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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. A corporation is implementing Oracle Fusion Compensation Management. Different currencies are set at the Legislative Data Group level, the Organization payment level, the Bank account level, and the payroll element level.
The currency shown while configuring salary basis comes from which level?

A) From the Legislative Data Group level, because that is the highestlevelin the hierarchy
B) From the organization payment level, because the compensation is finally paid through this
C) From the input value of the payroll element
D) From the Bank account level

2. As an implementation consultant, you are defining entry values for an element in the Fusion application.
Which statement about selecting the rules for the element's entry value is true?

A) An element with the Automatic Entry option selected can allow multiple entries in the same period, and an element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
B) An element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
C) An element with the Automatic Entry option selected cannot allow multiple entries in the same period.
D) An element with the Automatic Entry option selected can allow multiple entries in the same period.

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

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

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

5. You are configuring Fusion HCM Compensation Management for a customer. Which three tasks are part of Plan Foundation Configuration Options?

A) Alerts
B) Components
C) Plan Currency
D) Plan Access
E) Feedback Survey

Solutions: