1z0-495

Number: 1z0-495
Passing Score: 800
Time Limit: 120 min
File Version: 14.0

http://www.gratisexam.com/

Exam code: 1z0-495

Exam name: Oracle Fusion HCM: Compensation 2014 Essentials
Version 14.0

Exam F
QUESTION 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.
B.
C.
D.

The lower-level manager can withdraw the submission and reprocess the compensation allocation.
The lower-level manager's access level is changed to "Approved."
The worksheet goes to next level for approval.
The lower-level manager can still make changes in the worksheet and resubmit it for approval.

Correct Answer: ABD

Section: (none)
Explanation
Explanation/Reference:
QUESTION 2
As compensation manager, you are creating a Salary compensation item to define a total compensation
statement. Which two statements are correct about compensation items?
A. Compensation items are the foundation upon which the Compensation Statement is built.
B. Compensation items cannot be used across statement definitions.
C. Compensation items need not be mapped to the specific source from which the compensation
information is retrieved.
D. Compensation items can be added to statement definitions directly.
E. Compensation items are added to a compensation category to include them in statements.
Correct Answer: BD
Section: (none)
Explanation
Explanation/Reference:
QUESTION 3
A corporation implemented Oracle Fusion Compensation Management. A Salary Basis has been created
and attached to the workers and a Compensation cycle has been run. The corporation now wants to use a
different Grade rate for the salary basis.
Which option is true?
A. After the salary basis is associated with any worker, you cannot delete it or modify any characteristic.
Therefore, a new Salary Basis must be created with a new Grade rate.
B. A new Grade rate can be created and the Salary basis can be modified to include it.
C. No new Grade rate can be created.
D. The salary of an employee is based on the grade to which the employee is assigned. Therefore, nothing
has to be changed at the salary basis level once it has been created. Employee data must be modified
to reflect the new grade.
Correct Answer: A
Section: (none)
Explanation
Explanation/Reference:
QUESTION 4
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.
B.
C.
D.

Compensation Administrator
Compensation Manager
Line Manager
HR Specialist

Correct Answer: D
Section: (none)
Explanation
Explanation/Reference:

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QUESTION 5
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.
B.
C.
D.

Set the preferred currency in the worksheet

Enable currency switching
Display the corporate currency
Use fast formula to display the employee currency using conversion rates

Correct Answer: B
Section: (none)
Explanation
Explanation/Reference:
QUESTION 6
Your client wants you to create a single Compensation Change statement that includes compensation
awarded for multiple plans. What would you, as an implementation consultant, advise your client?
A. Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.
B. Create a custom data model that can pull compensation awarded from different plans and display the
data using a BI publisher layout.
C. Create a separate Change statement template for this purpose and associate it with the Statement
group for which this is required.
D. This is possible only in the on-premises model using customization and is not possible in an SaaS
instance. Therefore, you would respond accordingly to the client.
Correct Answer: C
Section: (none)
Explanation
Explanation/Reference:
QUESTION 7

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. Modeling enables managers to automatically allocate compensation to employees who meet certain
criteria.
B. Managers can create their own models and use them.
C. Managers cannot share a model created by them.
D. Managers can use a model created by compensation professionals.
E. Access of a model is limited only to the creator of the model.
F. A model can be shared with the direct reports of the creator.
Correct Answer: ACDF
Section: (none)
Explanation
Explanation/Reference:
QUESTION 8
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 with the same payroll element. The frequency of both
salary basis and the grade rate should match.
B. 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.
C. 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.
D. 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.
Correct Answer: C
Section: (none)
Explanation
Explanation/Reference:
QUESTION 9
A manager publishes budgets as amounts to the managers reporting to him. The following table shows the
allocations made to each direct report (managers) and the total salaries of the employees in their chain.

Now, one of Manager 2's employees with eligible salary of $ 100,000 is reassigned to Manager
3. What will be the impact on Budget Percentage?

A. No Impact. The budget allocated to the employee will automatically be allocated to Manager
3. Budget percentage will remain as 10.
B. Allocated budget will not change. Budget percentage of Manager 2 will increase to 12.5% and Manager
3 will decrease to 8%.
C. Allocated budget will not change. Budget percentage of Manager 3 will increase to 12.5% and Manager
2 will decrease to 8%.
D. Budget allocated for the employee will be released back to the manager for reallocation.
Budget percentage will remain unchanged.
Correct Answer: B
Section: (none)
Explanation
Explanation/Reference:
QUESTION 10
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.
B.
C.
D.
E.
F.

General information
Input values
Costing
Status processing rules
Retroactive components
Auto indirect rules

Correct Answer: BCF

Section: (none)
Explanation
Explanation/Reference:
QUESTION 11
Which three dates are mandatory while creating plan cycles?
A.
B.
C.
D.
E.

Evaluation Period Start Date

Worksheet Update Period Start Date
Plan Access Start Date
HR Data Extraction Date
Default Due Date

Correct Answer: ABD

Section: (none)
Explanation
Explanation/Reference:
QUESTION 12
While implementing Oracle Fusion Compensation Management for client XYZ, you are grouping
compensation items and categories for displaying them together. Therefore, when planning how to group
compensation items and categories, you must consider which three options?
A. Category Type
B. Contribution Type and Unit of Measure

C.
D.
E.
F.

Level of detail
Statement definitions
Compensation Items
Category Detail

Correct Answer: BCE

Section: (none)
Explanation
Explanation/Reference:
QUESTION 13
While configuring the Budget page, you are setting the properties of the job column. Which two sections
are available in the properties for the job column?
A.
B.
C.
D.

General
Default Value
Information
Legal Employee

Correct Answer: AC
Section: (none)
Explanation
Explanation/Reference:
QUESTION 14
A corporation is implementing Oracle Fusion Compensation Management and needs to give a spot bonus
for a new hire as well as give the same for special recognition for employees. Identify the correct option
that will enable the organization to achieve the desired results.
A. Configure the spot bonus as an individual compensation plan and add "Hire" as an action.
Then, after an employee is hired, this plan can be added to employees anytime.
B. Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR
action "Hire," this bonus can be added. Also add "Manage Individual Compensation," which will enable
Managers to add it to reportees.
C. Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR
action "Hire," this bonus can be added. Also add "Manage Contributions," which will enable managers
to add it to reportees.
D. Configure the spot bonus as an individual compensation plan and add "All" as an action so that this
plan can be added to anyone at any time.
Correct Answer: D
Section: (none)
Explanation
Explanation/Reference:
QUESTION 15
Which two methods can be used by the Compensation Administrator to publish budgets?
A.
B.
C.
D.

Publish budgets manually.

Copy budget amounts from a previous cycle.
Use a model to distribute budgets.
Publish budgets automatically by running the Build Model process.

Correct Answer: BC

Section: (none)
Explanation
Explanation/Reference:
QUESTION 16
ABC Company's compensation has an itemized structure. The company wants to increase the Cost of
Living allowance of the employees living in the New Jersey area by 3% to compensate for the increased
living costs. Which feature of Oracle Fusion Compensation can be used to achieve this?
A.
B.
C.
D.
E.

Budget Pools
Plan Eligibility
Salary Component
Action and Action Reasons
Plan Access

Correct Answer: C
Section: (none)
Explanation
Explanation/Reference:
QUESTION 17
Which four options are valid refresh options for the Refresh Data process?
A.
B.
C.
D.
E.
F.
G.

Refresh HR Data
Refresh Base and Eligible Salary
Refresh Plan Access
Refresh Manager Hierarchy
Reevaluate Eligibility
Refresh Plan Currency
Refresh Budget Pools

Correct Answer: ACEG

Section: (none)
Explanation
Explanation/Reference:
QUESTION 18
A corporation implemented Fusion Compensation and wants to validate the salaries with the setup. Select
the two options that are true about validation setup.
A. Using grade rate validation, a warning message can be generated when the new or adjusted salary is
outside the range of salary configured in the grade rate attached to the salary basis.
B. Using grade rate validation, approval can be prevented when the new or adjusted salary is outside the
range of salary configured in the grade rate attached to salary basis,
C. Using either a formula at the element level or criteria at the element link level, a warning message can
be generated when a new or adjusted salary does not pass the configured validation.
D. Using either a formula at the element level or criteria at the element link level, approval can be
prevented when the new or adjusted salary does not pass the configured validation.
Correct Answer: BC
Section: (none)
Explanation

Explanation/Reference:
QUESTION 19
As an implementation consultant, you have created compensation items for the total compensation
statement but have not attached them to compensation categories.
In this situation, which statement is correct?
A. You can add items to statement definitions directly.
B. To include items in statements you must add items to a compensation category.
C. You cannot add items to statement definitions directly, and you cannot add items to a compensation
category.
D. You can add items to statement definitions directly, and to include Items in statements you must add
items to a compensation category.
Correct Answer: B
Section: (none)
Explanation
Explanation/Reference:
QUESTION 20
The Budget Pool Storage Method selected is "Amount". One of the line managers in the organization has
twenty employees reporting to him. One of the employees leaves the organization during the compensation
cycle.
What will be the effect on the budget allocated to the Line Manager?
A. The published budget change when a manager's total eligible salary changes, such as when workers
are reassigned.
B. The published amount stay with the manager when workers are reassigned or their eligibility changes.
C. The published budgets change when a manager's total eligible salary changes, such as when workers
eligibility changes.
D. The published budget is always a percentage of the total budget pool.
Correct Answer: C
Section: (none)
Explanation
Explanation/Reference:
QUESTION 21
Which two tasks are true about components in worksheet configurations?
A. Plans must have at least one component if awarding compensation.
B. You can create up to five components to represent the different types of compensation that you want to
award within a plan.
C. Each component has to be of a separate type, such as salary or bonus.
D. There is the flexibility to add any number of components within a compensation plan.
Correct Answer: BD
Section: (none)
Explanation
Explanation/Reference:
QUESTION 22
A corporation is implementing Oracle Fusion Compensation Management and has set up an Individual

Compensation plan for contribution towards a retirement benefit. This contribution must be approved by the
four-level manager hierarchy.
Identify all the four builders that support a restriction for the number of levels.
A.
B.
C.
D.
E.
F.

Management Chain
Supervisory
Position
Job level
Resource
Department Level

Correct Answer: BDEF

Section: (none)
Explanation
Explanation/Reference:
QUESTION 23
Per your client 5 policy on eligibility for a compensation revision cycle, employees who are in a notice
period are not eligible. Manager X is currently in a notice period, but his direct reports are still eligible
compensation cycle. You observe that the system allows Manager X to administer compensation for his
direct reports.
You research this and find out that Manager X is still allowed to carry out the compensation allocation
because his Eligibility Status is_____________.
A.
B.
C.
D.
E.

Eligible
Ineligible
Restricted
Limited
Provisional

Correct Answer: C
Section: (none)
Explanation
Explanation/Reference:
QUESTION 24
You are configuring Fusion HCM Compensation Management for a customer. Which three tasks are part
of Plan Foundation Configuration Options?
A.
B.
C.
D.
E.

Components
Plan Currency
Plan Access
Alerts
Feedback Survey

Correct Answer: BCE

Section: (none)
Explanation
Explanation/Reference:
QUESTION 25
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.
B.
C.
D.

Deduction ranges
Deduction range groups
Deduction range Values
Deduction overrides

Correct Answer: B
Section: (none)
Explanation
Explanation/Reference:
QUESTION 26
As an implementation consultant, you are required to define a total compensation statement. You are
creating the compensation items for the same. Which four source types are available for selection while
creating a compensation item for the total compensation statement?
A.
B.
C.
D.
E.
F.

Element Entry
Benefit Balance
Formula
Payroll Balance
Deduction Range
Input Value

Correct Answer: ABDF

Section: (none)
Explanation
Explanation/Reference:
QUESTION 27
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 configured to allow multiple entries in the same period.
B. 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.
C. Multiple payroll elements can be attached a salary basis.
D. Payroll elements of any classification type can be attached to a salary basis.
Correct Answer: D
Section: (none)
Explanation
Explanation/Reference:
QUESTION 28
Identify the three choices when configuring approvals.
A.
B.
C.
D.

Approve mode
Submit mode
Alternative approve hierarchy
Auto approval

Correct Answer: ABD

Section: (none)
Explanation
Explanation/Reference:
QUESTION 29
A corporation has implemented Oracle Fusion Compensation Management and set up an individual
compensation plan with the following details.
Name: Variable component
Restrict plan access: Yes
Action: Manage Contributions
Access Level: New
Allocations: Always Allow
Update Allocations: Never Allow
Discontinue Allocations: "Allowed during a specific period" with the period start and end dates configured.
Identify the correct option for the actions possible.
A. All Employees will be able start the contribution anytime, update never, but discontinue during the
period defined.
B. Only managers will be able start the contribution anytime, update never, but discontinue during the
period defined for any specific employee by using the manager dashboard.
C. The plan setup is always for HR to take actions and, therefore, only HR will be able to start the
contribution anytime, update never, but discontinue during the period defined for any specific employee.
D. The contribution will be automatically added to all the employees in the payroll and HR can discontinue
allocations on a request basis.
Correct Answer: A
Section: (none)
Explanation
Explanation/Reference:
QUESTION 30
You create a compensation plan and attach a Compensation Performance rating model to it. While the
manager is allocating compensation, he specifies a rating for each of the employeesunder him. Where will
the rating specified by the manager be available?
A.
B.
C.
D.

Only within the current compensation plan and all cycles associated with it
Only within the current compensation plan and the current cycle
To the current compensation plan and the Performance Management system
To the current compensation plan and HR system

Correct Answer: C
Section: (none)
Explanation
Explanation/Reference:
QUESTION 31
You want to use the Workforce Compensation Budget pool for a workforce compensation plan.
Select the task to be performed, in the correct sequence. a)Configure the workforce compensation budget
pool b)Configure the workforce compensation plan details c)Run the Start Compensation plan
d)Create at least one worksheet compensation component and associate the budget pool with it.

A. Configure the workforce compensation budget pool, Configure the workforce compensation plan
details, Run the Start Compensation Cycle process, Create the workforce compensation plan, Create at
least one worksheet compensation component and associate the budget pool with it.
B. Create the workforce compensation plan. Configure the workforce compensation budget pool,
Configure the workforce compensation plan details, Create at least one worksheet compensation
component and associate the budget pool with it, Run the Start Compensation Cycle process.
C. Create the workforce compensation plan, Configure the workforce compensation plan details.
Configure the workforce compensation budget pool, Create at (east one worksheet compensation
component and associate the budget pool with it, Run the Start Compensation Cycle process.
D. Create the workforce compensation plan. Configure the workforce compensation budget pool, Create at
least one worksheet compensation component and associate the budget pool with it, Configure the
workforce compensation plan details. Run the Start Compensation Cycle process.
E. Run the Start Compensation Cycle process, Create the workforce compensation plan, Configure the
workforce compensation budget pool. Create at least one worksheet compensation component and
associate the budget pool with it, Configure the workforce compensation plan details
Correct Answer: E
Section: (none)
Explanation
Explanation/Reference:
QUESTION 32
You have created a Compensation Plan and configured the plan details. However, when you try to runthe
"Start Compensation Cycle" process, you are not able to see the plan you created in the ilk that appear.
Which three options could be possible reasons for this?
A.
B.
C.
D.
E.

Your user role does not have access to view the plan.
The Compensation Administrator or equivalent role is not attached to your plan.
Access to the Compensation Administrator role is restricted in Plan Access.
Restrict Plan access is set to "NO"; however, the roles that are allowed are not specified.
Restrict Plan access is set to "YFS" and the Compensation Administrator role is added to the list of
roles in "Plan access from Compensation work area."

Correct Answer: ACE

Section: (none)
Explanation
Explanation/Reference:
QUESTION 33
A corporation implemented Oracle Fusion Compensation Management. A salary bas/s has been created
and attached to the employee and a compensation cycle has been run. The corporation wants to include a
new component as part of the salary basis.
Which three are predefined components?
A.
B.
C.
D.

Regular and automatic adjustment

Market adjustment due to salary being out of line with the market
Equity adjustment to correct salary compression or inversion
Adjustment due to corrections within the organization

Correct Answer: ABD

Section: (none)
Explanation
Explanation/Reference:

QUESTION 34
Employee X was hired on 5 March 2014 as a Web Designer and was reporting to Manager Y. On 10
September 2014, this employee was transferred to Manager Z to work as an Online Campaign designer.
The company where Employee X works is doing a compensation cycle for the current year starting
1October 2014. The employee record set up in the plan setting is "Employment terms," while the Legal
Employer of Employee X uses a two-tier model.
On which manager's worksheet does Employee X appear?
A.
B.
C.
D.

Manager Y, because this is the original manager of Employee X

Manager Z, because this is the current manager to whom Employee X is reporting
Both Manager Y and Manager Z, because he has worked under both of them during the current cycle
Employee X does not appear on any manager's sheet, because he will not be evaluated by the
compensation plan.

Correct Answer: C
Section: (none)
Explanation
Explanation/Reference:
QUESTION 35
A corporation is implementing Oracle Fusion Compensation Management and needs to set up the following
for all employees:
Salary paid based on the grades of employees.
Car allowance paid based on the department and position
Spot bonus paid based on a committee's decision.
Identify the correct option for the setup.
A. Set up a salary basis for "Salary" and associate a grade rate matrix and the payroll element to it. Set up
individual compensation plans for the car allowance and spot bonus, and restrict the access to line
manager and HR specialist respectively. Additionally, add an eligibility profile to the car allowance to
restrict it to specific departments and positions.
B. Set up a salary basis for "Salary" and associate a grade rate matrix to it, and add a car allowance and
spot bonus as components for the salary basis along with Salary. Attach the required payroll elements
to the salary. Have salary validations to restrict access and payment for specific departments and
positions.
C. Set up one individual compensation plan with all three options. Add the required payroll elements and
add restriction based on eligibility profiles and plan access.
D. Set up Salary and the spot bonus as two salary bases, because there are no eligibility restrictions. Set
up the car allowance as an individual compensation plan- Add the required payroll elements and add
eligibility profiles for the car allowance for specific departments and positions.
Correct Answer: D
Section: (none)
Explanation
Explanation/Reference:
QUESTION 36
As an implementation consultant, you are required to define the total compensation statement. You are
creating the statement definitions for your compensation statement.
Which three statements are true about the statement definitions?
A. The statement definition acts as a template and determines the layout and content of the generated

B.
C.
D.
E.
F.

statement.
The statement definition consists of compensation items added to compensation categories.
Multiple legal employers, multiple countries, and multiple currencies cannot be included in one
statement.
Compensation items with sources belonging to different legal employers cannot be added.
Reusing statement definitions by creating new statement periods and then modifying the definition for
subsequent periods is not possible.
Edits to compensation categories affect all statement definitions that use that category.

Correct Answer: BCE

Section: (none)
Explanation
Explanation/Reference:
QUESTION 37
Identify the three correct statements for an alternate approver hierarchy.
A. By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new
set or sequence of approvers.
B. The alternate approver must be a part of the regular plan hierarchy.
C. You can create multiple approvers for the same manager.
D. The highest Approval sequence is the final approver.
Correct Answer: ACD
Section: (none)
Explanation
Explanation/Reference:
QUESTION 38
A corporation implemented oracle Fusion Compensation. The Fusion Consultant followed the approach of
Fusion Fast Formula instead of using Dynamic calculation in the Compensation Plan.
Which three statements are true about Fusion Fast Formula?
A.
B.
C.
D.

Use Fast Formulas instead of existing application code to obtain non-standard results.
Fast Formulas support the business need when existing rules and parameters are adequate.
Compensation start date and Compensation end date are individual Compensation Plan Formula types.
Compensation default and override formula types default the value of a column of Workforce
Compensation Plan.
E. "Working Storage Area" is not one of the components of Fusion Fast Formula.
Correct Answer: BDE
Section: (none)
Explanation
Explanation/Reference:
QUESTION 39
Performance Ratings is enabled in compensation plan. Which three statements are correct regarding
performance ratings?
A. If you use performance ratings while allocating compensation, you can display the latest ratings to the
managers during the compensation cycle.
B. You can allow managers to enter performance ratings during the compensation cycle to be used only in

the compensation plan.

C. You cannot make performance ratings and documents completed in Oracle Fusion Performance
Management available to managers from the worksheet.
D. You can allow managers to update the overall performance rating, overall goal rating, and overall
competency rating in the compensation worksheet.
Correct Answer: ABD
Section: (none)
Explanation
Explanation/Reference:
QUESTION 40
The Fusion Compensation module must be integrated with Fusion Performance Rating. In which three
ways can the performance rating be made available?
A.
B.
C.
D.
E.

Integrate with Oracle Fusion Performance Management.

Use compensation performance ratings.
Use both Performance Management ratings and compensation ratings.
Integrate with Oracle Fusion Goal Management.
Integrate with Oracle Fusion Profile Management.

Correct Answer: BCE

Section: (none)
Explanation
Explanation/Reference:
QUESTION 41
Which five tasks can be performed by a compensation manager?
A.
B.
C.
D.
E.

Allocate compensation.
Promote and rate worker performance while allocating compensation.
Determine compensation amounts offline by downloading details to a spreadsheet.
Review and approve work of Superior Manager.
Generate company-configured compensation change statements to notify workers of a compensation
award, job change, or performance rating assignment.
F. Analyze proposed changes for equity among peer groups and by manager, alignment with the market,
and pay for performance strategies.
Correct Answer: BCEF
Section: (none)
Explanation
Explanation/Reference:
QUESTION 42
You can use predefined alerts to notify managers about issues on the worksheet that need their attention.
Which four predefined alerts are available?
A.
B.
C.
D.
E.

Salary changed in HR
Allocation outside target range
Grade changed in HR
Job changed in HR
Worker was terminated

F. Worker is on long-term leave

Correct Answer: BCEF
Section: (none)
Explanation
Explanation/Reference:
QUESTION 43
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.
B.
C.
D.

Attach performance bonuses to similar compensation items.

Attach performance bonuses to similar compensation categories/subcategories.
Attach performance bonuses to similar elements.
Attach performance bonuses to similar sources.

Correct Answer: C
Section: (none)
Explanation
Explanation/Reference:
QUESTION 44
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.
B.
C.
D.

From
From
From
From

the input value of the payroll element

the Legislative Data Group level, because that is the highest level in the hierarchy
the organization payment level, because the compensation is finally paid through this
the Bank account level

Correct Answer: B
Section: (none)
Explanation
Explanation/Reference:
QUESTION 45
A corporation is implementing Oracle Fusion Compensation Management and needs to set up
Compensation history.
Identify the three correct options regarding the various compensations shown in the history.
A. Compensation history displays six categories of compensation.
B. Compensation history automatically retrieves salary and stock-related information. The Recurring
payments and other categories have to be added manually.
C. Compensation history shows one-time payments in other compensation and allowances paid regularly
in recurring payments.
D. The summary in the compensation history shows the data for only five years.
Correct Answer: ACD

Section: (none)
Explanation
Explanation/Reference:
QUESTION 46
While creating a compensation plan, the compensation manager of your client's organization chooses to
enable Compensation Change statement, as an implementation consultant, which is the
dependantconfiguration that you would advise the compensation manager to platform?
A. Enable Components and create at least one component (Configure Compensation Component)
B. Enable the Communication tab type (Configure Worksheet Page Layout)
C. Enable components and create a component linked to the budget pool (Configure Compensation
Components)
D. Configure related components (Configure Worksheet Page Layout: Detail Table tab)
Correct Answer: A
Section: (none)
Explanation
Explanation/Reference:
QUESTION 47
Which three statements are true regarding Plan Cycles?
A.
B.
C.
D.

All active plans are available to be cross-referenced, even plans with no started cycles.
You can display a target amount or custom score from a previous plan cycle In the current plan cycle.
Active plans are available to be cross-referenced, except plans with no started cycles.
You cannot display a target amount or custom score from a previous plan cycle in the current plan
cycle.
E. You can reference a plan within itself to display values from a previous plan cycle in a subsequent
cycle.
Correct Answer: BDE
Section: (none)
Explanation
Explanation/Reference:
QUESTION 48
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 cannot allow multiple entries in the same period.
B. An element with the Automatic Entry option selected can allow multiple entries in the same period.
C. 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 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.
Correct Answer: C
Section: (none)
Explanation
Explanation/Reference:

QUESTION 49
While configuring theBudget page, which five tabs are available in Page Layout?
A.
B.
C.
D.
E.
F.
G.

Budgeting
Summary
Detail table
Worker List
Actions
Comments
Information

Correct Answer: ACDEG

Section: (none)
Explanation
Explanation/Reference:
QUESTION 50
Which alert is advised to be disabled when you are using HCM co-existence between Oracle PeopleSoft
HCM and Oracle Fusion Compensation?
A.
B.
C.
D.

Allocation exceeding target

Employee termination
Leave of Absence
Any custom alert

Correct Answer: B
Section: (none)
Explanation
Explanation/Reference:
QUESTION 51
Which item regarding plan access is not true?
A. Compensation administrators have access to all plan configuration tasks for all plans.
B. Compensation managers have access to the budget sheet and worksheets for all plans and employee
administration tasks.
C. A compensation administrator's general access cannot be overridden.
D. A compensation administrator's general access can be overridden using roles.
Correct Answer: C
Section: (none)
Explanation
Explanation/Reference:
QUESTION 52
As an implementation consultant, you are required to define a total compensation statement. To construct
the total compensation statement, you must follow a set of activities in sequence. Select the correct
sequence to construct a total compensation statement.
A. Create compensation items >> attach the items to compensation categories >> arrange categories
hierarchically in the statement definition >> specify the statement period and display options >>
generate the statement.

B. Create compensation items >> specify the statement period and display options >> arrange categories
hierarchically in the statement definition >> attach items to compensation categories >> generate the
statement.
C. Create compensation items >> generate a statement >> specify the statement period and display
options >> arrange categories hierarchically in the statement definition >> attach items to compensation
categories.
D. Create compensation items >> attach the items to compensation categories >> generate the statement
>> specify the statement period and display options >> arrange categories hierarchically in the
statement definition.
Correct Answer: D
Section: (none)
Explanation
Explanation/Reference:
QUESTION 53
A corporation has implemented Oracle Fusion Compensation Management. A Salary basis has been
created to manage employees' salaries. It has a payroll element attached. As part of the Salary changes,
when the compensation manager is trying to update the Salary amounts, the same is not reflecting in the
payroll elements entries of the employee.
Identify the two possible causes for the issue.
A.
B.
C.
D.

Automatic entry is checked for the payroll element used.

Automatic entry is checked at the element eligibility link for the payroll element used.
Salary basis is configured to be non-updatable.
No components are defined to handle these salary adjustments.

Correct Answer: AD
Section: (none)
Explanation
Explanation/Reference:
QUESTION 54
What are the two correct options with respect to budgeting when the salary has multiple components?
A.
B.
C.
D.

Budgets can be separate for each component.

Budgets cannot be separate for each component.
Multiple components can have a single budget.
Multiple components cannot have a single budget.

Correct Answer: BD
Section: (none)
Explanation
Explanation/Reference:
QUESTION 55
A Corporation has implemented Oracle Fusion Compensation for a manufacturing client. Per the business
requirements, the Fusion consultant must integrate Oracle Fusion Compensation with Oracle Fusion
Benefits to fetch the value of Benefits Amount as one of the input values for the Benefit element to get the
eligible salary of the employee for the compensation process.
Identify the option that will enable the fetching of Benefits Amount.
A. Select the "Allow User Entry" and "Create a Database Item" check boxes for the element input value.

B. Database items are created by default for the element input values.
C. Select "Pay Separately" as the "Special Purpose" option.
D. Create an "Amount" input value at the element eligibility link level.
Correct Answer: D
Section: (none)
Explanation
Explanation/Reference:
QUESTION 56
As compensation administrator, you are required to show "Actual Amounts paid to the worker" in the Total
Compensation Statement. To meet this requirement, which component must be created?
A.
B.
C.
D.

Compensation Item
Compensation Category
Compensation Source
Compensation Statement Definition

Correct Answer: A
Section: (none)
Explanation
Explanation/Reference:
QUESTION 57
When upper-level managers change the plan access of one or more lower-/eve/ managers, they receive a
notification informing them about the change in access. Which option do the/ receive to act on the
notification?
A.
B.
C.
D.

Accept
Reject
Dismiss
Reply

Correct Answer: D
Section: (none)
Explanation
Explanation/Reference:

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