Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. 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 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.
B) 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.
C) 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.
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,

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

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

3. A corporation has implemented Oracle Fusion Compensation for a manufacturing client. The Fusion consultant must create an element eligibility link for an Earnings element.
While creating the element eligibility link, which three options can be set up in the element eligibility work area?

A) Costing
B) General information
C) Status processing rules
D) Retroactive components
E) Input values
F) Auto indirect rules

4. Your client is a consumer goods wholesaler. The client's organization has five departments.
While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees to that department. In the current year, only the Electronics department has exceeded its sales target.
How would the compensation manager allocate the extra budget to the manager of the Electronics Department?

A) Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.
B) Publish the original budget to all managers, followed by publishing the extra budget to only the manager of the Electronics department.
C) Initiate budgets automatically by using the Start Compensation Cycle process.
D) Request excess budget allocation from the manager above him.

5. A Corporation has implemented Oracle Fusion Compensation for a manufacturing client. Per the business requirements, the Fusion consultant must integrate Oracle Fusion Compensation with Oracle Fusion Benefits to fetch the value of Benefits Amount as one of the input values for the Benefit element to get the eligible salary of the employee for the compensation process.
Identify the option that will enable the fetching of Benefits Amount.

A) Select the "Allow User Entry" and "Create a Database Item" check boxes for the element input value.
B) Create an "Amount" input value at the element eligibility link level.
C) Select "Pay Separately" as the "Special Purpose" option.
D) Database items are created by default for the element input values.

Solutions: