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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. While administering compensation for the workforce, Manager X accidentally approves a lower manager's. Which three statements will be true in this case?

A) The lower-level manager's access level is changed to "Approved."
B) The worksheet goes to next level for approval.
C) The lower-level manager can still make changes in the worksheet and resubmit it for approval.
D) The lower-level manager can withdraw the submission and reprocess the compensation allocation.

2. Your client's organization is a multi-country organization with headquarters in the US. All employees are covered under global compensation plan. However, the managers in each country wants to administer compensation in their country's respective currency. How would you enable this feature?

A) Use fast formula to display the employee currency using conversion rates
B) Enable currency switching
C) Set the preferred currency in the worksheet
D) Display the corporate currency

3. A manager publishes budgets as amounts to the managers reporting to him. The following table shows the allocations made to each direct report (managers) and the total salaries of the employees in their chain.

Now, one of Manager 2's employees with eligible salary of $ 100,000 is reassigned to Manager 3. What will be the impact on Budget Percentage?

A) Budget allocated for the employee will be released back to the manager for reallocation. Budget percentage will remain unchanged.
B) Allocated budget will not change. Budget percentage of Manager 3 will increase to 12.5% and Manager 2 will decrease to 8%.
C) Allocated budget will not change. Budget percentage of Manager 2 will increase to 12.5% and Manager 3 will decrease to 8%.
D) No Impact. The budget allocated to the employee will automatically be allocated to Manager 3. Budget percentage will remain as 10.

4. Which item regarding plan access is not true?

A) A compensation administrator's general access cannot be overridden.
B) Compensation administrators have access to all plan configuration tasks for all plans.
C) Compensation managers have access to the budget sheet and worksheets for all plans and employee administration tasks.
D) A compensation administrator's general access can be overridden using roles.

5. A corporation started giving performance bonuses to eligible employees on a monthly basis. As a compensation administrator, you are required to display performance bonuses with similar or related compensation items.
How will you configure this requirement in the Fusion application?

A) Attach performance bonuses to similar compensation items.
B) Attach performance bonuses to similar compensation categories/subcategories.
C) Attach performance bonuses to similar elements.
D) Attach performance bonuses to similar sources.

Solutions: