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Oracle 1z0-495 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Total Compensation Statements | - Statement Definitions |
| Topic 2: Compensation Basics | - Compensation Plan Concepts - Salary and Compensation Components |
| Topic 3: Plan Configuration | - Eligibility and Profiles - Budgeting and Worksheets |
Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:
1. 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) Ineligible
B) Eligible
C) Limited
D) Provisional
E) Restricted
2. 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) Accept
C) Dismiss
D) Reject
3. You are configuring Fusion HCM Compensation Management for a customer. Which three tasks are part of Plan Foundation Configuration Options?
A) Feedback Survey
B) Components
C) Plan Access
D) Alerts
E) Plan Currency
4. An administrator of a corporation must generate the compensation statements for the workers to notify them about their compensation details.
Identify the correct role that will give the administrator access to complete the process.
A) Line Manager
B) Compensation Administrator
C) Compensation Manager
D) HR Specialist
5. 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.
A) Set up role-based security to the Individual compensation wor1< area so that only managers are allowed.
B) The payroll administrator must add the element to the employees in the specified roles, because this cannot be achieved through configuration.
C) Set up a salary basis and restrict the eligibility to the required roles.
D) Set up access restrictions to the individual compensation plan using the correct HR act/on so that it can be added only to the specific roles.
Solutions:
| Question # 1 Answer: E | Question # 2 Answer: A | Question # 3 Answer: A,C,E | Question # 4 Answer: D | Question # 5 Answer: B |






