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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. Which three dates are mandatory while creating plan cycles?

A) Plan Access Start Date
B) Worksheet Update Period Start Date
C) HR Data Extraction Date
D) Default Due Date
E) Evaluation Period Start Date

2. You are required to explain to your client the use of Hierarchy design in Compensation Process.
Which two Compensation-related activities use Hierarchy?

A) Sending Compensation alerts
B) Plan access
C) Allocating budgets
D) Feedback survey
E) Approval routing

3. Oracle Fusion Compensation has nine predefined salary components. Your client has a requirement that allow a salary adjustment based on the number of dependants the employee has, and this allowance must be mapped to a separate component. Because this allowance cannot have a logical mapping with any of the predefined components, you decide to create a new salary component called "Family Allowance".
Which option would you use to achieve this?

A) The Salary Component Lookup
B) It is not possible to achieve this, because only the delivered salary component can be used
C) The Configure Compensation Component task Manager plans
D) The Compensation Models

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

5. Identify the three choices when configuring approvals.

A) Alternative approve hierarchy
B) Approve mode
C) Auto approval
D) Submit mode

Solutions: