Oracle 1z0-495 : Oracle Fusion HCM: Compensation 2014 Essentials

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Oracle 1z0-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

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

Question 2

As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for the same. Which four source types are available for selection while creating a compensation item for the total compensation statement?

A. Deduction Range
B. Formula
C. Benefit Balance
D. Input Value
E. Payroll Balance
F. Element Entry

Question 3

Your client's eligibility criteria requiresyou to create user-defined criteria. While creating, you realize that certain fields are available to you. Upon researching you find out that only fields from the following two records and for fields that do not belong to these records fast formula is required.
Which are those two records?

A. Compensation History
B. Legislative Information
C. Person Attributes
D. AssignmentTables

Question 4

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. No Impact. The budget allocated to the employee will automatically be allocated to Manager 3. Budget percentage will remain as 10.
D. Budget allocated for the employee will be released back to the manager for reallocation. Budget percentage will remain unchanged.

Question 5

Your client's compensation plan for employees includes a component that is based on years of service in the organization. If a person completes 10 years in the company, he or she will be eligible for a seniority component and the associated fixed salary amount. What type of eligibility profile you would need to create in order to track work experience of people?

A. Employment-based-eligibility-criteria using length of service
B. Derived-factor-based eligibility criteria using length of service
C. Employment-based eligibility criteria using hire date
D. User-defined-criteria-based eligibility profile using hire date

Solutions: