Learn with Oracle : 1z0-495 training material for 100% pass
Updated: Aug 30, 2026
No. of Questions: 71 Questions & Answers with Testing Engine
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Oracle 1z0-495 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Fusion HCM: Compensation 2014 Essentials |
| Exam Number: | 1z0-495 |
| Exam Duration: | 120 minutes |
| Real Exam Qty: | 71 |
| Certificate Validity Period: | Retired; no longer active |
| Exam Price: | $245 USD |
| Related Certifications: | Oracle Fusion Human Capital Management |
| Exam Format: | Multiple Select, Multiple Choice |
| Available Languages: | English |
| Passing Score: | 62% |
| Recommended Training: | Oracle Fusion HCM: Compensation 2014 Implementation Training |
| Exam Registration: | Pearson VUE Oracle Certification Portal |
| Sample Questions: | Oracle 1z0-495 Sample Questions |
| Exam Way: | In-person at Pearson VUE test centers or online proctored (before retirement) |
| Pre Condition: | No mandatory prerequisites; recommended hands-on experience with Oracle Fusion HCM Compensation |
| Official Syllabus URL: | https://education.oracle.com/ |
Oracle 1z0-495 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Workforce Compensation | 25% | - Designing compensation plans - Administering compensation changes and models - Configuring plan cycles and budgets - Setting up worksheets, approvals, and access |
| Base Pay Configuration | 20% | - Defining salary basis - Configuring salary components - Managing base pay structures |
| Elements, Formulas, and Eligibility | 20% | - Describing element classifications and deductions - Creating element eligibility criteria - Managing fast formulas |
| Total Compensation Statements | 15% | - Defining compensation statements - Generating and publishing statements - Managing statement layouts |
| Individual Compensation | 20% | - Setting up individual compensation plans - Configuring compensation history - Managing contributions and approvals |
Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:
Question 1
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. Contribution Type and Unit of Measure
B. Compensation Items
C. Category Type
D. Statement definitions
E. Level of detail
F. Category Detail
Question 2
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. Regular and automatic adjustment
B. Market adjustment due to salary being out of line with the market
C. Equity adjustment to correct salary compression or inversion
D. Adjustment due to corrections within the organization
Question 3
Your client's eligibility criteria requiresyou to create user-defined criteria. While creating, you realize that certain fields are available to you. Upon researching you find out that only fields from the following two records and for fields that do not belong to these records fast formula is required.
Which are those two records?
A. Compensation History
B. AssignmentTables
C. Person Attributes
D. Legislative Information
Question 4
A corporation implemented oracle Fusion Compensation. The Fusion Consultant followed the approach of Fusion Fast Formula instead of using Dynamic calculation in the Compensation Plan.
Which three statements are true about Fusion Fast Formula?
A. Compensation start date and Compensation end date are individual Compensation Plan Formula types.
B. Fast Formulas support the business need when existing rules and parameters are adequate.
C. "Working Storage Area" is not one of the components of Fusion Fast Formula.
D. Compensation default and override formula types default the value of a column of Workforce Compensation Plan.
E. Use Fast Formulas instead of existing application code to obtain non-standard results.
Question 5
Identify the three correct statements for an alternate approver hierarchy.
A. By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set or sequence of approvers.
B. The highest Approval sequence is the final approver.
C. The alternate approver must be a part of the regular plan hierarchy.
D. You can create multiple approvers for the same manager.
Solutions:
| Question 1 Answer: A,B,E | Question 2 Answer: A,B,D | Question 3 Answer: B,C | Question 4 Answer: B,C,D | Question 5 Answer: A,B,D |
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