Oracle 1z0-495 Questions & Answers - in .pdf
- Total Q&A: 71
- Update: Sep 15, 2026
- Price: $59.99
- Vendor: Oracle
- Exam Code: 1z0-495
- Exam Name: Oracle Fusion HCM: Compensation 2014 Essentials
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Oracle 1z0-495 Q&A - Testing Engine
- Total Q&A: 71
- Update: Sep 15, 2026
- Price: $59.99
- Vendor: Oracle
- Exam Code: 1z0-495
- Exam Name: Oracle Fusion HCM: Compensation 2014 Essentials
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Oracle 1z0-495 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Fusion HCM: Compensation 2014 Essentials |
| Exam Number: | 1Z0-495 |
| Real Exam Qty: | 71 |
| Exam Format: | Multiple choice |
| Sample Questions: | Oracle 1z0-495 Sample Questions |
Oracle 1z0-495 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Compensation Basics | - Salary and Compensation Components - Compensation Plan Concepts |
| Topic 2: Total Compensation Statements | - Statement Definitions |
| Topic 3: Plan Configuration | - Eligibility and Profiles - Budgeting and Worksheets |
Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:
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?
A. Enable components and create a component linked to the budget pool (Configure Compensation Components)
B. Enable the Communication tab type (Configure Worksheet Page Layout)
C. Enable Components and create at least one component (Configure Compensation Component)
D. Configure related components (Configure Worksheet Page Layout: Detail Table tab)
Question #2
A corporation implemented oracle Fusion Compensation. The Fusion Consultant followed the approach of Fusion Fast Formula instead of using Dynamic calculation in the Compensation Plan.
Which three statements are true about Fusion Fast Formula?
A. Compensation default and override formula types default the value of a column of Workforce Compensation Plan.
B. Use Fast Formulas instead of existing application code to obtain non-standard results.
C. "Working Storage Area" is not one of the components of Fusion Fast Formula.
D. Compensation start date and Compensation end date are individual Compensation Plan Formula types.
E. Fast Formulas support the business need when existing rules and parameters are adequate.
Question #3
As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items?
A. Compensation items cannot be used across statement definitions.
B. Compensation items are added to a compensation category to include them in statements.
C. Compensation items can be added to statement definitions directly.
D. Compensation items need not be mapped to the specific source from which the compensation information is retrieved.
E. Compensation items are the foundation upon which the Compensation Statement is built.
Question #4
Per your client 5 policy on eligibility for a compensation revision cycle, employees who are in a notice period are not eligible. Manager X is currently in a notice period, but his direct reports are still eligible compensation cycle. You observe that the system allows Manager X to administer compensation for his direct reports.
You research this and find out that Manager X is still allowed to carry out the compensation allocation because his Eligibility Status is_____________.
A. Provisional
B. Restricted
C. Eligible
D. Limited
E. Ineligible
Question #5
A corporation is implementing Oracle Fusion Compensation Management and needs to set up Compensation history.
Identify the three correct options regarding the various compensations shown in the history.
A. Compensation history displays six categories of compensation.
B. Compensation history automatically retrieves salary and stock-related information. The Recurring payments and other categories have to be added manually.
C. Compensation history shows one-time payments in other compensation and allowances paid regularly in recurring payments.
D. The summary in the compensation history shows the data for only five years.
Solutions:
| Question #1 Correct Answer: C | Question #2 Correct Answer: A,C,E | Question #3 Correct Answer: A,C | Question #4 Correct Answer: B | Question #5 Correct Answer: A,C,D |
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