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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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| 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| Certificate Validity Period: | Retired; no longer active |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: | ![]() |
| 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/ |
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Base Pay Configuration | 20% | - Configuring salary components - Defining salary basis - Managing base pay structures |
| Topic 2: Workforce Compensation | 25% | - Designing compensation plans - Setting up worksheets, approvals, and access - Configuring plan cycles and budgets - Administering compensation changes and models |
| Topic 3: Individual Compensation | 20% | - Managing contributions and approvals - Setting up individual compensation plans - Configuring compensation history |
| Topic 4: Elements, Formulas, and Eligibility | 20% | - Describing element classifications and deductions - Creating element eligibility criteria - Managing fast formulas |
| Topic 5: Total Compensation Statements | 15% | - 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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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:
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You can use predefined alerts to notify managers about issues on the worksheet that need their attention.
Which four predefined alerts are available?
Correct Answer: C,D,E,F 🗳️
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.
Correct Answer: B 🗳️
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?
Correct Answer: C,E,F 🗳️
Which three dates are mandatory while creating plan cycles?
Correct Answer: B,C,E 🗳️
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?
Correct Answer: B 🗳️
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