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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 withdraw the submission and reprocess the compensation allocation.
D) The lower-level manager can still make changes in the worksheet and resubmit it for approval.

2. As an implementation consultant, you are defining entry values for an element in the Fusion application.
Which statement about selecting the rules for the element's entry value is true?

A) An element with the Automatic Entry option selected can allow multiple entries in the same period.
B) An element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
C) An element with the Automatic Entry option selected can allow multiple entries in the same period, and an element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
D) An element with the Automatic Entry option selected cannot allow multiple entries in the same period.

3. A Corporation has implemented Oracle Fusion Compensation for a manufacturing client.
Which is the building block used in the calculation of deductions and exemptions?

A) Deduction range groups
B) Deduction overrides
C) Deduction range Values
D) Deduction ranges

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

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

5. The manager administering compensation has the option to create budget models to be used to allocate compensation.
Which four options regarding compensation modeling are correct?

A) Managers can create their own models and use them.
B) A model can be shared with the direct reports of the creator.
C) Managers can use a model created by compensation professionals.
D) Access of a model is limited only to the creator of the model.
E) Managers cannot share a model created by them.
F) Modeling enables managers to automatically allocate compensation to employees who meet certain criteria.

Solutions: