Exam Questions and Answers for 1Z0-1049-26 Study Guide Questions and Answers!
Oracle Compensation Cloud 2026 Implementation Professional Certification Sample Questions and Practice Exam
NEW QUESTION # 77
Your Workforce Compensation Plan has the following Plan Cycle setup:
Evaluation Period Start Date: 1-Jan-2014
Evaluation Period End Date: 31-Dec-2014
Worksheet Update Period Start Date: 1-Jan-2014
Worksheet Update Period End Date: 31-Dec-2014
HR Data Extraction: 31-Dec-2014
Eligibility Determination Date: 31-Dec-2014
Worksheet Update Period Start Date: 1-Nov-2014
Worksheet Update Period End Date: 31-Jan-2015
Due to reorganization in the month of December 2014, the Marketing department was split into two new departments: Branding and Communications, which resulted in transfers of many employees from one manager to another.
You, as the compensation administrator, are required to ensure that all the relevant organizational changes are included in the Compensation Worksheet. What would you have to do to accomplish this? (Choose the best answer.)
- A. Validate Plan Setup to ensure that all HR Data updates are accounted in the worksheet.
- B. Schedule the Refresh Workforce Compensation Data process nightly to ensure that line managers see the most current data, including the recent transfers and other employment changes.
- C. Run the Back Out Workforce Compensation Data process with the "Full back out" option.
- D. Run the Refresh Workforce Compensation Data process on 1-Nov-2014 because that is the date when line managers start updating the worksheet.
Answer: B
NEW QUESTION # 78
Your client's organization is a multi-country organization with headquarters in the US, and managers have direct reports in different countries.
In which three ways can the compensation currency be displayed? (Choose three.)
- A. Preferred currency
- B. The corporate currency
- C. Only one currency can be displayed
- D. Each employee's local currency
Answer: A,B,D
NEW QUESTION # 79
Which two are element classification types? (Choose two.)
- A. US-only
- B. International
- C. Primary
- D. Secondary
- E. Global
Answer: C,D
NEW QUESTION # 80
When initiating an award, what is correct regarding possible workflow tasks? (Choose the best answer.)
- A. You must use VariableAllocationTask and edit the rules if using only for notification.
- B. You must use VariableAllocationFYITask and not VariableAllocationTask.
- C. You must use VariableAllocationTask and not VariableAllocationFYITask.
- D. You may use either VariableAllocationTask and VarialbeAllocationFYITask
Answer: B
NEW QUESTION # 81
The compensation administrator has configured an Annual Salary Review plan that is linked to the performance of employees so that the annual increment amount is based on the rating that an employee has received in the performance evaluation. The percentages are fixed for each of the ratings by using the dynamic column. All the managers have completed updating the worksheet and the information has been transferred to HR by running the Transfer Workforce Compensation Data to HR process.
After this, the compensation administrator realizes that the increment percentages for each of the ratings used in the dynamic column were incorrect. Now each of these incorrect salary records should be deleted and new correct salary record entries should be made for the employees in Manage Salary.
How should you accomplish this? (Choose the best answer.)
- A. Run the Back Out Workforce Compensation Data process, correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Data process, and rerun the same compensation plan. Finally transfer the data to HR.
- B. Change the plan status to Inactivate and create a new compensation plan with correct percentage increase for each of the ratings.
- C. Run the Back Out Workforce Compensation Data process, run the Refresh Workforce Compensation Data process, return the same compensation plan, and then transfer the data to HR.
- D. Run the Back Out Workforce Compensation Data process, correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Data process, and rerun the same compensation plan.
- E. Correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Data process, and return the same compensation plan.
Answer: B
NEW QUESTION # 82
You have created a total compensation statement. However, you are not able to see one of the categories in the summary section on the left pane. What is the reason for this? (Choose the best answer.)
- A. The category does not have a graph defined in it.
- B. The category does not have employer contribution.
- C. The category does not have employee contribution.
- D. The category has been added as a subcategory.
Answer: D
NEW QUESTION # 83
Identify three event-driven configurations that can be changed for the delivered variable allocation approval tasks as per business requirements. (Choose three.)
- A. Notification Settings
- B. Data Driven Routing
- C. Assignment and Routing Policies
- D. Approval and Rejection Policies
- E. Escalation and Expiration Policies
Answer: A,B,C
NEW QUESTION # 84
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. Process Ineligible Workers is selected in the compensation plan.
- B. Show Ineligible Workers is selected in the compensation plan.
- C. Track Ineligible Workers is selected in the compensation plan.
- D. Hide Ineligible Workers is selected in the compensation plan.
Answer: A
NEW QUESTION # 85
Your customer must use Grade Ladders to suit the industry in which it operates. How should you define the Grade Ladders that the customer needs? (Choose the best answer.)
- A. by using steps and rate values
- B. by using LDG-specific Grade Min, Max, and Mid Point rate values
- C. by using Min, Max, and Mid Point rate values
- D. by associating the Grade Ladders with legal entities
Answer: C
NEW QUESTION # 86
You are creating grade rates. What values are necessary for any grade rate that you create? (Choose the best answer.)
- A. Minimum, Maximum, and Value
- B. Minimum, Maximum, Mid Point, or Value
- C. Minimum, Maximum, or Value
- D. Minimum, Maximum, Mid Point, and Value
Answer: C
Explanation:
Generate a warning message when a manager or compensation professional enters a new or adjusted salary that is outside the minimum or maximum values defined for the worker's grade in the grade rate attached to the salary basis.
NEW QUESTION # 87
While configuring the Budget page, you enable the "Compensation Performance Rating" column from which section? (Choose the best answer.)
- A. Detail table
- B. Information
- C. Actions
- D. Summary
- E. Worker List
Answer: A
NEW QUESTION # 88
What is the maximum number and kind of items that you can add when defining a custom category? (Choose the best answer.)
- A. three custom columns
- B. three items
- C. five custom columns
- D. three subcategories
Answer: C
NEW QUESTION # 89
A corporation has implemented Oracle Fusion Workforce Compensation. Per business requirements, the Fusion consultant must integrate Oracle Fusion Workforce Compensation with Oracle Fusion Benefits to fetch the value of Benefits Amount as one of the input values for the Benefit element to get the eligible salary of an employee for the compensation process.
Identify the option that will enable fetching of the Benefits Amount value. (Choose the best answer.)
- A. Select the "Allow User Entry" and "Create a Database Item" check boxes for the element input value.
- B. Create an "Amount" input value at the element eligibility link level.
- C. Database items are created by default for the element input values.
- D. Select "Pay Separately" as the "Special Purpose" option.
Answer: A
NEW QUESTION # 90
Per your client's policy on eligibility for a compensation revision cycle, employees who are in a notice period are not eligible. A particular manager is currently in a notice period, but his direct reports are still eligible for the compensation cycle. You observe that the system allows that manager to administer compensation for his direct reports.
You research this and find out that manager is still allowed to carry out the compensation allocation because his Eligibility Status is _________. (Choose the best answer.)
- A. Provisional
- B. Eligible
- C. Ineligible
- D. Restricted
- E. Limited
Answer: D
NEW QUESTION # 91
Your client is a consumer goods wholesaler. The client's organization has five departments. While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees in that department. In the current year, only the Electronics department has exceeded its sales target.
How would the compensation manager allocate the extra budget to the manager of the Electronics Department? (Choose the best answer.)
- A. Publish the original budgets to all managers, followed by publishing the extra budget to only the manager of the Electronics department.
- B. Initiate budgets automatically by using the Start Compensation Cycle process.
- C. Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.
- D. Request excess budget allocation from the manager above him.
Answer: A
NEW QUESTION # 92
While validating the Workforce Compensation Plan Setup, the compensation administrator encounters the following Warning: "At least one column that adjusts salary is enabled but no components to be posted as salary are selected." What should the compensation administrator do to eliminate this warning? (Choose the best answer.)
- A. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Eligible Salary Column Properties, select Yes for Post as Salary.
- B. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and enable Eligible Salary.
- C. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Percentage of Eligible Salary Column Properties, add an Element.
- D. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Compensation Amount Column Properties, select Yes for Post as Salary.
- E. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and enable Compensation Amount.
Answer: D
NEW QUESTION # 93
You are configuring approvals under the Worksheets task list for an annual workforce compensation plan. Your customer wants the worksheets to be approved by different people other than the hierarchy determined for the plan.
How should you accomplish this? (Choose the best answer.)
- A. Have the customer change the business process because you cannot have different approval hierarchies for the plan and the worksheet.
- B. Create an alternate manager approval hierarchy that overrides the plan hierarchy.
- C. Create an alternate position approval hierarchy that overrides the plan hierarchy.
- D. Create an alternate manager approval hierarchy and replace the plan hierarchy with the created alternate hierarchy.
Answer: C
NEW QUESTION # 94
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