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Exam Code: 1z0-495
Exam Name: Oracle Fusion HCM: Compensation 2014 Essentials
Updated: Jun 25, 2026
Q & A: 71 Questions and Answers
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1. 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 Administrator
B) HR Specialist
C) Compensation Manager
D) Line Manager
2. While administering compensation for the workforce, Manager X accidentally approves a lower manager's. Which three statements will be true in this case?
A) The worksheet goes to next level for approval.
B) The lower-level manager's access level is changed to "Approved."
C) The lower-level manager can withdraw the submission and reprocess the compensation allocation.
D) The lower-level manager can still make changes in the worksheet and resubmit it for approval.
3. As an implementation consultant, you are defining entry values for an element in the Fusion application.
Which statement about selecting the rules for the element's entry value is true?
A) An element with the Automatic Entry option selected cannot allow multiple entries in the same period.
B) An element with the Automatic Entry option selected can allow multiple entries in the same period.
C) An element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
D) An element with the Automatic Entry option selected can allow multiple entries in the same period, and an element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
4. As compensation administrator, you are required to show "Actual Amounts paid to the worker" in the Total Compensation Statement. To meet this requirement, which component must be created?
A) Compensation Category
B) Compensation Statement Definition
C) Compensation Source
D) Compensation Item
5. While implementing Oracle Fusion Compensation Management for client XYZ, you are grouping compensation items and categories for displaying them together. Therefore, when planning how to group compensation items and categories, you must consider which three options?
A) Category Type
B) Category Detail
C) Contribution Type and Unit of Measure
D) Statement definitions
E) Compensation Items
F) Level of detail
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B,C,D | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: C,E,F |
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