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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:
1. While configuring a plan cycle, you have set the Worksheet update start and end dates as 15-Apr2014 and 31-May-2014, respectively. However, when a manager logs into the workforce compensation area on 5-Apr-2014, he is able to see the active plan, but in read-only mode.
What could be the possible reason for this?
A) Active plans are always shown in read-only mode until the Worksheet update period starts.
B) Active plans are always shown in read-only mode from the Plan Access start date, which (s generally prior to the Worksheet update date.
C) Active plans are always shown in read-only mode once it is past the eligibility determination date.
D) Active plans are always shown in read-only mode from the Evaluation period start date, which is always prior to the Worksheet update date.
2. The Budget Pool Storage Method selected is "Amount". One of the line managers in the organization has twenty employees reporting to him. One of the employees leaves the organization during the compensation cycle.
What will be the effect on the budget allocated to the Line Manager?
A) The published budget is always a percentage of the total budget pool.
B) The published budget change when a manager's total eligible salary changes, such as when workers are reassigned.
C) The published amount stay with the manager when workers are reassigned or their eligibility changes.
D) The published budgets change when a manager's total eligible salary changes, such as when workers eligibility changes.
3. 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.
4. Which three statements are true regarding Plan Cycles?
A) Active plans are available to be cross-referenced, except plans with no started cycles.
B) You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.
C) All active plans are available to be cross-referenced, even plans with no started cycles.
D) You can display a target amount or custom score from a previous plan cycle In the current plan cycle.
E) You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.
5. 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) General
C) Information
D) Default Value
Solutions:
Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: A,C,E | Question # 4 Answer: B,D,E | Question # 5 Answer: B,C |