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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. 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 Y, because this is the original manager of Employee X
B) Employee X does not appear on any manager's sheet, because he will not be evaluated by the compensation plan.
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

2. The Fusion Compensation module must be integrated with Fusion Performance Rating. In which three ways can the performance rating be made available?

A) Use both Performance Management ratings and compensation ratings.
B) Integrate with Oracle Fusion Performance Management.
C) Use compensation performance ratings.
D) Integrate with Oracle Fusion Goal Management.
E) Integrate with Oracle Fusion Profile Management.

3. 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) Legislative Information
B) AssignmentTables
C) Person Attributes
D) Compensation History

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

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

5. As an implementation consultant, you are required to define the total compensation statement. You are creating the statement definitions for your compensation statement.
Which three statements are true about the statement definitions?

A) The statement definition acts as a template and determines the layout and content of the generated statement.
B) The statement definition consists of compensation items added to compensation categories.
C) Edits to compensation categories affect all statement definitions that use that category.
D) Reusing statement definitions by creating new statement periods and then modifying the definition for subsequent periods is not possible.
E) Compensation items with sources belonging to different legal employers cannot be added.
F) Multiple legal employers, multiple countries, and multiple currencies cannot be included in one statement.

Solutions: