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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. 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 range groups
B) Deduction overrides
C) Deduction range Values
D) Deduction ranges

2. While working on a budget sheet or a compensation worksheet, a manager chooses to use the "Export to Excel workbook" option to do his or her work. Which four of the following steps would he or she needto perform upon clicking the "Export to Excel workbook" option and prior to finalizing his or her proposaland submitting it for approval?

A) Download and authenticate workbooks.
B) Edit the workbook data.
C) Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
D) Resolve errors created by the uploaded file.
E) Filter the edits and upload only the edited fields.
F) Repeat the steps as many times as necessary to accommodate the revisions.

3. Your client is a consumer goods wholesaler. The client's organization has five departments.
While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees to that department. In the current year, only the Electronics department has exceeded its sales target.
How would the compensation manager allocate the extra budget to the manager of the Electronics Department?

A) Request excess budget allocation from the manager above him.
B) Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.
C) Initiate budgets automatically by using the Start Compensation Cycle process.
D) Publish the original budget to all managers, followed by publishing the extra budget to only the manager of the Electronics department.

4. What are the two correct options with respect to budgeting when the salary has multiple components?

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

5. Your client's eligibility criteria requiresyou to create user-defined criteria. While creating, you realize that certain fields are available to you. Upon researching you find out that only fields from the following two records and for fields that do not belong to these records fast formula is required.
Which are those two records?

A) Legislative Information
B) AssignmentTables
C) Compensation History
D) Person Attributes

Solutions: