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

  • Exam Code: 1Z0-1049-26
  • Exam Name: Oracle Compensation Cloud 2026 Implementation Professional
  • Updated: Aug 05, 2026
  • Q & A: 180 Questions and Answers

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Oracle 1Z0-1049-26 Exam Syllabus Topics:

SectionObjectives
Topic 1: Workforce Compensation Implementation- Compensation plans setup
- Eligibility and workforce rules
Topic 2: Elements and Compensation Basics- Earnings and deductions setup
- Element configuration and usage in compensation plans
Topic 3: Base Compensation Configuration- Grade, grade step, and salary structure configuration
- Salary basis setup
Topic 4: Security and Administration- Access and approval flows
- Roles and data security for compensation
Topic 5: Total Compensation Configuration- Compensation statements setup
- Budgeting and allocation rules

Oracle Compensation Cloud 2026 Implementation Professional Sample Questions:

1. You are configuring a work-administered individual compensation plan where your workers can enroll in the plan anytime during the year, but can discontinue their contributions only in the month of March each year. How should you achieve this? (Choose the best answer.)

A) Make the plan available for all actions in the list with access level for each action Always allowed.
B) Do not select any additional actions other than Manage Contributions with access level for each action as Create: Always allowed; Update: Never allowed; Discontinuing: Allowed during a specified period.
C) Select specific HR actions such as transfer, promotion, and new hire for the plan with access level for each action allowed during a specific period.
D) Do not select any additional actions other than Manage Contributions with access level as Create: Always allowed; Update: Allowed during a specified period; Discontinuing: Never allowed.


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

A) Compensation Person Selection
B) Compensation Currency Selection
C) Compensation amounts Selection
D) Compensation Organization Selection
E) Compensation Item Selection


3. As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for the same. Which four source types are available for selection while creating a compensation item for the total compensation statement? (Choose four.)

A) Input Value
B) Deduction Range
C) Formula
D) Element Entry
E) Payroll Balance
F) Benefit Balance


4. Which two tasks are performed by compensation managers while determining budgets? (Choose two.)

A) With administrative budgeting, enable managers to award compensation within their allocated budget amounts by automatically publishing budget amounts.
B) Publish budgets to line managers to distribute budgets down the reporting hierarchy or to allocate budget amounts at the employee level.
C) Manually calculate budget amounts or automatically determine budget amounts by using a model.
D) Determine budget amounts offline by downloading budget details to a spreadsheet.


5. While administering compensation for the workforce, a manger accidentally approves a lower manager's worksheet.
Which three statements will be true in this case? (Choose three.)

A) The lower-level manager's access level is changed to "Approved."
B) The lower-level manager can still make changes in the worksheet and resubmit it for approval.
C) The lower-level manager can withdraw the submission and reprocess the compensation allocation.
D) Lower-level managers can no longer make any updates to their worksheets.
E) The worksheet goes to next level for approval.


Solutions:

Question # 1
Answer: B
Question # 2
Answer: A,B
Question # 3
Answer: C,D,E,F
Question # 4
Answer: A,B
Question # 5
Answer: A,C,E

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