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. Restricted
• B. Eligible
• C. Provisional
• D. Ineligible
• E. Limited

Oracle Fusion Compensation has nine predefined salary components. Your client has a requirement that allow a salary adjustment based on the number of dependants the employee has, and this allowance must be mapped to a separate component. Because this allowance cannot have a logical mapping with any of the predefined components, you decide to create a new salary component called "Family Allowance".
Which option would you use to achieve this?

• A. The Compensation Models
• B. The Salary Component Lookup
• C. The Configure Compensation Component task Manager plans
• D. It is not possible to achieve this, because only the delivered salary component can be used

A corporation is implementing Oracle Fusion Compensation Management and must set up Compensation history. Identify the three correct options regarding the salary component.

• A. The Base rate shown in the salary section is the most recent pay rate.
• B. The Base rate shown in the salary section is the average of the pay rate for the entire year.
• C. The growth rate shown in the details shows both cumulative and average annual salary growth rates.
• D. The base rate shown in the previous years is the pay rate on 31 December of each year.

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 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.
• B. 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.
• C. 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.
• D. 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.

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. "Working Storage Area" is not one of the components of Fusion Fast Formula.
• B. Compensation start date and Compensation end date are individual Compensation Plan Formula types.
• C. Use Fast Formulas instead of existing application code to obtain non-standard results.
• D. Fast Formulas support the business need when existing rules and parameters are adequate.
• E. Compensation default and override formula types default the value of a column of Workforce Compensation Plan.