Free Oracle 1Z0-1049 Practice Test & Real Exam Questions

Exam Code/Number: 1Z0-1049
Exam Name/Title: Oracle Compensation Cloud 2019 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Global Human Resources Cloud

Exam Questions: 180
Updated On: May 26, 2026

Question #1

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

A. You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.

B. You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.

C. You can display a target amount or custom score from a previous plan cycle in the current plan cycle.

D. Active plans are available to be cross-referenced, except plans with no started cycles.

E. All active plans are available to be cross-referenced, even plans with no started cycles.

Discussion 0

Correct Answer: A,C,E Vote an answer

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Question #2

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 has been added as a subcategory.

B. The category does not have employer contribution.

C. The category does not have a graph defined in it.

D. The category does not have employee contribution.

Discussion 0

Correct Answer: A Vote an answer

Question #3

A corporation is implementing Oracle Fusion Workforce Compensation and must set up compensation history.
Identify the three correct options regarding the salary component. (Choose three.)

A. The base rate shown in the salary section is the most recent pay rate.

B. The base rate shown in the previous years is the pay rate on 31 December of each year.

C. The growth rate shown in the details shows both cumulative and average annual salary growth rates.

D. The base rate shown in the salary section is the average of the pay rate for the entire year.

Discussion 0

Correct Answer: A,B,C Vote an answer

Question #4

While implementing, you are grouping compensation items and categories for displaying them together.
Therefore, when planning how to group compensation items and categories, you must consider which three options? (Choose three.)

A. Compensation Items

B. Category Type

C. Category Detail

D. Contribution Type and Unit of Measure

E. Statement definitions

F. Level of detail

Discussion 0

Correct Answer: B,D,F Vote an answer

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Question #5

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. Escalation and Expiration Policies

C. Approval and Rejection Policies

D. Assignment and Routing Policies

E. Data Driven Routing

Discussion 0

Correct Answer: A,D,E Vote an answer

Question #6

Your customer wants line managers to be able to access the active workforce compensation plan during the first three months of the Plan period, but not to update it. The evaluation period start and end dates for the plan are January 1 to December 31 of the year.
How should you set this up? (Choose the best answer.)

A. Configure Worksheet update period start and end dates from January 1 to December 31 of the year.

B. Configure Plan access start and end dates from January 1 to March 31 of the year and Worksheet update period start and end dates from April 1 to December 31 of the year.

C. Configure Plan access start and end dates from January 1 to December 31 of the year.

D. Configure Worksheet update period start and end dates from January 1 to March 31 of the year and Plan access start and end dates from April 1 to December 31 of the year.

Discussion 0

Correct Answer: B Vote an answer

Question #7

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

A. They are editable.

B. They are not editable.

C. They are predefined.

D. They are user defined.

E. They are globally applicable.

Discussion 0

Correct Answer: B,D Vote an answer

Question #8

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. Set the preferred currency in the worksheet.

D. Display the corporate currency.

Discussion 0

Correct Answer: B Vote an answer

Question #9

As compensation manager, you are generating a total compensation statement for a corporation. Which two options are mandatory to be used as inputs while generating the total compensation statement? (Choose two.)

A. Statement Definition Name

B. Statement Period

C. Legal Employer

D. Compensation Category

Discussion 0

Correct Answer: B,D Vote an answer

Question #10

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

A. Compensation change statements

B. Models

C. Performance ratings

D. Components

E. Plan cycles

F. Alerts

Discussion 0

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

Question #11

A corporation implemented Oracle Fusion Workforce Compensation. A salary basis has been created and attached to the employee and a compensation cycle has been run. The corporation wants to include a new component as part of the salary basis.
Which three are predefined components? (Choose three.)

A. Market adjustment due to salary being out of line with the market

B. Regular and automatic adjustment

C. Adjustment due to corrections within the organization

D. Equity adjustment to correct salary compression or inversion

Discussion 0

Correct Answer: A,B,D Vote an answer

Question #12

Identify three correct statements about changes in an employee's compensation when the employee's FTE value changes in employment. (Choose three.)

A. If the salary record has the end date after the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.

B. If the salary start date is after the current date (that is, it is a future-dated salary record), the FTE value is fetched as of the salary start date and Annual Salary and Annual FT Salary are calculated by using that value.

C. If the salary record has the end date before the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.

D. If the salary record end date is 31-DEC-4712 (that is, the date is "blank" in the salary UI), the FTE value is fetched as of the current system date and Annual Salary and Annual FT Salary are calculated by using that value.

E. If the salary record end date is the same as the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.

Discussion 0

Correct Answer: D Vote an answer

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