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Oracle 1z0-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

Question 1

You create a compensation plan and attach a Compensation Performance rating model to it. While the manager is allocating compensation, he specifies a rating for each of the employeesunder him. Where will the rating specified by the manager be available?

A. To the current compensation plan and HR system
B. Only within the current compensation plan and all cycles associated with it
C. Only within the current compensation plan and the current cycle
D. To the current compensation plan and the Performance Management system

Question 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. Dismiss
C. Accept
D. Reject

Question 3

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

Question 4

You are configuring Fusion HCM Compensation Management for a customer. Which three tasks are part of Plan Foundation Configuration Options?

A. Components
B. Alerts
C. Feedback Survey
D. Plan Access
E. Plan Currency

Question 5

You have created a Compensation Plan and configured the plan details. However, when you try to runthe "Start Compensation Cycle" process, you are not able to see the plan you created in the ilk that appear.
Which three options could be possible reasons for this?

A. Restrict Plan access is set to "YFS" and the Compensation Administrator role is added to the list of roles in "Plan access from Compensation work area."
B. Restrict Plan access is set to "NO"; however, the roles that are allowed are not specified.
C. Your user role does not have access to view the plan.
D. The Compensation Administrator or equivalent role is not attached to your plan.
E. Access to the Compensation Administrator role is restricted in Plan Access.

Solutions: