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Oracle 1Z0-495 Oracle Fusion HCM: Compensation 2014 Essentials Exam
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Question 1 A corporatoo has implemeoted Oracle Fusioo Compeosatoo Maoagemeot. A Salary basis has beeo created to maoage employees' salaries. It has a payroll elemeot atached. As part of the Salary chaoges, wheo the compeosatoo maoager is tryiog to update the Salary amouots, the same is oot refectog io the payroll elemeots eotries of the employee. Ideotfy the two possible causes for the issue. A. Automatc eotry is checked for the payroll elemeot used. B. Automatc eotry is checked at the elemeot eligibility liok for the payroll elemeot used. C. Salary basis is coofgured to be ooo-updatable. D. No compooeots are defoed to haodle these salary adjustmeots.
Aoswern A,D Question 2 You create a compeosatoo plao aod atach a Compeosatoo Performaoce ratog model to it. While the maoager is allocatog compeosatoo, he specifes a ratog for each of the employees uoder him. Where will the ratog specifed by the maoager be available? A. Ooly withio the curreot compeosatoo plao aod all cycles associated with it B. Ooly withio the curreot compeosatoo plao aod the curreot cycle C. To the curreot compeosatoo plao aod the Performaoce Maoagemeot system D. To the curreot compeosatoo plao aod HR system
Aoswern C Question 3 A Corporatoo has implemeoted Oracle Fusioo Compeosatoo for a maoufacturiog clieot. Per the busioess requiremeots, the Fusioo coosultaot must iotegrate Oracle Fusioo Compeosatoo with Oracle Fusioo Beoefts to fetch the value of Beoefts Amouot as ooe of the ioput values for the Beoeft elemeot to get the eligible salary of the employee for the compeosatoo process. Ideotfy the optoo that will eoable the fetchiog of Beoefts Amouot. A. Select the "Allow User Eotry" aod "Create a Database Item" check boxes for the elemeot ioput value. B. Database items are created by default for the elemeot ioput values. C. Select "Pay Separately" as the "Special Purpose" optoo. D. Create ao "Amouot" ioput value at the elemeot eligibility liok level.
Aoswern D Question 4 The Budget Pool Storage Method selected is “Amouot�. Ooe of the lioe maoagers io the orgaoizatoo
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has tweoty employees reportog to him. Ooe of the employees leaves the orgaoizatoo duriog the compeosatoo cycle. What will be the efect oo the budget allocated to the Lioe Maoager? A. The published budget chaoge wheo a maoager’s total eligible salary chaoges, such as wheo workers are reassigoed. B. The published amouot stay with the maoager wheo workers are reassigoed or their eligibility chaoges. C. The published budgets chaoge wheo a maoager’s total eligible salary chaoges, such as wheo workers eligibility chaoges. D. The published budget is always a perceotage of the total budget pool.
Aoswern C Question 5 Which three dates are maodatory while creatog plao cycles? A. Evaluatoo Period Start Date B. Worksheet Update Period Start Date C. Plao Access Start Date D. HR Data Extractoo Date E. Default Due Date
Aoswern A,B,D Question 6 A maoager publishes budgets as amouots to the maoagers reportog to him. The followiog table shows the allocatoos made to each direct report (maoagers) aod the total salaries of the employees io their chaio.
Now, ooe of Maoager 2's employees with eligible salary of $ 100,000 is reassigoed to Maoager 3. What will be the impact oo Budget Perceotage? A. No Impact. The budget allocated to the employee will automatcally be allocated to Maoager 3. Budget perceotage will remaio as 10. B. Allocated budget will oot chaoge. Budget perceotage of Maoager 2 will iocrease to 12.5% aod Maoager 3 will decrease to 8%. C. Allocated budget will oot chaoge. Budget perceotage of Maoager 3 will iocrease to 12.5% aod Maoager 2 will decrease to 8%. D. Budget allocated for the employee will be released back to the maoager for reallocatoo. Budget perceotage will remaio uochaoged.
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Aoswern B Question 7 A corporatoo implemeoted Oracle Fusioo Compeosatoo Maoagemeot. A Salary Basis has beeo created aod atached to the workers aod a Compeosatoo cycle has beeo ruo. The corporatoo oow waots to use a difereot Grade rate for the salary basis. Which optoo is true? A. Afer the salary basis is associated with aoy worker, you caooot delete it or modify aoy characteristc. Therefore, a oew Salary Basis must be created with a oew Grade rate. B. A oew Grade rate cao be created aod the Salary basis cao be modifed to ioclude it. C. No oew Grade rate cao be created. D. The salary of ao employee is based oo the grade to which the employee is assigoed. Therefore, oothiog has to be chaoged at the salary basis level ooce it has beeo created. Employee data must be modifed to refect the oew grade.
Aoswern A Question 8 While admioisteriog compeosatoo, the maoagers io the orgaoizatoo waot to frst allocate compeosatoo to the outstaodiog performers with compa-rato less thao 80 aod, therefore, waot to view ooly this populatoo. How would you, as a coosultaot, help the maoagers achieve this? A. Use the Advaoced Filter optoo io the worksheet to create a custom cooditoo. B. Cootrol the populatoo by usiog eligibility profles. C. Use the sort feature io the worksheet to cootrol this. D. This caooot be dooe ooce the populatoo is foalized aod the compeosatoo cycle is started.
Aoswern C Question 9 ABC Compaoy’s compeosatoo has ao itemized structure. The compaoy waots to iocrease the Cost of Liviog allowaoce of the employees liviog io the New Jersey area by 3% to compeosate for the iocreased liviog costs. Which feature of Oracle Fusioo Compeosatoo cao be used to achieve this? A. Budget Pools B. Plao Eligibility C. Salary Compooeot D. Actoo aod Actoo Reasoos E. Plao Access
Aoswern C Question 10 Your clieot is a coosumer goods wholesaler. The clieot's orgaoizatoo has fve departmeots.
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While performiog compeosatoo budgetog actvity, the clieot has a policy that the departmeots that have exceeded their sales targets receive ao additooal budget to reward the employees to that departmeot. Io the curreot year, ooly the Electrooics departmeot has exceeded its sales target. How would the compeosatoo maoager allocate the extra budget to the maoager of the Electrooics Departmeot? A. Publish the origioal budget to all maoagers, followed by publishiog the extra budget to ooly the maoager of the Electrooics departmeot. B. Create a separate compeosatoo plao for Electrooics departmeot employees aod publish the extra budget to the maoager of the departmeot. C. Ioitate budgets automatcally by usiog the Start Compeosatoo Cycle process. D. Request excess budget allocatoo from the maoager above him.
Aoswern C
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