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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) Alerts
C) Feedback Survey
D) Plan Access
E) Plan Currency

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

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

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

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

Solutions: