Online Access Free 1z1-495 Exam Questions

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

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

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

As an implementation consultant, you have defined a total compensation statement. You have defined three compensation items (a new hire bonus, a profit sharing bonus, and a quarterly bonus), which are attached to the bonus category. You no longer need the quarterly bonus item but you are unable to delete it.
Which statement is true for the given scenario?

• A.More than one administrator might be using the item and, therefore, it cannot be deleted.
• B.The above scenario does not stand true as the item can be deleted.
• C.Before deleting the item, you must configure a zero value behavior for the item.
• D.The item cannot be deleted, because it is attached to a category.

A corporation is implementing Oracle Fusion Compensation Management and has set up an Individual Compensation plan for contribution towards a retirement benefit. This contribution must be approved by the four-level manager hierarchy.
Identify all the four builders that support a restriction for the number of levels.

• A.Resource
• B.Supervisory
• C.Position
• D.Department Level
• E.Job level
• F.Management Chain

Which five tasks can be performed by a compensation manager?

• A.Generate company-configured compensation change statements to notify workers of a compensation award, job change, or performance rating assignment.
• B.Determine compensation amounts offline by downloading details to a spreadsheet.
• C.Review and approve work of Superior Manager.
• D.Promote and rate worker performance while allocating compensation.
• E.Allocate compensation.
• F.Analyze proposed changes for equity among peer groups and by manager, alignment with the market, and pay for performance strategies.