Oracle 1z1-495 - Oracle Fusion HCM: Compensation 2014 Essentials

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Oracle 1z1-495 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 all other details are auto-populated including the history category.
B) Any payroll element can be added and all other details are auto-populated excluding 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 the input value of the element must be selected. All other details are auto-populated including the history category.

2. 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) If you use performance ratings while allocating compensation, you can display the latest ratings to the managers during the compensation cycle.
D) You cannot make performance ratings and documents completed in Oracle Fusion Performance Management available to managers from the worksheet.

3. 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) Manager Y, because this is the original manager of Employee X
C) Both Manager Y and Manager Z, because he has worked under both of them during the current cycle
D) Employee X does not appear on any manager's sheet, because he will not be evaluated by the compensation plan.

4. While configuring theBudget page, which five tabs are available in Page Layout?

A) Information
B) Detail table
C) Actions
D) Worker List
E) Budgeting
F) Summary
G) Comments

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

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

Solutions: