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Oracle 1z0-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. While configuring theBudget page, which five tabs are available in Page Layout?

A) Summary
B) Comments
C) Budgeting
D) Actions
E) Detail table
F) Information
G) Worker List

2. The Budget Pool Storage Method selected is "Amount". One of the line managers in the organization has twenty employees reporting to him. One of the employees leaves the organization during the compensation cycle.
What will be the effect on the budget allocated to the Line Manager?

A) The published budgets change when a manager's total eligible salary changes, such as when workers eligibility changes.
B) The published amount stay with the manager when workers are reassigned or their eligibility changes.
C) The published budget change when a manager's total eligible salary changes, such as when workers are reassigned.
D) The published budget is always a percentage of the total budget pool.

3. An administrator of a corporation must generate the compensation statements for the workers to notify them about their compensation details.
Identify the correct role that will give the administrator access to complete the process.

A) Compensation Manager
B) Compensation Administrator
C) Line Manager
D) HR Specialist

4. 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.

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

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

Solutions: