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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. Which alert is advised to be disabled when you are using HCM co-existence between Oracle PeopleSoft HCM and Oracle Fusion Compensation?

A) Employee termination
B) Leave of Absence
C) Any custom alert
D) Allocation exceeding target

2. Your client's eligibility criteria requiresyou to create user-defined criteria. While creating, you realize that certain fields are available to you. Upon researching you find out that only fields from the following two records and for fields that do not belong to these records fast formula is required.
Which are those two records?

A) Person Attributes
B) Legislative Information
C) Compensation History
D) AssignmentTables

3. A corporation has implemented Oracle Fusion Compensation for a manufacturing client. The Fusion consultant must create an element eligibility link for an Earnings element.
While creating the element eligibility link, which three options can be set up in the element eligibility work area?

A) Status processing rules
B) Costing
C) Input values
D) General information
E) Retroactive components
F) Auto indirect rules

4. Which five tasks can be performed by a compensation manager?

A) Review and approve work of Superior Manager.
B) Analyze proposed changes for equity among peer groups and by manager, alignment with the market, and pay for performance strategies.
C) Determine compensation amounts offline by downloading details to a spreadsheet.
D) Allocate compensation.
E) Generate company-configured compensation change statements to notify workers of a compensation award, job change, or performance rating assignment.
F) Promote and rate worker performance while allocating compensation.

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

Solutions: