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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

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

2. As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for the same. Which four source types are available for selection while creating a compensation item for the total compensation statement?

A) Input Value
B) Formula
C) Benefit Balance
D) Element Entry
E) Payroll Balance
F) Deduction Range

3. 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) Manager Y, because this is the original manager of Employee X
B) Manager Z, because this is the current manager to whom Employee X is reporting
C) Employee X does not appear on any manager's sheet, because he will not be evaluated by the compensation plan.
D) Both Manager Y and Manager Z, because he has worked under both of them during the current cycle

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

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

5. What happens when you define Workforce Compensation Plan components but the employee to whom the compensation change is being administered does not have ant component in this or her salary?

A) The first component is automatically mapped to the salary and amount associated with this component is posted as a salary adjustment to the employee record.
B) The sum of all components identified to be posted as single salary adjustment amount to the employee salary record.
C) The component adjustment is not posted as a salary adjustment to the employee's record. While designing the compensation plan, it has to be kept in mind that plan components must have a direct mapping with the employee's salary components.

Solutions: