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

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Oracle 1Z0-1049-26 Exam Syllabus Topics:

Oracle Compensation Cloud 2026 Implementation Professional Sample Questions:

1. 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) Benefit Balance
B) Formula
C) Salary Basis
D) Payroll Element

2. Identify the delivered workflow task for variable allocation approvals that has no rules. (Choose the best answer.)

A) VariableApprovalTask
B) VariableApprovalFYITask
C) VariableAllocationTask
D) VariableAllocationFYITask
E) VariableContributionTask

3. You are creating grade rates. What values are necessary for any grade rate that you create? (Choose the best answer.)

A) Minimum, Maximum, or Value
B) Minimum, Maximum, Mid Point, and Value
C) Minimum, Maximum, and Value
D) Minimum, Maximum, Mid Point, or Value

4. Performance Ratings are enabled in a compensation plan and a Rating Model is supposed to be created. Which two mandatory tasks are involved in creating the Rating Model? (Choose two.)

A) Create a Rating Level for the rating model.
B) Populate Rating Categories for all rating levels.
C) Create Target Distributions for each of the rating levels.
D) Review points with from and to points entered for the rating level.

5. As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items? (Choose two.)

A) Compensation items need not be mapped to the specific source from which the compensation information is retrieved.
B) Compensation items can be added to statement definitions directly.
C) Compensation items cannot be used across statement definitions.
D) Compensation items are the foundation upon which the Compensation Statement is built.
E) Compensation items are added to a compensation category to include them in statements.

Solutions: