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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. Your client's eligibility criteria requiresyou to create user-defined criteria. While creating, you realize that certain fields are available to you. Upon researching you find out that only fields from the following two records and for fields that do not belong to these records fast formula is required.
Which are those two records?

A) Person Attributes
B) Legislative Information
C) Compensation History
D) AssignmentTables

2. As an implementation consultant, you have defined a total compensation statement. You have defined three compensation items (a new hire bonus, a profit sharing bonus, and a quarterly bonus), which are attached to the bonus category. You no longer need the quarterly bonus item but you are unable to delete it.
Which statement is true for the given scenario?

A) Before deleting the item, you must configure a zero value behavior for the item.
B) More than one administrator might be using the item and, therefore, it cannot be deleted.
C) The above scenario does not stand true as the item can be deleted.
D) The item cannot be deleted, because it is attached to a category.

3. Oracle Fusion Compensation has nine predefined salary components. Your client has a requirement that allow a salary adjustment based on the number of dependants the employee has, and this allowance must be mapped to a separate component. Because this allowance cannot have a logical mapping with any of the predefined components, you decide to create a new salary component called "Family Allowance".
Which option would you use to achieve this?

A) The Configure Compensation Component task Manager plans
B) The Compensation Models
C) The Salary Component Lookup
D) It is not possible to achieve this, because only the delivered salary component can be used

4. Which four options are valid refresh options for the Refresh Data process?

A) Refresh HR Data
B) Refresh Plan Currency
C) Refresh Plan Access
D) Reevaluate Eligibility
E) Refresh Manager Hierarchy
F) Refresh Budget Pools
G) Refresh Base and Eligible Salary

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 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 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,
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 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.

Solutions: