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Oracle 1z0-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. You are required to explain to your client the use of Hierarchy design in Compensation Process.
Which two Compensation-related activities use Hierarchy?

A) Sending Compensation alerts
B) Feedback survey
C) Approval routing
D) Plan access
E) Allocating budgets

2. Which two tasks are true about components in worksheet configurations?

A) Each component has to be of a separate type, such as salary or bonus.
B) Plans must have at least one component if awarding compensation.
C) You can create up to five components to represent the different types of compensation that you want to award within a plan.
D) There is the flexibility to add any number of components within a compensation plan.

3. The Budget Pool Storage Method selected is "Amount". One of the line managers in the organization has twenty employees reporting to him. One of the employees leaves the organization during the compensation cycle.
What will be the effect on the budget allocated to the Line Manager?

A) The published amount stay with the manager when workers are reassigned or their eligibility changes.
B) The published budget is always a percentage of the total budget pool.
C) The published budgets change when a manager's total eligible salary changes, such as when workers eligibility changes.
D) The published budget change when a manager's total eligible salary changes, such as when workers are reassigned.

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

5. A corporation has implemented Oracle Fusion Compensation for a manufacturing client. The Fusion consultant must create an element eligibility link for an Earnings element.
While creating the element eligibility link, which three options can be set up in the element eligibility work area?

A) Costing
B) Retroactive components
C) Input values
D) Status processing rules
E) General information
F) Auto indirect rules

Solutions: