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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. 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) Plan access
C) Approval routing
D) Allocating budgets
E) Feedback survey

2. A corporation is implementing Oracle Fusion Compensation Management and needs to give a spot bonus for a new hire as well as give the same for special recognition for employees.
Identify the correct option that will enable the organization to achieve the desired results.

A) Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire," this bonus can be added. Also add "Manage Individual Compensation," which will enable Managers to add it to reportees.
B) Configure the spot bonus as an individual compensation plan and add "All" as an action so that this plan can be added to anyone at any time.
C) Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire," this bonus can be added. Also add "Manage Contributions," which will enable managers to add it to reportees.
D) Configure the spot bonus as an individual compensation plan and add "Hire" as an action. Then, after an employee is hired, this plan can be added to employees anytime.

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

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

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

5. Per your client 5 policy on eligibility for a compensation revision cycle, employees who are in a notice period are not eligible. Manager X is currently in a notice period, but his direct reports are still eligible compensation cycle. You observe that the system allows Manager X to administer compensation for his direct reports.
You research this and find out that Manager X is still allowed to carry out the compensation allocation because his Eligibility Status is_____________.

A) Provisional
B) Restricted
C) Ineligible
D) Eligible
E) Limited

Solutions: