle in the current plan cycle.
- D. All active plans are available to be cross-referenced, even plans with no started cycles.
- E. Active plans are available to be cross-referenced, except plans with no started cycles.
Correct Answer: B,C,D 🗳️
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Which alert is advised to be disabled when you are using HCM co-existence between Oracle PeopleSoft HCM and Oracle Fusion Compensation? (Choose the best answer.)
- A. Any custom alert
- B. Leave of Absence
- C. Employee termination
- D. Allocation exceeding target
Correct Answer: B 🗳️
As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for Salary, Merit Increase, and so on. Identify one set of values that Compensation Items can hold. (Choose the best answer.)
- A. Monetary, Nonmonetary, Date, Text
- B. Monetary, Nonmonetary, Date, Boolean
- C. Monetary, Timestamp, Boolean
- D. Monetary, Nonmonetary, Timestamp, Text
Correct Answer: D 🗳️
A corporation has implemented Oracle Fusion Workforce Compensation and set up an individual compensation plan with the following details.
Name: Variable component
Restrict plan access: Yes
Action: Manage Contributions
Access Level: New
Allocations: Always Allow
Update Allocations: Never Allow
Discontinue Allocations: "Allowed during a specific period" with the period start and end dates configured.
Identify the correct option for the possible actions. (Choose the best answer.)
- A. The contribution will be automatically added to all the employees in the payroll and HR can discontinue allocations on a request basis.
- B. The plan setup is always for HR to take actions and, therefore, only HR will be able to start the contribution anytime, update never, but discontinue during the period defined for any specific employee.
- C. Only managers will be able to start the contribution anytime, update never, but discontinue during the period defined for any specific employee by using the manager dashboard.
- D. All Employees will be able to start the contribution anytime, update never, but discontinue during the period defined.
Correct Answer: D 🗳️
Which three statements are true about payroll deductions? (Choose three.)
- A. A payroll deduction comprises the rates and rules that are used to calculate the deduction amount.
- B. Wage basis rules are defined at the personal level and the context value for the rule is captured on the deduction card.
- C. The deduction element's status processing rule drives the calculation, accessing the rates and rules that are defined for the related payroll deduction and the values that are captured on a personal deduction card.
- D. The rates and rules that are defined on a personal deduction card cannot override the values that are defined in the deduction ranges at the legislative level.
- E. A personal deduction card contains person-specific information that is used to calculate the deduction amount.
Correct Answer: A,B,C 🗳️
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