- Exam Code: 1Z0-1049-26
- Exam Name: Oracle Compensation Cloud 2026 Implementation Professional
- Updated: Aug 11, 2026
- Q & A: 180 Questions and Answers
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| Section | Objectives |
|---|---|
| Elements and Compensation Basics | - Earnings and deductions setup - Element configuration and usage in compensation plans |
| Security and Administration | - Roles and data security for compensation - Access and approval flows |
| Base Compensation Configuration | - Grade, grade step, and salary structure configuration - Salary basis setup |
| Workforce Compensation Implementation | - Compensation plans setup - Eligibility and workforce rules |
| Total Compensation Configuration | - Compensation statements setup - Budgeting and allocation rules |
1. An Organization tracks compensation that is not stored in the Benefit Balance, Element Entry, External Data, and Payroll Balance source types. Which three statements are true about configuring Compensation Items for a Compensation Statement? (Choose three.)
A) Manager ID can be used as Context when implementing the source type for such Items.
B) Currency can be used as Context when implementing the source type for such Items.
C) Person ID can be used as Context when implementing the source type for such Items.
D) Legislative Data Group ID can be used as Context when implementing the source type for such Items.
E) Effective Date can be used as Context when implementing the source type for such Items.
2. As compensation manager, you are creating a Salary and Bonus earnings compensation item to define a total compensation statement. Per system requirements, you must select an appropriate source type to show the correct information on the statement.
Select the correct "Source Type". (Choose the best answer.)
A) Formula
B) Salary Basis
C) Benefit Balance
D) Payroll Element
3. While configuring the Budget page, you enable the "Compensation Performance Rating" column from which section? (Choose the best answer.)
A) Detail table
B) Worker List
C) Actions
D) Summary
E) Information
4. 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 including the history category.
C) Any payroll element can be added and all other details are auto-populated excluding the history category.
D) 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.
5. Which two tasks are performed by compensation managers while determining budgets? (Choose two.)
A) Determine budget amounts offline by downloading budget details to a spreadsheet.
B) With administrative budgeting, enable managers to award compensation within their allocated budget amounts by automatically publishing budget amounts.
C) Manually calculate budget amounts or automatically determine budget amounts by using a model.
D) Publish budgets to line managers to distribute budgets down the reporting hierarchy or to allocate budget amounts at the employee level.
Solutions:
| Question # 1 Answer: B,D,E | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: B,D |
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