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Oracle Fusion HCM: Compensation 2014 Essentials Sample Questions:

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

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

2. A corporation is implementing Oracle Fusion Compensation Management and must set up salary bases. Employees are assigned different grades within the organization and the salaries are dependent on the grades.
What is the correct way to set up the salary bases?

A) Set up different salary bases for different grades and different payroll elements, because the payroll element can be attached to only one salary basis. The frequency of both salary basis and grade rate need not match.
B) Set up different salary bases for different grades with the same payroll element. The frequency
of both salary basis and grade rate need not match.
C) Set up different salary bases for different grades and different payroll elements, because the payroll element can be attached to only one salary basis. The frequency of both salary basis and grade rate should match.
D) Set up different salary bases for different grades with the same payroll element. The frequency of both salary basis and the grade rate should match.

3. 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) Compensation Administrator
B) Compensation Manager
C) HR Specialist
D) Line Manager

4. Which five tasks can be performed by a compensation manager?

A) Review and approve work of Superior Manager.
B) Analyze proposed changes for equity among peer groups and by manager, alignment with the market, and pay for performance strategies.
C) Generate company-configured compensation change statements to notify workers of a compensation award, job change, or performance rating assignment.
D) Promote and rate worker performance while allocating compensation.
E) Determine compensation amounts offline by downloading details to a spreadsheet.
F) Allocate compensation.

5. Identify the three choices when configuring approvals.

A) Alternative approve hierarchy
B) Submit mode
C) Auto approval
D) Approve mode

Solutions: