Exam Code: 1Z0-1049-26
Exam Name: Oracle Compensation Cloud 2026 Implementation Professional
Updated: Jun 20, 2026
Q & A: 180 Questions and Answers
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1. A corporation has implemented Oracle Fusion Workforce Compensation for a manufacturing client. As an implementation consultant, you are required to set up the Deduction elements to capture the employee's personal contributions.
Which four can be categorized as Deduction components corresponding to payroll deduction elements? (Choose four.)
A) Elements
B) Flat amount
C) Deduction group
D) Balance feeds
E) Input values
F) References for calculation factors
G) Wage basis rules
2. Identify three event-driven configurations that can be changed for the delivered variable allocation approval tasks as per business requirements. (Choose three.)
A) Assignment and Routing Policies
B) Approval and Rejection Policies
C) Escalation and Expiration Policies
D) Notification Settings
E) Data Driven Routing
3. Identify the delivered workflow task for variable allocation approvals that has no rules. (Choose the best answer.)
A) VariableContributionTask
B) VariableAllocationFYITask
C) VariableApprovalTask
D) VariableApprovalFYITask
E) VariableAllocationTask
4. An Organization tracks compensation that is not stored in the Benefit Balance, Element Entry, External Data, and Payroll Balance source types. Which three statements are true about configuring Compensation Items for a Compensation Statement? (Choose three.)
A) Manager ID can be used as Context when implementing the source type for such Items.
B) Legislative Data Group ID can be used as Context when implementing the source type for such Items.
C) Effective Date can be used as Context when implementing the source type for such Items.
D) Person ID can be used as Context when implementing the source type for such Items.
E) Currency can be used as Context when implementing the source type for such Items.
5. A corporation needs to set up a compensation plan for a vehicle allowance that will allow different amounts for different types and models of vehicles.
How can you achieve the desired results? (Choose the best answer.)
A) Configure as many compensation plans as there are different types and models, because options cannot have associated eligibility profiles, and use the same payroll element for all of them.
B) Configure one compensation plan and add as many options as three are allowed for vehicle types and models. Define eligibility and associate the same payroll element to all the options such that an employee can use only one option.
C) Configure as many compensation plans as there are allowed types and models of vehicles, because options cannot have eligibility profiles associated, and use different payroll elements for each of them.
D) Configure one compensation plan, add as many options as there are allowed for different types and models. Define eligibility and associate the different payroll elements to all the options such that any payroll element can be associated with only one plan and option.
Solutions:
| Question # 1 Answer: A,C,F,G | Question # 2 Answer: A,D,E | Question # 3 Answer: D | Question # 4 Answer: B,C,E | Question # 5 Answer: D |
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