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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

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

2. A corporation implemented Fusion Compensation and wants to validate the salaries with the setup. Select the two options that are true about validation setup.

A) Using either a formula at the element level or criteria at the element link level, approval can be prevented when the new or adjusted salary does not pass the configured validation.
B) Using grade rate validation, approval can be prevented when the new or adjusted salary is outside the range of salary configured in the grade rate attached to salary basis,
C) Using grade rate validation, a warning message can be generated when the new or adjusted salary is outside the range of salary configured in the grade rate attached to the salary basis.
D) Using either a formula at the element level or criteria at the element link level, a warning message can be generated when a new or adjusted salary does not pass the configured validation.

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

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

4. Which two methods can be used by the Compensation Administrator to publish budgets?

A) Copy budget amounts from a previous cycle.
B) Use a model to distribute budgets.
C) Publish budgets manually.
D) Publish budgets automatically by running the Build Model process.

5. While creating a compensation plan, the compensation manager of your client's organization chooses to enable Compensation Change statement, as an implementation consultant, which is the dependantconfiguration that you would advise the compensation manager to platform?

A) Enable Components and create at least one component (Configure Compensation Component)
B) Enable the Communication tab type (Configure Worksheet Page Layout)
C) Enable components and create a component linked to the budget pool (Configure Compensation Components)
D) Configure related components (Configure Worksheet Page Layout: Detail Table tab)

Solutions: