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

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Oracle 1Z0-1049-26 Exam Syllabus Topics:

Oracle Compensation Cloud 2026 Implementation Professional Sample Questions:

1. 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 on individual compensation plan with all three options. Add the required payroll elements and add restriction based on eligibility profiles and plan access.
B) 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.
C) 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.
D) 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.

2. Your customer provides compensation such as salary, bonus earnings (paid twice a year), commissions, stock options, and company-paid taxes to its workers. The customer wants you to implement Compensation Statements with graphs. Which three values of the graph column will you exclude? (Choose three.)

A) more than one nonmonetary unit of measure
B) Text
C) Non Monetary Values
D) Monetary Values
E) Dates

3. While working on a budget sheet or a compensation worksheet, a manager chooses to use the "Export to Excel workbook" option to do his or her work. Which four of the following steps would he or she need to perform upon clicking the "Export to Excel workbook" option and prior to finalizing his or her proposal and submitting it for approval? (Choose four.)

A) Repeat the steps as many times as necessary to accommodate the revisions.
B) Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
C) Filter the edits and upload only the edited fields.
D) Resolve errors created by the uploaded file.
E) Download and authenticate workbooks.
F) Edit the workbook data.

4. As an implementation consultant, you have defined a total compensation statement. You have defined three compensation items (a new hire bonus, a profit sharing bonus, and a quarterly bonus), which are attached to the bonus category. You no longer need the quarterly bonus item but you are unable to delete it.
Which statement is true for the given scenario? (Choose the best answer.)

A) The above scenario does not stand true as the item can be deleted.
B) The item cannot be deleted, because it is attached to a category.
C) More than one administrator might be using the item and, therefore, it cannot be deleted.
D) Before deleting the item, you must configure a zero value behavior for the item.

5. You are required to explain to your client the use of Hierarchy design in Compensation Process. Which two Compensation-related activities use Hierarchy? (Choose two.)

A) Allocating budgets
B) Feedback survey
C) Sending Compensation alerts
D) Plan access
E) Approval routing

Solutions: