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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

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

2. You are configuring Fusion HCM Compensation Management for a customer. Which three tasks are part of Plan Foundation Configuration Options?

A) Plan Access
B) Plan Currency
C) Alerts
D) Components
E) Feedback Survey

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

4. Which item regarding plan access is not true?

A) A compensation administrator's general access can be overridden using roles.
B) A compensation administrator's general access cannot be overridden.
C) Compensation administrators have access to all plan configuration tasks for all plans.
D) Compensation managers have access to the budget sheet and worksheets for all plans and employee administration tasks.

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

Solutions: