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2021 Jan 1Z0-495 free question
Q21. You are configuring Fusion HCM Compensation Management for a customer. Which three tasksare part of Plan Foundation Configuration Options?
B. Plan Currency
C. Plan Access
E. Feedback Survey
Q22. The Fusion Compensation module must be integrated with Fusion Performance Rating. In which three ways can the performance rating be made available?
A. Integrate with Oracle Fusion Performance Management.
B. Use compensation performance ratings.
C. Use both Performance Management ratings and compensation ratings.
D. Integrate with Oracle Fusion Goal Management.
E. Integrate with Oracle Fusion Profile Management.
Q23. Which two methods can be used by the Compensation Administrator to publish budgets?
A. Publish budgets manually.
B. Copy budget amounts from a previous cycle.
C. Use a model to distribute budgets.
D. Publish budgets automatically by running the Build Model process.
Q24. Performance Ratings is enabled in compensation plan. Which three statements are correct regarding performance ratings?
A. If you use performance ratings while allocating compensation, you can display the latest ratings to the managers during the compensation cycle.
B. You can allow managers to enter performance ratings during the compensation cycle to be used only in the compensation plan.
C. You cannot make performance ratings and documents completed in Oracle Fusion Performance Management available to managers from the worksheet.
D. You can allow managers to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.
Q25. You create a compensationplan and attach a Compensation Performance rating model to it.While the manager is allocatingcompensation, he specifiesa rating for each of theemployeesunderhim.Where will the rating specifiedby the manager be available?
A. Only within the current compensation plan and all cycles associated with it
B. Only within the current compensation plan and the current cycle
C. To the current compensation plan and the Performance Management system
D. To the current compensation plan and HR system
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Q26. A compensation manager of a corporation is setting up a new salary basis for the employees. Which statement is true about payroll elements set up for a salary basis?
A. Recurring elements can be linked to multiple salary bases only if they are classified as earnings elements and configured to allow multiple entries in the same period.
B. Recurring elements can be linked to multiple salary bases only if they are classified as earnings elements, and they need not be configured to allow multiple entries in the same period.
C. Multiple payroll elements can be attached a salary basis.
D. Payroll elements of any classification type can be attached to a salary basis.
Q27. While configuring theBudget page, you aresetting the propertiesof the job column.
Which two sections are availablein the propertiesfor the job column?
B. Default Value
D. Legal Employee
Q28. A manager publishes budgets as amounts to the managers reporting to him. The following table shows the allocations made to each direct report (managers) and the total salaries of the employees in their chain.
Now, one of Manager 2's employees with eligible salary of $ 100,000 is reassigned to Manager 3. What will be the impact on Budget Percentage?
A. No Impact. The budget allocated to the employee will automatically be allocated to Manager 3. Budget percentage will remain as 10.
B. Allocated budget will not change. Budget percentage of Manager 2 will increase to 12.5% and Manager 3 will decrease to 8%.
C. Allocated budget will not change. Budget percentage of Manager 3 will increase to 12.5% and Manager 2 will decrease to 8%.
D. Budget allocated for the employee will be released back to the manager for reallocation. Budget percentage will remain unchanged.
Q29. Which three statements are true regarding Plan Cycles?
A. All active plans are available to be cross-referenced, even plans with no started cycles.
B. You can display a target amount or custom score from a previous plan cycle In the current plan cycle.
C. Active plans are available to be cross-referenced, except plans with no started cycles.
D. You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.
E. You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.
Q30. A corporation started giving performance bonuses to eligible employees on a monthly basis. As a compensation administrator, you are required to display performance bonuses with similar or related compensation items.
How will you configure this requirement in the Fusion application?
A. Attach performance bonuses to similar compensation items.
B. Attach performance bonuses to similar compensation categories/subcategories.
C. Attach performance bonuses to similar elements.
D. Attach performance bonuses to similar sources.