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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:
1. While administering compensation for the workforce, Manager X accidentally approves a lower manager's. Which three statements will be true in this case?
A) The lower-level manager can withdraw the submission and reprocess the compensation allocation.
B) The lower-level manager's access level is changed to "Approved."
C) The worksheet goes to next level for approval.
D) The lower-level manager can still make changes in the worksheet and resubmit it for approval.
2. A Corporation has implemented Oracle Fusion Compensation for a manufacturing client.
Which is the building block used in the calculation of deductions and exemptions?
A) Deduction ranges
B) Deduction overrides
C) Deduction range groups
D) Deduction range Values
3. Which three dates are mandatory while creating plan cycles?
A) HR Data Extraction Date
B) Worksheet Update Period Start Date
C) Plan Access Start Date
D) Default Due Date
E) Evaluation Period Start Date
4. 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
5. As an implementation consultant, you have defined a total compensation statement. You have defined three compensation items (a new hire bonus, a profit sharing bonus, and a quarterly bonus), which are attached to the bonus category. You no longer need the quarterly bonus item but you are unable to delete it.
Which statement is true for the given scenario?
A) The above scenario does not stand true as the item can be deleted.
B) The item cannot be deleted, because it is attached to a category.
C) More than one administrator might be using the item and, therefore, it cannot be deleted.
D) Before deleting the item, you must configure a zero value behavior for the item.
Solutions:
| Question # 1 Answer: A,B,D | Question # 2 Answer: C | Question # 3 Answer: A,B,E | Question # 4 Answer: A,B,D | Question # 5 Answer: C |
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