- Exam Code: 1z0-495
- Exam Name: Oracle Fusion HCM: Compensation 2014 Essentials
- Updated: Sep 07, 2026
- Q & A: 71 Questions and Answers
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| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Fusion HCM: Compensation 2014 Essentials |
| Exam Number: | 1Z0-495 |
| Real Exam Qty: | 71 |
| Exam Format: | Multiple choice |
| Sample Questions: | ![]() |
| Section | Objectives |
|---|---|
| Compensation Basics | - Salary and Compensation Components - Compensation Plan Concepts |
| Plan Configuration | - Eligibility and Profiles - Budgeting and Worksheets |
| Total Compensation Statements | - Statement Definitions |
Oracle Fusion HCM: Compensation 2014 Essentials is an official certification exam from Oracle, identified by the exam code 1z0-495. Pass it and you hold the Oracle Applications certification. It also feeds into related credentials, including . In practical terms, this certification tells employers your skills have been measured against the vendor's own standard, which is why certified candidates tend to stand out in hiring and promotion decisions.
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A 100% money-back guarantee applies, governed by clear conditions. If you sit the Oracle Fusion HCM: Compensation 2014 Essentials exam within 60 days of purchase and fail, you can claim a full refund, as long as the exam corresponds to your product. Attempts made within 3 days of purchase are ineligible, as are products you downloaded but never used, free materials, and expired orders; the name on the exam record must match the payer's name. File your claim with a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and it is settled within 7 days. Rather have a replacement than a refund? You may exchange for two other exam products of equal value, free, and your original product keeps its update service.
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The Oracle Fusion HCM: Compensation 2014 Essentials blueprint spans 3 domains. The ones carrying the most weight include Plan Configuration, Total Compensation Statements, and Compensation Basics. The complete domain-by-domain breakdown is in the exam topics section above; treat it as your master checklist and let the weights tell you where your study hours earn the most.
Which three dates are mandatory while creating plan cycles?
Correct Answer: A,B,E 🗳️
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?
Correct Answer: D 🗳️
Per your client 5 policy on eligibility for a compensation revision cycle, employees who are in a notice period are not eligible. Manager X is currently in a notice period, but his direct reports are still eligible compensation cycle. You observe that the system allows Manager X to administer compensation for his direct reports.
You research this and find out that Manager X is still allowed to carry out the compensation allocation because his Eligibility Status is_____________.
Correct Answer: E 🗳️
Identify the three choices when configuring approvals.
Correct Answer: A,B,C 🗳️
A corporation is implementing Oracle Fusion Compensation Management and must set up salary bases. Employees are assigned different grades within the organization and the salaries are dependent on the grades.
What is the correct way to set up the salary bases?
Correct Answer: B 🗳️
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