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Oracle 1z1-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. As an implementation consultant, you have created compensation items for the total compensation statement but have not attached them to compensation categories.
In this situation, which statement is correct?

A) You cannot add items to statement definitions directly, and you cannot add items to a compensation category.
B) To include items in statements you must add items to a compensation category.
C) You can add items to statement definitions directly.
D) You can add items to statement definitions directly, and to include Items in statements you must add items to a compensation category.

2. 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's access level is changed to "Approved."
B) The lower-level manager can withdraw the submission and reprocess the compensation allocation.
C) The lower-level manager can still make changes in the worksheet and resubmit it for approval.
D) The worksheet goes to next level for approval.

3. You create a compensation plan and attach a Compensation Performance rating model to it. While the manager is allocating compensation, he specifies a rating for each of the employeesunder him. Where will the rating specified by the manager be available?

A) Only within the current compensation plan and all cycles associated with it
B) To the current compensation plan and the Performance Management system
C) To the current compensation plan and HR system
D) Only within the current compensation plan and the current cycle

4. Which three statements are true regarding Plan Cycles?

A) You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.
B) Active plans are available to be cross-referenced, except plans with no started cycles.
C) You can display a target amount or custom score from a previous plan cycle In the current plan cycle.
D) All active plans are available to be cross-referenced, even plans with no started cycles.
E) You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.

5. What happens when you define Workforce Compensation Plan components but the employee to whom the compensation change is being administered does not have ant component in this or her salary?

A) The component adjustment is not posted as a salary adjustment to the employee's record. While designing the compensation plan, it has to be kept in mind that plan components must have a direct mapping with the employee's salary components.
B) The sum of all components identified to be posted as single salary adjustment amount to the employee salary record.
C) The first component is automatically mapped to the salary and amount associated with this component is posted as a salary adjustment to the employee record.

Solutions: