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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

Question 1

When upper-level managers change the plan access of one or more lower-/eve/ managers, they receive a notification informing them about the change in access. Which option do the/ receive to act on the notification?

A. Accept
B. Reply
C. Dismiss
D. Reject

Question 2

A corporation needs to set up a compensation plan for a Housing allowance that will allow the company to grant these allowances to only employees above a particular role.
Identify the option that indicates the correct way of implementing it.

A. Set up access restrictions to the individual compensation plan using the correct HR act/on so that it can be added only to the specific roles.
B. The payroll administrator must add the element to the employees in the specified roles, because this cannot be achieved through configuration.
C. Set up role-based security to the Individual compensation wor1< area so that only managers are allowed.
D. Set up a salary basis and restrict the eligibility to the required roles.

Question 3

Per your client 5 policy on eligibility for a compensation revision cycle, employees who are in a notice period are not eligible. Manager X is currently in a notice period, but his direct reports are still eligible compensation cycle. You observe that the system allows Manager X to administer compensation for his direct reports.
You research this and find out that Manager X is still allowed to carry out the compensation allocation because his Eligibility Status is_____________.

A. Ineligible
B. Provisional
C. Eligible
D. Restricted
E. Limited

Question 4

Identify the correct option regarding the Payroll element details in the compensation history setup.

A. Any payroll element can be added and all other details are auto-populated excluding the history category.
B. Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated excluding the history category.
C. Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated including the history category.
D. Any payroll element can be added and all other details are auto-populated including the history category.

Question 5

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

Solutions: