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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. You can use predefined alerts to notify managers about issues on the worksheet that need their attention.
Which four predefined alerts are available?

A) Grade changed in HR
B) Worker is on long-term leave
C) Salary changed in HR
D) Worker was terminated
E) Allocation outside target range
F) Job changed in HR

2. While creating a compensation plan, the compensation manager of your client's organization chooses to enable Compensation Change statement, as an implementation consultant, which is the dependantconfiguration that you would advise the compensation manager to platform?

A) Configure related components (Configure Worksheet Page Layout: Detail Table tab)
B) Enable Components and create at least one component (Configure Compensation Component)
C) Enable the Communication tab type (Configure Worksheet Page Layout)
D) Enable components and create a component linked to the budget pool (Configure Compensation Components)

3. A Corporation has implemented Oracle Fusion Compensation for a manufacturing client. Per the business requirements, the Fusion consultant must integrate Oracle Fusion Compensation with Oracle Fusion Benefits to fetch the value of Benefits Amount as one of the input values for the Benefit element to get the eligible salary of the employee for the compensation process.
Identify the option that will enable the fetching of Benefits Amount.

A) Select "Pay Separately" as the "Special Purpose" option.
B) Select the "Allow User Entry" and "Create a Database Item" check boxes for the element input value.
C) Database items are created by default for the element input values.
D) Create an "Amount" input value at the element eligibility link level.

4. Employee X was hired on 5 March 2014 as a Web Designer and was reporting to Manager Y.
On 10 September 2014, this employee was transferred to Manager Z to work as an Online Campaign designer. The company where Employee X works is doing a compensation cycle for the current year starting 1October 2014. The employee record set up in the plan setting is "Employment terms," while the Legal
Employer of Employee X uses a two-tier model.
On which manager's worksheet does Employee X appear?

A) Manager Z, because this is the current manager to whom Employee X is reporting
B) Both Manager Y and Manager Z, because he has worked under both of them during the current cycle
C) Employee X does not appear on any manager's sheet, because he will not be evaluated by the compensation plan.
D) Manager Y, because this is the original manager of Employee X

5. The manager administering compensation has the option to create budget models to be used to allocate compensation.
Which four options regarding compensation modeling are correct?

A) A model can be shared with the direct reports of the creator.
B) Modeling enables managers to automatically allocate compensation to employees who meet certain criteria.
C) Managers can create their own models and use them.
D) Access of a model is limited only to the creator of the model.
E) Managers can use a model created by compensation professionals.
F) Managers cannot share a model created by them.

Solutions: