Oracle Fusion HCM: Compensation 2014 Essentials - 1z1-495 Exam Practice Test
Your client's organization is a multi-country organization with headquarters in the US. All employees are covered under global compensation plan. However, the managers in each country wants to administer compensation in their country's respective currency. How would you enable this feature?
Correct Answer: C
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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?
Correct Answer: B
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As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items?
Correct Answer: A,C
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You can use predefined alerts to notify managers about issues on the worksheet that need their attention.
Which four predefined alerts are available?
Which four predefined alerts are available?
Correct Answer: B,C,D,F
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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?
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?
Correct Answer: A
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The Budget Pool Storage Method selected is "Amount". One of the line managers in the organization has twenty employees reporting to him. One of the employees leaves the organization during the compensation cycle.
What will be the effect on the budget allocated to the Line Manager?
What will be the effect on the budget allocated to the Line Manager?
Correct Answer: B
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As an implementation consultant, you are required to define the total compensation statement. You are creating the statement definitions for your compensation statement.
Which three statements are true about the statement definitions?
Which three statements are true about the statement definitions?
Correct Answer: A,B,F
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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?
The currency shown while configuring salary basis comes from which level?
Correct Answer: A
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