Try and practice the latest Oracle : 1Z0-1049-26 real questions & answers

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Oracle 1Z0-1049-26 Exam Syllabus Topics:

Oracle Compensation Cloud 2026 Implementation Professional Sample Questions:

Question 1

What are two attributes of primary element classifications? (Choose two.)

A. They are globally applicable.
B. They are not editable.
C. They are predefined.
D. They are editable.
E. They are user defined.

Question 2

A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up the following for all employees:
Salary paid based on the grades of employees.
Car allowance paid based on the department and position.
Spot bonus paid based on a committee's decision.
Identify the correct option for the setup. (Choose the best answer.)

A. Set up a salary basis for "Salary" and associate a grade rate matrix and the payroll element to it. Set up individual compensation plans for the car allowance and spot bonus, and restrict the access to line manager and HR specialist respectively. Additionally, add an eligibility profile to the car allowance to restrict it to specific departments and positions.
B. Set up Salary and the spot bonus as two salary bases, because there are no eligibility restrictions. Set up the car allowance as an individual compensation plan. Add the required payroll elements and add eligibility profiles for the car allowance for specific departments and positions.
C. Set up on individual compensation plan with all three options. Add the required payroll elements and add restriction based on eligibility profiles and plan access.
D. Set up a salary basis for "Salary" and associate a grade rate matrix to it, and add a car allowance and spot bonus as components for the salary basis along with Salary. Attach the required payroll elements to the salary. Have salary validations to restrict access and payment for specific departments and positions.

Question 3

Your customer wants to limit contributions to a particular individual compensation plan to workers with at least a year of service. How should you accomplish this? (Choose the best answer.)

A. Create a derived factor, and then create the eligibility profile and plan.
B. Create user-defined criteria, and then create the eligibility profile and plan.
C. Create a relevant eligibility profile and associate it with the plan.
D. Use a fast formula to restrict access to the plan.
E. Create an eligibility profile with the exclude option and associate it with the plan

Question 4

A corporation started giving performance bonuses to eligible employees on a monthly basis. As a compensation administrator, you are required to display performance bonuses with similar or related compensation items.
How will you configure this requirement in the Fusion application? (Choose the best answer.)

A. Attach performance bonuses to similar sources.
B. Attach performance bonuses to similar elements.
C. Attach performance bonuses to similar compensation categories/subcategories.
D. Attach performance bonuses to similar compensation items.

Question 5

A corporation needs to set up a compensation plan for a Housing allowance that will allow the company to grant these allowances to only employees above a particular role.
Identify the option that indicates the correct way of implementing it. (Choose the best answer.)

A. They payroll administrator must add the element to the employees in the specified roles, because this cannot be achieved through configuration.
B. Set up role-based security to the individual compensation work area so that only managers are allowed.
C. Set up access restrictions to the individual compensation plan using the correct HR action so that it can be added only to the specific roles.
D. Set up a salary basis and restrict the eligibility to the required roles.

Solutions: