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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:
1. 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) To include items in statements you must add items to a compensation category.
B) You cannot add items to statement definitions directly, and you cannot add items to a compensation category.
C) You can add items to statement definitions directly, and to include Items in statements you must add items to a compensation category.
D) You can add items to statement definitions directly.
2. 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) Reusing statement definitions by creating new statement periods and then modifying the definition for subsequent periods is not possible.
B) The statement definition consists of compensation items added to compensation categories.
C) The statement definition acts as a template and determines the layout and content of the generated statement.
D) Multiple legal employers, multiple countries, and multiple currencies cannot be included in one statement.
E) Compensation items with sources belonging to different legal employers cannot be added.
F) Edits to compensation categories affect all statement definitions that use that category.
3. You can use predefined alerts to notify managers about issues on the worksheet that need their attention.
Which four predefined alerts are available?
A) Worker is on long-term leave
B) Job changed in HR
C) Grade changed in HR
D) Worker was terminated
E) Salary changed in HR
F) Allocation outside target range
4. A corporation has implemented Oracle Fusion Compensation Management. A Salary basis has been created to manage employees' salaries. It has a payroll element attached. As part of the Salary changes, when the compensation manager is trying to update the Salary amounts, the same is not reflecting in the payroll elements entries of the employee.
Identify the two possible causes for the issue.
A) Salary basis is configured to be non-updatable.
B) Automatic entry is checked for the payroll element used.
C) Automatic entry is checked at the element eligibility link for the payroll element used.
D) No components are defined to handle these salary adjustments.
5. Identify the three correct statements for an alternate approver hierarchy.
A) By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set or sequence of approvers.
B) The highest Approval sequence is the final approver.
C) You can create multiple approvers for the same manager.
D) The alternate approver must be a part of the regular plan hierarchy.
Solutions:
Question # 1 Answer: A | Question # 2 Answer: A,B,D | Question # 3 Answer: A,C,D,F | Question # 4 Answer: B,D | Question # 5 Answer: A,B,C |