Free Oracle 1z1-495 Exam Dumps Questions & Answers

Which three statements are true regarding Plan Cycles?

• A.  You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.
• B.  All active plans are available to be cross-referenced, even plans with no started cycles.
• C.  Active plans are available to be cross-referenced, except plans with no started cycles.
• D.  You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.
• E.  You can display a target amount or custom score from a previous plan cycle In the current plan cycle.

Performance Ratings is enabled in compensation plan. Which three statements are correct regarding performance ratings?

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

What happens when you define Workforce Compensation Plan components but the employee to whom the compensation change is being administered does not have ant component in this or her salary?

• A.  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.
• B.  The sum of all components identified to be posted as single salary adjustment amount to the employee salary 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.

A corporation is implementing Oracle Fusion Compensation Management. Different currencies are set at the Legislative Data Group level, the Organization payment level, the Bank account level, and the payroll element level.
The currency shown while configuring salary basis comes from which level?

• A.  From the organization payment level, because the compensation is finally paid through this
• B.  From the input value of the payroll element
• C.  From the Bank account level
• D.  From the Legislative Data Group level, because that is the highestlevelin the hierarchy

As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items?

• A.  Compensation items are the foundation upon which the Compensation Statement is built.
• B.  Compensation items can be added to statement definitions directly.
• C.  Compensation items cannot be used across statement definitions.
• D.  Compensation items need not be mapped to the specific source from which the compensation information is retrieved.
• E.  Compensation items are added to a compensation category to include them in statements.