Oracle Fusion HCM: Compensation 2014 Essentials : 1z1-495

1z1-495 Exam Simulator
  • Exam Code: 1z1-495
  • Exam Name: Oracle Fusion HCM: Compensation 2014 Essentials
  • Updated: Sep 06, 2025
  • Q & A: 71 Questions and Answers

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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

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


2. While working on a budget sheet or a compensation worksheet, a manager chooses to use the "Export to Excel workbook" option to do his or her work. Which four of the following steps would he or she needto perform upon clicking the "Export to Excel workbook" option and prior to finalizing his or her proposaland submitting it for approval?

A) Edit the workbook data.
B) Filter the edits and upload only the edited fields.
C) Repeat the steps as many times as necessary to accommodate the revisions.
D) Resolve errors created by the uploaded file.
E) Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
F) Download and authenticate workbooks.


3. Your client wants you to create a single Compensation Change statement that includes compensation awarded for multiple plans. What would you, as an implementation consultant, advise your client?

A) Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.
B) This is possible only in the on-premises model using customization and is not possible inan SaaS instance. Therefore, you would respond accordingly to the client.
C) Create a custom data model that can pull compensation awarded from different plans and display the data using a BI publisher layout.
D) Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.


4. 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) Reply
B) Dismiss
C) Reject
D) Accept


5. While implementing Oracle Fusion Compensation Management for client XYZ, you are grouping compensation items and categories for displaying them together. Therefore, when planning how to group compensation items and categories, you must consider which three options?

A) Compensation Items
B) Level of detail
C) Statement definitions
D) Contribution Type and Unit of Measure
E) Category Type
F) Category Detail


Solutions:

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

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