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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. Identify the three correct statements for an alternate approver hierarchy.

A) The highest Approval sequence is the final approver.
B) The alternate approver must be a part of the regular plan hierarchy.
C) You can create multiple approvers for the same manager.
D) By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set or sequence of approvers.

2. While administering compensation, the managers in the organization want to first allocate compensation to the outstanding performers with compa-ratio less than 80 and, therefore, want to view only this population. How would you, as a consultant, help the managers achieve this?

A) This cannot be done once the population is finalized and the compensation cycle is started.
B) Use the Advanced Filter option in the worksheet to create a custom condition.
C) Control the population by using eligibility profiles.
D) Use the sort feature in the worksheet to control this.

3. Which five tasks can be performed by a compensation manager?

A) Determine compensation amounts offline by downloading details to a spreadsheet.
B) Review and approve work of Superior Manager.
C) Allocate compensation.
D) Generate company-configured compensation change statements to notify workers of a compensation award, job change, or performance rating assignment.
E) Promote and rate worker performance while allocating compensation.
F) Analyze proposed changes for equity among peer groups and by manager, alignment with the market, and pay for performance strategies.

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

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

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 Category
C) Compensation Item
D) Compensation Statement Definition

Solutions: