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Last Updated: Sep 07, 2026
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Oracle 1z1-495 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Elements, Formulas, and Eligibility | 20% | - Describing element classifications and deductions - Creating element eligibility criteria - Managing fast formulas |
| Topic 2: Total Compensation Statements | 15% | - Managing statement layouts - Generating and publishing statements - Defining compensation statements |
| Topic 3: Workforce Compensation | 25% | - Designing compensation plans - Setting up worksheets, approvals, and access - Administering compensation changes and models - Configuring plan cycles and budgets |
| Topic 4: Base Pay Configuration | 20% | - Managing base pay structures - Configuring salary components - Defining salary basis |
| Topic 5: Individual Compensation | 20% | - Configuring compensation history - Setting up individual compensation plans - Managing contributions and approvals |
Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:
Identify the three correct statements for an alternate approver hierarchy.
- A. You can create multiple approvers for the same manager.
- B. The highest Approval sequence is the final approver.
- C. By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set or sequence of approvers.
- D. The alternate approver must be a part of the regular plan hierarchy.
Correct Answer: A,B,C 🗳️
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. Display the corporate currency
- B. Use fast formula to display the employee currency using conversion rates
- C. Enable currency switching
- D. Set the preferred currency in the worksheet
Correct Answer: C 🗳️
A corporation implemented Oracle Fusion Compensation Management. A salary bas/s has been created and attached to the employee and a compensation cycle has been run. The corporation wants to include a new component as part of the salary basis.
Which three are predefined components?
- A. Equity adjustment to correct salary compression or inversion
- B. Regular and automatic adjustment
- C. Adjustment due to corrections within the organization
- D. Market adjustment due to salary being out of line with the market
Correct Answer: B,C,D 🗳️
As an implementation consultant, you are defining entry values for an element in the Fusion application.
Which statement about selecting the rules for the element's entry value is true?
- A. An element with the Automatic Entry option selected can allow multiple entries in the same period, and an element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
- B. An element with the Automatic Entry option selected can allow multiple entries in the same period.
- C. An element with the Automatic Entry option selected cannot allow multiple entries in the same period.
- D. An element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
Correct Answer: D 🗳️
As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for the same. Which four source types are available for selection while creating a compensation item for the total compensation statement?
- A. Formula
- B. Input Value
- C. Payroll Balance
- D. Deduction Range
- E. Benefit Balance
- F. Element Entry
Correct Answer: B,C,E,F 🗳️
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