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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. While implementing Oracle Fusion Compensation Management for client XYZ, you are grouping compensation items and categories for displaying them together. Therefore, when planning how to group compensation items and categories, you must consider which three options?

A) Category Type
B) Category Detail
C) Compensation Items
D) Level of detail
E) Statement definitions
F) Contribution Type and Unit of Measure

2. As an implementation consultant, you are required to define the total compensation statement. You are creating the statement definitions for your compensation statement.
Which three statements are true about the statement definitions?

A) The statement definition acts as a template and determines the layout and content of the generated statement.
B) Edits to compensation categories affect all statement definitions that use that category.
C) Multiple legal employers, multiple countries, and multiple currencies cannot be included in one statement.
D) Compensation items with sources belonging to different legal employers cannot be added.
E) Reusing statement definitions by creating new statement periods and then modifying the definition for subsequent periods is not possible.
F) The statement definition consists of compensation items added to compensation categories.

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

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

4. You create a compensation plan and attach a Compensation Performance rating model to it. While the manager is allocating compensation, he specifies a rating for each of the employeesunder him. Where will the rating specified by the manager be available?

A) Only within the current compensation plan and the current cycle
B) To the current compensation plan and the Performance Management system
C) Only within the current compensation plan and all cycles associated with it
D) To the current compensation plan and HR system

5. Identify the three choices when configuring approvals.

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

Solutions: