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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. Which three dates are mandatory while creating plan cycles?

A) Plan Access Start Date
B) Default Due Date
C) Worksheet Update Period Start Date
D) HR Data Extraction Date
E) Evaluation Period Start Date

2. You are required to explain to your client the use of Hierarchy design in Compensation Process.
Which two Compensation-related activities use Hierarchy?

A) Sending Compensation alerts
B) Plan access
C) Feedback survey
D) Approval routing
E) Allocating budgets

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

4. Your client's compensation plan for employees includes a component that is based on years of service in the organization. If a person completes 10 years in the company, he or she will be eligible for a seniority component and the associated fixed salary amount. What type of eligibility profile you would need to create in order to track work experience of people?

A) Employment-based eligibility criteria using hire date
B) Employment-based-eligibility-criteria using length of service
C) User-defined-criteria-based eligibility profile using hire date
D) Derived-factor-based eligibility criteria using length of service

5. As an implementation consultant, you have defined a total compensation statement. You have defined three compensation items (a new hire bonus, a profit sharing bonus, and a quarterly bonus), which are attached to the bonus category. You no longer need the quarterly bonus item but you are unable to delete it.
Which statement is true for the given scenario?

A) Before deleting the item, you must configure a zero value behavior for the item.
B) More than one administrator might be using the item and, therefore, it cannot be deleted.
C) The above scenario does not stand true as the item can be deleted.
D) The item cannot be deleted, because it is attached to a category.

Solutions: