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

2. 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) A compensation administrator's general access can be overridden using roles.
D) Compensation managers have access to the budget sheet and worksheets for all plans and employee administration tasks.

3. Identify the correct option regarding the Payroll element details in the compensation history setup.

A) Any payroll element can be added and all other details are auto-populated excluding the history category.
B) Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated excluding the history category.
C) Any payroll element can be added and all other details are auto-populated including the history category.
D) Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated including the history category.

4. Which alert is advised to be disabled when you are using HCM co-existence between Oracle PeopleSoft HCM and Oracle Fusion Compensation?

A) Leave of Absence
B) Any custom alert
C) Employee termination
D) Allocation exceeding target

5. A corporation is implementing Oracle Fusion Compensation Management. Different currencies are set at the Legislative Data Group level, the Organization payment level, the Bank account level, and the payroll element level.
The currency shown while configuring salary basis comes from which level?

A) From the input value of the payroll element
B) From the organization payment level, because the compensation is finally paid through this
C) From the Bank account level
D) From the Legislative Data Group level, because that is the highestlevelin the hierarchy

Solutions: