Free Practice Oracle 1Z0-1049-24 Exam Questions 2025

Stay ahead with 100% Free Oracle Compensation Cloud 2024 Implementation Professional 1Z0-1049-24 Dumps Practice Questions

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Total 181 Questions | Updated On: Jun 04, 2025

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Question 1

Which four options are valid refresh options for the Refresh Data process? (Choose four.)

A : Refresh HR Data

B : Refresh Base and Eligible Salary

C : Refresh Plan Access

D : Refresh Manager Hierarchy

E : Reevaluate Eligibility

F : Refresh Plan Currency

G : Refresh summary totals

Answer: A,D

Question 2

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 : Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.

C : Initiate budgets automatically by using the Start Compensation Cycle process.

D : Request excess budget allocation from the manager above him.

Answer: A

Question 3

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

A : Compensation Currency Selection

B : Compensation Organization Selection

C : Compensation Item Selection

D : Compensation Person Selection

E : Compensation amounts Selection

Answer: A,C

Question 4

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

A : Position Hierarchy

B : Dynamic Approval Group

C : Static Approval Group

D : Supervisory Hierarchy

E : Auto Approval

Answer: A

Question 5

Your customer awards three types of bonuses to its workers: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. All three bonuses are awarded by using element entries.

How would you configure the Compensation Statement? (Choose the best answer.)

A : Create one Compensation Item as Bonus and specify the source type as Element Entry. Associate the three elements with the Compensation Item.

B : Create three Compensation Items: Joining Bonus, Ad-hoc bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective elements with the respective Items

C : Create one Compensation Category as Bonus and specify the source type as Element Entry. Associate the three elements with the Compensation Category.

D : Create three Compensation Categories: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective Elements with the respective Categories.

Answer: B

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Total 181 Questions | Updated On: Jun 04, 2025

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