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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 still make changes in the worksheet and resubmit it for approval.
B) The lower-level manager can withdraw the submission and reprocess the compensation allocation.
C) The lower-level manager's access level is changed to "Approved."
D) The worksheet goes to next level for approval.

2. As an implementation consultant, you are required to define the total compensation statement. You are creating the statement definitions for your compensation statement.
Which three statements are true about the statement definitions?

A) The statement definition acts as a template and determines the layout and content of the generated statement.
B) Reusing statement definitions by creating new statement periods and then modifying the definition for subsequent periods is not possible.
C) Edits to compensation categories affect all statement definitions that use that category.
D) Compensation items with sources belonging to different legal employers cannot be added.
E) The statement definition consists of compensation items added to compensation categories.
F) Multiple legal employers, multiple countries, and multiple currencies cannot be included in one statement.

3. 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 overrides
B) Deduction ranges
C) Deduction range Values
D) Deduction range groups

4. A corporation started giving performance bonuses to eligible employees on a monthly basis. As a compensation administrator, you are required to display performance bonuses with similar or related compensation items.
How will you configure this requirement in the Fusion application?

A) Attach performance bonuses to similar elements.
B) Attach performance bonuses to similar sources.
C) Attach performance bonuses to similar compensation items.
D) Attach performance bonuses to similar compensation categories/subcategories.

5. 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.

Solutions: