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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:
1. Which item regarding plan access is not true?
A) Compensation administrators have access to all plan configuration tasks for all plans.
B) Compensation managers have access to the budget sheet and worksheets for all plans and employee administration tasks.
C) A compensation administrator's general access can be overridden using roles.
D) A compensation administrator's general access cannot be overridden.
2. A corporation implemented Oracle Fusion Compensation Management. A Salary Basis has been created and attached to the workers and a Compensation cycle has been run. The corporation now wants to use a different Grade rate for the salary basis.
Which option is true?
A) A new Grade rate can be created and the Salary basis can be modified to include it.
B) After the salary basis is associated with any worker, you cannot delete it or modify any characteristic. Therefore, a new Salary Basis must be created with a new Grade rate.
C) The salary of an employee is based on the grade to which the employee is assigned. Therefore, nothing has to be changed at the salary basis level once it has been created. Employee data must be modified to reflect the new grade.
D) No new Grade rate can be created.
3. What happens when you define Workforce Compensation Plan components but the employee to whom the compensation change is being administered does not have ant component in this or her salary?
A) The component adjustment is not posted as a salary adjustment to the employee's record. While designing the compensation plan, it has to be kept in mind that plan components must have a direct mapping with the employee's salary components.
B) The first component is automatically mapped to the salary and amount associated with this component is posted as a salary adjustment to the employee record.
C) The sum of all components identified to be posted as single salary adjustment amount to the employee salary record.
4. Your client's eligibility criteria requiresyou to create user-defined criteria. While creating, you realize that certain fields are available to you. Upon researching you find out that only fields from the following two records and for fields that do not belong to these records fast formula is required.
Which are those two records?
A) Compensation History
B) Person Attributes
C) AssignmentTables
D) Legislative Information
5. As an implementation consultant, you have created compensation items for the total compensation statement but have not attached them to compensation categories.
In this situation, which statement is correct?
A) You can add items to statement definitions directly, and to include Items in statements you must add items to a compensation category.
B) You cannot add items to statement definitions directly, and you cannot add items to a compensation category.
C) You can add items to statement definitions directly.
D) To include items in statements you must add items to a compensation category.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: B,C | Question # 5 Answer: D |
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