Exam Name: Oracle Fusion HCM: Compensation 2014 Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Applications
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Oracle 1z0-495 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Compensation Foundations in Oracle Fusion HCM | - Overview of Compensation Structures - Role of Compensation in HCM Cloud |
| Compensation Setup and Configuration | - Eligibility Profiles - Manage Compensation Plans - Salary Basis and Grades |
| Compensation Workflows and Approvals | - Workflow Configuration - Approval Rules |
| Reporting and Analysis | - Analytics in Fusion HCM Compensation - Compensation Reporting |
| Salary and Bonus Management | - Salary Administration - Bonus and Incentive Plans |
Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:
A corporation is implementing Oracle Fusion Compensation Management. Different currencies are set at the Legislative Data Group level, the Organization payment level, the Bank account level, and the payroll element level.
The currency shown while configuring salary basis comes from which level?
- A. From the input value of the payroll element
- B. From the Bank account level
- C. From the organization payment level, because the compensation is finally paid through this
- D. From the Legislative Data Group level, because that is the highestlevelin the hierarchy
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. Filter the edits and upload only the edited fields.
- C. Resolve errors created by the uploaded file.
- D. Repeat the steps as many times as necessary to accommodate the revisions.
- 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.
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
You want to use the Workforce Compensation Budget pool for a workforce compensation plan.
Select the task to be performed, in the correct sequence.
a)Configure the workforce compensation budget pool
b)Configure the workforce compensation plan details
c)Run the Start Compensation plan
d)Create at least one worksheet compensation component and associate the budget pool with it.
- A. Create the workforce compensation plan. Configure the workforce compensation budget pool,Configure the workforce compensation plan details, Create at least one worksheet compensation component and associate the budget pool with it, Run the Start Compensation Cycle process.
- B. Create the workforce compensation plan. Configure the workforce compensation budget pool,Create at least one worksheet compensation component and associate the budget pool with it, Configure the workforce compensation plan details. Run the Start Compensation Cycle process.
- C. Configure the workforce compensation budget pool, Configure the workforce compensation plan details, Run the Start Compensation Cycle process, Create the workforce compensation plan, Create at least one worksheet compensation component and associate the budget pool with it.
- D. Run the Start Compensation Cycle process, Create the workforce compensation plan, Configure the workforce compensation budget pool. Create at least one worksheet compensation component and associate the budget pool with it, Configure the workforce compensation plan details
- E. Create the workforce compensation plan, Configure the workforce compensation plan details. Configure the workforce compensation budget pool, Create at (east one worksheet compensation component and associate the budget pool with it, Run the Start Compensation Cycle process.
Which three dates are mandatory while creating plan cycles?
- A. HR Data Extraction Date
- B. Plan Access Start Date
- C. Default Due Date
- D. Worksheet Update Period Start Date
- E. Evaluation Period Start Date
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