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Oracle 1z0-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. Your client's eligibility criteria requiresyou to create user-defined criteria. While creating, you realize that certain fields are available to you. Upon researching you find out that only fields from the following two records and for fields that do not belong to these records fast formula is required.
Which are those two records?

A) Compensation History
B) AssignmentTables
C) Legislative Information
D) Person Attributes

2. A manager publishes budgets as amounts to the managers reporting to him. The following table shows the allocations made to each direct report (managers) and the total salaries of the employees in their chain.

Now, one of Manager 2's employees with eligible salary of $ 100,000 is reassigned to Manager 3. What will be the impact on Budget Percentage?

A) Budget allocated for the employee will be released back to the manager for reallocation. Budget percentage will remain unchanged.
B) Allocated budget will not change. Budget percentage of Manager 2 will increase to 12.5% and Manager 3 will decrease to 8%.
C) No Impact. The budget allocated to the employee will automatically be allocated to Manager 3. Budget percentage will remain as 10.
D) Allocated budget will not change. Budget percentage of Manager 3 will increase to 12.5% and Manager 2 will decrease to 8%.

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

4. As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for the same. Which four source types are available for selection while creating a compensation item for the total compensation statement?

A) Formula
B) Benefit Balance
C) Payroll Balance
D) Element Entry
E) Deduction Range
F) Input Value

5. Which three statements are true regarding Plan Cycles?

A) All active plans are available to be cross-referenced, even plans with no started cycles.
B) Active plans are available to be cross-referenced, except plans with no started cycles.
C) You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.
D) You can display a target amount or custom score from a previous plan cycle In the current plan cycle.
E) You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.

Solutions: