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Oracle Fusion HCM: Compensation 2014 Essentials - 1z0-495 real prep

1z0-495
  • Exam Code: 1z0-495
  • Exam Name: Oracle Fusion HCM: Compensation 2014 Essentials
  • Updated: Oct 14, 2024
  • Q & A: 71 Questions and Answers
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  • PDF Price: $59.98
  • Oracle 1z0-495 Value Pack

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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. 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.


2. While configuring the Budget page, you are setting the properties of the job column.
Which two sections are available in the properties for the job column?

A) Legal Employee
B) General
C) Information
D) Default Value


3. As an implementation consultant, you have defined a total compensation statement. You have defined three compensation items (a new hire bonus, a profit sharing bonus, and a quarterly bonus), which are attached to the bonus category. You no longer need the quarterly bonus item but you are unable to delete it.
Which statement is true for the given scenario?

A) Before deleting the item, you must configure a zero value behavior for the item.
B) The above scenario does not stand true as the item can be deleted.
C) The item cannot be deleted, because it is attached to a category.
D) More than one administrator might be using the item and, therefore, it cannot be deleted.


4. 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?

A) An element with the Automatic Entry option selected can allow multiple entries in the same period, and an element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
B) An element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
C) An element with the Automatic Entry option selected can allow multiple entries in the same period.
D) An element with the Automatic Entry option selected cannot allow multiple entries in the same period.


5. Which alert is advised to be disabled when you are using HCM co-existence between Oracle PeopleSoft HCM and Oracle Fusion Compensation?

A) Employee termination
B) Leave of Absence
C) Allocation exceeding target
D) Any custom alert


Solutions:

Question # 1
Answer: A
Question # 2
Answer: B,C
Question # 3
Answer: D
Question # 4
Answer: B
Question # 5
Answer: A

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