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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:
1. Identify the three choices when configuring approvals.
A) Auto approval
B) Approve mode
C) Submit mode
D) Alternative approve hierarchy
2. 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) Select the "Allow User Entry" and "Create a Database Item" check boxes for the element input value.
B) Select "Pay Separately" as the "Special Purpose" option.
C) Database items are created by default for the element input values.
D) Create an "Amount" input value at the element eligibility link level.
3. You can use predefined alerts to notify managers about issues on the worksheet that need their attention.
Which four predefined alerts are available?
A) Salary changed in HR
B) Worker is on long-term leave
C) Allocation outside target range
D) Worker was terminated
E) Grade changed in HR
F) Job changed in HR
4. A corporation implemented Oracle Fusion Compensation Management. A Salary Basis has been created and attached to the workers and a Compensation cycle has been run. The corporation now wants to use a different Grade rate for the salary basis.
Which option is true?
A) No new Grade rate can be created.
B) The salary of an employee is based on the grade to which the employee is assigned. Therefore, nothing has to be changed at the salary basis level once it has been created. Employee data must be modified to reflect the new grade.
C) A new Grade rate can be created and the Salary basis can be modified to include it.
D) After the salary basis is associated with any worker, you cannot delete it or modify any characteristic. Therefore, a new Salary Basis must be created with a new Grade rate.
5. 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.
Solutions:
| Question # 1 Answer: A,B,C | Question # 2 Answer: D | Question # 3 Answer: B,C,D,E | Question # 4 Answer: D | Question # 5 Answer: D |

