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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. A corporation is implementing Oracle Fusion Compensation Management and must set up Compensation history. Identify the three correct options regarding the salary component.

A) The Base rate shown in the salary section is the most recent pay rate.
B) The base rate shown in the previous years is the pay rate on 31 December of each year.
C) The Base rate shown in the salary section is the average of the pay rate for the entire year.
D) The growth rate shown in the details shows both cumulative and average annual salary growth rates.

2. What are the two correct options with respect to budgeting when the salary has multiple components?

A) Budgets can be separate for each component.
B) Multiple components can have a single budget.
C) Multiple components cannot have a single budget.
D) Budgets cannot be separate for each component.

3. Which four options are valid refresh options for the Refresh Data process?

A) Refresh HR Data
B) Refresh Budget Pools
C) Refresh Manager Hierarchy
D) Refresh Plan Access
E) Refresh Plan Currency
F) Refresh Base and Eligible Salary
G) Reevaluate Eligibility

4. As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for the same. Which four source types are available for selection while creating a compensation item for the total compensation statement?

A) Element Entry
B) Benefit Balance
C) Formula
D) Input Value
E) Payroll Balance
F) Deduction Range

5. Which alert is advised to be disabled when you are using HCM co-existence between Oracle PeopleSoft HCM and Oracle Fusion Compensation?

A) Any custom alert
B) Leave of Absence
C) Employee termination
D) Allocation exceeding target

Solutions: