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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. Which three statements are true regarding Plan Cycles?

A) You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.
B) Active plans are available to be cross-referenced, except plans with no started cycles.
C) You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.
D) All active plans are available to be cross-referenced, even plans with no started cycles.
E) You can display a target amount or custom score from a previous plan cycle In the current plan cycle.

2. As an implementation consultant, you are defining entry values for an element in the Fusion application.
Which statement about selecting the rules for the element's entry value is true?

A) An element with the Automatic Entry option selected can allow multiple entries in the same period.
B) An element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
C) An element with the Automatic Entry option selected can allow multiple entries in the same period, and an element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
D) An element with the Automatic Entry option selected cannot allow multiple entries in the same period.

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

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

4. Oracle Fusion Compensation has nine predefined salary components. Your client has a requirement that allow a salary adjustment based on the number of dependants the employee has, and this allowance must be mapped to a separate component. Because this allowance cannot have a logical mapping with any of the predefined components, you decide to create a new salary component called "Family Allowance".
Which option would you use to achieve this?

A) The Compensation Models
B) The Salary Component Lookup
C) The Configure Compensation Component task Manager plans
D) It is not possible to achieve this, because only the delivered salary component can be used

5. Your client's compensation plan for employees includes a component that is based on years of service in the organization. If a person completes 10 years in the company, he or she will be eligible for a seniority component and the associated fixed salary amount. What type of eligibility profile you would need to create in order to track work experience of people?

A) User-defined-criteria-based eligibility profile using hire date
B) Employment-based eligibility criteria using hire date
C) Derived-factor-based eligibility criteria using length of service
D) Employment-based-eligibility-criteria using length of service

Solutions: