Oracle 1Z0-1049-26 : Oracle Compensation Cloud 2026 Implementation Professional

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Oracle Compensation Cloud 2026 Implementation Professional Sample Questions:

1. You create a compensation plan and attach a Compensation Performance rating model to it. While the manager is allocating compensation, he specifies a rating for each of the employees under him. Where will the rating specified by the manager be available? (Choose the best answer.)

A) Only within the current compensation plan and the current cycle
B) Only within the current compensation plan and all cycles associated with it
C) To the current compensation plan and HR system
D) To the current compensation plan and the Performance Management system

2. 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.

3. 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) Initiate budgets automatically by using the Start Compensation Cycle process.
B) Request excess budget allocation from the manager above him.
C) Publish the original budgets to all managers, followed by publishing the extra budget to only the manager of the Electronics department.
D) Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.

4. Which four statements are true if you enable Performance Ratings and integrate with Oracle Fusion Performance Management? (Choose four.)

A) You can also display the Performance Rating History column in the worksheet to see historical ratings given in the Performance Management system.
B) You have the option to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.
C) You can display overall and calculated performance ratings given in the Performance Management system and provide access to the full performance document from within the worksheet.
D) You need to refresh the HR data for ratings updated in Performance Management so they are updated in the worksheet.
E) You select the performance template or document name and the period to make available, and whether to display only completed ratings or ratings in any status.

5. Your Workforce Compensation Plan has the following Plan Cycle setup:
Evaluation Period Start Date: 1-Jan-2014
Evaluation Period End Date: 31-Dec-2014
Worksheet Update Period Start Date: 1-Jan-2014
Worksheet Update Period End Date: 31-Dec-2014
HR Data Extraction: 31-Dec-2014
Eligibility Determination Date: 31-Dec-2014
Worksheet Update Period Start Date: 1-Nov-2014
Worksheet Update Period End Date: 31-Jan-2015
Due to reorganization in the month of December 2014, the Marketing department was split into two new departments: Branding and Communications, which resulted in transfers of many employees from one manager to another.
You, as the compensation administrator, are required to ensure that all the relevant organizational changes are included in the Compensation Worksheet. What would you have to do to accomplish this? (Choose the best answer.)

A) Schedule the Refresh Workforce Compensation Data process nightly to ensure that line managers see the most current data, including the recent transfers and other employment changes.
B) Run the Back Out Workforce Compensation Data process with the "Full back out" option.
C) Validate Plan Setup to ensure that all HR Data updates are accounted in the worksheet.
D) Run the Refresh Workforce Compensation Data process on 1-Nov-2014 because that is the date when line managers start updating the worksheet.

Solutions: