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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. 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) Status processing rules
C) Costing
D) Input values
E) Retroactive components
F) General information

2. Which three statements are true regarding Plan Cycles?

A) You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.
B) You can display a target amount or custom score from a previous plan cycle In the current plan cycle.
C) Active plans are available to be cross-referenced, except plans with no started cycles.
D) All active plans are available to be cross-referenced, even plans with no started cycles.
E) You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.

3. While administering compensation, the managers in the organization want to first allocate compensation to the outstanding performers with compa-ratio less than 80 and, therefore, want to view only this population. How would you, as a consultant, help the managers achieve this?

A) Use the Advanced Filter option in the worksheet to create a custom condition.
B) Control the population by using eligibility profiles.
C) Use the sort feature in the worksheet to control this.
D) This cannot be done once the population is finalized and the compensation cycle is started.

4. While configuring theBudget page, which five tabs are available in Page Layout?

A) Information
B) Summary
C) Actions
D) Detail table
E) Worker List
F) Comments
G) Budgeting

5. Which five tasks can be performed by a compensation manager?

A) Promote and rate worker performance while allocating compensation.
B) Analyze proposed changes for equity among peer groups and by manager, alignment with the market, and pay for performance strategies.
C) Generate company-configured compensation change statements to notify workers of a compensation award, job change, or performance rating assignment.
D) Review and approve work of Superior Manager.
E) Determine compensation amounts offline by downloading details to a spreadsheet.
F) Allocate compensation.

Solutions: