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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:
1. A Corporation has implemented Oracle Fusion Compensation for a manufacturing client.
Which is the building block used in the calculation of deductions and exemptions?
A) Deduction range groups
B) Deduction ranges
C) Deduction range Values
D) Deduction overrides
2. You are configuring Fusion HCM Compensation Management for a customer. Which three tasks are part of Plan Foundation Configuration Options?
A) Components
B) Plan Currency
C) Alerts
D) Feedback Survey
E) Plan Access
3. As an implementation consultant, you have created compensation items for the total compensation statement but have not attached them to compensation categories.
In this situation, which statement is correct?
A) You can add items to statement definitions directly, and to include Items in statements you must add items to a compensation category.
B) You can add items to statement definitions directly.
C) You cannot add items to statement definitions directly, and you cannot add items to a compensation category.
D) To include items in statements you must add items to a compensation category.
4. A corporation implemented Oracle Fusion Compensation Management. A Salary Basis has been created and attached to the workers and a Compensation cycle has been run. The corporation now wants to use a different Grade rate for the salary basis.
Which option is true?
A) No new Grade rate can be created.
B) After the salary basis is associated with any worker, you cannot delete it or modify any characteristic. Therefore, a new Salary Basis must be created with a new Grade rate.
C) A new Grade rate can be created and the Salary basis can be modified to include it.
D) The salary of an employee is based on the grade to which the employee is assigned. Therefore, nothing has to be changed at the salary basis level once it has been created. Employee data must be modified to reflect the new grade.
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) Filter the edits and upload only the edited fields.
B) Repeat the steps as many times as necessary to accommodate the revisions.
C) Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
D) Resolve errors created by the uploaded file.
E) Download and authenticate workbooks.
F) Edit the workbook data.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B,D,E | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: A,C,D,E |
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