Online Access Free 1z0-495 Exam Questions

While creating a compensation plan, the compensation manager of your client's organization chooses to enable Compensation Change statement, as an implementation consultant, which is the dependantconfiguration that you would advise the compensation manager to platform?

• A.Configure related components (Configure Worksheet Page Layout: Detail Table tab)
• B.Enable the Communication tab type (Configure Worksheet Page Layout)
• C.Enable components and create a component linked to the budget pool (Configure Compensation Components)
• D.Enable Components and create at least one component (Configure Compensation Component)

ABC Company's compensation has an itemized structure. The company wants to increase the Cost of Living allowance of the employees living in the New Jersey area by 3% to compensate for the increased living costs. Which feature of Oracle Fusion Compensation can be used to achieve this?

• A.Plan Access
• B.Action and Action Reasons
• C.Salary Component
• D.Budget Pools
• E.Plan Eligibility

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?

• A.Set the preferred currency in the worksheet
• B.Display the corporate currency
• C.Use fast formula to display the employee currency using conversion rates
• D.Enable currency switching

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

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 lower-level manager can still make changes in the worksheet and resubmit it for approval.
• B.The lower-level manager can withdraw the submission and reprocess the compensation allocation.
• C.The worksheet goes to next level for approval.
• D.The lower-level manager's access level is changed to "Approved."