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

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

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

3. A compensation manager of a corporation is setting up a new salary basis for the employees. Which statement is true about payroll elements set up for a salary basis?

A) Recurring elements can be linked to multiple salary bases only if they are classified as earnings elements, and they need not be configured to allow multiple entries in the same period.
B) Payroll elements of any classification type can be attached to a salary basis.
C) Recurring elements can be linked to multiple salary bases only if they are classified as earnings elements and configured to allow multiple entries in the same period.
D) Multiple payroll elements can be attached a salary basis.

4. Which three dates are mandatory while creating plan cycles?

A) HR Data Extraction Date
B) Default Due Date
C) Worksheet Update Period Start Date
D) Plan Access Start Date
E) Evaluation Period Start Date

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

Solutions: