1Z0-1049-26 by Oracle Actual Free Exam Q&As

Question 1

Identify the three correct statements for an alternate approver hierarchy. (Choose three.)

A. The highest Approval sequence is the final approver. B. You can create multiple approvers for the same manager. C. By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set or sequence of approvers. D. The alternate approver must be a part of the regular plan hierarchy.

Discussion 0

Correct Answer: A,B,C Vote an answer

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Question 2

Your customer is planning to configure an Individual Compensation Company Car Plan to include only the Sales department employees. The customer also wants to restrict luxury model vehicles to executive positions.
Which three statements are true about accomplishing this? (Choose three.)

A. Create an eligibility profile to include only the Sales department and attach it to Company Car Plan. B. Create an eligibility profile to include the executive positions and attach it to the Luxury models option. C. You cannot achieve this because you cannot attach eligibility profiles with Plan and Option. D. You can attach eligibility profiles with Plan, Option, or both. E. Create an eligibility profile to include executive positions and attach it to Company Car Plan. F. Create an eligibility profile to include the Sales department and the executive positions and attach it to Company Car Plan and the Luxury models option.

Discussion 0

Correct Answer: A,E,F Vote an answer

Question 3

A corporation implemented Oracle Fusion Core HR on a three-tier model with Multiple Employment Terms with Multiple Assignments as the employment model. An employee of the corporation has multiple assignments and multiple employment terms on different payroll frequencies.
What kind of salary basis must be associated with the employee? (Choose the best answer.)

A. A different salary basis associated with each assignment or employment term. B. One salary basis for each assignment and one of them can be used for the employment terms C. One salary basis for each employment terms and one of them can be used for assignment D. One salary basis for all assignments and employment terms

Discussion 0

Correct Answer: C Vote an answer

Question 4

As an implementation consultant, you are required to define a total compensation statement. To construct the total compensation statement, you must follow a set of activities in sequence.
Select the correct sequence to construct a total compensation statement. (Choose the best answer.)

A. Create compensation items > attach the items to compensation categories > arrange categories hierarchically in the statement definition > specify the statement period and display options > generate the statement. B. Create compensation items > generate a statement > specify the statement period and display options > arrange categories hierarchically in the statement definition > attach items to compensation categories. C. Create compensation items > attach the items to compensation categories > generate the statement > specify the statement period and display options > arrange categories hierarchically in the statement definition. D. Create compensation items > specify the statement period and display options > arrange categories hierarchically in the statement definition > attach items to compensation categories > generate the statement.

Discussion 0

Correct Answer: A Vote an answer

Question 5

As compensation manager, you are creating a Salary and Bonus earnings compensation item to define a total compensation statement. Per system requirements, you must select an appropriate source type to show the correct information on the statement.
Select the correct "Source Type". (Choose the best answer.)

A. Formula B. Benefit Balance C. Salary Basis D. Payroll Element

Discussion 0

Correct Answer: C Vote an answer

Question 6

Contingent workers are ineligible as per the eligibility rules defined for your organization's compensation plan. The compensation plan cycle is started. As is the standard practice, the compensation administrator schedules the "Refresh Workforce Compensation Data" nightly. A worker who was a contingent worker is now an employee of the organization and the next day shows up in Manager's worksheet. How is this possible? (Choose the best answer.)

A. Track Ineligible Workers is selected in the compensation plan. B. Show Ineligible Workers is selected in the compensation plan. C. Hide Ineligible Workers is selected in the compensation plan. D. Process Ineligible Workers is selected in the compensation plan.

Discussion 0

Correct Answer: D Vote an answer

Question 7

A corporation is implementing Oracle Fusion Workforce Compensation and has set up an individual compensation plan for a contribution. This contribution has to be approved by the four members in parallel.
Identify the correct option regarding parallel approvals. (Choose the best answer.)

A. Parallel approvals are supported and can be configured using Static approval groups. Only after all the approvers approve will the process end. B. Parallel approvals are supported by configuring the Application role option in the Resource list builder. Only after all the approvers approve will the process end. C. A parallel approval option is not available and any approval configured is always sequential. D. Parallel approvals are not fully supported, but notifications can be sent to all members in parallel using the list builder resource option and configuring Application Role. However, the first person who claims the notification can approve it, and this ends the process and the other members lose control over the approval of the notification.

Discussion 0

Correct Answer: A Vote an answer

Question 8

As an implementation consultant, you are required to create an element that is applicable only to a set of employees who are in the Production department and who are on weekly payrolls.
What is the correct configuration to meet this requirement? (Choose the best answer.)

A. Create Element Eligibility with the Grade and Position parameters. B. Create Element Eligibility with the Legal Employer and Payroll Statutory Unit parameters. C. Create an element without defining Element Eligibility. D. Create Element Eligibility with the department and specific payroll parameters.

Discussion 0

Correct Answer: B Vote an answer

Question 9

As compensation administrator, you are required to show "Actual amounts paid to the worker" in the Total Compensation Statement. To meet this requirement, which component must be created? (Choose the best answer.)

A. Compensation Item B. Compensation Category C. Compensation Statement Definition D. Compensation Source

Discussion 0

Correct Answer: D Vote an answer

Question 10

What happens if you include ineligible workers on the worksheet? (Choose the best answer.)

A. It displays ineligible workers but managers can allocate compensation, promote workers, and rate worker performance. B. It does not display ineligible workers and managers cannot allocate compensation, promote workers, or rate worker performance. C. It displays ineligible workers but managers cannot allocate compensation, promote workers, or rate worker performance. D. It does not display ineligible workers but managers can allocate compensation, promote workers, or rate worker performance.

Discussion 0

Correct Answer: C Vote an answer

Question 11

Which two tasks are true about components in worksheet configurations? (Choose two.)

A. You can create up to five components to represent the different types of compensation that you want to award within a plan. B. There is the flexibility to add any number of components within a compensation plan. C. Plans must have at least one component if awarding compensation. D. Each component has to be of a separate type, such as salary or bonus.

Discussion 0

Correct Answer: A,C Vote an answer

Question 12

Identify the four components that can be included in a fast formul
a. (Choose four.)

A. Conditions B. Comments C. Input statement D. Output statement E. Symbolic variables F. Assignment statements

Discussion 0

Correct Answer: A,B,C,F Vote an answer

Question 13

While working on a budget sheet or a compensation worksheet, a manager chooses to use the "Export to Excel workbook" option to do his or her work. Which four of the following steps would he or she need to perform upon clicking the "Export to Excel workbook" option and prior to finalizing his or her proposal and submitting it for approval? (Choose four.)

A. Resolve errors created by the uploaded file. B. Filter the edits and upload only the edited fields. C. Edit the workbook data. D. Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file. E. Download and authenticate workbooks. F. Repeat the steps as many times as necessary to accommodate the revisions.

Discussion 0

Correct Answer: A,B,D,E Vote an answer

Oracle Compensation Cloud 2026 Implementation Professional - 1Z0-1049-26 Exam Practice Test