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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. Which item regarding plan access is not true?

A) A compensation administrator's general access cannot be overridden.
B) Compensation managers have access to the budget sheet and worksheets for all plans and employee administration tasks.
C) Compensation administrators have access to all plan configuration tasks for all plans.
D) A compensation administrator's general access can be overridden using roles.

2. Which three statements are true regarding Plan Cycles?

A) Active plans are available to be cross-referenced, except plans with no started cycles.
B) You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.
C) You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.
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. 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 are the foundation upon which the Compensation Statement is built.
B) Compensation items can be added to statement definitions directly.
C) Compensation items need not be mapped to the specific source from which the compensation information is retrieved.
D) Compensation items cannot be used across statement definitions.
E) Compensation items are added to a compensation category to include them in statements.

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) Legislative Information
C) AssignmentTables
D) Person Attributes

5. As compensation administrator, you are required to show "Actual Amounts paid to the worker" in the Total Compensation Statement. To meet this requirement, which component must be created?

A) Compensation Source
B) Compensation Item
C) Compensation Statement Definition
D) Compensation Category

Solutions: