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

1Z0-1049-26 real exams

Exam Code: 1Z0-1049-26

Exam Name: Oracle Compensation Cloud 2026 Implementation Professional

Updated: Oct 11, 2026

Q & A: 180 Questions and Answers

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Oracle 1Z0-1049-26 Exam Syllabus Topics:

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

Oracle Compensation Cloud 2026 Implementation Professional Sample Questions:

Question #1

Your customer's company spans multiple countries. It follows a global salary increase process in the month of May and awards bonuses twice a year in the month of June and December for workers who are employed in various countries. As an implementation consultant, you must define Statement Periods for the Compensation Statement. Which three options will you consider? (Choose three.)

  • A. the date that statements become available to workers
  • B. the date when merit increases are awarded to workers
  • C. an optional welcome message
  • D. the conversion rate date for currency conversions
  • E. the date when bonus is awarded to workers
Reveal Solution  Discussion  0

Correct Answer: A,C,E  🗳️

Question #2

What are two attributes of primary element classifications? (Choose two.)

  • A. They are user defined.
  • B. They are globally applicable.
  • C. They are not editable.
  • D. They are predefined.
  • E. They are editable.
Reveal Solution  Discussion  0

Correct Answer: A,C  🗳️

Question #3

When compiling Fast Formula, you receive the error message "Database item PER_ASG_ATTRIBUTE3 must have a DEFAULT statement because it was specified that null or not found is allowed." What is the cause of the error? (Choose the best answer.)

  • A. misuse of context
  • B. uninitialized variable
  • C. syntax error
  • D. incorrect operator usage
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #4

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. Non Monetary Values
  • B. Dates
  • C. more than one nonmonetary unit of measure
  • D. Monetary Values
  • E. Text
Reveal Solution  Discussion  0

Correct Answer: A,B,E  🗳️

Question #5

You are configuring a plan cycle date that should be visible to managers on the Approvals tab so that they can submit their worksheets before that date. But you do not want to enforce the date because you want the managers to be able to submit their worksheets even after the date is past. Which date should you use? (Choose the best answer.)

  • A. currency conversion date
  • B. evaluation period start and end dates
  • C. default date due
  • D. HR extraction date
  • E. worksheet update start and end dates
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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