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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. What happens when you define Workforce Compensation Plan components but the employee to whom the compensation change is being administered does not have ant component in this or her salary?

A) The sum of all components identified to be posted as single salary adjustment amount to the employee salary record.
B) The first component is automatically mapped to the salary and amount associated with this component is posted as a salary adjustment to the employee record.
C) The component adjustment is not posted as a salary adjustment to the employee's record. While designing the compensation plan, it has to be kept in mind that plan components must have a direct mapping with the employee's salary components.

2. 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) Employee termination
C) Any custom alert
D) Leave of Absence

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

4. While working on a budget sheet or a compensation worksheet, a manager chooses to use the "Export to Excel workbook" option to do his or her work. Which four of the following steps would he or she needto perform upon clicking the "Export to Excel workbook" option and prior to finalizing his or her proposaland submitting it for approval?

A) Edit the workbook data.
B) Resolve errors created by the uploaded file.
C) Filter the edits and upload only the edited fields.
D) Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
E) Repeat the steps as many times as necessary to accommodate the revisions.
F) Download and authenticate workbooks.

5. A corporation is implementing Oracle Fusion Compensation Management. Different currencies are set at the Legislative Data Group level, the Organization payment level, the Bank account level, and the payroll element level.
The currency shown while configuring salary basis comes from which level?

A) From the Bank account level
B) From the input value of the payroll element
C) From the organization payment level, because the compensation is finally paid through this
D) From the Legislative Data Group level, because that is the highestlevelin the hierarchy

Solutions: