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Oracle 1z0-495 Exam Syllabus Topics:

SectionObjectives
Topic 1: Plan Configuration- Budgeting and Worksheets
- Eligibility and Profiles
Topic 2: Total Compensation Statements- Statement Definitions
Topic 3: Compensation Basics- Salary and Compensation Components
- Compensation Plan Concepts

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


2. While creating a compensation plan, the compensation manager of your client's organization chooses to enable Compensation Change statement, as an implementation consultant, which is the dependantconfiguration that you would advise the compensation manager to platform?

A) Configure related components (Configure Worksheet Page Layout: Detail Table tab)
B) Enable Components and create at least one component (Configure Compensation Component)
C) Enable the Communication tab type (Configure Worksheet Page Layout)
D) Enable components and create a component linked to the budget pool (Configure Compensation Components)


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


4. While implementing Oracle Fusion Compensation Management for client XYZ, you are grouping compensation items and categories for displaying them together. Therefore, when planning how to group compensation items and categories, you must consider which three options?

A) Level of detail
B) Category Type
C) Category Detail
D) Statement definitions
E) Compensation Items
F) Contribution Type and Unit of Measure


5. 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.


Solutions:

Question # 1
Answer: A,B,C,D
Question # 2
Answer: B
Question # 3
Answer: A,B,D,E
Question # 4
Answer: A,E,F
Question # 5
Answer: A,B,C

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