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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

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

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

2. 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) Ineligible
B) Restricted
C) Limited
D) Provisional
E) Eligible

3. While configuring a plan cycle, you have set the Worksheet update start and end dates as 15-Apr2014 and 31-May-2014, respectively. However, when a manager logs into the workforce compensation area on 5-Apr-2014, he is able to see the active plan, but in read-only mode.
What could be the possible reason for this?

A) Active plans are always shown in read-only mode from the Plan Access start date, which (s generally prior to the Worksheet update date.
B) Active plans are always shown in read-only mode until the Worksheet update period starts.
C) Active plans are always shown in read-only mode from the Evaluation period start date, which is always prior to the Worksheet update date.
D) Active plans are always shown in read-only mode once it is past the eligibility determination date.

4. You can use predefined alerts to notify managers about issues on the worksheet that need their attention.
Which four predefined alerts are available?

A) Job changed in HR
B) Salary changed in HR
C) Grade changed in HR
D) Allocation outside target range
E) Worker was terminated
F) Worker is on long-term leave

5. Identify the three choices when configuring approvals.

A) Alternative approve hierarchy
B) Approve mode
C) Submit mode
D) Auto approval

Solutions: