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

Updated: Aug 04, 2026
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Oracle 1Z0-1049-26 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Total Compensation Statements15%- Generate and manage compensation statements
- Define statement definitions and items
Topic 2: Workforce Compensation25%- Plan design, setup and configuration
- Budgets, models, worksheets and cycles
- Validation, batch processes and change statements
- Performance ratings, approvals and administration
Topic 3: Individual Compensation20%- Define and configure individual compensation plans
- Set up approvals, history and eligibility
Topic 4: Elements, Balances, and Formulas15%- Explain element classifications and eligibility
- Configure balances and formulas for compensation
Topic 5: Base Pay Configuration25%- Set up salary basis and components
- Manage grade rates, salary ranges and progression ladders
- Configure compensation zones and base pay structures

Oracle Compensation Cloud 2026 Implementation Professional Sample Questions:

1. While configuring a plan cycle, you have set the Worksheet update start and end dates as 15-Apr-2014 and 31-May-2014, respectively. However, when a manger logs into the workforce compensation area on 5-Apr-2014, he is able to see the active plan, but in read-only mode.
What could be the possible reason for this? (Choose the best answer.)

A) Active plans are always shown in read-only mode until the Worksheet update period starts.
B) Active plans are always shown in read-only mode form the Evaluation period start date, which is always prior to the Worksheet update date.
C) Active plans are always shown in read-only mode from the Plan Access start date, which is generally prior to the Worksheet update date.
D) Active plans are always shown in read-only mode once it is past the eligibility determination date.


2. A corporation has implemented Oracle Fusion Workforce Compensation. The requirement is that Bonus Amount should be given only to the Full-Time Assignment category employees who work on weekly payroll. Additionally, the costing information must be transferred to General Ledger.
Which implementation approach is correct for creating the required element? (Choose the best answer.)

A) creating status processing rules and setting up costing information at the status processing level
B) creating an element eligibility link and setting up costing information at the link level
C) creating an auto-indirect rule and setting up costing information at the auto-indirect level
D) creating an input value and setting up costing information at the input value level


3. Your customer must use Grade Ladders to suit the industry in which it operates. How should you define the Grade Ladders that the customer needs? (Choose the best answer.)

A) by using Min, Max, and Mid Point rate values
B) by using LDG-specific Grade Min, Max, and Mid Point rate values
C) by associating the Grade Ladders with legal entities
D) by using steps and rate values


4. 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) 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.
B) 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.
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) Make the plan available for all actions in the list with access level for each action Always allowed.


5. Performance ratings are enabled in the compensation plan. Which three statements are correct regarding performance ratings? (Choose three.)

A) If you use performance ratings while allocating compensation, you can display the latest ratings to the managers during the compensation cycle.
B) You cannot make completed performance document and corresponding ratings from Oracle Fusion Performance Management available to managers in the compensation worksheet.
C) You can allow managers to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.
D) You can allow managers to enter performance ratings during the compensation cycle to be used only in the compensation plan.


Solutions:

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

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