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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

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

2. Your client's eligibility criteria requiresyou to create user-defined criteria. While creating, you realize that certain fields are available to you. Upon researching you find out that only fields from the following two records and for fields that do not belong to these records fast formula is required.
Which are those two records?

A) AssignmentTables
B) Legislative Information
C) Compensation History
D) Person Attributes

3. A corporation implemented Oracle Fusion Compensation Management. A salary bas/s has been created and attached to the employee and a compensation cycle has been run. The corporation wants to include a new component as part of the salary basis.
Which three are predefined components?

A) Regular and automatic adjustment
B) Market adjustment due to salary being out of line with the market
C) Equity adjustment to correct salary compression or inversion
D) Adjustment due to corrections within the organization

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

5. You have created a Compensation Plan and configured the plan details. However, when you try to runthe "Start Compensation Cycle" process, you are not able to see the plan you created in the ilk that appear.
Which three options could be possible reasons for this?

A) Restrict Plan access is set to "YFS" and the Compensation Administrator role is added to the list of roles in "Plan access from Compensation work area."
B) Access to the Compensation Administrator role is restricted in Plan Access.
C) Restrict Plan access is set to "NO"; however, the roles that are allowed are not specified.
D) The Compensation Administrator or equivalent role is not attached to your plan.
E) Your user role does not have access to view the plan.

Solutions: