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Oracle 1z1-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

Question 1

Which two methods can be used by the Compensation Administrator to publish budgets?

A. Publish budgets manually.
B. Publish budgets automatically by running the Build Model process.
C. Use a model to distribute budgets.
D. Copy budget amounts from a previous cycle.

Question 2

While configuring the Budget page, you are setting the properties of the job column.
Which two sections are available in the properties for the job column?

A. Default Value
B. Legal Employee
C. Information
D. General

Question 3

Identify the three correct statements for an alternate approver hierarchy.

A. The highest Approval sequence is the final approver.
B. The alternate approver must be a part of the regular plan hierarchy.
C. By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set or sequence of approvers.
D. You can create multiple approvers for the same manager.

Question 4

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

Question 5

A corporation is implementing Oracle Fusion Compensation Management and must set up salary bases. Employees are assigned different grades within the organization and the salaries are dependent on the grades.
What is the correct way to set up the salary bases?

A. Set up different salary bases for different grades with the same payroll element. The frequency of both salary basis and the grade rate should match.
B. Set up different salary bases for different grades and different payroll elements, because the payroll element can be attached to only one salary basis. The frequency of both salary basis and grade rate need not match.
C. Set up different salary bases for different grades and different payroll elements, because the payroll element can be attached to only one salary basis. The frequency of both salary basis and grade rate should match.
D. Set up different salary bases for different grades with the same payroll element. The frequency
of both salary basis and grade rate need not match.

Solutions: