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Oracle 1Z0-1049-26 Exam Syllabus Topics:

Oracle Compensation Cloud 2026 Implementation Professional Sample Questions:

Question 1

A corporation needs to set up a compensation plan for a Housing allowance that will allow the company to grant these allowances to only employees above a particular role.
Identify the option that indicates the correct way of implementing it. (Choose the best answer.)

A. Set up role-based security to the individual compensation work area so that only managers are allowed.
B. They payroll administrator must add the element to the employees in the specified roles, because this cannot be achieved through configuration.
C. Set up access restrictions to the individual compensation plan using the correct HR action so that it can be added only to the specific roles.
D. Set up a salary basis and restrict the eligibility to the required roles.

Question 2

Your customer wants to limit contributions to a particular individual compensation plan to workers with at least a year of service. How should you accomplish this? (Choose the best answer.)

A. Use a fast formula to restrict access to the plan.
B. Create a relevant eligibility profile and associate it with the plan.
C. Create user-defined criteria, and then create the eligibility profile and plan.
D. Create an eligibility profile with the exclude option and associate it with the plan
E. Create a derived factor, and then create the eligibility profile and plan.

Question 3

You have configured a compensation plan to include ratings from the performance management system. For one particular division, the performance ratings have not been finalized and are shown as blank on the compensation worksheet. The manager updates the performance rating while allocating compensation. What happens in this case? (Choose the best answer.)

A. The rating will be available in the Performance document in the performance system.
B. The rating will be available to only the plans where the same manager is involved.
C. The rating will be available to all plans that are currently active.
D. The rating will be available to only the plan where it is updated.

Question 4

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

Question 5

When initiating an award, what is correct regarding possible workflow tasks? (Choose the best answer.)

A. You must use VariableAllocationFYITask and not VariableAllocationTask.
B. You may use either VariableAllocationTask and VarialbeAllocationFYITask
C. You must use VariableAllocationTask and not VariableAllocationFYITask.
D. You must use VariableAllocationTask and edit the rules if using only for notification.

Solutions: