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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

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

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


2. Your client wants you to create a single Compensation Change statement that includes compensation awarded for multiple plans. What would you, as an implementation consultant, advise your client?

A) This is possible only in the on-premises model using customization and is not possible inan SaaS instance. Therefore, you would respond accordingly to the client.
B) Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.
C) Create a custom data model that can pull compensation awarded from different plans and display the data using a BI publisher layout.
D) Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.


3. You are configuring Fusion HCM Compensation Management for a customer. Which three tasks are part of Plan Foundation Configuration Options?

A) Plan Currency
B) Feedback Survey
C) Components
D) Alerts
E) Plan Access


4. Identify the three choices when configuring approvals.

A) Approve mode
B) Auto approval
C) Submit mode
D) Alternative approve hierarchy


5. A corporation implemented Fusion Compensation and wants to validate the salaries with the setup. Select the two options that are true about validation setup.

A) Using either a formula at the element level or criteria at the element link level, a warning message can be generated when a new or adjusted salary does not pass the configured validation.
B) Using either a formula at the element level or criteria at the element link level, approval can be prevented when the new or adjusted salary does not pass the configured validation.
C) Using grade rate validation, a warning message can be generated when the new or adjusted salary is outside the range of salary configured in the grade rate attached to the salary basis.
D) Using grade rate validation, approval can be prevented when the new or adjusted salary is outside the range of salary configured in the grade rate attached to salary basis,


Solutions:

Question # 1
Answer: C,D,E
Question # 2
Answer: B
Question # 3
Answer: A,B,E
Question # 4
Answer: A,B,C
Question # 5
Answer: A,D

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