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Oracle 1z0-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

Question 1

A manager publishes budgets as amounts to the managers reporting to him. The following table shows the allocations made to each direct report (managers) and the total salaries of the employees in their chain.

Now, one of Manager 2's employees with eligible salary of $ 100,000 is reassigned to Manager 3. What will be the impact on Budget Percentage?

A. Allocated budget will not change. Budget percentage of Manager 2 will increase to 12.5% and Manager 3 will decrease to 8%.
B. Allocated budget will not change. Budget percentage of Manager 3 will increase to 12.5% and Manager 2 will decrease to 8%.
C. Budget allocated for the employee will be released back to the manager for reallocation. Budget percentage will remain unchanged.
D. No Impact. The budget allocated to the employee will automatically be allocated to Manager 3. Budget percentage will remain as 10.

Question 2

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 previous years is the pay rate on 31 December of each year.
C. The Base rate shown in the salary section is the most recent pay rate.
D. The Base rate shown in the salary section is the average of the pay rate for the entire year.

Question 3

A corporation is implementing Oracle Fusion Compensation Management and has set up an Individual Compensation plan for contribution towards a retirement benefit. This contribution must be approved by the four-level manager hierarchy.
Identify all the four builders that support a restriction for the number of levels.

A. Department Level
B. Supervisory
C. Job level
D. Position
E. Management Chain
F. Resource

Question 4

A corporation has implemented Oracle Fusion Compensation Management. A Salary basis has been created to manage employees' salaries. It has a payroll element attached. As part of the Salary changes, when the compensation manager is trying to update the Salary amounts, the same is not reflecting in the payroll elements entries of the employee.
Identify the two possible causes for the issue.

A. Automatic entry is checked for the payroll element used.
B. Automatic entry is checked at the element eligibility link for the payroll element used.
C. No components are defined to handle these salary adjustments.
D. Salary basis is configured to be non-updatable.

Question 5

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

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

Solutions: