Oracle 1Z0-1049 Compensation Pro Practice Exam
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Oracle 1Z0-1049 Oracle Compensation Cloud 2022 Implementation Professional
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Start NowAbout the Oracle 1Z0-1049 Compensation Pro Certification
The Oracle 1Z0-1049 Compensation Pro certification is designed for professionals who set up compensation plans, manage workforce rewards, and integrate payroll systems. As technology evolves and industry demands grow more complex; this credential validates your ability to apply real-world skills and knowledge using Oracle tools and frameworks. Earning the certification positions you as a trusted expert, capable of solving high-impact challenges and contributing to secure, scalable, and efficient systems.
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Test Your Knowledge of Oracle 1Z0-1049 Compensation Pro
Question #1
An HR specialist is configuring eligibility profiles for a compensation plan.
Which component defines who qualifies for the plan?
A) Compensation Component
B) Eligibility Profile
C) Plan Type
D) Approval Rule
Solution
Correct answers: B – Explanation:
Eligibility Profile determines which employees qualify. Compensation Component defines payout, Plan Type is structural, Approval Rule is for workflow.
Question #2
A user wants to create a plan that includes multiple components like bonus and stock.
Which configuration supports this?
A) Compensation Plan
B) Component Group
C) Plan Template
D) Compensation Matrix
Solution
Correct answers: A – Explanation:
Compensation Plan can include multiple components. Component Group is not a standard term, Template is for reuse, Matrix is for modeling.
Question #3
An implementer needs to restrict visibility of compensation plans.
Which feature supports this requirement?
A) Security Role
B) Access Group
C) Plan Access Control
D) Compensation Filter
Solution
Correct answers: C – Explanation:
Plan Access Control restricts visibility. Security Role and Access Group are broader, Filter is for data views.
Question #4
A manager wants to approve compensation changes before they are finalized.
Which feature enables this workflow?
A) Approval Rule
B) Compensation Cycle
C) Plan Configuration
D) Eligibility Check
Solution
Correct answers: A – Explanation:
Approval Rule defines the workflow for manager review. Compensation Cycle is timing, Plan Configuration is setup, Eligibility Check is validation.
Question #5
A user wants to model compensation based on performance ratings.
Which feature supports this?
A) Performance Matrix
B) Rating Scale
C) Compensation Matrix
D) Eligibility Profile
Solution
Correct answers: C – Explanation:
Compensation Matrix links ratings to payouts. Performance Matrix is not standard, Rating Scale defines values, Eligibility is for access.
Question #6
An HR admin needs to run a compensation cycle annually.
Which configuration sets the timing?
A) Cycle Frequency
B) Plan Period
C) Compensation Calendar
D) Cycle Schedule
Solution
Correct answers: B – Explanation:
Plan Period defines the timing of the cycle. Cycle Frequency is not a standard term, Calendar and Schedule are broader tools.
Question #7
A user wants to exclude terminated employees from the plan.
Which setting ensures this?
A) Employment Status Filter
B) Eligibility Profile Criteria
C) Compensation Rule
D) Approval Rule
Solution
Correct answers: B – Explanation:
Eligibility Profile Criteria can exclude based on employment status. Filters and Rules are not direct exclusions.
Question #8
An implementer needs to define default values for compensation components.
Which tool supports this?
A) Default Settings
B) Component Template
C) Plan Configuration
D) Compensation Defaults
Solution
Correct answers: B – Explanation:
Eligibility Profile determines which employees qualify. Compensation Component defines payout, Plan Type is structural, Approval Rule is for workflow.
Question #9
A manager wants to view total compensation across all plans.
Which report provides this?
A) Compensation Summary
B) Total Rewards Statement
C) Plan Overview
D) Employee Compensation Report
Solution
Correct answers: B – Explanation:
Total Rewards Statement aggregates all compensation. Summary and Overview are plan-specific, Employee Report is detailed.
Question #10
A user wants to simulate compensation changes before applying them.
Which feature allows this?
A) Modeling
B) Forecasting
C) Simulation Mode
D) Preview Plan
Solution
Correct answers: A – Explanation:
Modeling enables what-if analysis. Forecasting is broader, Simulation Mode and Preview Plan are not standard terms.
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