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Oracle 1z1-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. A Corporation has implemented Oracle Fusion Compensation for a manufacturing client.
Which is the building block used in the calculation of deductions and exemptions?

A) Deduction range groups
B) Deduction ranges
C) Deduction range Values
D) Deduction overrides

2. When upper-level managers change the plan access of one or more lower-/eve/ managers, they receive a notification informing them about the change in access. Which option do the/ receive to act on the notification?

A) Reply
B) Reject
C) Accept
D) Dismiss

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

4. You create a compensation plan and attach a Compensation Performance rating model to it. While the manager is allocating compensation, he specifies a rating for each of the employeesunder him. Where will the rating specified by the manager be available?

A) To the current compensation plan and HR system
B) To the current compensation plan and the Performance Management system
C) Only within the current compensation plan and all cycles associated with it
D) Only within the current compensation plan and the current cycle

5. You can use predefined alerts to notify managers about issues on the worksheet that need their attention.
Which four predefined alerts are available?

A) Worker was terminated
B) Allocation outside target range
C) Grade changed in HR
D) Salary changed in HR
E) Job changed in HR
F) Worker is on long-term leave

Solutions: