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Oracle 1z1-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. While administering compensation for the workforce, Manager X accidentally approves a lower manager's. Which three statements will be true in this case?

A) The lower-level manager can still make changes in the worksheet and resubmit it for approval.
B) The worksheet goes to next level for approval.
C) The lower-level manager can withdraw the submission and reprocess the compensation allocation.
D) The lower-level manager's access level is changed to "Approved."

2. Oracle Fusion Compensation has nine predefined salary components. Your client has a requirement that allow a salary adjustment based on the number of dependants the employee has, and this allowance must be mapped to a separate component. Because this allowance cannot have a logical mapping with any of the predefined components, you decide to create a new salary component called "Family Allowance".
Which option would you use to achieve this?

A) The Compensation Models
B) The Configure Compensation Component task Manager plans
C) The Salary Component Lookup
D) It is not possible to achieve this, because only the delivered salary component can be used

3. A Corporation has implemented Oracle Fusion Compensation for a manufacturing client.
Which is the building block used in the calculation of deductions and exemptions?

A) Deduction range Values
B) Deduction range groups
C) Deduction overrides
D) Deduction ranges

4. Which four options are valid refresh options for the Refresh Data process?

A) Refresh Budget Pools
B) Refresh Base and Eligible Salary
C) Refresh Manager Hierarchy
D) Reevaluate Eligibility
E) Refresh HR Data
F) Refresh Plan Currency
G) Refresh Plan Access

5. As an implementation consultant, you have defined a total compensation statement. You have defined three compensation items (a new hire bonus, a profit sharing bonus, and a quarterly bonus), which are attached to the bonus category. You no longer need the quarterly bonus item but you are unable to delete it.
Which statement is true for the given scenario?

A) The item cannot be deleted, because it is attached to a category.
B) The above scenario does not stand true as the item can be deleted.
C) More than one administrator might be using the item and, therefore, it cannot be deleted.
D) Before deleting the item, you must configure a zero value behavior for the item.

Solutions: