Exam Code: 1Z0-1049-26
Exam Name: Oracle Compensation Cloud 2026 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Oracle Cloud
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Oracle 1Z0-1049-26 Exam Syllabus Topics:

SectionObjectives
Integration and Data Management- Data loading and import processes
- Integration with Oracle HCM Cloud
Reporting, Analytics, and Modeling- Compensation reporting tools
- What-if modeling and simulation
Workforce Compensation Plan Design- Budgeting and allocation models
- Compensation plans setup and eligibility rules
Compensation Cloud Overview and Configuration- Application architecture and key components
- Security roles and access setup
Compensation Cycle Management- Worksheet configuration and approvals
- Merit, bonus, and stock allocation processes

Oracle Compensation Cloud 2026 Implementation Professional Sample Questions:

Question 1

If you enable Performance Ratings and rate workers within Workforce Compensation, which two statements are true? (Choose two.)

A. The ratings are transferred to the Performance Management system or to HR.
B. You can display compensation ratings given in the previous plan cycle as a column in the worksheet.
C. Managers can rate workers as they allocate compensation.
D. These ratings are used across compensation plan and cycles.


Question 2

Identify the four components that can be included in a fast formul
a. (Choose four.)

A. Input statement
B. Conditions
C. Comments
D. Symbolic variables
E. Output statement
F. Assignment statements


Question 3

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

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


Question 4

Which two tasks are true about components in worksheet configurations? (Choose two.)

A. Each component has to be of a separate type, such as salary or bonus.
B. Plans must have at least one component if awarding compensation.
C. You can create up to five components to represent the different types of compensation that you want to award within a plan.
D. There is the flexibility to add any number of components within a compensation plan.


Question 5

Which alert is advised to be disabled when you are using HCM co-existence between Oracle PeopleSoft HCM and Oracle Fusion Compensation? (Choose the best answer.)

A. Allocation exceeding target
B. Employee termination
C. Leave of Absence
D. Any custom alert


Solutions:

Question 1
Answer: B,C
Question 2
Answer: A,B,C,F
Question 3
Answer: C
Question 4
Answer: B,C
Question 5
Answer: C

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