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

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

3. Which three statements are true regarding Plan Cycles?

A) You can display a target amount or custom score from a previous plan cycle In the current plan cycle.
B) Active plans are available to be cross-referenced, except plans with no started cycles.
C) All active plans are available to be cross-referenced, even plans with no started cycles.
D) You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.
E) You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.

4. ABC Company's compensation has an itemized structure. The company wants to increase the Cost of Living allowance of the employees living in the New Jersey area by 3% to compensate for the increased living costs. Which feature of Oracle Fusion Compensation can be used to achieve this?

A) Action and Action Reasons
B) Plan Access
C) Budget Pools
D) Salary Component
E) Plan Eligibility

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

Solutions: