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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. Per the business requirements, the Fusion consultant must integrate Oracle Fusion Compensation with Oracle Fusion Benefits to fetch the value of Benefits Amount as one of the input values for the Benefit element to get the eligible salary of the employee for the compensation process.
Identify the option that will enable the fetching of Benefits Amount.

A) Create an "Amount" input value at the element eligibility link level.
B) Database items are created by default for the element input values.
C) Select "Pay Separately" as the "Special Purpose" option.
D) Select the "Allow User Entry" and "Create a Database Item" check boxes for the element input value.

2. You are required to explain to your client the use of Hierarchy design in Compensation Process.
Which two Compensation-related activities use Hierarchy?

A) Approval routing
B) Feedback survey
C) Plan access
D) Allocating budgets
E) Sending Compensation alerts

3. As an implementation consultant, you have created compensation items for the total compensation statement but have not attached them to compensation categories.
In this situation, which statement is correct?

A) You can add items to statement definitions directly, and to include Items in statements you must add items to a compensation category.
B) You cannot add items to statement definitions directly, and you cannot add items to a compensation category.
C) You can add items to statement definitions directly.
D) To include items in statements you must add items to a compensation category.

4. 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) Employee X does not appear on any manager's sheet, because he will not be evaluated by the compensation plan.
B) Manager Z, because this is the current manager to whom Employee X is reporting
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

5. 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) The Compensation Administrator or equivalent role is not attached to your plan.
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) 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."

Solutions: