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Oracle 1z1-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

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) Information
C) General
D) Default Value

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

3. Which three dates are mandatory while creating plan cycles?

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

4. A corporation has implemented Oracle Fusion Compensation Management. A Salary basis has been created to manage employees' salaries. It has a payroll element attached. As part of the Salary changes, when the compensation manager is trying to update the Salary amounts, the same is not reflecting in the payroll elements entries of the employee.
Identify the two possible causes for the issue.

A) Automatic entry is checked for the payroll element used.
B) Automatic entry is checked at the element eligibility link for the payroll element used.
C) No components are defined to handle these salary adjustments.
D) Salary basis is configured to be non-updatable.

5. Performance Ratings is enabled in compensation plan. Which three statements are correct regarding performance ratings?

A) You can allow managers to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.
B) You can allow managers to enter performance ratings during the compensation cycle to be used only in the compensation plan.
C) You cannot make performance ratings and documents completed in Oracle Fusion Performance Management available to managers from the worksheet.
D) If you use performance ratings while allocating compensation, you can display the latest ratings to the managers during the compensation cycle.

Solutions: