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Oracle 1z0-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. A corporation implemented Fusion Compensation and wants to validate the salaries with the setup. Select the two options that are true about validation setup.

A) Using grade rate validation, approval can be prevented when the new or adjusted salary is outside the range of salary configured in the grade rate attached to salary basis,
B) Using either a formula at the element level or criteria at the element link level, a warning message can be generated when a new or adjusted salary does not pass the configured validation.
C) Using either a formula at the element level or criteria at the element link level, approval can be prevented when the new or adjusted salary does not pass the configured validation.
D) Using grade rate validation, a warning message can be generated when the new or adjusted salary is outside the range of salary configured in the grade rate attached to the salary basis.

2. Which two methods can be used by the Compensation Administrator to publish budgets?

A) Copy budget amounts from a previous cycle.
B) Publish budgets automatically by running the Build Model process.
C) Publish budgets manually.
D) Use a model to distribute budgets.

3. 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 above scenario does not stand true as the item can be deleted.
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 item cannot be deleted, because it is attached to a category.

4. Identify the three correct statements for an alternate approver hierarchy.

A) You can create multiple approvers for the same manager.
B) The highest Approval sequence is the final approver.
C) The alternate approver must be a part of the regular plan hierarchy.
D) By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set or sequence of approvers.

5. While administering compensation for the workforce, Manager X accidentally approves a lower manager's. Which three statements will be true in this case?

A) The lower-level manager can still make changes in the worksheet and resubmit it for approval.
B) The lower-level manager's access level is changed to "Approved."
C) The worksheet goes to next level for approval.
D) The lower-level manager can withdraw the submission and reprocess the compensation allocation.

Solutions: