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Oracle 1z0-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

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

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

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

4. Your client is a consumer goods wholesaler. The client's organization has five departments.
While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees to that department. In the current year, only the Electronics department has exceeded its sales target.
How would the compensation manager allocate the extra budget to the manager of the Electronics Department?

A) Publish the original budget to all managers, followed by publishing the extra budget to only the manager of the Electronics department.
B) Request excess budget allocation from the manager above him.
C) Initiate budgets automatically by using the Start Compensation Cycle process.
D) Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.

5. While working on a budget sheet or a compensation worksheet, a manager chooses to use the "Export to Excel workbook" option to do his or her work. Which four of the following steps would he or she needto perform upon clicking the "Export to Excel workbook" option and prior to finalizing his or her proposaland submitting it for approval?

A) Filter the edits and upload only the edited fields.
B) Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
C) Resolve errors created by the uploaded file.
D) Repeat the steps as many times as necessary to accommodate the revisions.
E) Download and authenticate workbooks.
F) Edit the workbook data.

Solutions: