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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. A corporation is implementing Oracle Fusion Compensation Management and must set up salary bases. Employees are assigned different grades within the organization and the salaries are dependent on the grades.
What is the correct way to set up the salary bases?

A) Set up different salary bases for different grades with the same payroll element. The frequency of both salary basis and the grade rate should match.
B) Set up different salary bases for different grades with the same payroll element. The frequency
of both salary basis and grade rate need not match.
C) Set up different salary bases for different grades and different payroll elements, because the payroll element can be attached to only one salary basis. The frequency of both salary basis and grade rate need not match.
D) Set up different salary bases for different grades and different payroll elements, because the payroll element can be attached to only one salary basis. The frequency of both salary basis and grade rate should match.

2. A corporation implemented Oracle Fusion Compensation Management. A Salary Basis has been created and attached to the workers and a Compensation cycle has been run. The corporation now wants to use a different Grade rate for the salary basis.
Which option is true?

A) A new Grade rate can be created and the Salary basis can be modified to include it.
B) After the salary basis is associated with any worker, you cannot delete it or modify any characteristic. Therefore, a new Salary Basis must be created with a new Grade rate.
C) The salary of an employee is based on the grade to which the employee is assigned. Therefore, nothing has to be changed at the salary basis level once it has been created. Employee data must be modified to reflect the new grade.
D) No new Grade rate can be created.

3. 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) General
C) Default Value
D) Legal Employee

4. While working on a budget sheet or a compensation worksheet, a manager chooses to use the "Export to Excel workbook" option to do his or her work. Which four of the following steps would he or she needto perform upon clicking the "Export to Excel workbook" option and prior to finalizing his or her proposaland submitting it for approval?

A) Edit the workbook data.
B) Filter the edits and upload only the edited fields.
C) Repeat the steps as many times as necessary to accommodate the revisions.
D) Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
E) Download and authenticate workbooks.
F) Resolve errors created by the uploaded file.

5. Which three statements are true regarding Plan Cycles?

A) You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.
B) All active plans are available to be cross-referenced, even plans with no started cycles.
C) You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.
D) Active plans are available to be cross-referenced, except plans with no started cycles.
E) You can display a target amount or custom score from a previous plan cycle In the current plan cycle.

Solutions: