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Oracle 1z1-495 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) Download and authenticate workbooks.
B) Filter the edits and upload only the edited fields.
C) Resolve errors created by the uploaded file.
D) Repeat the steps as many times as necessary to accommodate the revisions.
E) Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
F) Edit the workbook data.

2. Which three dates are mandatory while creating plan cycles?

A) Worksheet Update Period Start Date
B) HR Data Extraction Date
C) Plan Access Start Date
D) Default Due Date
E) Evaluation Period Start Date

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

4. 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 lower-level manager's access level is changed to "Approved."
C) The worksheet goes to next level for approval.
D) The lower-level manager can withdraw the submission and reprocess the compensation allocation.

5. A corporation implemented Oracle Fusion Compensation Management. A salary bas/s has been created and attached to the employee and a compensation cycle has been run. The corporation wants to include a new component as part of the salary basis.
Which three are predefined components?

A) Adjustment due to corrections within the organization
B) Equity adjustment to correct salary compression or inversion
C) Market adjustment due to salary being out of line with the market
D) Regular and automatic adjustment

Solutions: