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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. A corporation has implemented Oracle Fusion Compensation Management. A Salary basis has been created to manage employees' salaries. It has a payroll element attached. As part of the Salary changes, when the compensation manager is trying to update the Salary amounts, the same is not reflecting in the payroll elements entries of the employee.
Identify the two possible causes for the issue.

A) No components are defined to handle these salary adjustments.
B) Automatic entry is checked for the payroll element used.
C) Automatic entry is checked at the element eligibility link for the payroll element used.
D) Salary basis is configured to be non-updatable.


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

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


3. The Fusion Compensation module must be integrated with Fusion Performance Rating. In which three ways can the performance rating be made available?

A) Use both Performance Management ratings and compensation ratings.
B) Integrate with Oracle Fusion Performance Management.
C) Integrate with Oracle Fusion Profile Management.
D) Use compensation performance ratings.
E) Integrate with Oracle Fusion Goal Management.


4. A corporation is implementing Oracle Fusion Compensation Management and needs to set up Compensation history.
Identify the three correct options regarding the various compensations shown in the history.

A) Compensation history shows one-time payments in other compensation and allowances paid regularly in recurring payments.
B) Compensation history automatically retrieves salary and stock-related information. The Recurring payments and other categories have to be added manually.
C) The summary in the compensation history shows the data for only five years.
D) Compensation history displays six categories of compensation.


5. 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) Reject
C) Dismiss
D) Reply


Solutions:

Question # 1
Answer: A,B
Question # 2
Answer: A,D,E
Question # 3
Answer: A,C,D
Question # 4
Answer: A,C,D
Question # 5
Answer: D

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