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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

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

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

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

3. While administering compensation for the workforce, Manager X accidentally approves a lower manager's. Which three statements will be true in this case?

A) The lower-level manager can withdraw the submission and reprocess the compensation allocation.
B) The lower-level manager's access level is changed to "Approved."
C) The worksheet goes to next level for approval.
D) The lower-level manager can still make changes in the worksheet and resubmit it for approval.

4. What are the two correct options with respect to budgeting when the salary has multiple components?

A) Multiple components can have a single budget.
B) Budgets cannot be separate for each component.
C) Multiple components cannot have a single budget.
D) Budgets can be separate for each component.

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

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

Solutions: