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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. As an implementation consultant, you are required to define a total compensation statement. To construct the total compensation statement, you must follow a set of activities in sequence.
Select the correct sequence to construct a total compensation statement.

A) Create compensation items >> attach the items to compensation categories >> arrange categories hierarchically in the statement definition >> specify the statement period and display options >> generate the statement.
B) Create compensation items >> attach the items to compensation categories >> generate the statement >> specify the statement period and display options >> arrange categories hierarchically in the statement definition.
C) Create compensation items >> generate a statement >> specify the statement period and display options >> arrange categories hierarchically in the statement definition >> attach items to compensation categories.
D) Create compensation items >> specify the statement period and display options >> arrange categories hierarchically in the statement definition >> attach items to compensation categories >> generate the statement.

2. As an implementation consultant, you are defining entry values for an element in the Fusion application.
Which statement about selecting the rules for the element's entry value is true?

A) An element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
B) An element with the Automatic Entry option selected cannot allow multiple entries in the same period.
C) An element with the Automatic Entry option selected can allow multiple entries in the same period, and an element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
D) An element with the Automatic Entry option selected can allow multiple entries in the same period.

3. Which four options are valid refresh options for the Refresh Data process?

A) Refresh HR Data
B) Refresh Plan Access
C) Refresh Base and Eligible Salary
D) Refresh Manager Hierarchy
E) Refresh Plan Currency
F) Refresh Budget Pools
G) Reevaluate Eligibility

4. A corporation is implementing Oracle Fusion Compensation Management and must set up Compensation history. Identify the three correct options regarding the salary component.

A) The growth rate shown in the details shows both cumulative and average annual salary growth rates.
B) The Base rate shown in the salary section is the average of the pay rate for the entire year.
C) The Base rate shown in the salary section is the most recent pay rate.
D) The base rate shown in the previous years is the pay rate on 31 December of each year.

5. Which alert is advised to be disabled when you are using HCM co-existence between Oracle PeopleSoft HCM and Oracle Fusion Compensation?

A) Leave of Absence
B) Allocation exceeding target
C) Any custom alert
D) Employee termination

Solutions: