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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. As an implementation consultant, you have defined a total compensation statement. You have defined three compensation items (a new hire bonus, a profit sharing bonus, and a quarterly bonus), which are attached to the bonus category. You no longer need the quarterly bonus item but you are unable to delete it.
Which statement is true for the given scenario?

A) Before deleting the item, you must configure a zero value behavior for the item.
B) More than one administrator might be using the item and, therefore, it cannot be deleted.
C) The item cannot be deleted, because it is attached to a category.
D) The above scenario does not stand true as the item can be deleted.

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

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

4. A Corporation has implemented Oracle Fusion Compensation for a manufacturing client. Per the business requirements, the Fusion consultant must integrate Oracle Fusion Compensation with Oracle Fusion Benefits to fetch the value of Benefits Amount as one of the input values for the Benefit element to get the eligible salary of the employee for the compensation process.
Identify the option that will enable the fetching of Benefits Amount.

A) Create an "Amount" input value at the element eligibility link level.
B) Select "Pay Separately" as the "Special Purpose" option.
C) Select the "Allow User Entry" and "Create a Database Item" check boxes for the element input value.
D) Database items are created by default for the element input values.

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 Y, because this is the original manager of Employee X
C) Manager Z, because this is the current manager to whom Employee X is reporting
D) Both Manager Y and Manager Z, because he has worked under both of them during the current cycle

Solutions: