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Oracle 1Z0-1049-26 Exam Syllabus Topics:

Section	Objectives
Reporting, Analytics, and Modeling	- Compensation reporting tools - What-if modeling and simulation
Workforce Compensation Plan Design	- Compensation plans setup and eligibility rules - Budgeting and allocation models
Compensation Cycle Management	- Worksheet configuration and approvals - Merit, bonus, and stock allocation processes
Compensation Cloud Overview and Configuration	- Security roles and access setup - Application architecture and key components
Integration and Data Management	- Integration with Oracle HCM Cloud - Data loading and import processes

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Oracle Compensation Cloud 2026 Implementation Professional Sample Questions (Q22-Q27):

NEW QUESTION # 22
An organization uses Compensation Statement for its workers in the UK. One of the categories used in the statement has the display name as One-Time Bonus. As an implementation consultant, you are in the process of configuring a new Compensation Statement for workers in Indi a. You decide to reuse the category for the new Compensation Statement. In the process of configuring the Statement Definition, you update the Compensation Category display name to Annual Bonus. However, when the Compensation Statement for workers in the UK displays, it continues to show the Category display name as One-Time Bonus.
What is the cause for this? (Choose the best answer.)

A. The Compensation Statement Definition synchronization process needs to be run to update the Compensation Category display name in all statement definitions.
B. After the Compensation Statement is generated for workers in India, the Category display name of Annual Bonus will start reflecting in the Compensation Statement of workers in the UK.
C. Workers in the UK need to refresh their statements in order to see the updated display name.
D. The Compensation Category display name is specific to a Statement Definition.

Answer: B

NEW QUESTION # 23
Which three statements are true about individual compensation plans? (Choose three.)

A. Individual compensation plans are not necessary for payment of items such as spot bonus.
B. Individual compensation plans are necessary for payment of items such as spot bonus.
C. Individual compensation plans define compensation that managers can award to individual workers outside of the regular compensation cycle, such as spot bonus or education reimbursement.
D. A user's ability to access or make updates to awards in individual compensation plans may be restricted by the user's association to a Legislative Data Group.
E. Workers are individual compensation plans to manage their own contributions to charitable or savings plans.

Answer: B,C,E

NEW QUESTION # 24
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 as Create: Always allowed; Update: Allowed during a specified period; Discontinuing: Never 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. Make the plan available for all actions in the list with access level for each action Always allowed.
D. 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.

Answer: B

NEW QUESTION # 25
Identify three event-driven configurations that can be changed for the delivered variable allocation approval tasks as per business requirements. (Choose three.)

A. Data Driven Routing
B. Notification Settings
C. Approval and Rejection Policies
D. Escalation and Expiration Policies
E. Assignment and Routing Policies

Answer: A,B,E

NEW QUESTION # 26
Which five tasks can be performed by a compensation manager? (Choose five.)

A. Analyze proposed changes for equity among peer groups and by manager, alignment with the market, and pay for performance strategies.
B. Allocate compensation.
C. Determine compensation amounts offline by downloading details to a spreadsheet.
D. Generate company-configured compensation change statements to notify workers of a compensation award, job change, or performance rating assignment.
E. Review and approve work of Superior Manager.
F. Promote and rate worker performance while allocating compensation.

Answer: A,B,C,D,F

NEW QUESTION # 27
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