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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. While implementing Oracle Fusion Compensation Management for client XYZ, you are grouping compensation items and categories for displaying them together. Therefore, when planning how to group compensation items and categories, you must consider which three options?

A) Category Detail
B) Category Type
C) Contribution Type and Unit of Measure
D) Level of detail
E) Statement definitions
F) Compensation Items

2. While administering compensation, the managers in the organization want to first allocate compensation to the outstanding performers with compa-ratio less than 80 and, therefore, want to view only this population. How would you, as a consultant, help the managers achieve this?

A) This cannot be done once the population is finalized and the compensation cycle is started.
B) Control the population by using eligibility profiles.
C) Use the Advanced Filter option in the worksheet to create a custom condition.
D) Use the sort feature in the worksheet to control this.

3. 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.

4. Employee X was hired on 5 March 2014 as a Web Designer and was reporting to Manager Y.
On 10 September 2014, this employee was transferred to Manager Z to work as an Online Campaign designer. The company where Employee X works is doing a compensation cycle for the current year starting 1October 2014. The employee record set up in the plan setting is "Employment terms," while the Legal
Employer of Employee X uses a two-tier model.
On which manager's worksheet does Employee X appear?

A) Both Manager Y and Manager Z, because he has worked under both of them during the current cycle
B) Employee X does not appear on any manager's sheet, because he will not be evaluated by the compensation plan.
C) Manager Y, because this is the original manager of Employee X
D) Manager Z, because this is the current manager to whom Employee X is reporting

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

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

Solutions: