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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. A compensation manager of a corporation is setting up a new salary basis for the employees. Which statement is true about payroll elements set up for a salary basis?

A) Payroll elements of any classification type can be attached to a salary basis.
B) Recurring elements can be linked to multiple salary bases only if they are classified as earnings elements, and they need not be configured to allow multiple entries in the same period.
C) Recurring elements can be linked to multiple salary bases only if they are classified as earnings elements and configured to allow multiple entries in the same period.
D) Multiple payroll elements can be attached a salary basis.

2. A corporation is implementing Oracle Fusion Compensation Management and has set up an Individual Compensation plan for contribution towards a retirement benefit. This contribution must be approved by the four-level manager hierarchy.
Identify all the four builders that support a restriction for the number of levels.

A) Position
B) Management Chain
C) Supervisory
D) Department Level
E) Job level
F) Resource

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 is always a percentage of the total budget pool.
B) The published budgets change when a manager's total eligible salary changes, such as when workers eligibility changes.
C) The published amount stay with the manager when workers are reassigned or their eligibility changes.
D) The published budget change when a manager's total eligible salary changes, such as when workers are reassigned.

4. 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.

5. Which alert is advised to be disabled when you are using HCM co-existence between Oracle PeopleSoft HCM and Oracle Fusion Compensation?

A) Allocation exceeding target
B) Any custom alert
C) Employee termination
D) Leave of Absence

Solutions: