Updated: Sep 01, 2026
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| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Fusion HCM: Compensation 2014 Essentials |
| Exam Number: | 1z0-495 |
| Related Certifications: | Oracle Fusion Human Capital Management |
| Passing Score: | 62% |
| Exam Format: | Multiple Select, Multiple Choice |
| Certificate Validity Period: | Retired; no longer active |
| Real Exam Qty: | 71 |
| Exam Duration: | 120 minutes |
| Available Languages: | English |
| Exam Price: | $245 USD |
| 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/ |
| Section | Weight | Objectives |
|---|---|---|
| Base Pay Configuration | 20% | - Defining salary basis - Configuring salary components - Managing base pay structures |
| Individual Compensation | 20% | - Configuring compensation history - Managing contributions and approvals - Setting up individual compensation plans |
| Total Compensation Statements | 15% | - Generating and publishing statements - Managing statement layouts - Defining compensation statements |
| Workforce Compensation | 25% | - Designing compensation plans - Setting up worksheets, approvals, and access - Configuring plan cycles and budgets - Administering compensation changes and models |
| Elements, Formulas, and Eligibility | 20% | - Creating element eligibility criteria - Managing fast formulas - Describing element classifications and deductions |
Question 1
While configuring the Budget page, you are setting the properties of the job column.
Which two sections are available in the properties for the job column?
A. Legal Employee
B. Information
C. Default Value
D. General
Question 2
As compensation administrator, you are required to show "Actual Amounts paid to the worker" in the Total Compensation Statement. To meet this requirement, which component must be created?
A. Compensation Category
B. Compensation Item
C. Compensation Source
D. Compensation Statement Definition
Question 3
Which three statements are true regarding Plan Cycles?
A. You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.
B. Active plans are available to be cross-referenced, except plans with no started cycles.
C. You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.
D. All active plans are available to be cross-referenced, even plans with no started cycles.
E. You can display a target amount or custom score from a previous plan cycle In the current plan cycle.
Question 4
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 the Communication tab type (Configure Worksheet Page Layout)
B. Enable Components and create at least one component (Configure Compensation Component)
C. Configure related components (Configure Worksheet Page Layout: Detail Table tab)
D. Enable components and create a component linked to the budget pool (Configure Compensation Components)
Question 5
As an implementation consultant, you are defining entry values for an element in the Fusion application.
Which statement about selecting the rules for the element's entry value is true?
A. An element with the Automatic Entry option selected can allow multiple entries in the same period.
B. An element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
C. An element with the Automatic Entry option selected can allow multiple entries in the same period, and an element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
D. An element with the Automatic Entry option selected cannot allow multiple entries in the same period.
Solutions:
| Question 1 Answer: B,D | Question 2 Answer: B | Question 3 Answer: A,C,E | Question 4 Answer: B | Question 5 Answer: B |
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