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Oracle 1z0-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. As an implementation consultant, you are defining entry values for an element in the Fusion application.
Which statement about selecting the rules for the element's entry value is true?

A) An element with the Automatic Entry option selected can allow multiple entries in the same period.
B) An element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
C) An element with the Automatic Entry option selected cannot allow multiple entries in the same period.
D) An element with the Automatic Entry option selected can allow multiple entries in the same period, and an element with the Automatic Entry option not selected cannot allow multiple entries in the same period.

2. An administrator of a corporation must generate the compensation statements for the workers to notify them about their compensation details.
Identify the correct role that will give the administrator access to complete the process.

A) Compensation Administrator
B) Compensation Manager
C) HR Specialist
D) Line Manager

3. 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) Database items are created by default for the element input values.
B) Select "Pay Separately" as the "Special Purpose" option.
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.

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) Manager Z, because this is the current manager to whom Employee X is reporting
B) Employee X does not appear on any manager's sheet, because he will not be evaluated by the compensation plan.
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. A corporation is implementing Oracle Fusion Compensation Management and needs to give a spot bonus for a new hire as well as give the same for special recognition for employees.
Identify the correct option that will enable the organization to achieve the desired results.

A) Configure the spot bonus as an individual compensation plan and add "Hire" as an action. Then, after an employee is hired, this plan can be added to employees anytime.
B) Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire," this bonus can be added. Also add "Manage Individual Compensation," which will enable Managers to add it to reportees.
C) Configure the spot bonus as an individual compensation plan and add "All" as an action so that this plan can be added to anyone at any time.
D) Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire," this bonus can be added. Also add "Manage Contributions," which will enable managers to add it to reportees.

Solutions: