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Oracle 1z1-495 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Compensation Basics | - Compensation Plan Concepts - Salary and Compensation Components |
| Plan Configuration | - Eligibility and Profiles - Budgeting and Worksheets |
| Total Compensation Statements | - Statement Definitions |
Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:
Question 1
Which alert is advised to be disabled when you are using HCM co-existence between Oracle PeopleSoft HCM and Oracle Fusion Compensation?
A. Employee termination
B. Any custom alert
C. Allocation exceeding target
D. Leave of Absence
Question 2
The manager administering compensation has the option to create budget models to be used to allocate compensation.
Which four options regarding compensation modeling are correct?
A. A model can be shared with the direct reports of the creator.
B. Managers can create their own models and use them.
C. Managers cannot share a model created by them.
D. Modeling enables managers to automatically allocate compensation to employees who meet certain criteria.
E. Managers can use a model created by compensation professionals.
F. Access of a model is limited only to the creator of the model.
Question 3
You can use predefined alerts to notify managers about issues on the worksheet that need their attention.
Which four predefined alerts are available?
A. Job changed in HR
B. Salary changed in HR
C. Worker is on long-term leave
D. Grade changed in HR
E. Allocation outside target range
F. Worker was terminated
Question 4
When upper-level managers change the plan access of one or more lower-/eve/ managers, they receive a notification informing them about the change in access. Which option do the/ receive to act on the notification?
A. Accept
B. Dismiss
C. Reply
D. Reject
Question 5
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
Solutions:
| Question 1 Answer: A | Question 2 Answer: A,C,D,E | Question 3 Answer: C,D,E,F | Question 4 Answer: C | Question 5 Answer: C,D,E,F |
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