Oracle Fusion HCM: Compensation 2014 Essentials : 1z0-495

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Oracle 1z0-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. Identify the correct option regarding the Payroll element details in the compensation history setup.

A) Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated including the history category.
B) Any payroll element can be added and all other details are auto-populated including the history category.
C) Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated excluding the history category.
D) Any payroll element can be added and all other details are auto-populated excluding the history category.

2. A corporation is implementing Oracle Fusion Compensation Management and must set up Compensation history. Identify the three correct options regarding the salary component.

A) The base rate shown in the previous years is the pay rate on 31 December of each year.
B) The Base rate shown in the salary section is the most recent pay rate.
C) The Base rate shown in the salary section is the average of the pay rate for the entire year.
D) The growth rate shown in the details shows both cumulative and average annual salary growth rates.

3. A corporation is implementing Oracle Fusion Compensation Management and needs to set up Compensation history.
Identify the three correct options regarding the various compensations shown in the history.

A) Compensation history shows one-time payments in other compensation and allowances paid regularly in recurring payments.
B) Compensation history automatically retrieves salary and stock-related information. The Recurring payments and other categories have to be added manually.
C) Compensation history displays six categories of compensation.
D) The summary in the compensation history shows the data for only five years.

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

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

Solutions: