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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

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

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

2. You can use predefined alerts to notify managers about issues on the worksheet that need their attention.
Which four predefined alerts are available?

A) Salary changed in HR
B) Worker is on long-term leave
C) Allocation outside target range
D) Worker was terminated
E) Grade changed in HR
F) Job changed in HR

3. A corporation is implementing Oracle Fusion Compensation Management and must set up Compensation history. Identify the three correct options regarding the salary component.

A) The Base rate shown in the salary section is the most recent pay rate.
B) The growth rate shown in the details shows both cumulative and average annual salary growth rates.
C) The Base rate shown in the salary section is the average of the pay rate for the entire year.
D) The base rate shown in the previous years is the pay rate on 31 December of each year.

4. A corporation implemented Fusion Compensation and wants to validate the salaries with the setup. Select the two options that are true about validation setup.

A) Using grade rate validation, approval can be prevented when the new or adjusted salary is outside the range of salary configured in the grade rate attached to salary basis,
B) Using either a formula at the element level or criteria at the element link level, approval can be prevented when the new or adjusted salary does not pass the configured validation.
C) Using either a formula at the element level or criteria at the element link level, a warning message can be generated when a new or adjusted salary does not pass the configured validation.
D) Using grade rate validation, a warning message can be generated when the new or adjusted salary is outside the range of salary configured in the grade rate attached to the salary basis.

5. While creating a compensation plan, the compensation manager of your client's organization chooses to enable Compensation Change statement, as an implementation consultant, which is the dependantconfiguration that you would advise the compensation manager to platform?

A) Enable the Communication tab type (Configure Worksheet Page Layout)
B) Configure related components (Configure Worksheet Page Layout: Detail Table tab)
C) Enable components and create a component linked to the budget pool (Configure Compensation Components)
D) Enable Components and create at least one component (Configure Compensation Component)

Solutions: