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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items?

A) Compensation items can be added to statement definitions directly.
B) Compensation items are the foundation upon which the Compensation Statement is built.
C) Compensation items need not be mapped to the specific source from which the compensation information is retrieved.
D) Compensation items are added to a compensation category to include them in statements.
E) Compensation items cannot be used across statement definitions.

2. Which three statements are true regarding Plan Cycles?

A) You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.
B) You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.
C) Active plans are available to be cross-referenced, except plans with no started cycles.
D) You can display a target amount or custom score from a previous plan cycle In the current plan cycle.
E) All active plans are available to be cross-referenced, even plans with no started cycles.

3. After creating a compensation plan and eligibility profiles, you are currently modeling the budget allocation. The HR manager informs you that one employee under Supervisor 1 has been seconded to a different country on a temporary basis with no changes to his employment terms and that this employee must be removed from the budgeting exercise.
What is the correct way of achieving this?

A) Use the Include check box next to the employee's name in the Budget worksheet to exclude the employee from the cycle.
B) Advise Supervisor 1 not to allocate any compensation for the employee. In the meanwhile, manually adjust the budget allocated to Supervisor 1 to exclude the employee's amount.
C) Use the Edit button in the Employee's included area while creating a model to exclude the employee.
D) Modify the eligibility profile by using a formula to exclude the employee from appearing under Supervisor 1. After the compensation cycle is completed, revert the eligibility profile to its original form, if needed.

4. 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) Reject
B) Accept
C) Reply
D) Dismiss

5. Your client is a consumer goods wholesaler. The client's organization has five departments.
While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees to that department. In the current year, only the Electronics department has exceeded its sales target.
How would the compensation manager allocate the extra budget to the manager of the Electronics Department?

A) Publish the original budget to all managers, followed by publishing the extra budget to only the manager of the Electronics department.
B) Request excess budget allocation from the manager above him.
C) Initiate budgets automatically by using the Start Compensation Cycle process.
D) Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.

Solutions: