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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:
1. While administering compensation for the workforce, Manager X accidentally approves a lower manager's. Which three statements will be true in this case?
A) The lower-level manager can still make changes in the worksheet and resubmit it for approval.
B) The lower-level manager's access level is changed to "Approved."
C) The worksheet goes to next level for approval.
D) The lower-level manager can withdraw the submission and reprocess the compensation allocation.
2. Your client's organization is a multi-country organization with headquarters in the US. All employees are covered under global compensation plan. However, the managers in each country wants to administer compensation in their country's respective currency. How would you enable this feature?
A) Set the preferred currency in the worksheet
B) Display the corporate currency
C) Enable currency switching
D) Use fast formula to display the employee currency using conversion rates
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) Approval routing
B) Feedback survey
C) Plan access
D) Sending Compensation alerts
E) Allocating budgets
4. A manager publishes budgets as amounts to the managers reporting to him. The following table shows the allocations made to each direct report (managers) and the total salaries of the employees in their chain.
Now, one of Manager 2's employees with eligible salary of $ 100,000 is reassigned to Manager 3. What will be the impact on Budget Percentage?
A) Budget allocated for the employee will be released back to the manager for reallocation. Budget percentage will remain unchanged.
B) Allocated budget will not change. Budget percentage of Manager 3 will increase to 12.5% and Manager 2 will decrease to 8%.
C) Allocated budget will not change. Budget percentage of Manager 2 will increase to 12.5% and Manager 3 will decrease to 8%.
D) No Impact. The budget allocated to the employee will automatically be allocated to Manager 3. Budget percentage will remain as 10.
5. 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) Eligible
B) Restricted
C) Ineligible
D) Provisional
E) Limited
Solutions:
| Question # 1 Answer: A,B,D | Question # 2 Answer: C | Question # 3 Answer: A,B | Question # 4 Answer: C | Question # 5 Answer: B |
By Leona
