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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

1. Which four options are valid refresh options for the Refresh Data process?

A) Refresh Budget Pools
B) Refresh Base and Eligible Salary
C) Reevaluate Eligibility
D) Refresh HR Data
E) Refresh Plan Access
F) Refresh Manager Hierarchy
G) Refresh Plan Currency

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

3. Identify the three correct statements for an alternate approver hierarchy.

A) By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set or sequence of approvers.
B) You can create multiple approvers for the same manager.
C) The highest Approval sequence is the final approver.
D) The alternate approver must be a part of the regular plan hierarchy.

4. A corporation is implementing Oracle Fusion Compensation Management and needs to set up Compensation history.
Identify the three correct options regarding the various compensations shown in the history.

A) Compensation history shows one-time payments in other compensation and allowances paid regularly in recurring payments.
B) Compensation history automatically retrieves salary and stock-related information. The Recurring payments and other categories have to be added manually.
C) The summary in the compensation history shows the data for only five years.
D) Compensation history displays six categories of compensation.

5. An administrator of a corporation must generate the compensation statements for the workers to notify them about their compensation details.
Identify the correct role that will give the administrator access to complete the process.

A) Line Manager
B) HR Specialist
C) Compensation Administrator
D) Compensation Manager

Solutions: