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Oracle 1z0-495 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Plan Configuration | - Eligibility and Profiles - Budgeting and Worksheets |
| Topic 2: Compensation Basics | - Compensation Plan Concepts - Salary and Compensation Components |
| Topic 3: Total Compensation Statements | - Statement Definitions |
Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:
1. You can use predefined alerts to notify managers about issues on the worksheet that need their attention.
Which four predefined alerts are available?
A) Grade changed in HR
B) Job changed in HR
C) Salary changed in HR
D) Allocation outside target range
E) Worker is on long-term leave
F) Worker was terminated
2. Which two methods can be used by the Compensation Administrator to publish budgets?
A) Publish budgets automatically by running the Build Model process.
B) Copy budget amounts from a previous cycle.
C) Publish budgets manually.
D) Use a model to distribute budgets.
3. Which alert is advised to be disabled when you are using HCM co-existence between Oracle PeopleSoft HCM and Oracle Fusion Compensation?
A) Any custom alert
B) Employee termination
C) Allocation exceeding target
D) Leave of Absence
4. Which four options are valid refresh options for the Refresh Data process?
A) Refresh Manager Hierarchy
B) Refresh HR Data
C) Refresh Budget Pools
D) Refresh Base and Eligible Salary
E) Reevaluate Eligibility
F) Refresh Plan Access
G) Refresh Plan Currency
5. Identify the correct option regarding the Payroll element details in the compensation history setup.
A) Any payroll element can be added and all other details are auto-populated excluding the history category.
B) Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated excluding the history category.
C) Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated including the history category.
D) Any payroll element can be added and all other details are auto-populated including the history category.
Solutions:
| Question # 1 Answer: A,D,E,F | Question # 2 Answer: B,D | Question # 3 Answer: B | Question # 4 Answer: B,C,E,F | Question # 5 Answer: C |


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