http://www.Officialcerts.com 1Z0-495 Oracle Oracle Fusion HCM: Compensation 2014 Essentials OfficialCerts.com is a reputable IT certification examination guide, study guides and audio exam provider. We ensure that you pass your 1Z0-495 exam in first attempt and also get high scores to acquire Oracle certification. If you use OfficialCerts 1Z0-495 Certification questions and answers, you will experience actual 1Z0-495 exam questions/answers. We know exactly what is needed and have all the exam preparation material required to pass the exam. Our Oracle exam prep covers over 95% of the questions and answers that may be appeared in your 1Z0-495 exam. Every point from pass4sure 1Z0-495 PDF, 1Z0-495 review will help you take Oracle 1Z0-495 exam much easier and become Oracle certified. Here's what you can expect from the OfficialCerts Oracle 1Z0-495 course: * Up-to-Date Oracle 1Z0-495 questions as experienced in the real exam. * 100% correct Oracle 1Z0-495 answers you simply can't find in other 1Z0-495 courses. * All of our tests are easy to download. Your file will be saved as a 1Z0-495 PDF. * Oracle 1Z0-495 brain dump free content featuring the real 1Z0-495 test questions. Oracle 1Z0-495 certification exam is of core importance both in your Professional life and Oracle certification path. With Oracle certification you can get a good job easily in the market and get on your path for success. Professionals who passed Oracle 1Z0-495 exam training are an absolute favorite in the industry. You will pass Oracle 1Z0-495 certification test and career opportunities will be open for you. http://stmrehab.org/?dumps=exams.asp?examcode=1Z0-495 QUESTION: 1 While configuring theBudget page, you aresetting the propertiesof the job column. Which two sections are availablein the propertiesfor the job column? A. General B. Default Value C. Information D. Legal Employee Answer: A, C QUESTION: 2 Identify the three correct statements for an alternate approver hierarchy. A. By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set or sequence of approvers. B. The alternate approver must be a part of the regular plan hierarchy. C. You can create multiple approvers for the same manager. D. The highest Approval sequence is the final approver. Answer: A, C, D QUESTION: 3 What happens when you defineWorkforce Compensation Plan components but the employeeto whom the compensation changeis being administered does nothave ant componentin this or her salary? A. The sum of all components identified to be posted as single salary adjustment amount to the employee salary record. B. The first component is automatically mapped to the salary and amount associated with this component is posted as a salary adjustment to the employee record. C. The component adjustment is not posted as a salary adjustment to the employee’s record. While designing the compensation plan, it has to be kept in mind that plan components must have a direct mapping with the employee’s salary components. Answer: B QUESTION: 4 Your client’s organization isa multi-country organization with headquartersin the US.All employees arecoveredunder global compensationplan.However, the managers in eachcountrywants toadminister compensationin their country’srespective currency.Howwould you enable this feature? A. Set the preferred currency in the worksheet B. Enable currency switching C. Display the corporate currency D. Use fast formula to display the employee currency using conversion rates Answer: B QUESTION: 5 A Corporation has implemented Oracle Fusion Compensation for a manufacturing client. Which is the building block usedin the calculationof deductions and exemptions? A. Deduction ranges B. Deduction range groups C. Deduction range Values D. Deduction overrides Answer: B QUESTION: 6 As an implementation consultant, you are required to define a total compensation statement. To construct the total compensation statement, you must follow a set of activities in sequence. Select the correct sequence to construct a total compensation statement. A. Create compensation items >> attach the items to compensation categories >> arrange categories hierarchically in the statement definition >> specify the statement period and display options >> generate the statement. B. Create compensation items >> specify the statement period and display options >> arrange categories hierarchically in the statement definition >> attach items to compensation categories >> generate the statement. C. Create compensation items >> generate a statement >> specify the statement period and display options >> arrange categories hierarchically in the statement definition >> attach items to compensation categories. D. Create compensation items >> attach the items to compensation categories >> generate the statement >> specify the statement period and display options >> arrange categories hierarchically in the statement definition. Answer: D QUESTION: 7 As an implementationconsultant, you arerequired to define a total compensationstatement.You are creating thecompensationitems for the same.Which foursource types are available for selectionwhile creating acompensationitem for the total compensation statement? A. Element Entry B. Benefit Balance C. Formula D. Payroll Balance E. Deduction Range F. Input Value Answer: A, B, D, F QUESTION: 8 A corporation has implementedOracle Fusion CompensationManagement andset up an individualcompensationplan with the following details. ✑ Name: Variable component ✑ Restrict plan access: Yes ✑ Action: Manage Contributions ✑ Access Level: New ✑ Allocations: Always Allow ✑ Update Allocations: Never Allow ✑ Discontinue Allocations: "Allowed during a specific period" with the period start and end dates configured. Identify the correct option for the actions possible. A. All Employees will be able start the contribution anytime, update never, but discontinue during the period defined. B. Only managers will be able start the contribution anytime, update never, but discontinue during the period defined for any specific employee by using the manager dashboard. C. The plan setup is always for HR to take actions and, therefore, only HR will be able to start the contribution anytime, update never, but discontinue during the period defined for any specific employee. D. The contribution will be automatically added to all the employees in the payroll and HR can discontinue allocations on a request basis. Answer: A QUESTION: 9 You can use predefined alerts to notify managers about issues on the worksheet that need their attention. Which four predefined alerts are available? A. Salary changed in HR B. Allocation outside target range C. Grade changed in HR D. Job changed in HR E. Worker was terminated F. Worker is on long-term leave Answer: B, C, E, F QUESTION: 10 Your client’seligibility criteriarequiresyou to create user-definedcriteria.While creating, you realizethat certain fields are availableto you.Upon researching you find out that only fields from thefollowing two recordsand for fields that do not belongto these recordsfast formula is required. Which are those two records? A. Compensation History B. Person Attributes C. Legislative Information D. AssignmentTables Answer: B, D QUESTION: 11 A corporation implemented Oracle Fusion Compensation Management. A salary bas/s has been created and attached to the employee and a compensation cycle has been run. The corporation wants to include a new component as part of the salary basis. Which three are predefined components? A. Regular and automatic adjustment B. Market adjustment due to salary being out of line with the market C. Equity adjustment to correct salary compression or inversion D. Adjustment due to corrections within the organization Answer: A, B, D End of DEMO OfficialCerts.com Certification Exam Full Version Features; - Verified answers researched by industry experts. Exams updated on regular basis. Questions, Answers are downloadable in PDF format. No authorization code required to open exam. Portable anywhere. 100% success Guarantee. Fast, helpful support 24x7. 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