Quiz 2026 Oracle 1Z0-1049-26: Oracle Compensation Cloud 2026 Implementation Professional–Reliable Latest Test Notes

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Oracle 1Z0-1049-26 Exam Syllabus Topics:

Section	Weight	Objectives
Topic 1: Base Pay Configuration	25%	- Configure compensation zones and base pay structures - Manage grade rates, salary ranges and progression ladders - Set up salary basis and components
Topic 2: Workforce Compensation	25%	- Budgets, models, worksheets and cycles - Performance ratings, approvals and administration - Validation, batch processes and change statements - Plan design, setup and configuration
Topic 3: Total Compensation Statements	15%	- Define statement definitions and items - Generate and manage compensation statements
Topic 4: Individual Compensation	20%	- Define and configure individual compensation plans - Set up approvals, history and eligibility
Topic 5: Elements, Balances, and Formulas	15%	- Configure balances and formulas for compensation - Explain element classifications and eligibility

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Oracle Compensation Cloud 2026 Implementation Professional Sample Questions (Q39-Q44):

NEW QUESTION # 39
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. You must manually mark the Amount input value as the primary input value in the Special Purpose field.
B. Element entries are created for all the input values of the element.
C. It is possible to link the same element but different input values to different components or options within the same compensation plan.
D. No additional configuration is required to attach this element to the workforce compensation plan component.
E. The automatically created Amount input value is identified as the primary input value.

Answer: D,E

NEW QUESTION # 40
Your client's organization is a multi-country organization with headquarters in the US, and managers have direct reports in different countries.
In which three ways can the compensation currency be displayed? (Choose three.)

A. Preferred currency
B. Each employee's local currency
C. The corporate currency
D. Only one currency can be displayed

Answer: A,B,C

NEW QUESTION # 41
Identify the correct option regarding the Payroll element details in the compensation history setup. (Choose the best answer.)

A. Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated including the history category.
B. Any payroll element can be added and all other details are auto-populated excluding the history category.
C. Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated excluding the history category.
D. Any payroll element can be added and all other details are auto-populated including the history category.

Answer: A

NEW QUESTION # 42
As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items? (Choose two.)

A. Compensation items need not be mapped to the specific source from which the compensation information is retrieved.
B. Compensation items can be added to statement definitions directly.
C. Compensation items are added to a compensation category to include them in statements.
D. Compensation items cannot be used across statement definitions.
E. Compensation items are the foundation upon which the Compensation Statement is built.

Answer: C,E

NEW QUESTION # 43
As a compensation manager, in which four cases would you find an employee newly added to your worksheet? (Choose four.)

A. A loaned employee in your organization returns after assignment completion.
B. An employee transfers into your organization.
C. An intern in your organization gets his place confirmed as an employee.
D. An employee's data has been corrected by HR and it now satisfies the eligibility criteria.
E. An employee leaves an organization.
F. A contingent employee becomes a regular employee.

Answer: A,B,D,F

NEW QUESTION # 44
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