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Oracle 1z1-495 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Compensation Foundations in Oracle Fusion HCM | - Role of Compensation in HCM Cloud - Overview of Compensation Structures |
| Topic 2: Reporting and Analysis | - Analytics in Fusion HCM Compensation - Compensation Reporting |
| Topic 3: Salary and Bonus Management | - Bonus and Incentive Plans - Salary Administration |
| Topic 4: Compensation Setup and Configuration | - Salary Basis and Grades - Manage Compensation Plans - Eligibility Profiles |
| Topic 5: Compensation Workflows and Approvals | - Workflow Configuration - Approval Rules |
Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:
While working on a budget sheet or a compensation worksheet, a manager chooses to use the "Export to Excel workbook" option to do his or her work. Which four of the following steps would he or she needto perform upon clicking the "Export to Excel workbook" option and prior to finalizing his or her proposaland submitting it for approval?
- A. Edit the workbook data.
- B. Download and authenticate workbooks.
- C. Repeat the steps as many times as necessary to accommodate the revisions.
- D. Filter the edits and upload only the edited fields.
- E. Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
- F. Resolve errors created by the uploaded file.
Correct Answer: B,D,E,F π³οΈ
While administering compensation, the managers in the organization want to first allocate compensation to the outstanding performers with compa-ratio less than 80 and, therefore, want to view only this population. How would you, as a consultant, help the managers achieve this?
- A. This cannot be done once the population is finalized and the compensation cycle is started.
- B. Use the Advanced Filter option in the worksheet to create a custom condition.
- C. Use the sort feature in the worksheet to control this.
- D. Control the population by using eligibility profiles.
Correct Answer: C π³οΈ
While configuring a plan cycle, you have set the Worksheet update start and end dates as 15-Apr2014 and 31-May-2014, respectively. However, when a manager logs into the workforce compensation area on 5-Apr-2014, he is able to see the active plan, but in read-only mode.
What could be the possible reason for this?
- A. Active plans are always shown in read-only mode until the Worksheet update period starts.
- B. Active plans are always shown in read-only mode from the Plan Access start date, which (s generally prior to the Worksheet update date.
- C. Active plans are always shown in read-only mode once it is past the eligibility determination date.
- D. Active plans are always shown in read-only mode from the Evaluation period start date, which is always prior to the Worksheet update date.
Correct Answer: A π³οΈ
Which three statements are true regarding Plan Cycles?
- A. Active plans are available to be cross-referenced, except plans with no started cycles.
- B. You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.
- C. All active plans are available to be cross-referenced, even plans with no started cycles.
- 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.
Correct Answer: B,D,E π³οΈ
The Fusion Compensation module must be integrated with Fusion Performance Rating. In which three ways can the performance rating be made available?
- A. Use both Performance Management ratings and compensation ratings.
- B. Integrate with Oracle Fusion Goal Management.
- C. Use compensation performance ratings.
- D. Integrate with Oracle Fusion Performance Management.
- E. Integrate with Oracle Fusion Profile Management.
Correct Answer: A,C,E π³οΈ
