Oracle Compensation Cloud 2026 Implementation Professional - 1Z0-1049-26 FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 1

Which three statements are true regarding plan cycles? (Choose three.)

A. Active plans are available to be cross-referenced, except plans with no started cycles. B. All active plans are available to be cross-referenced, even plans with no started cycles. C. You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle. D. You can display a target amount or custom score from a previous plan cycle in the current plan cycle. E. You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.

Discussion 0

Correct Answer: B,C,D Vote an answer

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Question 2

An employee of a corporation is on a weekly payroll with an hourly rate of 20 USD. Identify the correct option for the frequency shown in the base rate of compensation history. (Choose the best answer.)

A. the frequency of the employee's salary basis B. weekly, because the employee is on a weekly payroll C. hourly, because the employee has hourly pay D. annually, because the history must always be shown with annual amounts

Discussion 0

Correct Answer: B Vote an answer

Question 3

A corporation has implemented Oracle Fusion Workforce Compensation. The consultant must now create an element eligibility link for an Earnings element.
While creating the element eligibility link, which three options can be set up in the element eligibility work area? (Choose three.)

A. costing B. auto indirect rules C. input values D. status processing rules E. retroactive components F. general information

Discussion 0

Correct Answer: A,B,C Vote an answer

Question 4

As a compensation manager, in which four cases would you find an employee newly added to your worksheet? (Choose four.)

A. An intern in your organization gets his place confirmed as an employee. B. An employee leaves an organization. C. An employee transfers into your organization. D. A contingent employee becomes a regular employee. E. An employee's data has been corrected by HR and it now satisfies the eligibility criteria. F. A loaned employee in your organization returns after assignment completion.

Discussion 0

Correct Answer: C,D,E,F Vote an answer

Question 5

A corporation has implemented Oracle Fusion Workforce Compensation. A Salary basis has been created to manage employees' salaries. It has a payroll element attached. As part of the Salary changes, when the compensation manager is trying to update the Salary amounts, the same is not reflecting in the payroll elements entries of the employee.
Identify the two possible causes for the issue. (Choose two.)

A. Automatic entry is checked at the element eligibility link for the payroll element used. B. Salary basis is configured to be non-updatable. C. Automatic entry is checked for the payroll element used. D. No components are defined to handle these salary adjustments.

Discussion 0

Correct Answer: B,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. Show Ineligible Workers is selected in the compensation plan. B. Track 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

Identify the delivered workflow task for variable allocation approvals that has no rules. (Choose the best answer.)

A. VariableAllocationFYITask B. VariableApprovalFYITask C. VariableApprovalTask D. VariableAllocationTask E. VariableContributionTask

Discussion 0

Correct Answer: B Vote an answer

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Question 8

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

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

Discussion 0

Correct Answer: A,B,D Vote an answer

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Question 9

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. Derived -factor-based eligibility criteria using length of service B. User-defined-criteria-based eligibility profile using hire date C. Employment-based eligibility criteria suing hire date D. Employment-based-eligibility-criteria using length of service

Discussion 0

Correct Answer: D Vote an answer

Question 10

A corporation implemented Fusion Compensation and must run a compensation cycle. The corporation has seven different active components in the salary basis. Salaries of all the employees must be updated in bulk mode.
Which statement is true about the bulk update using Integrated Workbook? (Choose the best answer.)

A. Integrated Workbook can be used to update all the seven components. B. Only the first five active components will be loaded at a time by Integrated Workbook. C. Only the first four active components will be loaded at a time by Integrated Workbook. D. Only the first six active components will be loaded at a time by Integrated Workbook.

Discussion 0

Correct Answer: B Vote an answer

Question 11

A corporation has implemented Oracle Fusion Workforce Compensation. Oracle Fusion Supplemental Earning Elements must now be created to capture ad hoc payments for eligible workforce.
Which two statements are true about element eligibility criteria for such elements? (Choose two.)

A. You can define multiple eligibility criteria for each element, but there must not be any overlap between them. B. You can define multiple eligibility criteria for each element, but there must be an overlap between them. C. You cannot define multiple eligibility criteria for each element in any case. D. Some element eligibility criteria may not be available, depending on the level at which the element is attached.

Discussion 0

Correct Answer: A,C Vote an answer

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Question 12

Identify the two valid formula types applicable for Workforce Compensation Plans. (Choose two.)

A. Compensation Organization Selection B. Compensation Item Selection C. Compensation amounts Selection D. Compensation Person Selection E. Compensation Currency Selection

Discussion 0

Correct Answer: D,E Vote an answer

Question 13

Which four tasks are part of Worksheet Configuration Options? (Choose four.)

A. Plan cycles B. Compensation change statements C. Alerts D. Components E. Performance ratings F. Models

Discussion 0

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