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Oracle 1z1-495 exam : Oracle Fusion HCM: Compensation 2014 Essentials
- Exam Code: 1z1-495
- Exam Name: Oracle Fusion HCM: Compensation 2014 Essentials
- Updated: Oct 21, 2026
- Q & A: 71 Questions and Answers
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Oracle 1z1-495 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Total Compensation Statements | 15% | - Generating and publishing statements - Defining compensation statements - Managing statement layouts |
| Topic 2: Base Pay Configuration | 20% | - Configuring salary components - Managing base pay structures - Defining salary basis |
| Topic 3: Workforce Compensation | 25% | - Administering compensation changes and models - Setting up worksheets, approvals, and access - Configuring plan cycles and budgets - Designing compensation plans |
| Topic 4: Elements, Formulas, and Eligibility | 20% | - Creating element eligibility criteria - Describing element classifications and deductions - Managing fast formulas |
| Topic 5: Individual Compensation | 20% | - Setting up individual compensation plans - Managing contributions and approvals - Configuring compensation history |
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The Oracle Fusion HCM: Compensation 2014 Essentials exam contains 71 questions, and you will have 120 minutes minutes to complete them. Simulating that combination in advance turns exam-day pacing into a habit.
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This package includes 71 practice questions for the Oracle Fusion HCM: Compensation 2014 Essentials exam. Every answer is verified by an experienced team of experts, so you can trust what you study.
The Oracle Fusion HCM: Compensation 2014 Essentials exam requires a score of 62% to pass, and the official registration fee is $245 USD. Knowing both figures before you begin helps you plan your preparation realistically.
You can register for the Oracle Fusion HCM: Compensation 2014 Essentials exam through the official channels:
The Oracle Fusion HCM: Compensation 2014 Essentials exam is scored on a scale where 62% is required to pass, and the official exam fee is $245 USD.
No mandatory prerequisites; recommended hands-on experience with Oracle Fusion HCM Compensation
You can confirm the current eligibility requirements on the official 1z1-495 exam page before you register.
The Oracle Fusion HCM: Compensation 2014 Essentials practice questions are organized around the official exam objectives. Key topics include:
- Total Compensation Statements (15%)
- Workforce Compensation (25%)
- Elements, Formulas, and Eligibility (20%)
Your practice results against these topics show you exactly where to spend your next session.
Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:
Question #1
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?
- A. The published budget change when a manager's total eligible salary changes, such as when workers are reassigned.
- B. The published amount stay with the manager when workers are reassigned or their eligibility changes.
- C. The published budget is always a percentage of the total budget pool.
- D. The published budgets change when a manager's total eligible salary changes, such as when workers eligibility changes.
Correct Answer: D 🗳️
Question #2
A corporation is implementing Oracle Fusion Compensation Management and needs to give a spot bonus for a new hire as well as give the same for special recognition for employees.
Identify the correct option that will enable the organization to achieve the desired results.
- A. Configure the spot bonus as an individual compensation plan and add "All" as an action so that this plan can be added to anyone at any time.
- B. Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire," this bonus can be added. Also add "Manage Individual Compensation," which will enable Managers to add it to reportees.
- C. Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire," this bonus can be added. Also add "Manage Contributions," which will enable managers to add it to reportees.
- D. Configure the spot bonus as an individual compensation plan and add "Hire" as an action. Then, after an employee is hired, this plan can be added to employees anytime.
Correct Answer: A 🗳️
Question #3
Per your client 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_____________.
- A. Restricted
- B. Limited
- C. Provisional
- D. Ineligible
- E. Eligible
Correct Answer: A 🗳️
Question #4
Which four options are valid refresh options for the Refresh Data process?
- A. Reevaluate Eligibility
- B. Refresh Manager Hierarchy
- C. Refresh Base and Eligible Salary
- D. Refresh Plan Access
- E. Refresh Plan Currency
- F. Refresh Budget Pools
- G. Refresh HR Data
Correct Answer: A,D,F,G 🗳️
Question #5
When upper-level managers change the plan access of one or more lower-/eve/ managers, they receive a notification informing them about the change in access. Which option do the/ receive to act on the notification?
- A. Reply
- B. Dismiss
- C. Reject
- D. Accept
Correct Answer: A 🗳️
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