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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. 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 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.
B) 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.
C) 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,
D) 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.

2. 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 Components and create at least one component (Configure Compensation Component)
B) Enable the Communication tab type (Configure Worksheet Page Layout)
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)

3. 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) Database items are created by default for the element input values.
C) Select "Pay Separately" as the "Special Purpose" option.
D) Select the "Allow User Entry" and "Create a Database Item" check boxes for the element input value.

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

5. A corporation implemented Oracle Fusion Compensation Management. A salary bas/s has been created and attached to the employee and a compensation cycle has been run. The corporation wants to include a new component as part of the salary basis.
Which three are predefined components?

A) Market adjustment due to salary being out of line with the market
B) Equity adjustment to correct salary compression or inversion
C) Adjustment due to corrections within the organization
D) Regular and automatic adjustment

Solutions: