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Oracle 1Z0-1049-26 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Compensation Cycle Management | - Merit, bonus, and stock allocation processes - Worksheet configuration and approvals |
| Reporting, Analytics, and Modeling | - What-if modeling and simulation - Compensation reporting tools |
| Compensation Cloud Overview and Configuration | - Security roles and access setup - Application architecture and key components |
| Workforce Compensation Plan Design | - Budgeting and allocation models - Compensation plans setup and eligibility rules |
| Integration and Data Management | - Data loading and import processes - Integration with Oracle HCM Cloud |
Oracle Compensation Cloud 2026 Implementation Professional Sample Questions:
A corporation has implemented Oracle Fusion Workforce Compensation and set up an individual compensation plan with the following details.
Name: Variable component
Restrict plan access: Yes
Action: Manage Contributions
Access Level: New
Allocations: Always Allow
Update Allocations: Never Allow
Discontinue Allocations: "Allowed during a specific period" with the period start and end dates configured.
Identify the correct option for the possible actions. (Choose the best answer.)
- A. The plan setup is always for HR to take actions and, therefore, only HR will be able to start the contribution anytime, update never, but discontinue during the period defined for any specific employee.
- B. Only managers will be able to start the contribution anytime, update never, but discontinue during the period defined for any specific employee by using the manager dashboard.
- C. All Employees will be able to start the contribution anytime, update never, but discontinue during the period defined.
- D. The contribution will be automatically added to all the employees in the payroll and HR can discontinue allocations on a request basis.
Correct Answer: C 🗳️
While administering compensation for the workforce, a manger accidentally approves a lower manager's worksheet.
Which three statements will be true in this case? (Choose three.)
- A. The lower-level manager can still make changes in the worksheet and resubmit it for approval.
- B. Lower-level managers can no longer make any updates to their worksheets.
- C. The lower-level manager's access level is changed to "Approved."
- D. The worksheet goes to next level for approval.
- E. The lower-level manager can withdraw the submission and reprocess the compensation allocation.
Correct Answer: C,D,E 🗳️
In the workforce compensation work area, the Manager's Worksheet Status is "In Approvals". What progress has the compensation manager made through a workforce compensation cycle? (Choose the best answer.)
- A. The manager submitted his or her worksheet for approval.
- B. The first-level manager approved the manager's worksheet.
- C. The highest-level manager or approver in the approval hierarchy approved the manager's worksheet.
- D. The manager saved some changes to his or her worksheet.
- E. A budget was published to the manager.
Correct Answer: B 🗳️
Your client is a consumer goods wholesaler. The client's organization has five departments. While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees in that department. In the current year, only the Electronics department has exceeded its sales target.
How would the compensation manager allocate the extra budget to the manager of the Electronics Department? (Choose the best answer.)
- A. Request excess budget allocation from the manager above him.
- B. Initiate budgets automatically by using the Start Compensation Cycle process.
- C. Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.
- D. Publish the original budgets to all managers, followed by publishing the extra budget to only the manager of the Electronics department.
Correct Answer: D 🗳️
When a manager clicks the "Prepare in workbook" option, while processing compensation changes, what population would she or he see in the exported Excel spreadsheet? (Choose the best answer.)
- A. Worksheet population
- B. The filtered population
- C. Entire organization's population under that manager
- D. Budget sheet population
- E. Direct Reports
Correct Answer: A 🗳️
Corey 
Norma 
Ian 
Gill 
Molly 
Blithe 
Victoria 
Colbert 
Albert 
Lindsay 
Una 
Baird 
Fitzgerald 
Chester 
