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Oracle 1Z0-1049-26 Exam Syllabus Topics:

Oracle Compensation Cloud 2026 Implementation Professional Sample Questions:

1. Which three tasks are part of Plan Foundation Configuration Options? (Choose three.)

A) Plan Currency
B) Plan Access
C) Feedback Survey
D) Alerts
E) Components

2. While configuring the Budget page, which five tabs are available in Page Layout? (Choose five.)

A) Information
B) Worker List
C) Budgeting
D) Detail table
E) Comments
F) Actions
G) Summary

3. During the compensation review cycle, which two actions occur when a manager is allocated a zero or null budget? (Choose two.)

A) The manager does not have access to the plan.
B) The manager can manually allocate some budget for his team.
C) The manager will have read-only access.
D) The available budget becomes negative when the manager makes allocations.

4. As an implementation consultant, you want to override the currency on the item definition. The United States Dollar currency is currently specified on it. This needs to be overridden to the Indian Rupee. What are the two approaches that you should use to override the currency of the compensation item from the United States Dollar to the Indian Rupee? (Choose two.)

A) Define a formula that retrieves compensation and specifies currency as the Indian Rupee.
B) Define the source type as Benefit Balance, which has currency specified in the Indian Rupee.
C) Define a Compensation Statement Definition that includes the item and has currency defined as the Indian Rupee.
D) Define a Category that includes the item and has currency defined as the Indian Rupee.

5. 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) Workers in the UK need to refresh their statements in order to see the updated display name.
C) The Compensation Category display name is specific to a Statement Definition.
D) 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.

Solutions: