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Oracle Compensation Cloud 2024 Implementation Professional

Oracle
1Z0-1049-24 Exam
Oracle Cloud

Questions & Answers

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Question: 1

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 four active components will be loaded at a time by Integrated Workbook.
C. Only the first five 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.

Answer: C
Explanation:

Question: 2

You client has a requirement that allows a salary adjustment based on the number of dependents
the employee has, and this allowance must be mapped to a separate component. Because this
allowance cannot have a logical mapping with any of the predefined components, you decide to
create a new salary component called “Family Allowance”.

Which option would you use to achieve this? (Choose the best answer.)

A. The Configure Compensation Component task in

Manage plans B. The Salary Component Lookup
C. It is not possible to achieve this, because only the delivered salary components can
be used. D. The Compensation Models

Answer: B
Explanation:

Reference:
https://docs.oracle.com/cd/E60665_01/common/FAIWC/F1477720AN1CD0E.htm#F1477720AN1CD 0E

Question: 3

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Questions & Answers PDF Page 3

Which two statements are true about Base Pay? (Choose two.)

A. For Base Pay earnings elements, eligibility is determined by the salary basis that is assigned to
the worker.
B. You attach elements at various levels in the Salary object hierarchy to create deductions
and earnings that can be processed in a payroll run to calculate Base Pay.
C. You attach a single earnings element to each salary basis to hold Base Pay earnings, and assign
a salary basis to each worker to calculate Base Pay.
D. You enter a salary basis for each worker that becomes the worker’s Base Pay earnings.
E. For Base Pay earnings elements, eligibility is determined by the deduction basis that is assigned
to the worker.

Answer: AC
Explanation:

Reference:
https://docs.oracle.com/cd/E60665_01/common/FAIWC/F1443670AN12C58.htm#F595603AN1468A
https://docs.oracle.com/cd/E37583_01/fusionapps.1116/e20379/F720777AN425A7.htm

Question: 4

Which statement is true regarding elements? (Choose the best answer.)

A. Elements have possibly multiple primary classifications, one secondary classification, and
one subclassification.
B. Elements have one primary classification, one secondary classification, and one
subclassification. C. Elements have possibly multiple primary classifications, possible multiple
secondary classifications, and possibly multiple subclassifications.
D. Elements have one primary classification, possibly multiple secondary classifications, and possibly
multiple subclassifications.
E. Elements have one primary classification, one secondary classification, and possibly multiple
subclassifications.

Answer: E
Explanation:

Subclassifications provide a way to feed balances. Elements can have only one primary and
secondary classification, but multiple subclassifications. You can create subclassifications or use
predefined ones. Once a subclassification is associated with a classification it cannot be associated
with another classification. A subclassification name can be reused under different primary
classifications, but you will have to create separate balance feeds for each subclassification with the
same name.

Question: 5

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Questions & Answers PDF Page 4

A corporation has implemented Oracle Fusion Compensation for a manufacturing client. The
Fusion consultant created a Bonus element with primary classification as Supplemental earning.

What is true about the subclassifications for the created element? (Choose the best answer.)

A. Sub-classifications provide a way to feed elements.

B. Once a sub-classification is associated with a classification, it cannot be associated with
another classification.
C. A sub-classification name cannot be reused under a different primary classification.
D. Elements can have only one sub-classification.

Answer: B
Explanation:

Reference: Subclassifications provide a way to feed balances. Elements can have only one primary and
secondary classification, but multiple subclassifications. You can create subclassifications or use predefined
ones. Once a subclassification is associated with a classification it cannot be associated with another
classification. A subclassification name can be reused under different primary classifications, but you will have
to create separate balance feeds for each subclassification with the same name.

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 2025

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