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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. A corporation is implementing Oracle Fusion Compensation Management and must set up Compensation history. Identify the three correct options regarding the salary component.

A) The base rate shown in the previous years is the pay rate on 31 December of each year.
B) The Base rate shown in the salary section is the average of the pay rate for the entire year.
C) The growth rate shown in the details shows both cumulative and average annual salary growth rates.
D) The Base rate shown in the salary section is the most recent pay rate.

2. As an implementation consultant, you have defined a total compensation statement. You have defined three compensation items (a new hire bonus, a profit sharing bonus, and a quarterly bonus), which are attached to the bonus category. You no longer need the quarterly bonus item but you are unable to delete it.
Which statement is true for the given scenario?

A) More than one administrator might be using the item and, therefore, it cannot be deleted.
B) The above scenario does not stand true as the item can be deleted.
C) Before deleting the item, you must configure a zero value behavior for the item.
D) The item cannot be deleted, because it is attached to a category.

3. A corporation has implemented Oracle Fusion Compensation Management. A Salary basis has been created to manage employees' salaries. It has a payroll element attached. As part of the Salary changes, when the compensation manager is trying to update the Salary amounts, the same is not reflecting in the payroll elements entries of the employee.
Identify the two possible causes for the issue.

A) Salary basis is configured to be non-updatable.
B) Automatic entry is checked at the element eligibility link for the payroll element used.
C) No components are defined to handle these salary adjustments.
D) Automatic entry is checked for the payroll element used.

4. 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 budgets change when a manager's total eligible salary changes, such as when workers eligibility changes.
D) The published amount stay with the manager when workers are reassigned or their eligibility changes.

5. You are required to explain to your client the use of Hierarchy design in Compensation Process.
Which two Compensation-related activities use Hierarchy?

A) Feedback survey
B) Allocating budgets
C) Plan access
D) Approval routing
E) Sending Compensation alerts

Solutions: