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Updated: Sep 28, 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
Exam Format:Scenario-based Questions, Multiple Choice
Related Certifications:Oracle Fusion HCM Foundations
Oracle Fusion HCM Core HR
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:

SectionObjectives
Topic 1: Reporting and Analysis- Compensation Reporting
- Analytics in Fusion HCM Compensation
Topic 2: Salary and Bonus Management- Salary Administration
- Bonus and Incentive Plans
Topic 3: Compensation Setup and Configuration- Eligibility Profiles
- Salary Basis and Grades
- Manage Compensation Plans
Topic 4: Compensation Foundations in Oracle Fusion HCM- Overview of Compensation Structures
- Role of Compensation in HCM Cloud
Topic 5: Compensation Workflows and Approvals- Workflow Configuration
- Approval Rules

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

Question #1

A corporation needs to set up a compensation plan for a Housing allowance that will allow the company to grant these allowances to only employees above a particular role.
Identify the option that indicates the correct way of implementing it.

  • A. Set up a salary basis and restrict the eligibility to the required roles.
  • B. Set up role-based security to the Individual compensation wor1< area so that only managers are allowed.
  • C. The payroll administrator must add the element to the employees in the specified roles, because this cannot be achieved through configuration.
  • D. Set up access restrictions to the individual compensation plan using the correct HR act/on so that it can be added only to the specific roles.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #2

While creating a compensation plan, the compensation manager of your client's organization chooses to enable Compensation Change statement, as an implementation consultant, which is the dependantconfiguration that you would advise the compensation manager to platform?

  • A. Enable Components and create at least one component (Configure Compensation Component)
  • B. Enable the Communication tab type (Configure Worksheet Page Layout)
  • C. Enable components and create a component linked to the budget pool (Configure Compensation Components)
  • D. Configure related components (Configure Worksheet Page Layout: Detail Table tab)
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #3

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. Adjustment due to corrections within the organization
  • B. Market adjustment due to salary being out of line with the market
  • C. Equity adjustment to correct salary compression or inversion
  • D. Regular and automatic adjustment
Reveal Solution  Discussion  0

Correct Answer: A,B,D  🗳️

Question #4

Which two methods can be used by the Compensation Administrator to publish budgets?

  • A. Copy budget amounts from a previous cycle.
  • B. Use a model to distribute budgets.
  • C. Publish budgets manually.
  • D. Publish budgets automatically by running the Build Model process.
Reveal Solution  Discussion  0

Correct Answer: A,B  🗳️

Question #5

Which four options are valid refresh options for the Refresh Data process?

  • A. Refresh Budget Pools
  • B. Refresh HR Data
  • C. Refresh Plan Access
  • D. Refresh Manager Hierarchy
  • E. Reevaluate Eligibility
  • F. Refresh Base and Eligible Salary
  • G. Refresh Plan Currency
Reveal Solution  Discussion  0

Correct Answer: A,B,C,E  🗳️

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