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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. A corporation is implementing Oracle Fusion Compensation Management and needs to give a spot bonus for a new hire as well as give the same for special recognition for employees.
Identify the correct option that will enable the organization to achieve the desired results.

A) Configure the spot bonus as an individual compensation plan and add "Hire" as an action. Then, after an employee is hired, this plan can be added to employees anytime.
B) Configure the spot bonus as an individual compensation plan and add "All" as an action so that this plan can be added to anyone at any time.
C) Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire," this bonus can be added. Also add "Manage Contributions," which will enable managers to add it to reportees.
D) Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire," this bonus can be added. Also add "Manage Individual Compensation," which will enable Managers to add it to reportees.

2. Which item regarding plan access is not true?

A) Compensation managers have access to the budget sheet and worksheets for all plans and employee administration tasks.
B) Compensation administrators have access to all plan configuration tasks for all plans.
C) A compensation administrator's general access can be overridden using roles.
D) A compensation administrator's general access cannot be overridden.

3. While creating a compensation plan, the compensation manager of your client's organization chooses to enable Compensation Change statement, as an implementation consultant, which is the dependantconfiguration that you would advise the compensation manager to platform?

A) Enable the Communication tab type (Configure Worksheet Page Layout)
B) Enable Components and create at least one component (Configure Compensation Component)
C) Configure related components (Configure Worksheet Page Layout: Detail Table tab)
D) Enable components and create a component linked to the budget pool (Configure Compensation Components)

4. You have created a Compensation Plan and configured the plan details. However, when you try to runthe "Start Compensation Cycle" process, you are not able to see the plan you created in the ilk that appear.
Which three options could be possible reasons for this?

A) Access to the Compensation Administrator role is restricted in Plan Access.
B) Restrict Plan access is set to "YFS" and the Compensation Administrator role is added to the list of roles in "Plan access from Compensation work area."
C) Your user role does not have access to view the plan.
D) The Compensation Administrator or equivalent role is not attached to your plan.
E) Restrict Plan access is set to "NO"; however, the roles that are allowed are not specified.

5. As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items?

A) Compensation items cannot be used across statement definitions.
B) Compensation items can be added to statement definitions directly.
C) Compensation items are added to a compensation category to include them in statements.
D) Compensation items need not be mapped to the specific source from which the compensation information is retrieved.
E) Compensation items are the foundation upon which the Compensation Statement is built.

Solutions: