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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. While configuring the Budget page, you are setting the properties of the job column.
Which two sections are available in the properties for the job column?

A) Legal Employee
B) Default Value
C) Information
D) General


2. Identify the three choices when configuring approvals.

A) Submit mode
B) Alternative approve hierarchy
C) Approve mode
D) Auto approval


3. Per your client 5 policy on eligibility for a compensation revision cycle, employees who are in a notice period are not eligible. Manager X is currently in a notice period, but his direct reports are still eligible compensation cycle. You observe that the system allows Manager X to administer compensation for his direct reports.
You research this and find out that Manager X is still allowed to carry out the compensation allocation because his Eligibility Status is_____________.

A) Limited
B) Provisional
C) Ineligible
D) Eligible
E) Restricted


4. Which three statements are true regarding Plan Cycles?

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


5. A corporation is implementing Oracle Fusion Compensation Management and needs to set up Compensation history.
Identify the three correct options regarding the various compensations shown in the history.

A) Compensation history displays six categories of compensation.
B) The summary in the compensation history shows the data for only five years.
C) Compensation history shows one-time payments in other compensation and allowances paid regularly in recurring payments.
D) Compensation history automatically retrieves salary and stock-related information. The Recurring payments and other categories have to be added manually.


Solutions:

Question # 1
Answer: C,D
Question # 2
Answer: A,C,D
Question # 3
Answer: E
Question # 4
Answer: C,D,E
Question # 5
Answer: A,B,C

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