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Oracle 1z0-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. You are required to explain to your client the use of Hierarchy design in Compensation Process.
Which two Compensation-related activities use Hierarchy?

A) Plan access
B) Feedback survey
C) Approval routing
D) Sending Compensation alerts
E) Allocating budgets

2. A corporation is implementing Oracle Fusion Compensation Management and must set up Compensation history. Identify the three correct options regarding the salary component.

A) The Base rate shown in the salary section is the most recent pay rate.
B) The base rate shown in the previous years is the pay rate on 31 December of each year.
C) The Base rate shown in the salary section is the average of the pay rate for the entire year.
D) The growth rate shown in the details shows both cumulative and average annual salary growth rates.

3. When upper-level managers change the plan access of one or more lower-/eve/ managers, they receive a notification informing them about the change in access. Which option do the/ receive to act on the notification?

A) Reply
B) Dismiss
C) Reject
D) Accept

4. You have created a Compensation Plan and configured the plan details. However, when you try to runthe "Start Compensation Cycle" process, you are not able to see the plan you created in the ilk that appear.
Which three options could be possible reasons for this?

A) The Compensation Administrator or equivalent role is not attached to your plan.
B) Restrict Plan access is set to "NO"; however, the roles that are allowed are not specified.
C) Access to the Compensation Administrator role is restricted in Plan Access.
D) Your user role does not have access to view the plan.
E) Restrict Plan access is set to "YFS" and the Compensation Administrator role is added to the list of roles in "Plan access from Compensation work area."

5. As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for the same. Which four source types are available for selection while creating a compensation item for the total compensation statement?

A) Benefit Balance
B) Deduction Range
C) Payroll Balance
D) Input Value
E) Formula
F) Element Entry

Solutions: