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Oracle 1Z0-1049-26 Exam Syllabus Topics:

Oracle Compensation Cloud 2026 Implementation Professional Sample Questions:

1. Identify the four components that can be included in a fast formul
a. (Choose four.)

A) Symbolic variables
B) Conditions
C) Output statement
D) Input statement
E) Assignment statements
F) Comments

2. 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) Effective Date 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) Person ID can be used as Context when implementing the source type for such Items.
D) Currency can be used as Context when implementing the source type for such Items.
E) Manager ID can be used as Context when implementing the source type for such Items.

3. Your client's organization is a multi-country organization with headquarters in the US. All employees are covered under one global compensation plan. However, the managers in each country want to administer compensation in their country's respective currency. How would you enable this feature? (Choose the best answer.)

A) Display the corporate currency.
B) Enable Currency Switching.
C) Set the preferred currency in the worksheet.
D) Use fast formula to display the employee currency using conversion rates.

4. Which four tasks are part of Worksheet Configuration Options? (Choose four.)

A) Models
B) Performance ratings
C) Alerts
D) Components
E) Compensation change statements
F) Plan cycles

5. An organization uses Compensation Statement for its workers in the UK. One of the categories used in the statement has the display name as One-Time Bonus. As an implementation consultant, you are in the process of configuring a new Compensation Statement for workers in Indi a. You decide to reuse the category for the new Compensation Statement. In the process of configuring the Statement Definition, you update the Compensation Category display name to Annual Bonus. However, when the Compensation Statement for workers in the UK displays, it continues to show the Category display name as One-Time Bonus.
What is the cause for this? (Choose the best answer.)

A) Workers in the UK need to refresh their statements in order to see the updated display name.
B) The Compensation Category display name is specific to a Statement Definition.
C) After the Compensation Statement is generated for workers in India, the Category display name of Annual Bonus will start reflecting in the Compensation Statement of workers in the UK.
D) The Compensation Statement Definition synchronization process needs to be run to update the Compensation Category display name in all statement definitions.

Solutions: