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Updated: Sep 15, 2026
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Oracle 1z1-495 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Fusion HCM: Compensation 2014 Essentials |
| Exam Number: | 1Z0-495 |
| Related Certifications: | Oracle Fusion HCM Core HR Oracle Fusion HCM Foundations |
| Exam Format: | Multiple Choice, Scenario-based Questions |
| Available Languages: | English |
| Recommended Training: | Oracle Fusion HCM Training Courses |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: | Oracle 1z1-495 Sample Questions |
| Exam Way: | Computer-based exam (proctored test center or online proctoring depending on region) |
| Official Syllabus URL: | https://education.oracle.com/ |
Oracle 1z1-495 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Reporting and Analysis | - Analytics in Fusion HCM Compensation - Compensation Reporting |
| Topic 2: Compensation Foundations in Oracle Fusion HCM | - Role of Compensation in HCM Cloud - Overview of Compensation Structures |
| Topic 3: Compensation Workflows and Approvals | - Approval Rules - Workflow Configuration |
| Topic 4: Salary and Bonus Management | - Bonus and Incentive Plans - Salary Administration |
| Topic 5: Compensation Setup and Configuration | - Salary Basis and Grades - Manage Compensation Plans - Eligibility Profiles |
Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:
While implementing Oracle Fusion Compensation Management for client XYZ, you are grouping compensation items and categories for displaying them together. Therefore, when planning how to group compensation items and categories, you must consider which three options?
- A. Category Detail
- B. Contribution Type and Unit of Measure
- C. Level of detail
- D. Category Type
- E. Compensation Items
- F. Statement definitions
Correct Answer: B,C,E 🗳️
You want to use the Workforce Compensation Budget pool for a workforce compensation plan.
Select the task to be performed, in the correct sequence.
a)Configure the workforce compensation budget pool
b)Configure the workforce compensation plan details
c)Run the Start Compensation plan
d)Create at least one worksheet compensation component and associate the budget pool with it.
- A. Create the workforce compensation plan. Configure the workforce compensation budget pool,Create at least one worksheet compensation component and associate the budget pool with it, Configure the workforce compensation plan details. Run the Start Compensation Cycle process.
- B. Configure the workforce compensation budget pool, Configure the workforce compensation plan details, Run the Start Compensation Cycle process, Create the workforce compensation plan, Create at least one worksheet compensation component and associate the budget pool with it.
- C. Run the Start Compensation Cycle process, Create the workforce compensation plan, Configure the workforce compensation budget pool. Create at least one worksheet compensation component and associate the budget pool with it, Configure the workforce compensation plan details
- D. Create the workforce compensation plan, Configure the workforce compensation plan details. Configure the workforce compensation budget pool, Create at (east one worksheet compensation component and associate the budget pool with it, Run the Start Compensation Cycle process.
- E. Create the workforce compensation plan. Configure the workforce compensation budget pool,Configure the workforce compensation plan details, Create at least one worksheet compensation component and associate the budget pool with it, Run the Start Compensation Cycle process.
Correct Answer: C 🗳️
Which four options are valid refresh options for the Refresh Data process?
- A. Refresh Base and Eligible Salary
- B. Refresh HR Data
- C. Refresh Plan Currency
- D. Refresh Plan Access
- E. Refresh Manager Hierarchy
- F. Refresh Budget Pools
- G. Reevaluate Eligibility
Correct Answer: B,D,F,G 🗳️
A Corporation has implemented Oracle Fusion Compensation for a manufacturing client.
Which is the building block used in the calculation of deductions and exemptions?
- A. Deduction range Values
- B. Deduction range groups
- C. Deduction ranges
- D. Deduction overrides
Correct Answer: B 🗳️
You can use predefined alerts to notify managers about issues on the worksheet that need their attention.
Which four predefined alerts are available?
- A. Salary changed in HR
- B. Worker was terminated
- C. Allocation outside target range
- D. Grade changed in HR
- E. Job changed in HR
- F. Worker is on long-term leave
Correct Answer: B,C,D,F 🗳️
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