Oracle 1z0-495 : Oracle Fusion HCM: Compensation 2014 Essentials

Your client's compensation plan for employees includes a component that is based on years of service in the organization. If a person completes 10 years in the company, he or she will be eligible for a seniority component and the associated fixed salary amount. What type of eligibility profile you would need to create in order to track work experience of people?

• A. Employment-based eligibility criteria using hire date
• B. User-defined-criteria-based eligibility profile using hire date
• C. Derived-factor-based eligibility criteria using length of service
• D. Employment-based-eligibility-criteria using length of service

Which two tasks are true about components in worksheet configurations?

• A. Plans must have at least one component if awarding compensation.
• B. You can create up to five components to represent the different types of compensation that you want to award within a plan.
• C. Each component has to be of a separate type, such as salary or bonus.
• D. There is the flexibility to add any number of components within a compensation plan.

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. Then, after an employee is hired, this plan can be added to employees anytime.
• 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 Individual Compensation," 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 so that for HR action "Hire," this bonus can be added. Also add "Manage Contributions," which will enable managers to add it to reportees.

Your client wants you to create a single Compensation Change statement that includes compensation awarded for multiple plans. What would you, as an implementation consultant, advise your client?

• A. Create a custom data model that can pull compensation awarded from different plans and display the data using a BI publisher layout.
• B. Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.
• C. This is possible only in the on-premises model using customization and is not possible inan SaaS instance. Therefore, you would respond accordingly to the client.
• D. Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.

While working on a budget sheet or a compensation worksheet, a manager chooses to use the "Export to Excel workbook" option to do his or her work. Which four of the following steps would he or she needto perform upon clicking the "Export to Excel workbook" option and prior to finalizing his or her proposaland submitting it for approval?

• A. Edit the workbook data.
• B. Repeat the steps as many times as necessary to accommodate the revisions.
• C. Download and authenticate workbooks.
• D. Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
• E. Filter the edits and upload only the edited fields.
• F. Resolve errors created by the uploaded file.