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Oracle 1z0-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

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

2. 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 Statement Definition
B) Compensation Item
C) Compensation Source
D) Compensation Category

3. A corporation is implementing Oracle Fusion Compensation Management and needs to set up Compensation history.
Identify the three correct options regarding the various compensations shown in the history.

A) Compensation history displays six categories of compensation.
B) Compensation history automatically retrieves salary and stock-related information. The Recurring payments and other categories have to be added manually.
C) The summary in the compensation history shows the data for only five years.
D) Compensation history shows one-time payments in other compensation and allowances paid regularly in recurring payments.

4. As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items?

A) Compensation items are the foundation upon which the Compensation Statement is built.
B) Compensation items need not be mapped to the specific source from which the compensation information is retrieved.
C) Compensation items can be added to statement definitions directly.
D) Compensation items cannot be used across statement definitions.
E) Compensation items are added to a compensation category to include them in statements.

5. 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) Provisional
D) Limited
E) Restricted

Solutions: