Oracle Fusion HCM: Compensation 2014 Essentials : 1z1-495

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Oracle Fusion HCM: Compensation 2014 Essentials 1z1-495 Prüfungsfragen mit Lösungen:

1. 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) A model can be shared with the direct reports of the creator.
E) Access of a model is limited only to the creator of the model.
F) Managers can use a model created by compensation professionals.

2. 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 "All" as an action so that this plan can be added to anyone at any time.
B) 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.
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 "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.

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 achieve this?

A) Control the population by using eligibility profiles.
B) Use the sort feature in the worksheet to control this.
C) This cannot be done once the population is finalized and the compensation cycle is started.
D) Use the Advanced Filter option in the worksheet to create a custom condition.

4. 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 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.
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, approval can be prevented when the new or adjusted salary does not pass the configured validation.
D) 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.

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

Fragen und Antworten: