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Oracle 1z1-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. Which two methods can be used by the Compensation Administrator to publish budgets?

A) Publish budgets automatically by running the Build Model process.
B) Use a model to distribute budgets.
C) Copy budget amounts from a previous cycle.
D) Publish budgets manually.

2. As an implementation consultant, you are required to define the total compensation statement. You are creating the statement definitions for your compensation statement.
Which three statements are true about the statement definitions?

A) The statement definition consists of compensation items added to compensation categories.
B) The statement definition acts as a template and determines the layout and content of the generated statement.
C) Compensation items with sources belonging to different legal employers cannot be added.
D) Multiple legal employers, multiple countries, and multiple currencies cannot be included in one statement.
E) Reusing statement definitions by creating new statement periods and then modifying the definition for subsequent periods is not possible.
F) Edits to compensation categories affect all statement definitions that use that category.

3. Which three statements are true regarding Plan Cycles?

A) You can display a target amount or custom score from a previous plan cycle In the current plan cycle.
B) Active plans are available to be cross-referenced, except plans with no started cycles.
C) You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.
D) You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.
E) All active plans are available to be cross-referenced, even plans with no started cycles.

4. Per your client 5 policy on eligibility for a compensation revision cycle, employees who are in a notice period are not eligible. Manager X is currently in a notice period, but his direct reports are still eligible compensation cycle. You observe that the system allows Manager X to administer compensation for his direct reports.
You research this and find out that Manager X is still allowed to carry out the compensation allocation because his Eligibility Status is_____________.

A) Restricted
B) Ineligible
C) Eligible
D) Limited
E) Provisional

5. The Fusion Compensation module must be integrated with Fusion Performance Rating. In which three ways can the performance rating be made available?

A) Integrate with Oracle Fusion Performance Management.
B) Use both Performance Management ratings and compensation ratings.
C) Integrate with Oracle Fusion Profile Management.
D) Use compensation performance ratings.
E) Integrate with Oracle Fusion Goal Management.

Solutions: