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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

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

2. As an implementation consultant, you have created compensation items for the total compensation statement but have not attached them to compensation categories.
In this situation, which statement is correct?

A) To include items in statements you must add items to a compensation category.
B) You can add items to statement definitions directly, and to include Items in statements you must add items to a compensation category.
C) You can add items to statement definitions directly.
D) You cannot add items to statement definitions directly, and you cannot add items to a compensation category.

3. 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 Compensation Statement Plan with cross-references to compensation awarded in each plan.
D) Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.

4. You are configuring Fusion HCM Compensation Management for a customer. Which three tasks are part of Plan Foundation Configuration Options?

A) Plan Currency
B) Alerts
C) Plan Access
D) Feedback Survey
E) Components

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

Solutions: