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

2. A corporation needs to set up a compensation plan for a Housing allowance that will allow the company to grant these allowances to only employees above a particular role.
Identify the option that indicates the correct way of implementing it.

A) Set up a salary basis and restrict the eligibility to the required roles.
B) Set up access restrictions to the individual compensation plan using the correct HR act/on so that it can be added only to the specific roles.
C) Set up role-based security to the Individual compensation wor1< area so that only managers are allowed.
D) The payroll administrator must add the element to the employees in the specified roles, because this cannot be achieved through configuration.

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

4. As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for the same. Which four source types are available for selection while creating a compensation item for the total compensation statement?

A) Payroll Balance
B) Input Value
C) Benefit Balance
D) Formula
E) Deduction Range
F) Element Entry

5. The Fusion Compensation module must be integrated with Fusion Performance Rating. In which three ways can the performance rating be made available?

A) Use compensation performance ratings.
B) Integrate with Oracle Fusion Goal Management.
C) Integrate with Oracle Fusion Profile Management.
D) Integrate with Oracle Fusion Performance Management.
E) Use both Performance Management ratings and compensation ratings.

Solutions: