Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. 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 Edit button in the Employee's included area while creating a model to exclude the employee.
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) 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.
D) Use the Include check box next to the employee's name in the Budget worksheet to exclude the employee from the cycle.

2. The manager administering compensation has the option to create budget models to be used to allocate compensation.
Which four options regarding compensation modeling are correct?

A) Modeling enables managers to automatically allocate compensation to employees who meet certain criteria.
B) Access of a model is limited only to the creator of the model.
C) A model can be shared with the direct reports of the creator.
D) Managers can create their own models and use them.
E) Managers can use a model created by compensation professionals.
F) Managers cannot share a model created by them.

3. While administering compensation for the workforce, Manager X accidentally approves a lower manager's. Which three statements will be true in this case?

A) The worksheet goes to next level for approval.
B) The lower-level manager can still make changes in the worksheet and resubmit it for approval.
C) The lower-level manager can withdraw the submission and reprocess the compensation allocation.
D) The lower-level manager's access level is changed to "Approved."

4. Your client wants you to create a single Compensation Change statement that includes compensation awarded for multiple plans. What would you, as an implementation consultant, advise your client?

A) This is possible only in the on-premises model using customization and is not possible inan SaaS instance. Therefore, you would respond accordingly to the client.
B) Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.
C) Create a custom data model that can pull compensation awarded from different plans and display the data using a BI publisher layout.
D) Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.

5. 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 cannot be used across statement definitions.
D) Compensation items need not be mapped to the specific source from which the compensation information is retrieved.
E) Compensation items are added to a compensation category to include them in statements.

Solutions: