Oracle Fusion HCM: Compensation 2014 Essentials - 1z0-495 Exam Practice Test
Question 1
While creating a compensation plan, the compensation manager of your client's organization chooses to enable Compensation Change statement, as an implementation consultant, which is the dependantconfiguration that you would advise the compensation manager to platform?
Correct Answer: C
Question 2
While configuring theBudget page, which five tabs are available in Page Layout?
Correct Answer: A,C,E,F,G
Question 3
As compensation administrator, you are required to show "Actual Amounts paid to the worker" in the Total Compensation Statement. To meet this requirement, which component must be created?
Correct Answer: A
Question 4
The manager administering compensation has the option to create budget models to be used to allocate compensation.
Which four options regarding compensation modeling are correct?
Which four options regarding compensation modeling are correct?
Correct Answer: A,D,E,F
Question 5
A corporation implemented Oracle Fusion Compensation Management. A Salary Basis has been created and attached to the workers and a Compensation cycle has been run. The corporation now wants to use a different Grade rate for the salary basis.
Which option is true?
Which option is true?
Correct Answer: A
Question 6
Which three statements are true regarding Plan Cycles?
Correct Answer: B,C,D
Question 7
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?
In this situation, which statement is correct?
Correct Answer: A
Question 8
A corporation is implementing Oracle Fusion Compensation Management. Different currencies are set at the Legislative Data Group level, the Organization payment level, the Bank account level, and the payroll element level.
The currency shown while configuring salary basis comes from which level?
The currency shown while configuring salary basis comes from which level?
Correct Answer: B

