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1. A corporation implemented Oracle Fusion Workforce Compensation. A salary basis 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? (Choose three.)
A) Equity adjustment to correct salary compression or inversion
B) Regular and automatic adjustment
C) Adjustment due to corrections within the organization
D) Market adjustment due to salary being out of line with the market
2. During the Compensation Review cycle for the year 2014-15, the manager processes his direct reports compensation changes per the model created by him. After making the changes in the worksheet, the manager submits the proposed changes to the next level manager in the hierarchy for approval. What will the Manager status appear as in the workforce compensation area? (Choose the best answer.)
A) In Approvals
B) Processed
C) Work in Progress
D) Fully Approved
E) Submitted
3. While administering compensation, the managers in the organization want to first allocate compensation to the outstanding performers with compa-ratio less than 80 and, therefore, want to view only this population. How would you, as a consultant, help the managers to achieve this? (Choose the best answer.)
A) Use the sort feature in the worksheet to control this.
B) Use the Advanced Filter option in the worksheet to create a custom condition.
C) Control the population by using eligibility profiles.
D) This cannot be done once the population is finalized and the compensation cycle is started.
4. 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? (Choose the best answer.)
A) To include items in statements you must add items to a compensation category.
B) You cannot add items to statement definitions directly, and you cannot add items to a compensation category.
C) You can add items to statement definitions directly, and to include items in statements you must add items to a compensation category.
D) You can add items to statement definitions directly.
5. Identify the four components that can be included in a fast formul
a. (Choose four.)
A) Output statement
B) Conditions
C) Assignment statements
D) Comments
E) Input statement
F) Symbolic variables
Solutions:
| Question # 1 Answer: A,B,D | Question # 2 Answer: E | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: B,C,D,E |
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