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Oracle 1z0-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

Question 1

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 organization payment level, because the compensation is finally paid through this
B. From the Legislative Data Group level, because that is the highestlevelin the hierarchy
C. From the input value of the payroll element
D. From the Bank account level

Question 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

Question 3

Which three dates are mandatory while creating plan cycles?

A. Default Due Date
B. Evaluation Period Start Date
C. Worksheet Update Period Start Date
D. HR Data Extraction Date
E. Plan Access Start Date

Question 4

A corporation started giving performance bonuses to eligible employees on a monthly basis. As a compensation administrator, you are required to display performance bonuses with similar or related compensation items.
How will you configure this requirement in the Fusion application?

A. Attach performance bonuses to similar compensation categories/subcategories.
B. Attach performance bonuses to similar compensation items.
C. Attach performance bonuses to similar sources.
D. Attach performance bonuses to similar elements.

Question 5

Employee X was hired on 5 March 2014 as a Web Designer and was reporting to Manager Y.
On 10 September 2014, this employee was transferred to Manager Z to work as an Online Campaign designer. The company where Employee X works is doing a compensation cycle for the current year starting 1October 2014. The employee record set up in the plan setting is "Employment terms," while the Legal
Employer of Employee X uses a two-tier model.
On which manager's worksheet does Employee X appear?

A. Manager Z, because this is the current manager to whom Employee X is reporting
B. Employee X does not appear on any manager's sheet, because he will not be evaluated by the compensation plan.
C. Manager Y, because this is the original manager of Employee X
D. Both Manager Y and Manager Z, because he has worked under both of them during the current cycle

Solutions: