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

  • Exam Code: 1z0-495
  • Exam Name: Oracle Fusion HCM: Compensation 2014 Essentials
  • Updated: May 27, 2026
  • Q & A: 71 Questions and Answers

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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. When upper-level managers change the plan access of one or more lower-/eve/ managers, they receive a notification informing them about the change in access. Which option do the/ receive to act on the notification?

A) Dismiss
B) Reject
C) Accept
D) Reply


2. 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?

A) After the salary basis is associated with any worker, you cannot delete it or modify any characteristic. Therefore, a new Salary Basis must be created with a new Grade rate.
B) No new Grade rate can be created.
C) A new Grade rate can be created and the Salary basis can be modified to include it.
D) The salary of an employee is based on the grade to which the employee is assigned. Therefore, nothing has to be changed at the salary basis level once it has been created. Employee data must be modified to reflect the new grade.


3. Which item regarding plan access is not true?

A) Compensation managers have access to the budget sheet and worksheets for all plans and employee administration tasks.
B) A compensation administrator's general access can be overridden using roles.
C) Compensation administrators have access to all plan configuration tasks for all plans.
D) A compensation administrator's general access cannot be overridden.


4. 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?

A) Use the Advanced Filter option in the worksheet to create a custom condition.
B) Control the population by using eligibility profiles.
C) This cannot be done once the population is finalized and the compensation cycle is started.
D) Use the sort feature in the worksheet to control this.


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

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


Solutions:

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

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