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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

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

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

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

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

5. Which two methods can be used by the Compensation Administrator to publish budgets?

A) Copy budget amounts from a previous cycle.
B) Use a model to distribute budgets.
C) Publish budgets automatically by running the Build Model process.
D) Publish budgets manually.

Solutions: