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

2. Your client's eligibility criteria requiresyou to create user-defined criteria. While creating, you realize that certain fields are available to you. Upon researching you find out that only fields from the following two records and for fields that do not belong to these records fast formula is required.
Which are those two records?

A) AssignmentTables
B) Person Attributes
C) Compensation History
D) Legislative Information

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

4. While configuring theBudget page, which five tabs are available in Page Layout?

A) Worker List
B) Comments
C) Actions
D) Detail table
E) Budgeting
F) Information
G) Summary

5. Which five tasks can be performed by a compensation manager?

A) Promote and rate worker performance while allocating compensation.
B) Determine compensation amounts offline by downloading details to a spreadsheet.
C) Allocate compensation.
D) Review and approve work of Superior Manager.
E) Analyze proposed changes for equity among peer groups and by manager, alignment with the market, and pay for performance strategies.
F) Generate company-configured compensation change statements to notify workers of a compensation award, job change, or performance rating assignment.

Solutions: