Updated: Aug 30, 2026
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| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Fusion HCM: Compensation 2014 Essentials |
| Exam Number: | 1z0-495 |
| Exam Duration: | 120 minutes |
| Passing Score: | 62% |
| Certificate Validity Period: | Retired; no longer active |
| Exam Price: | $245 USD |
| Real Exam Qty: | 71 |
| Exam Format: | Multiple Select, Multiple Choice |
| 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: | 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 |
|---|---|---|
| Elements, Formulas, and Eligibility | 20% | - Creating element eligibility criteria - Managing fast formulas - Describing element classifications and deductions |
| Individual Compensation | 20% | - Managing contributions and approvals - Configuring compensation history - Setting up individual compensation plans |
| Workforce Compensation | 25% | - Configuring plan cycles and budgets - Designing compensation plans - Setting up worksheets, approvals, and access - Administering compensation changes and models |
| Total Compensation Statements | 15% | - Defining compensation statements - Generating and publishing statements - Managing statement layouts |
| Base Pay Configuration | 20% | - Defining salary basis - Managing base pay structures - Configuring salary components |
Question 1
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. Contribution Type and Unit of Measure
B. Level of detail
C. Statement definitions
D. Category Type
E. Compensation Items
F. Category Detail
Question 2
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. Regular and automatic adjustment
C. Equity adjustment to correct salary compression or inversion
D. Market adjustment due to salary being out of line with the market
Question 3
Which four options are valid refresh options for the Refresh Data process?
A. Reevaluate Eligibility
B. Refresh Plan Currency
C. Refresh Manager Hierarchy
D. Refresh Plan Access
E. Refresh Base and Eligible Salary
F. Refresh HR Data
G. Refresh Budget Pools
Question 4
Which two tasks are true about components in worksheet configurations?
A. Each component has to be of a separate type, such as salary or bonus.
B. Plans must have at least one component if awarding compensation.
C. You can create up to five components to represent the different types of compensation that you want to award within a plan.
D. There is the flexibility to add any number of components within a compensation plan.
Question 5
A Corporation has implemented Oracle Fusion Compensation for a manufacturing client. Per the business requirements, the Fusion consultant must integrate Oracle Fusion Compensation with Oracle Fusion Benefits to fetch the value of Benefits Amount as one of the input values for the Benefit element to get the eligible salary of the employee for the compensation process.
Identify the option that will enable the fetching of Benefits Amount.
A. Database items are created by default for the element input values.
B. Select "Pay Separately" as the "Special Purpose" option.
C. Create an "Amount" input value at the element eligibility link level.
D. Select the "Allow User Entry" and "Create a Database Item" check boxes for the element input value.
Solutions:
| Question 1 Answer: A,B,E | Question 2 Answer: A,B,D | Question 3 Answer: A,D,F,G | Question 4 Answer: C,D | Question 5 Answer: C |
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