Oracle 1z1-495 Actual Tests : Oracle Fusion HCM: Compensation 2014 Essentials

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Oracle 1z1-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

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

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

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

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

4. What are the two correct options with respect to budgeting when the salary has multiple components?

A) Budgets can be separate for each component.
B) Budgets cannot be separate for each component.
C) Multiple components cannot have a single budget.
D) Multiple components can have a single budget.

5. Which five tasks can be performed by a compensation manager?

A) Allocate compensation.
B) Generate company-configured compensation change statements to notify workers of a compensation award, job change, or performance rating assignment.
C) Promote and rate worker performance while allocating compensation.
D) Review and approve work of Superior Manager.
E) Determine compensation amounts offline by downloading details to a spreadsheet.
F) Analyze proposed changes for equity among peer groups and by manager, alignment with the market, and pay for performance strategies.

Solutions: