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Oracle 1z0-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. Identify the three correct statements for an alternate approver hierarchy.

A) You can create multiple approvers for the same manager.
B) The highest Approval sequence is the final approver.
C) By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set or sequence of approvers.
D) The alternate approver must be a part of the regular plan hierarchy.

2. You create a compensation plan and attach a Compensation Performance rating model to it. While the manager is allocating compensation, he specifies a rating for each of the employeesunder him. Where will the rating specified by the manager be available?

A) To the current compensation plan and HR system
B) Only within the current compensation plan and all cycles associated with it
C) Only within the current compensation plan and the current cycle
D) To the current compensation plan and the Performance Management system

3. A corporation is implementing Oracle Fusion Compensation Management and has set up an Individual Compensation plan for contribution towards a retirement benefit. This contribution must be approved by the four-level manager hierarchy.
Identify all the four builders that support a restriction for the number of levels.

A) Position
B) Department Level
C) Supervisory
D) Management Chain
E) Resource
F) Job level

4. 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) Person Attributes
D) Legislative Information

5. A compensation manager of a corporation is setting up a new salary basis for the employees. Which statement is true about payroll elements set up for a salary basis?

A) Multiple payroll elements can be attached a salary basis.
B) Recurring elements can be linked to multiple salary bases only if they are classified as earnings elements, and they need not be configured to allow multiple entries in the same period.
C) Recurring elements can be linked to multiple salary bases only if they are classified as earnings elements and configured to allow multiple entries in the same period.
D) Payroll elements of any classification type can be attached to a salary basis.

Solutions: