Oracle 1z1-495 : Oracle Fusion HCM: Compensation 2014 Essentials

Pass 1z1-495 Exam Cram

Exam Code: 1z1-495

Exam Name: Oracle Fusion HCM: Compensation 2014 Essentials

Updated: Sep 20, 2026

Q & A: 71 Questions and Answers

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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:Multiple Select, Multiple Choice
Exam Duration:120 minutes
Exam Price:$245 USD
Certificate Validity Period:Retired; no longer active
Passing Score:62%
Real Exam Qty:71
Related Certifications:Oracle Fusion Human Capital Management
Available Languages:English
Recommended Training:Oracle Fusion HCM: Compensation 2014 Implementation Training
Exam Registration:Pearson VUE
Oracle Certification Portal
Sample Questions:Free Download Pass 1z1-495 Exam Cram
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 1z1-495 Exam Syllabus Topics:
SectionWeightObjectives
Topic 1: Base Pay Configuration20%- Configuring salary components
- Defining salary basis
- Managing base pay structures
Topic 2: Workforce Compensation25%- Designing compensation plans
- Setting up worksheets, approvals, and access
- Configuring plan cycles and budgets
- Administering compensation changes and models
Topic 3: Individual Compensation20%- Managing contributions and approvals
- Setting up individual compensation plans
- Configuring compensation history
Topic 4: Elements, Formulas, and Eligibility20%- Describing element classifications and deductions
- Creating element eligibility criteria
- Managing fast formulas
Topic 5: Total Compensation Statements15%- Managing statement layouts
- Generating and publishing statements
- Defining compensation statements

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The 1z1-495 exam is the official assessment for the Oracle Fusion HCM: Compensation 2014 Essentials certification from Oracle. Across the wide landscape of IT certifications, this credential verifies that you can apply its published objectives in realistic scenarios — and since most candidates aim to succeed in one focused attempt, the quality of your practice material is the variable that matters most.

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Passing the 1z1-495 exam requires 62%, and the registration fee is $245 USD. Since one focused attempt is the goal for most candidates, thorough practice beforehand protects both your score and your wallet.

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No mandatory prerequisites; recommended hands-on experience with Oracle Fusion HCM Compensation

Oracle offers these training resources for candidates:

Pair official training with a practice bank compiled by an expert team, and your preparation covers both understanding and application.

The official outline organizes the 1z1-495 exam into weighted domains, including:

  • Workforce Compensation (25%)
  • Base Pay Configuration (20%)
  • Individual Compensation (20%)

The Oracle Fusion HCM: Compensation 2014 Essentials practice questions at Pass4cram are built around these same objectives — request the free demo by email to see how the content maps onto them.

The 1z1-495 exam contains 71 questions with 120 minutes minutes to complete them. Timed practice under the same limits is the reliable way to make that constraint feel routine.

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:
Question #1

You can use predefined alerts to notify managers about issues on the worksheet that need their attention.
Which four predefined alerts are available?

  • A. Job changed in HR
  • B. Salary changed in HR
  • C. Allocation outside target range
  • D. Grade changed in HR
  • E. Worker is on long-term leave
  • F. Worker was terminated
Reveal Solution  Discussion  0

Correct Answer: C,D,E,F  🗳️

Question #2

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. 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
  • C. 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.
  • D. 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.
  • 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.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #3

As an implementation consultant, you are required to define the total compensation statement. You are creating the statement definitions for your compensation statement.
Which three statements are true about the statement definitions?

  • A. Edits to compensation categories affect all statement definitions that use that category.
  • B. Compensation items with sources belonging to different legal employers cannot be added.
  • C. Reusing statement definitions by creating new statement periods and then modifying the definition for subsequent periods is not possible.
  • D. The statement definition acts as a template and determines the layout and content of the generated statement.
  • E. Multiple legal employers, multiple countries, and multiple currencies cannot be included in one statement.
  • F. The statement definition consists of compensation items added to compensation categories.
Reveal Solution  Discussion  0

Correct Answer: C,E,F  🗳️

Question #4

Which three dates are mandatory while creating plan cycles?

  • A. Default Due Date
  • B. HR Data Extraction Date
  • C. Worksheet Update Period Start Date
  • D. Plan Access Start Date
  • E. Evaluation Period Start Date
Reveal Solution  Discussion  0

Correct Answer: B,C,E  🗳️

Question #5

As an implementation consultant, you have created compensation items for the total compensation statement but have not attached them to compensation categories.
In this situation, which statement is correct?

  • A. You can add items to statement definitions directly.
  • B. To include items in statements you must add items to a compensation category.
  • C. You can add items to statement definitions directly, and to include Items in statements you must add items to a compensation category.
  • D. You cannot add items to statement definitions directly, and you cannot add items to a compensation category.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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