1Z0-1049-26 by Oracle Actual Free Exam Questions And Answers

Question 1

You are responsible for configuring variable allocations to manage approvals for individual compensation plans. Your company wants to control plan availability by using defaults. What are the default attributes of the actionable Variable Allocation task? (Choose the best answer.)

A. The task applies to all allocations, uses two levels of the Supervisory list builder, and does not require a response from the current approver.

B. The task applies to selected allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver.

C. The task applies to all allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver.

D. The task is only for notification and has no rules.

Discussion 0

Correct Answer: B Vote an answer

Question 2

What are two attributes of primary element classifications? (Choose two.)

A. They are globally applicable.

B. They are not editable.

C. They are editable.

D. They are predefined.

E. They are user defined.

Discussion 0

Correct Answer: B,E Vote an answer

Question 3

As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items? (Choose two.)

A. Compensation items cannot be used across statement definitions.

B. Compensation items need not be mapped to the specific source from which the compensation information is retrieved.

C. Compensation items can be added to statement definitions directly.

D. Compensation items are added to a compensation category to include them in statements.

E. Compensation items are the foundation upon which the Compensation Statement is built.

Discussion 0

Correct Answer: D,E Vote an answer

Question 4

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. Only one currency can be displayed

C. Each employee's local currency

D. The corporate currency

Discussion 0

Correct Answer: A,C,D Vote an answer

Question 5

During the Compensation Review cycle for the year 2014-15, the manager processes his direct reports compensation changes per the model created by him. After making the changes in the worksheet, the manager submits the proposed changes to the next level manager in the hierarchy for approval. What will the Manager status appear as in the workforce compensation area? (Choose the best answer.)

A. Fully Approved

B. In Approvals

C. Work in Progress

D. Submitted

E. Processed

Discussion 0

Correct Answer: D Vote an answer

Question 6

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

A. Plan cycles

B. Performance ratings

C. Models

D. Compensation change statements

E. Components

F. Alerts

Discussion 0

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

Question 7

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 Legal Employer and Payroll Statutory Unit parameters.

B. Create Element Eligibility with the department and specific payroll parameters.

C. Create an element without defining Element Eligibility.

D. Create Element Eligibility with the Grade and Position parameters.

Discussion 0

Correct Answer: A Vote an answer

Question 8

Which two methods can be used by the compensation administrator to publish budgets? (Choose two.)

A. Copy budget amounts from a previous cycle.

B. Use a model to distribute budgets.

C. Publish budgets automatically by running the Build Model process.

D. Publish budgets manually.

Discussion 0

Correct Answer: B,D Vote an answer

Question 9

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. Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.

B. Edit the workbook data.

C. Resolve errors created by the uploaded file.

D. Repeat the steps as many times as necessary to accommodate the revisions.

E. Filter the edits and upload only the edited fields.

F. Download and authenticate workbooks.

Discussion 0

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

Question 10

Identify the list builder that is used in the delivered variable allocation task that appears to all allocations. (Choose the best answer.)

A. Supervisory Hierarchy

B. Dynamic Approval Group

C. Auto Approval

D. Position Hierarchy

E. Static Approval Group

Discussion 0

Correct Answer: D Vote an answer

Question 11

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.

Discussion 0

Correct Answer: A Vote an answer

Question 12

Your customer provides compensation such as salary, bonus earnings (paid twice a year), commissions, stock options, and company-paid taxes to its workers. The customer wants you to implement Compensation Statements with graphs. Which three values of the graph column will you exclude? (Choose three.)

A. Monetary Values

B. Non Monetary Values

C. Text

D. Dates

E. more than one nonmonetary unit of measure

Discussion 0

Correct Answer: B,C,D Vote an answer

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

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