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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

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

2. A Corporation has implemented Oracle Fusion Compensation for a manufacturing client.
Which is the building block used in the calculation of deductions and exemptions?

A) Deduction overrides
B) Deduction ranges
C) Deduction range groups
D) Deduction range Values

3. An administrator of a corporation must generate the compensation statements for the workers to notify them about their compensation details.
Identify the correct role that will give the administrator access to complete the process.

A) Line Manager
B) Compensation Administrator
C) Compensation Manager
D) HR Specialist

4. Which item regarding plan access is not true?

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

5. 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) Employee X does not appear on any manager's sheet, because he will not be evaluated by the compensation plan.
B) Manager Z, because this is the current manager to whom Employee X is reporting
C) Manager Y, because this is the original manager of Employee X
D) Both Manager Y and Manager Z, because he has worked under both of them during the current cycle

Solutions: