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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. While creating a compensation plan, the compensation manager of your client's organization chooses to enable Compensation Change statement, as an implementation consultant, which is the dependantconfiguration that you would advise the compensation manager to platform?

A) Enable components and create a component linked to the budget pool (Configure Compensation Components)
B) Enable the Communication tab type (Configure Worksheet Page Layout)
C) Enable Components and create at least one component (Configure Compensation Component)
D) Configure related components (Configure Worksheet Page Layout: Detail Table tab)

2. While configuring the Budget page, you are setting the properties of the job column.
Which two sections are available in the properties for the job column?

A) General
B) Information
C) Default Value
D) Legal Employee

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 sum of all components identified to be posted as single salary adjustment amount to the employee salary record.
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 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.

4. Employee X was hired on 5 March 2014 as a Web Designer and was reporting to Manager Y.
On 10 September 2014, this employee was transferred to Manager Z to work as an Online Campaign designer. The company where Employee X works is doing a compensation cycle for the current year starting 1October 2014. The employee record set up in the plan setting is "Employment terms," while the Legal
Employer of Employee X uses a two-tier model.
On which manager's worksheet does Employee X appear?

A) Manager Z, because this is the current manager to whom Employee X is reporting
B) Employee X does not appear on any manager's sheet, because he will not be evaluated by the compensation plan.
C) Manager Y, because this is the original manager of Employee X
D) Both Manager Y and Manager Z, because he has worked under both of them during the current cycle

5. As an implementation consultant, you are required to define a total compensation statement. To construct the total compensation statement, you must follow a set of activities in sequence.
Select the correct sequence to construct a total compensation statement.

A) Create compensation items >> generate a statement >> specify the statement period and display options >> arrange categories hierarchically in the statement definition >> attach items to compensation categories.
B) Create compensation items >> specify the statement period and display options >> arrange categories hierarchically in the statement definition >> attach items to compensation categories >> generate the statement.
C) Create compensation items >> attach the items to compensation categories >> arrange categories hierarchically in the statement definition >> specify the statement period and display options >> generate the statement.
D) Create compensation items >> attach the items to compensation categories >> generate the statement >> specify the statement period and display options >> arrange categories hierarchically in the statement definition.

Solutions: