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Oracle 1z1-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. As an implementation consultant, you have defined a total compensation statement. You have defined three compensation items (a new hire bonus, a profit sharing bonus, and a quarterly bonus), which are attached to the bonus category. You no longer need the quarterly bonus item but you are unable to delete it.
Which statement is true for the given scenario?

A) The item cannot be deleted, because it is attached to a category.
B) More than one administrator might be using the item and, therefore, it cannot be deleted.
C) Before deleting the item, you must configure a zero value behavior for the item.
D) The above scenario does not stand true as the item can be deleted.

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

3. The Fusion Compensation module must be integrated with Fusion Performance Rating. In which three ways can the performance rating be made available?

A) Integrate with Oracle Fusion Profile Management.
B) Use compensation performance ratings.
C) Integrate with Oracle Fusion Performance Management.
D) Use both Performance Management ratings and compensation ratings.
E) Integrate with Oracle Fusion Goal Management.

4. 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) Information
B) General
C) Default Value
D) Legal Employee

5. A corporation is implementing Oracle Fusion Compensation Management and has set up an Individual Compensation plan for contribution towards a retirement benefit. This contribution must be approved by the four-level manager hierarchy.
Identify all the four builders that support a restriction for the number of levels.

A) Position
B) Resource
C) Supervisory
D) Department Level
E) Job level
F) Management Chain

Solutions: