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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. Which four options are valid refresh options for the Refresh Data process?

A) Refresh Plan Currency
B) Refresh HR Data
C) Refresh Manager Hierarchy
D) Refresh Budget Pools
E) Refresh Plan Access
F) Reevaluate Eligibility
G) Refresh Base and Eligible Salary

2. Identify the three correct statements for an alternate approver hierarchy.

A) The highest Approval sequence is the final approver.
B) The alternate approver must be a part of the regular plan hierarchy.
C) By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set or sequence of approvers.
D) You can create multiple approvers for the same manager.

3. 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) Create an "Amount" input value at the element eligibility link level.
B) Select the "Allow User Entry" and "Create a Database Item" check boxes for the element input value.
C) Select "Pay Separately" as the "Special Purpose" option.
D) Database items are created by default for the element input values.

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

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

5. A corporation implemented Oracle Fusion Compensation Management. A salary bas/s has been created and attached to the employee and a compensation cycle has been run. The corporation wants to include a new component as part of the salary basis.
Which three are predefined components?

A) Market adjustment due to salary being out of line with the market
B) Equity adjustment to correct salary compression or inversion
C) Adjustment due to corrections within the organization
D) Regular and automatic adjustment

Solutions: