Oracle 1z0-495 test insides dumps : Oracle Fusion HCM: Compensation 2014 Essentials

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Oracle 1z0-495 Exam Syllabus Topics:

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

Question 1

Your client is a consumer goods wholesaler. The client's organization has five departments.
While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees to that department. In the current year, only the Electronics department has exceeded its sales target.
How would the compensation manager allocate the extra budget to the manager of the Electronics Department?

A. Initiate budgets automatically by using the Start Compensation Cycle process.
B. Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.
C. Request excess budget allocation from the manager above him.
D. Publish the original budget to all managers, followed by publishing the extra budget to only the manager of the Electronics department.

Question 2

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 cannot make performance ratings and documents completed in Oracle Fusion Performance Management available to managers from the worksheet.
C. You can allow managers to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.
D. If you use performance ratings while allocating compensation, you can display the latest ratings to the managers during the compensation cycle.

Question 3

While configuring the Budget page, you are setting the properties of the job column.
Which two sections are available in the properties for the job column?

A. Information
B. Legal Employee
C. Default Value
D. General

Question 4

Which two methods can be used by the Compensation Administrator to publish budgets?

A. Publish budgets automatically by running the Build Model process.
B. Publish budgets manually.
C. Copy budget amounts from a previous cycle.
D. Use a model to distribute budgets.

Question 5

You are required to explain to your client the use of Hierarchy design in Compensation Process.
Which two Compensation-related activities use Hierarchy?

A. Feedback survey
B. Plan access
C. Sending Compensation alerts
D. Approval routing
E. Allocating budgets

Solutions: