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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. 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 Category
B) Compensation Item
C) Compensation Source
D) Compensation Statement Definition

2. Which item regarding plan access is not true?

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

3. Which two methods can be used by the Compensation Administrator to publish budgets?

A) Copy budget amounts from a previous cycle.
B) Use a model to distribute budgets.
C) Publish budgets manually.
D) Publish budgets automatically by running the Build Model process.

4. A corporation needs to set up a compensation plan for a Housing allowance that will allow the company to grant these allowances to only employees above a particular role.
Identify the option that indicates the correct way of implementing it.

A) The payroll administrator must add the element to the employees in the specified roles, because this cannot be achieved through configuration.
B) Set up role-based security to the Individual compensation wor1< area so that only managers are allowed.
C) Set up access restrictions to the individual compensation plan using the correct HR act/on so that it can be added only to the specific roles.
D) Set up a salary basis and restrict the eligibility to the required roles.

5. You are required to explain to your client the use of Hierarchy design in Compensation Process.
Which two Compensation-related activities use Hierarchy?

A) Sending Compensation alerts
B) Allocating budgets
C) Plan access
D) Feedback survey
E) Approval routing

Solutions: