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| Section | Objectives |
|---|---|
| Topic 1: Compensation Basics | - Salary and Compensation Components - Compensation Plan Concepts |
| Topic 2: Total Compensation Statements | - Statement Definitions |
| Topic 3: Plan Configuration | - Eligibility and Profiles - Budgeting and Worksheets |
1. Your client's organization is a multi-country organization with headquarters in the US. All employees are covered under global compensation plan. However, the managers in each country wants to administer compensation in their country's respective currency. How would you enable this feature?
A) Set the preferred currency in the worksheet
B) Enable currency switching
C) Use fast formula to display the employee currency using conversion rates
D) Display the corporate currency
2. A corporation started giving performance bonuses to eligible employees on a monthly basis. As a compensation administrator, you are required to display performance bonuses with similar or related compensation items.
How will you configure this requirement in the Fusion application?
A) Attach performance bonuses to similar compensation categories/subcategories.
B) Attach performance bonuses to similar elements.
C) Attach performance bonuses to similar sources.
D) Attach performance bonuses to similar compensation items.
3. A corporation has implemented Oracle Fusion Compensation for a manufacturing client. The Fusion consultant must create an element eligibility link for an Earnings element.
While creating the element eligibility link, which three options can be set up in the element eligibility work area?
A) Status processing rules
B) General information
C) Input values
D) Costing
E) Auto indirect rules
F) Retroactive components
4. Identify the three choices when configuring approvals.
A) Submit mode
B) Approve mode
C) Auto approval
D) Alternative approve hierarchy
5. While configuring theBudget page, which five tabs are available in Page Layout?
A) Summary
B) Worker List
C) Comments
D) Actions
E) Information
F) Budgeting
G) Detail table
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: C,D,E | Question # 4 Answer: A,B,C | Question # 5 Answer: B,D,E,F,G |
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