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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. A corporation has implemented Oracle Fusion Compensation Management and set up an individual compensation plan with the following details.
-Name: Variable component -Restrict plan access: Yes -Action: Manage Contributions -Access Level: New -Allocations: Always Allow -Update Allocations: Never Allow -Discontinue Allocations: "Allowed during a specific period" with the period start and end dates
configured.
Identify the correct option for the actions possible.

A) The contribution will be automatically added to all the employees in the payroll and HR can discontinue allocations on a request basis.
B) Only managers will be able start the contribution anytime, update never, but discontinue during the period defined for any specific employee by using the manager dashboard.
C) The plan setup is always for HR to take actions and, therefore, only HR will be able to start the contribution anytime, update never, but discontinue during the period defined for any specific employee.
D) All Employees will be able start the contribution anytime, update never, but discontinue during the period defined.

2. While configuring a plan cycle, you have set the Worksheet update start and end dates as 15-Apr2014 and 31-May-2014, respectively. However, when a manager logs into the workforce compensation area on 5-Apr-2014, he is able to see the active plan, but in read-only mode.
What could be the possible reason for this?

A) Active plans are always shown in read-only mode from the Plan Access start date, which (s generally prior to the Worksheet update date.
B) Active plans are always shown in read-only mode until the Worksheet update period starts.
C) Active plans are always shown in read-only mode from the Evaluation period start date, which is always prior to the Worksheet update date.
D) Active plans are always shown in read-only mode once it is past the eligibility determination date.

3. As an implementation consultant, you are defining entry values for an element in the Fusion application.
Which statement about selecting the rules for the element's entry value is true?

A) An element with the Automatic Entry option selected can allow multiple entries in the same period, and an element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
B) An element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
C) An element with the Automatic Entry option selected can allow multiple entries in the same period.
D) An element with the Automatic Entry option selected cannot allow multiple entries in the same period.

4. A corporation is implementing Oracle Fusion Compensation Management and has set up an Individual Compensation plan for contribution towards a retirement benefit. This contribution must be approved by the four-level manager hierarchy.
Identify all the four builders that support a restriction for the number of levels.

A) Job level
B) Position
C) Resource
D) Department Level
E) Management Chain
F) Supervisory

5. While creating a compensation plan, the compensation manager of your client's organization chooses to enable Compensation Change statement, as an implementation consultant, which is the dependantconfiguration that you would advise the compensation manager to platform?

A) Enable the Communication tab type (Configure Worksheet Page Layout)
B) Enable components and create a component linked to the budget pool (Configure Compensation Components)
C) Configure related components (Configure Worksheet Page Layout: Detail Table tab)
D) Enable Components and create at least one component (Configure Compensation Component)

Solutions: