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Oracle 1Z0-495 Exam Sample Questions

Question: 5

A corporation implemented Oracle Fusion Compensation Management. A Salary Basis has been created and attached to the workers and a Compensation cycle has been run. The corporation now wants to use a different Grade rate for the salary basis.

Which option is true?

  1. After the salary basis is associated with any worker, you cannot delete it or modify any characteristic. Therefore, a new Salary Basis must be created with a new Grade rate.
  2. A new Grade rate can be created and the Salary basis can be modified to include it.
  3. No new Grade rate can be created.
  4. The salary of an employee is based on the grade to which the employee is assigned. Therefore, nothing has to be changed at the salary basis level once it has been created. Employee data must be modified to reflect the new grade.


Answer: A

Question: 5

A corporation implemented Oracle Fusion Compensation Management. A Salary Basis has been created and attached to the workers and a Compensation cycle has been run. The corporation now wants to use a different Grade rate for the salary basis.

Which option is true?

  1. After the salary basis is associated with any worker, you cannot delete it or modify any characteristic. Therefore, a new Salary Basis must be created with a new Grade rate.
  2. A new Grade rate can be created and the Salary basis can be modified to include it.
  3. No new Grade rate can be created.
  4. The salary of an employee is based on the grade to which the employee is assigned. Therefore, nothing has to be changed at the salary basis level once it has been created. Employee data must be modified to reflect the new grade.


Answer: A

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Question: 4

As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items?

  1. Compensation items are the foundation upon which the Compensation Statement is built.
  2. Compensation items cannot be used across statement definitions.
  3. Compensation items need not be mapped to the specific source from which the compensation information is retrieved.
  4. Compensation items can be added to statement definitions directly.
  5. Compensation items are added to a compensation category to include them in statements.


Answer: B,D

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Question: 5

A corporation implemented Oracle Fusion Compensation Management. A Salary Basis has been created and attached to the workers and a Compensation cycle has been run. The corporation now wants to use a different Grade rate for the salary basis.

Which option is true?

  1. After the salary basis is associated with any worker, you cannot delete it or modify any characteristic. Therefore, a new Salary Basis must be created with a new Grade rate.
  2. A new Grade rate can be created and the Salary basis can be modified to include it.
  3. No new Grade rate can be created.
  4. The salary of an employee is based on the grade to which the employee is assigned. Therefore, nothing has to be changed at the salary basis level once it has been created. Employee data must be modified to reflect the new grade.


Answer: A

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Question: 5

A corporation implemented Oracle Fusion Compensation Management. A Salary Basis has been created and attached to the workers and a Compensation cycle has been run. The corporation now wants to use a different Grade rate for the salary basis.

Which option is true?

  1. After the salary basis is associated with any worker, you cannot delete it or modify any characteristic. Therefore, a new Salary Basis must be created with a new Grade rate.
  2. A new Grade rate can be created and the Salary basis can be modified to include it.
  3. No new Grade rate can be created.
  4. The salary of an employee is based on the grade to which the employee is assigned. Therefore, nothing has to be changed at the salary basis level once it has been created. Employee data must be modified to reflect the new grade.


Answer: A

Question: 5

A corporation implemented Oracle Fusion Compensation Management. A Salary Basis has been created and attached to the workers and a Compensation cycle has been run. The corporation now wants to use a different Grade rate for the salary basis.

Which option is true?

  1. After the salary basis is associated with any worker, you cannot delete it or modify any characteristic. Therefore, a new Salary Basis must be created with a new Grade rate.
  2. A new Grade rate can be created and the Salary basis can be modified to include it.
  3. No new Grade rate can be created.
  4. The salary of an employee is based on the grade to which the employee is assigned. Therefore, nothing has to be changed at the salary basis level once it has been created. Employee data must be modified to reflect the new grade.


Answer: A

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