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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. Your client's compensation plan for employees includes a component that is based on years of service in the organization. If a person completes 10 years in the company, he or she will be eligible for a seniority component and the associated fixed salary amount. What type of eligibility profile you would need to create in order to track work experience of people?

A) User-defined-criteria-based eligibility profile using hire date
B) Employment-based-eligibility-criteria using length of service
C) Derived-factor-based eligibility criteria using length of service
D) Employment-based eligibility criteria using hire date

2. The Fusion Compensation module must be integrated with Fusion Performance Rating. In which three ways can the performance rating be made available?

A) Use both Performance Management ratings and compensation ratings.
B) Integrate with Oracle Fusion Goal Management.
C) Use compensation performance ratings.
D) Integrate with Oracle Fusion Performance Management.
E) Integrate with Oracle Fusion Profile Management.

3. A corporation has implemented Oracle Fusion Compensation for a manufacturing client. The Fusion consultant must create an element eligibility link for an Earnings element.
While creating the element eligibility link, which three options can be set up in the element eligibility work area?

A) Auto indirect rules
B) Retroactive components
C) Input values
D) Status processing rules
E) General information
F) Costing

4. 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

5. As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items?

A) Compensation items are the foundation upon which the Compensation Statement is built.
B) Compensation items can be added to statement definitions directly.
C) Compensation items need not be mapped to the specific source from which the compensation information is retrieved.
D) Compensation items cannot be used across statement definitions.
E) Compensation items are added to a compensation category to include them in statements.

Solutions: