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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. Per your client 5 policy on eligibility for a compensation revision cycle, employees who are in a notice period are not eligible. Manager X is currently in a notice period, but his direct reports are still eligible compensation cycle. You observe that the system allows Manager X to administer compensation for his direct reports.
You research this and find out that Manager X is still allowed to carry out the compensation allocation because his Eligibility Status is_____________.

A) Ineligible
B) Restricted
C) Eligible
D) Limited
E) Provisional

2. As an implementation consultant, you have defined a total compensation statement. You have defined three compensation items (a new hire bonus, a profit sharing bonus, and a quarterly bonus), which are attached to the bonus category. You no longer need the quarterly bonus item but you are unable to delete it.
Which statement is true for the given scenario?

A) The item cannot be deleted, because it is attached to a category.
B) Before deleting the item, you must configure a zero value behavior for the item.
C) More than one administrator might be using the item and, therefore, it cannot be deleted.
D) The above scenario does not stand true as the item can be deleted.

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

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

4. A corporation is implementing Oracle Fusion Compensation Management. Different currencies are set at the Legislative Data Group level, the Organization payment level, the Bank account level, and the payroll element level.
The currency shown while configuring salary basis comes from which level?

A) From the Legislative Data Group level, because that is the highestlevelin the hierarchy
B) From the input value of the payroll element
C) From the organization payment level, because the compensation is finally paid through this
D) From the Bank account level

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

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

Solutions: