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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. While working on a budget sheet or a compensation worksheet, a manager chooses to use the "Export to Excel workbook" option to do his or her work. Which four of the following steps would he or she needto perform upon clicking the "Export to Excel workbook" option and prior to finalizing his or her proposaland submitting it for approval?

A) Edit the workbook data.
B) Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
C) Resolve errors created by the uploaded file.
D) Repeat the steps as many times as necessary to accommodate the revisions.
E) Filter the edits and upload only the edited fields.
F) Download and authenticate workbooks.

2. A corporation has implemented Oracle Fusion Compensation Management. A Salary basis has been created to manage employees' salaries. It has a payroll element attached. As part of the Salary changes, when the compensation manager is trying to update the Salary amounts, the same is not reflecting in the payroll elements entries of the employee.
Identify the two possible causes for the issue.

A) Automatic entry is checked for the payroll element used.
B) No components are defined to handle these salary adjustments.
C) Salary basis is configured to be non-updatable.
D) Automatic entry is checked at the element eligibility link for the payroll element used.

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

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

4. You can use predefined alerts to notify managers about issues on the worksheet that need their attention.
Which four predefined alerts are available?

A) Worker is on long-term leave
B) Allocation outside target range
C) Job changed in HR
D) Worker was terminated
E) Salary changed in HR
F) Grade changed in HR

5. A corporation implemented Oracle Fusion Compensation Management. A salary bas/s has been created and attached to the employee and a compensation cycle has been run. The corporation wants to include a new component as part of the salary basis.
Which three are predefined components?

A) Market adjustment due to salary being out of line with the market
B) Regular and automatic adjustment
C) Adjustment due to corrections within the organization
D) Equity adjustment to correct salary compression or inversion

Solutions: