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1Z0-495 - Oracle Fusion HCM: Compensation 2014 Essentials - Dump Information

Vendor : Oracle
Exam Code : 1Z0-495
Exam Name : Oracle Fusion HCM: Compensation 2014 Essentials
Questions and Answers : 71 Q & A
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QUESTION: 62

The Fusion Compensation module must be integrated with Fusion Performance Rating. In which three ways can the performance rating be made available?


  1. Integrate with Oracle Fusion Performance Management.

  2. Use compensation performance ratings.

  3. Use both Performance Management ratings and compensation ratings.

  4. Integrate with Oracle Fusion Goal Management.

  5. Integrate with Oracle Fusion Profile Management.


Answer: B, C, E


QUESTION: 63

A corporation is implementing Oracle Fusion Compensation Management and must set up Compensation history. Identify the three correct options regarding the salary component.


  1. The Base rate shown in the salary section is the most recent pay rate.

  2. The Base rate shown in the salary section is the average of the pay rate for the entire year.

  3. The growth rate shown in the details shows both cumulative and average annual salary growth rates.

  4. The base rate shown in the previous years is the pay rate on 31 December of each year.


Answer: A, B, D


QUESTION: 64

Per yourclient 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 .


  1. Eligible

  2. Ineligible

  3. Restricted

  4. Limited

  5. Provisional


Answer: C


QUESTION: 65

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?


  1. You can add items to statement definitions directly.

  2. To include items in statements you must add items to a compensation category.

  3. You cannot add items to statement definitions directly, and you cannot add items to a compensation category.

  4. You can add items to statement definitions directly, and to include Items in statements you must add items to a compensation category.


Answer: B


QUESTION: 66

While administering compensation for the workforce, Manager X accidentally approves a lower manager's.Which three statements will be true in this case?


  1. The lower-level manager can withdraw the submission and reprocess the compensation allocation.

  2. The lower-level manager's access level is changed to "Approved."

  3. The worksheet goes to next level for approval.

  4. The lower-level manager can still make changes in the worksheet and resubmit it for approval.


Answer: A, B, D


QUESTION: 67

Employee X was hired on 5 March 2014 as a Web Designer and was reporting to Manager Y. On 10 September 2014, this employee was transferred to Manager Z to work as an Online Campaign designer. The company where Employee X works is doing a compensation cycle for the current year starting 1October 2014. The employee record set up in the plan setting is "Employment terms," while the Legal Employer of Employee X uses a two-tier model.

On which manager's worksheet does Employee X appear?


  1. Manager Y, because this is the original manager of Employee X

  2. Manager Z, because this is the current manager to whom Employee X is reporting


  3. Both Manager Y and Manager Z, because he has worked under both of them during the current cycle

  4. Employee X does not appear on any manager's sheet, because he will not be evaluated by the compensation plan.


Answer: C


QUESTION: 68

While creating acompensation plan, the compensationmanager of your client’sorganizationchooses to enable Compensation Change statement, as an implementationconsultant, which isthe dependantconfigurationthat you would advisethe compensationmanager to platform?


  1. Enable Components and create at least one component (Configure Compensation Component)

  2. Enable the Communication tab type (Configure Worksheet Page Layout)

  3. Enable components and create a component linked to the budget pool (Configure Compensation Components)

  4. Configure related components (Configure Worksheet Page Layout: Detail Table tab)


Answer: A


QUESTION: 69

A compensation manager of a corporation is setting up a new salary basis for the employees. Which statement is true about payroll elements set up for a salary basis?


  1. Recurring elements can be linked to multiple salary bases only if they are classified as earnings elements and configured to allow multiple entries in the same period.

  2. Recurring elements can be linked to multiple salary bases only if they are classified as earnings elements, and they need not be configured to allow multiple entries in the same period.

  3. Multiple payroll elements can be attached a salary basis.

  4. Payroll elements of any classification type can be attached to a salary basis.


Answer: D


QUESTION: 70

The manager administering compensation has the option to create budget models


to be used to allocate compensation. Which four options regarding compensation modeling are correct?


  1. Modeling enables managers to automatically allocate compensation to employees who meet certain criteria.

  2. Managers can create their own models and use them.

  3. Managers cannot share a model created by them.

  4. Managers can use a model created by compensation professionals.

  5. Access of a model is limited only to the creator of the model.

  6. A model can be shared with the direct reports of the creator.


Answer: A, C, D, F


QUESTION: 71

A corporation is implementing Oracle Fusion Compensation Management and needs to set up Compensation history. Identify the three correct options regarding the various compensations shown in the history.


  1. Compensation history displays six categories of compensation.

  2. Compensation history automatically retrieves salary and stock-related information. The Recurring payments and other categories have to be added manually.

  3. Compensation history shows one-time payments in other compensation and allowances paid regularly in recurring payments.

  4. The summary in the compensation history shows the data for only five years.


Answer: A, C, D


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With Oracle tap customers improvement from a consistent information architecture and adventure impartial of the Oracle applications Cloud deployed. -- Oracle Human Capital administration (Fusion HCM): cellular capabilities allow employees, managers and executives to manage their worklist and immediately respond to approval requests, browse and analyze organizational guidance equivalent to operational efficiency indicators or business intelligence experiences, worker assistance like their ability scorecard, goals and estimated efficiency/attrition measures, capability to evaluate diverse workers with a purpose to check exact performers and consider compensation distribution across teams, and surroundings and tracking of desires throughout the a lot of stages of the company. -- Oracle venture Portfolio management (Fusion ERP): cell capabilities deliver challenge managers with a straightforward-to-use graphical user interface that helps them at once keep in mind venture development, evaluation exceptions, and follow up with crew participants if required. -- Oracle skill administration (Taleo): cellular capabilities provide recruitment on the go for hiring managers and HR gurus, with access to requisitions, candidates, and movements to manage the entire recruitment system. -- Oracle service (RightNow): cell capabilities redefine person productiveness whereas brokers, experts, and bosses are on the go and provide case and task administration, access to crucial contact and corporation assistance, and perception into workforce's workloads. Oracle RightNow now supports servicing purchasers invariably even when brokers are far from their desks. Oracle's Siebel CRM -- Oracle's Siebel cell solutions connects cellular provider authorities with correct, updated guidance. Deployed over wireless phones, pagers, laptops, and handheld computer systems, it offers container technicians comprehensive entry to client advice, web site and asset histories, cost reports, ingredients guidance, corporate knowledgebases, and tons extra. -- Oracle cellular earnings Assistant: assist clients collaborate with colleagues and valued clientele, comprehensive widely wide-spread projects, and close deals more without delay whereas on the street. -- Oracle cellular sales Forecast: offers day by day visibility into the opportunity pipeline, assisting income representatives focus on closing deals while on the highway. Oracle E-company Suite -- Oracle mobile field provider for iPhone, iPad and Android allows consumer provider brokers to access and update key tips whereas on the go. whereas offline, agents can access comprehensive client, product, and service request information; manage schedules; order spare materials; listing fabric, charges, and labor; and enter counter readings. advantages consist of stronger provider degrees, reduced carrier fees, faster billing cycles, and optimized stock stages. Oracle JD Edwards -- Oracle JD Edwards EnterpriseOne for iPad: JD Edwards EnterpriseOne business applications run on Apple iPad, presenting enterprise user cellular entry to all applications and facts they deserve to display screen and execute their work from anyplace, anytime. EnterpriseOne users aren't restricted to a handful of uniqueness mobile apps, but benefit from the power of the robust, integrated tier one JD Edwards EnterpriseOne ERP answer at their fingertips on the Apple iPad Oracle PeopleSoft -- Oracle's PeopleSoft functions provide comprehensive company and business solutions, enabling companies to boost productivity, accelerate enterprise performance, and allow a decrease can charge of possession. -- Oracle PeopleSoft mobile purposes encompass: -- mobile prices: Working in conjunction with PeopleSoft costs, the new cell application helps the full price lifecycle for employees and executives, while additionally allowing clients to simply transition from a computer environment to cell device as obligatory to complete transactions. -- cellular Approvals: Can store time and enrich efficiencies through streamlining the assessment and approval technique for requests akin to requisitions, buy orders, costs, vouchers, and regular ledger journals. -- mobile business listing: Improves productiveness by way of proposing a effective device for finding, connecting, and taking part with ability throughout the complete organization. -- mobile stock management: allows clients to operate average inventory transactions via handheld gadgets, own digital assistants, and radio frequency scanners leading to actual-time transaction processing, more desirable information accuracy and extended mobility and convenience. -- cellular Campus options Self carrier: permits students to take motion on and manage key methods while on the go. the brand new facets will allow associations to company, customize and lengthen the smartphone utility to give highest price to students via their cell instruments. Upcoming purposes for your Mobility needs Oracle functions Cloud Oracle earnings Cloud Mobilytics: expected to unencumber in calendar yr 2014, Oracle earnings Cloud Mobilytics is the iPad app for sales leaders that makes huge amounts of revenue facts particularly handy to be aware and act on. Oracle Mobilytics uses the iPad and novel visualizations to seriously change information into the tips that sales leaders basically desire. now not for quarterly reporting; but for settling on the movements you deserve to take to hit quota, hone earnings procedures, forecast extra precisely, and stack your crew with superstars. Oracle revenue Cloud Voice: anticipated to free up in calendar yr 2014, Oracle sales Cloud Voice for iPhone is a fun, Siri-like digital Assistant for sales Reps. It lets them talk on their iPhones to the Oracle revenue Cloud. Reps can quickly view their alternatives, Contacts, Notes and actions so that they walk into meetings prepared. After conferences, Reps can create Notes, activities and Contacts and Edit alternatives when the counsel continues to be fresh in their minds. supporting Quote -- "as the company world goes cellular, Oracle is dedicated to guaranteeing on the go employees can also be extraordinarily productive throughout all Oracle items," stated Steve Miranda, executive vp of software construction, Oracle. "purposes built with Oracle ADF mobile provide businesses cellular capabilities they want for mission crucial income success. on the same time, Oracle will continue to leverage the Oracle ADF mobile platform to innovate and deliver new and trade-defining purposes throughout the whole enterprise." supporting resources -- Oracle utility building Framework (ADF) mobile -- Oracle Fusion Middleware -- Oracle faucet -- Oracle cellular platform -- Oracle Fusion purposes -- Oracle Taleo -- Oracle RightNow -- Oracle's Siebel -- Oracle E-enterprise Suite -- Oracle's JD Edwards -- Oracle's PeopleSoft -- Oracle OpenWorld 2013 -- Oracle OpenWorld 2013 Keynotes -- Like Oracle OpenWorld on facebook -- comply with Oracle OpenWorld on Twitter -- Oracle OpenWorld weblog -- Oracle OpenWorld on LinkedIn About Oracle OpenWorld Oracle OpenWorld San Francisco is the most essential tutorial and networking adventure of the year for Oracle technologists, customers, and partners. This counsel know-how experience is dedicated to assisting companies optimize latest systems and consider upcoming expertise breakthroughs. The convention, which is expected to attract more than 60,000 attendees from over one hundred forty five nations, presents greater than 2,500 academic classes, four hundred product demos, exhibitions from 500 companions and purchasers showcasing applications, middleware, database, server and storage systems, industries, administration and infrastructure -- all engineered for innovation. Oracle OpenWorld 2013 is being held September 22-26 on the Moscone core in San Francisco. For greater information, to register, or to observe Oracle OpenWorld keynotes, periods and greater live, please consult with www.oracle.com/openworld. be a part of the Oracle OpenWorld dialogue on Twitter, fb and the Oracle OpenWorld blog. About Oracle Oracle engineers hardware and utility to work together within the cloud and to your facts center. For greater suggestions about Oracle ORCL, -1.fifty five% visit www.oracle.com. trademarks Oracle and Java are registered emblems of Oracle and/or its associates. different names could be emblems of their respective house owners. THIS document IS FOR INFORMATIONAL functions simplest and may not BE included into a CONTRACT OR agreement. Contact information Susie Penner Oracle +1.650.506.1973 email Contact Simon Jones Blanc & Otus +1.415.856.5155 e-mail Contact source: Oracle corporation (C) 2013 Marketwire L.P. All rights reserved. Unquestionably it is hard assignment to pick dependable certification questions/answers assets regarding review, reputation and validity since individuals get sham because of picking incorrectly benefit. Killexams.com ensure to serve its customers best to its assets concerning exam dumps update and validity. The vast majority of other's sham report dissension customers come to us for the brain dumps and pass their exams joyfully and effortlessly. 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