Try and practice the latest Oracle : 1z0-495 real questions & answers
Updated: May 26, 2026
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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:
1. Your client's eligibility criteria requiresyou to create user-defined criteria. While creating, you realize that certain fields are available to you. Upon researching you find out that only fields from the following two records and for fields that do not belong to these records fast formula is required.
Which are those two records?
A) Person Attributes
B) Compensation History
C) AssignmentTables
D) Legislative Information
2. Per your client 5 policy on eligibility for a compensation revision cycle, employees who are in a notice period are not eligible. Manager X is currently in a notice period, but his direct reports are still eligible compensation cycle. You observe that the system allows Manager X to administer compensation for his direct reports.
You research this and find out that Manager X is still allowed to carry out the compensation allocation because his Eligibility Status is_____________.
A) Limited
B) Provisional
C) Restricted
D) Eligible
E) Ineligible
3. As an implementation consultant, you have created compensation items for the total compensation statement but have not attached them to compensation categories.
In this situation, which statement is correct?
A) You can add items to statement definitions directly.
B) You cannot add items to statement definitions directly, and you cannot add items to a compensation category.
C) To include items in statements you must add items to a compensation category.
D) You can add items to statement definitions directly, and to include Items in statements you must add items to a compensation category.
4. 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) Compensation Manager
B) Line Manager
C) Compensation Administrator
D) HR Specialist
5. Your client's organization is a multi-country organization with headquarters in the US. All employees are covered under global compensation plan. However, the managers in each country wants to administer compensation in their country's respective currency. How would you enable this feature?
A) Display the corporate currency
B) Use fast formula to display the employee currency using conversion rates
C) Enable currency switching
D) Set the preferred currency in the worksheet
Solutions:
| Question # 1 Answer: A,C | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: C |
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