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Oracle 1Z0-1049-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Elements, Balances, and Formulas | 15% | - Configure balances and formulas for compensation - Explain element classifications and eligibility |
| Topic 2: Workforce Compensation | 25% | - Performance ratings, approvals and administration - Plan design, setup and configuration - Validation, batch processes and change statements - Budgets, models, worksheets and cycles |
| Topic 3: 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 4: Total Compensation Statements | 15% | - Generate and manage compensation statements - Define statement definitions and items |
| Topic 5: Individual Compensation | 20% | - Define and configure individual compensation plans - Set up approvals, history and eligibility |
Oracle Compensation Cloud 2026 Implementation Professional Sample Questions:
A compensation manager of a corporation is setting up a new salary basis for the employees.
Which statement is true about payroll elements set up for a salary basis? (Choose the best answer.)
- A. Payroll elements of any classification type can be attached to a salary basis.
- B. Recruiting elements can be linked to multiple salary bases only if they are classified as earnings elements, and they need not be configured to allow multiple entries in the same period.
- C. Multiple payroll elements can be attached a salary basis.
- D. Recruiting elements can be linked to multiple salary bases only if they are classified as earnings elements and configured to allow multiple entries in the same period.
Correct Answer: D 🗳️
A corporation needs to set up a compensation plan for a vehicle allowance that will allow different amounts for different types and models of vehicles.
How can you achieve the desired results? (Choose the best answer.)
- A. Configure one compensation plan, add as many options as there are allowed for different types and models. Define eligibility and associate the different payroll elements to all the options such that any payroll element can be associated with only one plan and option.
- B. Configure one compensation plan and add as many options as three are allowed for vehicle types and models. Define eligibility and associate the same payroll element to all the options such that an employee can use only one option.
- C. Configure as many compensation plans as there are different types and models, because options cannot have associated eligibility profiles, and use the same payroll element for all of them.
- D. Configure as many compensation plans as there are allowed types and models of vehicles, because options cannot have eligibility profiles associated, and use different payroll elements for each of them.
Correct Answer: A 🗳️
A corporation is implementing Oracle Fusion Workforce Compensation and the new salary basis is being created.
For an hourly paid employee, which option is true regarding the Annualization factor in the salary basis? (Choose the best answer.)
- A. The Annualization factor used in a salary basis is only for display purpose. The amount that is paid to the worker is always determined by the sum of all the components of the salary basis multiplied by 12.
- B. For all hourly paid employees, a new salary basis needs to be created and associated that uses a frequency of "Hourly," and the Annualization factor will be the number of hours in a work year.
- C. The Annualization factor used in salary basis is only for display purpose. The amount that is paid to the worker is always determined by the pay period on the payroll linked to worker's assignment.
- D. Whether the employee is paid hourly or not, the Annualization factor is the multiplication factor used to convert base pay at the selected frequency to an annualized amount. So any frequency can be used and the corresponding Annualization factor can be determined.
Correct Answer: A 🗳️
Your client's organization is a multi-country organization with headquarters in the US. All employees are covered under one global compensation plan. However, the managers in each country want to administer compensation in their country's respective currency. How would you enable this feature? (Choose the best answer.)
- A. Use fast formula to display the employee currency using conversion rates.
- B. Enable Currency Switching.
- C. Display the corporate currency.
- D. Set the preferred currency in the worksheet.
Correct Answer: B 🗳️
When a manager clicks the "Prepare in workbook" option, while processing compensation changes, what population would she or he see in the exported Excel spreadsheet? (Choose the best answer.)
- A. Worksheet population
- B. Budget sheet population
- C. The filtered population
- D. Entire organization's population under that manager
- E. Direct Reports
Correct Answer: A 🗳️
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