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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. Which three dates are mandatory while creating plan cycles?

A) Evaluation Period Start Date
B) HR Data Extraction Date
C) Worksheet Update Period Start Date
D) Plan Access Start Date
E) Default Due Date

2. Oracle Fusion Compensation has nine predefined salary components. Your client has a requirement that allow a salary adjustment based on the number of dependants the employee has, and this allowance must be mapped to a separate component. Because this allowance cannot have a logical mapping with any of the predefined components, you decide to create a new salary component called "Family Allowance".
Which option would you use to achieve this?

A) The Configure Compensation Component task Manager plans
B) The Salary Component Lookup
C) The Compensation Models
D) It is not possible to achieve this, because only the delivered salary component can be used

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

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

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

5. The Fusion Compensation module must be integrated with Fusion Performance Rating. In which three ways can the performance rating be made available?

A) Integrate with Oracle Fusion Profile Management.
B) Integrate with Oracle Fusion Goal Management.
C) Integrate with Oracle Fusion Performance Management.
D) Use compensation performance ratings.
E) Use both Performance Management ratings and compensation ratings.

Solutions: