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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

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

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

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

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

4. A Corporation has implemented Oracle Fusion Compensation for a manufacturing client.
Which is the building block used in the calculation of deductions and exemptions?

A) Deduction range Values
B) Deduction ranges
C) Deduction range groups
D) Deduction overrides

5. What happens when you define Workforce Compensation Plan components but the employee to whom the compensation change is being administered does not have ant component in this or her salary?

A) The sum of all components identified to be posted as single salary adjustment amount to the employee salary record.
B) The first component is automatically mapped to the salary and amount associated with this component is posted as a salary adjustment to the employee record.
C) The component adjustment is not posted as a salary adjustment to the employee's record. While designing the compensation plan, it has to be kept in mind that plan components must have a direct mapping with the employee's salary components.

Solutions: