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Oracle 1z1-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. A corporation has implemented Oracle Fusion Compensation Management. A Salary basis has been created to manage employees' salaries. It has a payroll element attached. As part of the Salary changes, when the compensation manager is trying to update the Salary amounts, the same is not reflecting in the payroll elements entries of the employee.
Identify the two possible causes for the issue.

A) Salary basis is configured to be non-updatable.
B) Automatic entry is checked at the element eligibility link for the payroll element used.
C) No components are defined to handle these salary adjustments.
D) Automatic entry is checked for the payroll element used.

2. A compensation manager of a corporation is setting up a new salary basis for the employees. Which statement is true about payroll elements set up for a salary basis?

A) Multiple payroll elements can be attached a salary basis.
B) Recurring elements can be linked to multiple salary bases only if they are classified as earnings elements and configured to allow multiple entries in the same period.
C) Payroll elements of any classification type can be attached to a salary basis.
D) Recurring elements can be linked to multiple salary bases only if they are classified as earnings elements, and they need not be configured to allow multiple entries in the same period.

3. While administering compensation, the managers in the organization want to first allocate compensation to the outstanding performers with compa-ratio less than 80 and, therefore, want to view only this population. How would you, as a consultant, help the managers achieve this?

A) Use the sort feature in the worksheet to control this.
B) Control the population by using eligibility profiles.
C) Use the Advanced Filter option in the worksheet to create a custom condition.
D) This cannot be done once the population is finalized and the compensation cycle is started.

4. Which alert is advised to be disabled when you are using HCM co-existence between Oracle PeopleSoft HCM and Oracle Fusion Compensation?

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

5. While configuring theBudget page, which five tabs are available in Page Layout?

A) Budgeting
B) Summary
C) Comments
D) Information
E) Detail table
F) Worker List
G) Actions

Solutions: