Oracle Oracle Compensation Cloud 2026 Implementation Professional - 1Z0-1049-26 Valid Dumps

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

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

Oracle Compensation Cloud 2026 Implementation Professional Sample Questions:

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

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


2. As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for Salary, Merit Increase, and so on. Identify one set of values that Compensation Items can hold. (Choose the best answer.)

A) Monetary, Nonmonetary, Timestamp, Text
B) Monetary, Timestamp, Boolean
C) Monetary, Nonmonetary, Date, Text
D) Monetary, Nonmonetary, Date, Boolean


3. As an implementation consultant, you are required to create an element for capturing the bonus awarded in the compensation cycle. Which two statements are correct regarding the input values of the element created? (Choose two.)

A) It is possible to link the same element but different input values to different components or options within the same compensation plan.
B) Element entries are created for all the input values of the element.
C) No additional configuration is required to attach this element to the workforce compensation plan component.
D) You must manually mark the Amount input value as the primary input value in the Special Purpose field.
E) The automatically created Amount input value is identified as the primary input value.


4. Your customer has standard working hours = 40 hours per week. An employee has the following salary basis setup:
Working hours = 32 hours per week
Base pay = 20 USD per hour
What will be the employee's Annual Salary and Annualized full-time salary? (Choose the best answer.)

A) Annual Salary = 32280, Annualization Salary = 52000
B) Annual Salary = 52000, Annualization Salary = 41600
C) Annual Salary = 32280, Annualization Salary = 41600
D) Annual Salary = 41600, Annualization Salary = 41600


5. A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up the following for all employees:
Salary paid based on the grades of employees.
Car allowance paid based on the department and position.
Spot bonus paid based on a committee's decision.
Identify the correct option for the setup. (Choose the best answer.)

A) Set up a salary basis for "Salary" and associate a grade rate matrix and the payroll element to it. Set up individual compensation plans for the car allowance and spot bonus, and restrict the access to line manager and HR specialist respectively. Additionally, add an eligibility profile to the car allowance to restrict it to specific departments and positions.
B) Set up a salary basis for "Salary" and associate a grade rate matrix to it, and add a car allowance and spot bonus as components for the salary basis along with Salary. Attach the required payroll elements to the salary. Have salary validations to restrict access and payment for specific departments and positions.
C) Set up Salary and the spot bonus as two salary bases, because there are no eligibility restrictions. Set up the car allowance as an individual compensation plan. Add the required payroll elements and add eligibility profiles for the car allowance for specific departments and positions.
D) Set up on individual compensation plan with all three options. Add the required payroll elements and add restriction based on eligibility profiles and plan access.


Solutions:

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

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