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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. Which five tasks can be performed by a compensation manager?

A) Generate company-configured compensation change statements to notify workers of a compensation award, job change, or performance rating assignment.
B) Review and approve work of Superior Manager.
C) Promote and rate worker performance while allocating compensation.
D) Allocate compensation.
E) Analyze proposed changes for equity among peer groups and by manager, alignment with the market, and pay for performance strategies.
F) Determine compensation amounts offline by downloading details to a spreadsheet.

2. 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) Create a custom data model that can pull compensation awarded from different plans and display the data using a BI publisher layout.
B) 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.
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 Compensation Statement Plan with cross-references to compensation awarded in each plan.

3. Per your client 5 policy on eligibility for a compensation revision cycle, employees who are in a notice period are not eligible. Manager X is currently in a notice period, but his direct reports are still eligible compensation cycle. You observe that the system allows Manager X to administer compensation for his direct reports.
You research this and find out that Manager X is still allowed to carry out the compensation allocation because his Eligibility Status is_____________.

A) Limited
B) Restricted
C) Ineligible
D) Provisional
E) Eligible

4. You have created a Compensation Plan and configured the plan details. However, when you try to runthe "Start Compensation Cycle" process, you are not able to see the plan you created in the ilk that appear.
Which three options could be possible reasons for this?

A) Your user role does not have access to view the plan.
B) Restrict Plan access is set to "NO"; however, the roles that are allowed are not specified.
C) Restrict Plan access is set to "YFS" and the Compensation Administrator role is added to the list of roles in "Plan access from Compensation work area."
D) Access to the Compensation Administrator role is restricted in Plan Access.
E) The Compensation Administrator or equivalent role is not attached to your plan.

5. While configuring the Budget page, you are setting the properties of the job column.
Which two sections are available in the properties for the job column?

A) Information
B) Default Value
C) Legal Employee
D) General

Solutions: