Oracle Compensation Cloud 2026 Implementation Professional (1Z0-1049-26) Free Practice Test

Question 1

Your client has a requirement where work-at-home assignments are not eligible for an employee compensation revision cycle. To facilitate capturing work-at-home assignment, you have created a custom column and associated a List of Values (LOV) with values "Yes" and "No". Now you wish to create an eligibility profile around this. Which is the correct option? (Choose the best answer.)

A. User-defined-criteria-based eligibility profile on "Work-at-home" and value = "Yes" with exclude option selected

B. User-defined-criteria-based eligibility profile on "Work-at-home" and value = "No" with exclude option selected

C. Derived-factor-based eligibility profile based on the "Work-at-home" column

D. User-defined-criteria-based eligibility profile on "Work-at-home" and value = "Yes" with exclude option deselected

Correct Answer: A

Question 2

As a Fusion implementation consultant, you are configuring Fusion HCM Compensation Management module for a manufacturing client. Which three statements are correct in relation to compensation statement display options? (Choose three.)

A. You cannot hide regions for graphs or descriptions at the statement definition setup level.

B. You cannot include and hide the welcome message at the statement definition setup level.

C. You can hide table columns.

D. You can hide or show the estimated amount indicator at the category setup level.

E. You cannot exclude a category from the statement summary at the category setup level.

F. You can configure display of zero values.

Correct Answer: A,D,F

Question 3

Which two are element classification types? (Choose two.)

A. US-only

B. Secondary

C. Primary

D. International

E. Global

Correct Answer: B,C

Question 4

Your client's organization is a multi-country organization with headquarters in the US, and managers have direct reports in different countries.
In which three ways can the compensation currency be displayed? (Choose three.)

A. The corporate currency

B. Preferred currency

C. Each employee's local currency

D. Only one currency can be displayed

Correct Answer: A,B,C

Question 5

Which five tasks can be performed by a compensation manager? (Choose five.)

A. Analyze proposed changes for equity among peer groups and by manager, alignment with the market, and pay for performance strategies.

B. Determine compensation amounts offline by downloading details to a spreadsheet.

C. Allocate compensation.

D. Generate company-configured compensation change statements to notify workers of a compensation award, job change, or performance rating assignment.

E. Promote and rate worker performance while allocating compensation.

F. Review and approve work of Superior Manager.

Correct Answer: A,B,C,D,E

Question 6

A corporation has set up an individual compensation plan for a contribution towards a retirement benefit. This contribution must be approved by the four-level manager hierarchy.
Identify all the four builders that support a restriction for the number of levels. (Choose four.)

A. Position

B. Management Chain

C. Job Level

D. Resource

E. Department Level

F. Supervisory

Correct Answer: C,D,E,F

Question 7

Identify four correct history categories when setting up compensation history. (Choose four.)

A. Stock

B. Non-Recruiting Payments

C. Salary

D. Recruiting Payments

E. Payroll Elements

F. Other Compensation

Correct Answer: A,B,D,F

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Question 8

While configuring the Budget page, you are setting the properties of the Job column.
Which two sections are available in the properties for the Job column? (Choose two.)

A. Legal Employer

B. Information

C. Default Value

D. General

Correct Answer: C,D

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Oracle Compensation Cloud 2026 Implementation Professional (1Z0-1049-26) Free Practice Test