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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. 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 was terminated
B) Allocation outside target range
C) Job changed in HR
D) Salary changed in HR
E) Worker is on long-term leave
F) Grade changed in HR


2. You are configuring Fusion HCM Compensation Management for a customer. Which three tasks are part of Plan Foundation Configuration Options?

A) Plan Access
B) Plan Currency
C) Alerts
D) Components
E) Feedback Survey


3. A corporation implemented Fusion Compensation and wants to validate the salaries with the setup. Select the two options that are true about validation setup.

A) Using grade rate validation, a warning message can be generated when the new or adjusted salary is outside the range of salary configured in the grade rate attached to the salary basis.
B) Using either a formula at the element level or criteria at the element link level, a warning message can be generated when a new or adjusted salary does not pass the configured validation.
C) Using either a formula at the element level or criteria at the element link level, approval can be prevented when the new or adjusted salary does not pass the configured validation.
D) Using grade rate validation, approval can be prevented when the new or adjusted salary is outside the range of salary configured in the grade rate attached to salary basis,


4. Performance Ratings is enabled in compensation plan. Which three statements are correct regarding performance ratings?

A) You can allow managers to enter performance ratings during the compensation cycle to be used only in the compensation plan.
B) You cannot make performance ratings and documents completed in Oracle Fusion Performance Management available to managers from the worksheet.
C) If you use performance ratings while allocating compensation, you can display the latest ratings to the managers during the compensation cycle.
D) You can allow managers to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.


5. A corporation is implementing Oracle Fusion Compensation Management. Different currencies are set at the Legislative Data Group level, the Organization payment level, the Bank account level, and the payroll element level.
The currency shown while configuring salary basis comes from which level?

A) From the Bank account level
B) From the organization payment level, because the compensation is finally paid through this
C) From the Legislative Data Group level, because that is the highestlevelin the hierarchy
D) From the input value of the payroll element


Solutions:

Question # 1
Answer: A,B,E,F
Question # 2
Answer: A,B,E
Question # 3
Answer: B,D
Question # 4
Answer: A,C,D
Question # 5
Answer: C

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