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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. You are required to explain to your client the use of Hierarchy design in Compensation Process.
Which two Compensation-related activities use Hierarchy?

A) Allocating budgets
B) Sending Compensation alerts
C) Feedback survey
D) Plan access
E) Approval routing

2. A Corporation has implemented Oracle Fusion Compensation for a manufacturing client. Per the business requirements, the Fusion consultant must integrate Oracle Fusion Compensation with Oracle Fusion Benefits to fetch the value of Benefits Amount as one of the input values for the Benefit element to get the eligible salary of the employee for the compensation process.
Identify the option that will enable the fetching of Benefits Amount.

A) Create an "Amount" input value at the element eligibility link level.
B) Select "Pay Separately" as the "Special Purpose" option.
C) Database items are created by default for the element input values.
D) Select the "Allow User Entry" and "Create a Database Item" check boxes for the element input value.

3. 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) Compensation History
B) Legislative Information
C) AssignmentTables
D) Person Attributes

4. Identify the three choices when configuring approvals.

A) Alternative approve hierarchy
B) Approve mode
C) Auto approval
D) Submit mode

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

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

Solutions: