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Updated: Sep 24, 2026
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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 Format: | Multiple Choice, Scenario-based Questions |
| Related Certifications: | Oracle Fusion HCM Core HR Oracle Fusion HCM Foundations |
| Available Languages: | English |
| Recommended Training: | Oracle Fusion HCM Training Courses |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: | Oracle 1z0-495 Sample Questions |
| Exam Way: | Computer-based exam (proctored test center or online proctoring depending on region) |
| Official Syllabus URL: | https://education.oracle.com/ |
Oracle 1z0-495 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Reporting and Analysis | - Compensation Reporting - Analytics in Fusion HCM Compensation |
| Topic 2: Compensation Workflows and Approvals | - Workflow Configuration - Approval Rules |
| Topic 3: Compensation Foundations in Oracle Fusion HCM | - Role of Compensation in HCM Cloud - Overview of Compensation Structures |
| Topic 4: Compensation Setup and Configuration | - Manage Compensation Plans - Eligibility Profiles - Salary Basis and Grades |
| Topic 5: Salary and Bonus Management | - Bonus and Incentive Plans - Salary Administration |
Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:
While administering compensation, the managers in the organization want to first allocate compensation to the outstanding performers with compa-ratio less than 80 and, therefore, want to view only this population. How would you, as a consultant, help the managers achieve this?
- A. Use the sort feature in the worksheet to control this.
- B. Control the population by using eligibility profiles.
- C. This cannot be done once the population is finalized and the compensation cycle is started.
- D. Use the Advanced Filter option in the worksheet to create a custom condition.
Correct Answer: A 🗳️
Your client wants you to create a single Compensation Change statement that includes compensation awarded for multiple plans. What would you, as an implementation consultant, advise your client?
- A. Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.
- B. Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.
- C. Create a custom data model that can pull compensation awarded from different plans and display the data using a BI publisher layout.
- D. This is possible only in the on-premises model using customization and is not possible inan SaaS instance. Therefore, you would respond accordingly to the client.
Correct Answer: A 🗳️
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. Statement definitions
- B. Compensation Items
- C. Level of detail
- D. Category Detail
- E. Category Type
- F. Contribution Type and Unit of Measure
Correct Answer: B,C,F 🗳️
Which three dates are mandatory while creating plan cycles?
- A. Default Due Date
- B. Evaluation Period Start Date
- C. HR Data Extraction Date
- D. Worksheet Update Period Start Date
- E. Plan Access Start Date
Correct Answer: B,C,D 🗳️
Your client's compensation plan for employees includes a component that is based on years of service in the organization. If a person completes 10 years in the company, he or she will be eligible for a seniority component and the associated fixed salary amount. What type of eligibility profile you would need to create in order to track work experience of people?
- A. User-defined-criteria-based eligibility profile using hire date
- B. Employment-based-eligibility-criteria using length of service
- C. Derived-factor-based eligibility criteria using length of service
- D. Employment-based eligibility criteria using hire date
Correct Answer: A 🗳️
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