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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. Which two tasks are true about components in worksheet configurations?

A) Plans must have at least one component if awarding compensation.
B) Each component has to be of a separate type, such as salary or bonus.
C) You can create up to five components to represent the different types of compensation that you want to award within a plan.
D) There is the flexibility to add any number of components within a compensation plan.

2. A Corporation has implemented Oracle Fusion Compensation for a manufacturing client.
Which is the building block used in the calculation of deductions and exemptions?

A) Deduction range Values
B) Deduction range groups
C) Deduction overrides
D) Deduction ranges

3. While administering compensation, the managers in the organization want to first allocate compensation to the outstanding performers with compa-ratio less than 80 and, therefore, want to view only this population. How would you, as a consultant, help the managers achieve this?

A) Use the sort feature in the worksheet to control this.
B) Use the Advanced Filter option in the worksheet to create a custom condition.
C) Control the population by using eligibility profiles.
D) This cannot be done once the population is finalized and the compensation cycle is started.

4. 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 cannot allow multiple entries in the same period.
D) 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.

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

Solutions: