Oracle Fusion HCM: Compensation 2014 Essentials - 1z1-495 Free Exam Questions

QUESTION NO: 1
Identify the three choices when configuring approvals.

Correct Answer: A,B,C Vote an answer
QUESTION NO: 2
Oracle Fusion Compensation has nine predefined salary components. Your client has a requirement that allow a salary adjustment based on the number of dependants the employee has, and this allowance must be mapped to a separate component. Because this allowance cannot have a logical mapping with any of the predefined components, you decide to create a new salary component called "Family Allowance".
Which option would you use to achieve this?

Correct Answer: D Vote an answer
QUESTION NO: 3
As an implementation consultant, you are defining entry values for an element in the Fusion application.
Which statement about selecting the rules for the element's entry value is true?

Correct Answer: A Vote an answer
QUESTION NO: 4
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?

Correct Answer: B Vote an answer
QUESTION NO: 5
You are configuring Fusion HCM Compensation Management for a customer. Which three tasks are part of Plan Foundation Configuration Options?

Correct Answer: A,C,E Vote an answer
QUESTION NO: 6
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?

Correct Answer: D Vote an answer
QUESTION NO: 7
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?

Correct Answer: B Vote an answer
QUESTION NO: 8
Your client's organization is a multi-country organization with headquarters in the US. All employees are covered under global compensation plan. However, the managers in each country wants to administer compensation in their country's respective currency. How would you enable this feature?

Correct Answer: B Vote an answer

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