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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

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

2. Your client is a consumer goods wholesaler. The client's organization has five departments.
While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees to that department. In the current year, only the Electronics department has exceeded its sales target.
How would the compensation manager allocate the extra budget to the manager of the Electronics Department?

A) Request excess budget allocation from the manager above him.
B) Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.
C) Initiate budgets automatically by using the Start Compensation Cycle process.
D) Publish the original budget to all managers, followed by publishing the extra budget to only the manager of the Electronics department.

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

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

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

5. As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items?

A) Compensation items are the foundation upon which the Compensation Statement is built.
B) Compensation items can be added to statement definitions directly.
C) Compensation items cannot be used across statement definitions.
D) Compensation items are added to a compensation category to include them in statements.
E) Compensation items need not be mapped to the specific source from which the compensation information is retrieved.

Solutions: