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 overrides
• B. Deduction range Values
• C. Deduction ranges
• D. Deduction range groups

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 change when a manager's total eligible salary changes, such as when workers are reassigned.
• B. The published amount stay with the manager when workers are reassigned or their eligibility changes.
• C. The published budgets change when a manager's total eligible salary changes, such as when workers eligibility changes.
• D. The published budget is always a percentage of the total budget pool.

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 managers have access to the budget sheet and worksheets for all plans and employee administration tasks.
• D. Compensation administrators have access to all plan configuration tasks for all plans.

A corporation is implementing Oracle Fusion Compensation Management and needs to set up the
following for all employees:
-Salary paid based on the grades of employees.
-Car allowance paid based on the department and position
-Spot bonus paid based on a committee's decision.
Identify the correct option for the setup.

• A. Set up a salary basis for "Salary" and associate a grade rate matrix and the payroll element to it. Set up individual compensation plans for the car allowance and spot bonus, and restrict the access to line manager and HR specialist respectively. Additionally, add an eligibility profile to the car allowance to restrict it to specific departments and positions.
• B. Set up Salary and the spot bonus as two salary bases, because there are no eligibility restrictions. Set up the car allowance as an individual compensation plan- Add the required payroll elements and add eligibility profiles for the car allowance for specific departments and positions.
• C. Set up a salary basis for "Salary" and associate a grade rate matrix to it, and add a car allowance and spot bonus as components for the salary basis along with Salary. Attach the required payroll elements to the salary. Have salary validations to restrict access and payment for specific departments and positions.
• D. Set up one individual compensation plan with all three options. Add the required payroll elements and add restriction based on eligibility profiles and plan access.

A corporation has implemented Oracle Fusion Compensation Management and set up an individual compensation plan with the following details.
-Name: Variable component -Restrict plan access: Yes -Action: Manage Contributions -Access Level: New -Allocations: Always Allow -Update Allocations: Never Allow -Discontinue Allocations: "Allowed during a specific period" with the period start and end dates
configured.
Identify the correct option for the actions possible.

• A. All Employees will be able start the contribution anytime, update never, but discontinue during the period defined.
• B. The contribution will be automatically added to all the employees in the payroll and HR can discontinue allocations on a request basis.
• C. Only managers will be able start the contribution anytime, update never, but discontinue during the period defined for any specific employee by using the manager dashboard.
• D. The plan setup is always for HR to take actions and, therefore, only HR will be able to start the contribution anytime, update never, but discontinue during the period defined for any specific employee.