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Updated: Sep 10, 2026

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Oracle 1z0-495 Exam Overview:

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 Price:$245 USD
Exam Format:Multiple Choice, Multiple Select
Certificate Validity Period:Retired; no longer active
Exam Duration:120 minutes
Available Languages:English
Real Exam Qty:71
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/

Oracle 1z0-495 Exam Syllabus Topics:

SectionWeightObjectives
Base Pay Configuration20%- Defining salary basis
- Managing base pay structures
- Configuring salary components
Elements, Formulas, and Eligibility20%- Creating element eligibility criteria
- Describing element classifications and deductions
- Managing fast formulas
Workforce Compensation25%- Configuring plan cycles and budgets
- Designing compensation plans
- Administering compensation changes and models
- Setting up worksheets, approvals, and access
Total Compensation Statements15%- Managing statement layouts
- Generating and publishing statements
- Defining compensation statements
Individual Compensation20%- Managing contributions and approvals
- Configuring compensation history
- Setting up individual compensation plans

Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

Question #1

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

Correct Answer: A,B,D  🗳️

Question #2

You are required to explain to your client the use of Hierarchy design in Compensation Process.
Which two Compensation-related activities use Hierarchy?

  • A. Feedback survey
  • B. Approval routing
  • C. Plan access
  • D. Sending Compensation alerts
  • E. Allocating budgets
Reveal Solution  Discussion  0

Correct Answer: A,B  🗳️

Question #3

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. General
  • B. Default Value
  • C. Legal Employee
  • D. Information
Reveal Solution  Discussion  0

Correct Answer: A,D  🗳️

Question #4

You have created a Compensation Plan and configured the plan details. However, when you try to runthe "Start Compensation Cycle" process, you are not able to see the plan you created in the ilk that appear.
Which three options could be possible reasons for this?

  • A. The Compensation Administrator or equivalent role is not attached to your plan.
  • B. Restrict Plan access is set to "NO"; however, the roles that are allowed are not specified.
  • C. Restrict Plan access is set to "YFS" and the Compensation Administrator role is added to the list of roles in "Plan access from Compensation work area."
  • D. Access to the Compensation Administrator role is restricted in Plan Access.
  • E. Your user role does not have access to view the plan.
Reveal Solution  Discussion  0

Correct Answer: C,D,E  🗳️

Question #5

Which alert is advised to be disabled when you are using HCM co-existence between Oracle PeopleSoft HCM and Oracle Fusion Compensation?

  • A. Leave of Absence
  • B. Employee termination
  • C. Allocation exceeding target
  • D. Any custom alert
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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