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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. Identify the three correct statements for an alternate approver hierarchy.

A) The highest Approval sequence is the final approver.
B) By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set or sequence of approvers.
C) You can create multiple approvers for the same manager.
D) The alternate approver must be a part of the regular plan hierarchy.

2. A Corporation has implemented Oracle Fusion Compensation for a manufacturing client.
Which is the building block used in the calculation of deductions and exemptions?

A) Deduction overrides
B) Deduction ranges
C) Deduction range groups
D) Deduction range Values

3. An administrator of a corporation must generate the compensation statements for the workers to notify them about their compensation details.
Identify the correct role that will give the administrator access to complete the process.

A) Compensation Manager
B) Line Manager
C) Compensation Administrator
D) HR Specialist

4. Performance Ratings is enabled in compensation plan. Which three statements are correct regarding performance ratings?

A) You cannot make performance ratings and documents completed in Oracle Fusion Performance Management available to managers from the worksheet.
B) If you use performance ratings while allocating compensation, you can display the latest ratings to the managers during the compensation cycle.
C) You can allow managers to enter performance ratings during the compensation cycle to be used only in the compensation plan.
D) You can allow managers to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.

5. While configuring the Budget page, you are setting the properties of the job column.
Which two sections are available in the properties for the job column?

A) General
B) Information
C) Default Value
D) Legal Employee

Solutions: