Oracle : 1z0-495 Questions & Answers
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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:
1. Performance Ratings is enabled in compensation plan. Which three statements are correct regarding performance ratings?
A) You can allow managers to enter performance ratings during the compensation cycle to be used only in the compensation plan.
B) You can allow managers to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.
C) You cannot make performance ratings and documents completed in Oracle Fusion Performance Management available to managers from the worksheet.
D) If you use performance ratings while allocating compensation, you can display the latest ratings to the managers during the compensation cycle.
2. The Fusion Compensation module must be integrated with Fusion Performance Rating. In which three ways can the performance rating be made available?
A) Use compensation performance ratings.
B) Integrate with Oracle Fusion Performance Management.
C) Integrate with Oracle Fusion Goal Management.
D) Integrate with Oracle Fusion Profile Management.
E) Use both Performance Management ratings and compensation ratings.
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) HR Specialist
B) Line Manager
C) Compensation Manager
D) Compensation Administrator
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 not selected cannot allow multiple entries in the same period.
B) An element with the Automatic Entry option selected can allow multiple entries in the same period.
C) 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.
D) An element with the Automatic Entry option selected cannot allow multiple entries in the same period.
5. 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 amount stay with the manager when workers are reassigned or their eligibility changes.
B) The published budget is always a percentage of the total budget pool.
C) The published budgets change when a manager's total eligible salary changes, such as when workers eligibility changes.
D) The published budget change when a manager's total eligible salary changes, such as when workers are reassigned.
Solutions:
| Question # 1 Answer: A,B,D | Question # 2 Answer: A,D,E | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: C |
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