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Oracle 1z1-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. While configuring theBudget page, which five tabs are available in Page Layout?

A) Actions
B) Worker List
C) Detail table
D) Information
E) Summary
F) Comments
G) Budgeting

2. The manager administering compensation has the option to create budget models to be used to allocate compensation.
Which four options regarding compensation modeling are correct?

A) Modeling enables managers to automatically allocate compensation to employees who meet certain criteria.
B) Managers can use a model created by compensation professionals.
C) Access of a model is limited only to the creator of the model.
D) A model can be shared with the direct reports of the creator.
E) Managers can create their own models and use them.
F) Managers cannot share a model created by them.

3. 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?

A) Information
B) General
C) Legal Employee
D) Default Value

4. As compensation administrator, you are required to show "Actual Amounts paid to the worker" in the Total Compensation Statement. To meet this requirement, which component must be created?

A) Compensation Item
B) Compensation Statement Definition
C) Compensation Category
D) Compensation Source

5. Your client wants you to create a single Compensation Change statement that includes compensation awarded for multiple plans. What would you, as an implementation consultant, advise your client?

A) Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.
B) Create a custom data model that can pull compensation awarded from different plans and display the data using a BI publisher layout.
C) Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.
D) This is possible only in the on-premises model using customization and is not possible inan SaaS instance. Therefore, you would respond accordingly to the client.

Solutions: