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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

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

2. You are configuring Fusion HCM Compensation Management for a customer. Which three tasks are part of Plan Foundation Configuration Options?

A) Feedback Survey
B) Components
C) Plan Currency
D) Plan Access
E) Alerts

3. While implementing Oracle Fusion Compensation Management for client XYZ, you are grouping compensation items and categories for displaying them together. Therefore, when planning how to group compensation items and categories, you must consider which three options?

A) Contribution Type and Unit of Measure
B) Statement definitions
C) Compensation Items
D) Level of detail
E) Category Type
F) Category Detail

4. 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) The above scenario does not stand true as the item can be deleted.
C) More than one administrator might be using the item and, therefore, it cannot be deleted.
D) The item cannot be deleted, because it is attached to a category.

5. A compensation manager of a corporation is setting up a new salary basis for the employees. Which statement is true about payroll elements set up for a salary basis?

A) Recurring elements can be linked to multiple salary bases only if they are classified as earnings elements, and they need not be configured to allow multiple entries in the same period.
B) Multiple payroll elements can be attached a salary basis.
C) Payroll elements of any classification type can be attached to a salary basis.
D) Recurring elements can be linked to multiple salary bases only if they are classified as earnings elements and configured to allow multiple entries in the same period.

Solutions: