- Exam Code: 1Z0-1049-26
- Exam Name: Oracle Compensation Cloud 2026 Implementation Professional
- Updated: Aug 21, 2026
- Q & A: 180 Questions and Answers
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| Section | Weight | Objectives |
|---|---|---|
| Base Pay Configuration | 25% | - Configure compensation zones and base pay structures - Set up salary basis and components - Manage grade rates, salary ranges and progression ladders |
| Individual Compensation | 20% | - Define and configure individual compensation plans - Set up approvals, history and eligibility |
| Workforce Compensation | 25% | - Validation, batch processes and change statements - Performance ratings, approvals and administration - Budgets, models, worksheets and cycles - Plan design, setup and configuration |
| Elements, Balances, and Formulas | 15% | - Configure balances and formulas for compensation - Explain element classifications and eligibility |
| Total Compensation Statements | 15% | - Define statement definitions and items - Generate and manage compensation statements |
1. Identify four correct history categories when setting up compensation history. (Choose four.)
A) Other Compensation
B) Salary
C) Non-Recruiting Payments
D) Payroll Elements
E) Stock
F) Recruiting Payments
2. A corporation has set up an individual compensation plan for a contribution towards a retirement benefit. This contribution must be approved by the four-level manager hierarchy.
Identify all the four builders that support a restriction for the number of levels. (Choose four.)
A) Position
B) Job Level
C) Resource
D) Department Level
E) Supervisory
F) Management Chain
3. Your customer has standard working hours = 40 hours per week. An employee has the following salary basis setup:
Working hours = 32 hours per week
Base pay = 20 USD per hour
What will be the employee's Annual Salary and Annualized full-time salary? (Choose the best answer.)
A) Annual Salary = 32280, Annualization Salary = 52000
B) Annual Salary = 32280, Annualization Salary = 41600
C) Annual Salary = 41600, Annualization Salary = 41600
D) Annual Salary = 52000, Annualization Salary = 41600
4. A manager publishes budgets as amounts to the managers reporting to him. The following table shows the allocations made to each direct report (managers) and the total salaries of the employees in their chain.
Now, one of Manager 2's employees with eligible salary of $ 100,000 is reassigned to Manager 3. What will be the impact on Budget Percentage? (Choose the best answer.)
A) No impact. The budget allocated to the employee will automatically be allocated to Manager 3. Budget percentage will remain as 10.
B) Budget allocated for the employee will be released back to the manager for reallocation. Budget percentage will remain unchanged.
C) Allocated budget will not change. Budget percentage of Manager 3 will increase to 12.5% and Manager 2 will decrease to 8%.
D) Allocated budget will not change. Budget percentage of Manager 2 will increase to 12.5% and Manager 3 will decrease to 8%.
5. The Budget Pool Storage Method selected is "Amount." One of the line managers in the organization has twenty employees reporting to him. One of the employees leaves the organization during the compensation cycle.
What will be the effect on the budget allocated to the Line Manager? (Choose the best answer.)
A) The published amounts stay with the manager when workers are reassigned or their eligibility changes.
B) The published budgets is always a percentage of the total budget pool.
C) The published budgets change when a manager's total eligible salary changes, such as when workers eligibility changes.
D) The published budgets change when a manager's total eligible salary changes, such as when workers are reassigned.
Solutions:
| Question # 1 Answer: A,C,E,F | Question # 2 Answer: B,C,D,E | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: A |
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