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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. Which three dates are mandatory while creating plan cycles?

A) Evaluation Period Start Date
B) Default Due Date
C) Plan Access Start Date
D) Worksheet Update Period Start Date
E) HR Data Extraction Date

2. 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) Repeat the steps as many times as necessary to accommodate the revisions.
B) Download and authenticate workbooks.
C) Edit the workbook data.
D) Resolve errors created by the uploaded file.
E) Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
F) Filter the edits and upload only the edited fields.

3. What happens when you define Workforce Compensation Plan components but the employee to whom the compensation change is being administered does not have ant component in this or her salary?

A) The sum of all components identified to be posted as single salary adjustment amount to the employee salary record.
B) The component adjustment is not posted as a salary adjustment to the employee's record. While designing the compensation plan, it has to be kept in mind that plan components must have a direct mapping with the employee's salary components.
C) The first component is automatically mapped to the salary and amount associated with this component is posted as a salary adjustment to the employee record.

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

5. 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.

Solutions: