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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

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

2. A Corporation has implemented Oracle Fusion Compensation for a manufacturing client.
Which is the building block used in the calculation of deductions and exemptions?

A) Deduction overrides
B) Deduction range Values
C) Deduction ranges
D) Deduction range groups

3. You are required to explain to your client the use of Hierarchy design in Compensation Process.
Which two Compensation-related activities use Hierarchy?

A) Feedback survey
B) Sending Compensation alerts
C) Allocating budgets
D) Approval routing
E) Plan access

4. A corporation is implementing Oracle Fusion Compensation Management. Different currencies are set at the Legislative Data Group level, the Organization payment level, the Bank account level, and the payroll element level.
The currency shown while configuring salary basis comes from which level?

A) From the organization payment level, because the compensation is finally paid through this
B) From the input value of the payroll element
C) From the Bank account level
D) From the Legislative Data Group level, because that is the highestlevelin the hierarchy

5. 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 Compensation Statement Plan with cross-references to compensation awarded in each plan.
C) Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.
D) Create a custom data model that can pull compensation awarded from different plans and display the data using a BI publisher layout.

Solutions: