Oracle 1z0-495 - Oracle Fusion HCM: Compensation 2014 Essentials

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Oracle 1z0-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. An administrator of a corporation must generate the compensation statements for the workers to notify them about their compensation details.
Identify the correct role that will give the administrator access to complete the process.

A) HR Specialist
B) Compensation Manager
C) Line Manager
D) Compensation Administrator

2. As compensation administrator, you are required to show "Actual Amounts paid to the worker" in the Total Compensation Statement. To meet this requirement, which component must be created?

A) Compensation Source
B) Compensation Category
C) Compensation Item
D) Compensation Statement Definition

3. 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.

4. You have created a Compensation Plan and configured the plan details. However, when you try to runthe "Start Compensation Cycle" process, you are not able to see the plan you created in the ilk that appear.
Which three options could be possible reasons for this?

A) Restrict Plan access is set to "YFS" and the Compensation Administrator role is added to the list of roles in "Plan access from Compensation work area."
B) Your user role does not have access to view the plan.
C) Restrict Plan access is set to "NO"; however, the roles that are allowed are not specified.
D) Access to the Compensation Administrator role is restricted in Plan Access.
E) The Compensation Administrator or equivalent role is not attached to your plan.

5. As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items?

A) Compensation items need not be mapped to the specific source from which the compensation information is retrieved.
B) Compensation items are the foundation upon which the Compensation Statement is built.
C) Compensation items cannot be used across statement definitions.
D) Compensation items can be added to statement definitions directly.
E) Compensation items are added to a compensation category to include them in statements.

Solutions: