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Oracle 1z0-495 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Compensation Setup and Configuration | - Eligibility Profiles - Manage Compensation Plans - Salary Basis and Grades |
| Topic 2: Reporting and Analysis | - Analytics in Fusion HCM Compensation - Compensation Reporting |
| Topic 3: Compensation Workflows and Approvals | - Approval Rules - Workflow Configuration |
| Topic 4: Salary and Bonus Management | - Salary Administration - Bonus and Incentive Plans |
| Topic 5: Compensation Foundations in Oracle Fusion HCM | - Role of Compensation in HCM Cloud - Overview of Compensation Structures |
Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:
Question 1
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. Legal Employee
B. General
C. Default Value
D. Information
Question 2
What are the two correct options with respect to budgeting when the salary has multiple components?
A. Multiple components cannot have a single budget.
B. Budgets can be separate for each component.
C. Budgets cannot be separate for each component.
D. Multiple components can have a single budget.
Question 3
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. 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.
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. Multiple payroll elements can be attached a salary basis.
D. Payroll elements of any classification type can be attached to a salary basis.
Question 4
Which five tasks can be performed by a compensation manager?
A. Allocate compensation.
B. Determine compensation amounts offline by downloading details to a spreadsheet.
C. Promote and rate worker performance while allocating compensation.
D. Generate company-configured compensation change statements to notify workers of a compensation award, job change, or performance rating assignment.
E. Review and approve work of Superior Manager.
F. Analyze proposed changes for equity among peer groups and by manager, alignment with the market, and pay for performance strategies.
Question 5
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. Filter the edits and upload only the edited fields.
B. Resolve errors created by the uploaded file.
C. Download and authenticate workbooks.
D. Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
E. Edit the workbook data.
F. Repeat the steps as many times as necessary to accommodate the revisions.
Solutions:
| Question 1 Answer: B,D | Question 2 Answer: A,C | Question 3 Answer: D | Question 4 Answer: B,C,D,F | Question 5 Answer: A,B,C,D |
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