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Oracle 1z1-495 Exam Syllabus Topics:

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. Allocation exceeding target
B. Any custom alert
C. Leave of Absence
D. Employee termination

Question 2

Which two methods can be used by the Compensation Administrator to publish budgets?

A. Publish budgets manually.
B. Publish budgets automatically by running the Build Model process.
C. Copy budget amounts from a previous cycle.
D. Use a model to distribute budgets.

Question 3

You are configuring Fusion HCM Compensation Management for a customer. Which three tasks are part of Plan Foundation Configuration Options?

A. Feedback Survey
B. Components
C. Alerts
D. Plan Currency
E. Plan Access

Question 4

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

Question 5

A corporation is implementing Oracle Fusion Compensation Management and must set up salary bases. Employees are assigned different grades within the organization and the salaries are dependent on the grades.
What is the correct way to set up the salary bases?

A. Set up different salary bases for different grades and different payroll elements, because the payroll element can be attached to only one salary basis. The frequency of both salary basis and grade rate need not match.
B. Set up different salary bases for different grades with the same payroll element. The frequency of both salary basis and the grade rate should match.
C. Set up different salary bases for different grades with the same payroll element. The frequency
of both salary basis and grade rate need not match.
D. Set up different salary bases for different grades and different payroll elements, because the payroll element can be attached to only one salary basis. The frequency of both salary basis and grade rate should match.

Solutions: