Ques. 1): In Present time, Why Human Capital Management is so
important?
Answer:
In the present, understanding the economy is a vast term. No one
knows what factors are important in terms of investment without managing the
capital. Organizations must face a ton of issues if they don’t manage the same
in a reliable manner. The fraud transactions and risks are the major trouble
creators. Effective management always makes sure proper utilization and records
can be accessed anytime when users want.
Oracle Fusion Applications interview Questions and Answers
Ques. 2): What are the different pillars of HCM?
Answer:
The core pillars of HCM are:
• Training
talent
• Talent
acquisition
• Retaining
talent, and
• Managing
talent
Oracle Accounts Payable Interview Questions and Answers
Ques. 3): What is the best way to motivate employees?
Answer:
The best ways to motivate employees are:
• Rewarding
by praising before others
• Increasing
pay
• Appreciate
the work
• Incentives
• Promotions
• Designation
increase
Oracle ADF Interview Questions and Answers
Ques. 4): What type of structures can easily be managed by Fusion
Tree? Is it possible for users to change these structures?
Answer:
Fusion HCM comes with many features. It can simply represent the
structures of organizations, geography tree, inter departments within an
organization, as well as positions associated with the same. It is not possible
for users to change the predefined tree structure.
However, it is possible to create new ones with the help of
geography trees. Even a single copy can have multiple versions. This doesn’t
actually mean that all the versions can be utilized at the same time. Users can
consider only one at an instant.
Oracle SCM Interview Questions and Answers
Ques. 5): Can you state a few benefits of using the Enterprise
Structure Configuration?
Answer:
Benefits of Enterprise structure configuration as mentioned below
• It
is possible to create all the structures within an organization instantly and
simultaneously
• It
is beneficial for testing the multiple scenarios. This is because it can easily
create several configurations
• It
is possible for the users to roll back the configuration even when the same has
been loaded by them
• Users
can even review the same thoroughly before it is actually loaded. This makes
sure that there will be no errors in the configuration process at a later
stage.
Oracle Access Manager Interview Questions and Answers
Ques. 6): Is Fusion HCM a currently independent platform?
Answer:
Yes, it is a currency independent platform. Users need not to
worry about the same. It has also been equipped with some inter-currency
conversion features that make it easy for the users to understand the basic
concepts. It is also possible for the users to understand the management
aspects in terms or rates of local currency in an equivalent manner.
Oracle Financials Interview questions and Answers
Ques. 7): What is Normalization in Oracle Fusion?
Answer:
When the users need to create the rating models, there is always a
need for them to define the rating distribution at the same time. This is because
it gives an idea about the overall percentage of the workforce that needs to be
involved in the task. It even reflects the information if it is possible to
increase/decrease the workforce at different levels. This process is known as
normalization.
Oracle Cloud Interview Questions and Answers
Ques. 8): Can you tell the difference between the Watchlist and
the Worklist in Oracle HCM?
Answer:
There are certain items that a user always wants to track while
performing important tasks. The Watchlist is a basic feature where the
shortcuts to all the items are reflected. The count for all the items can
easily be seen and can be navigated to the relevant application sector.
The shortcuts can easily be modified as per need and users can
even create a track record of the same. One of the best things is it makes
report generation and management very easy and there are certain items that
need to be opened again and again.
On the other side, the Worklist reflects all the important tasks
that are sensitive and needs the approval of the user before the final execution.
It also reflects some important notifications and the tasks which are on
priority. All the tasks can easily be managed with the help of Worklist. The
concerned users can act in any manner on the tasks.
Oracle PL/SQL Interview Questions and Answers
Ques. 9): What exactly do you know about the plan types in Fusion
HCM?
Answer:
There are 3 plans available in the Fusion HCM. These are Accrual,
Qualification, and No Entitlement. An accrual is an approach that defines the
purpose of the workforce for taking leaves. Qualification states whether the
workforce is actually eligible to take the benefits of the leaves and why they
should be given wages for such a time period.
No entitlement keeps a track of all the leaves whether they are
paid or unpaid. It generally doesn’t have an entitle that states the true
purpose of absence.
Oracle SQL Interview Questions and Answers
Ques. 10): How well you can define the term Capital?
Answer:
It means the goods which are already produced and further plans to
produce the same by an organization. Generally, it reflects any service or
goods with the help of which an organization or an individual can deliver
outputs that are totally error-free. It acts as a catalyst to enhance the
overall business.
Oracle RDMS Interview Questions and Answers
Ques. 11): What do you mean by Inclusiveness and how significant
it is?
Answer:
It is nothing but a step by management to sit with the workforce
for inviting suggestions and feedbacks. The fact is employees are always
familiar with the ground reality and they always have plans to tackle many
problems and daunting situations. Taking feedback from them brings multiple
benefits for an organization simply.
BI Publisher Interview Questions and Answers
Ques. 12): What Is Legislative Data Group In Fusion Hcm?
Answer:
Legislative data groups are a means of partitioning payroll and
related data. At least one legislative data group is required for each country
where the enterprise operates. Each legislative data group is associated with
one or more payroll statutory units. Each legislative data group marks a
legislation in which payroll is processed, and is associated with a legislative
code, currency and its own cost key flexfield structure.
Oracle 10g Interview Questions and Answers
Ques: 13): If You Update An Assignment Record Multiple Times In A Single Day, Can You Still Track The Record, If Yes How?
Answer:
For some objects, such as assignments, more than one update per
day is maintained by creating a physical record for each update. Such objects
include an effective sequence number in each physical record to show the order
in which updates made to an object on a single day were applied.
Ques. 14): What Do You Understand By Reference Data Sharing?
Answer:
In oracle Fusion Reference data sharing facilitates sharing of
configuration data such as jobs, grades across business units. It can be
understood as buckets of reference data assigned to multiple business units. It
helps to reduce duplication and maintenance by sharing common data across
business entities where appropriate. In Oracle Fusion Applications reference
data sharing feature is also known as SetID. A set, which is available out of
the box, is called Common Set.
In HCM Set enabled objects are: Departments, Locations, and Jobs
& Grades.
Ques. 15): How Many Sections A Performance Template Can Hold and
What Are Those?
Answer:
An Oracle Fusion Performance Template can hold maximum of six
sections, which are given below:
1. Competency
Section
2. Goal
Section
3. Worker
Final Feedback Section
4. Manager
Final Feedback Section
5. Questionnaire
Section
6. Overall
Review Section
Ques. 16): What’s Practical Setup Supervisor Or FSM As It’s Far
More Generally Referred To As?
Answer:
Oracle Fusion useful Setup supervisor (FSM) is an application that
gives a give up-to-stop guided system for handling your useful implementation
initiatives all through the whole implementation lifestyles cycle.
Ques. 17): What Type Of Structures Can Easily Be Managed By Fusion
Tree? Is It Possible For The Users To Change These Structures?
Answer:
Fusion HCM comes with many features. It can simply represent the
structures of organizations, geography tree; inter departments within an
organization, as well as positions associated with the same. It is not possible
for the users to change the predefined tree structure. However, it is possible
to create the new ones with the help of geography trees. Even a single copy can
have multiple versions. This doesn’t actually mean that all the versions can be
utilized at the same time. Users can consider only one at an instant.
Ques. 18): What is an enterprise structure Configurator (ESC)?
Answer:
It is an interview-primarily based device that leads you through
organization system configuration. Users use this device as a part of their
installation to define the company systems, various activities, and function
structures of the enterprise. To get access to ESC, select set-up business
enterprise structures venture under the “initial Configuration assignment”
listing. Moreover, you can also define organization setup, organization
structure, position and jobs in an enterprise.
Ques. 19): What square measure The Common Tasks That square
measure oftentimes Used throughout The Implementation?
Answer:
Managing the legal addresses, grades, business units, legal
entity, divisions, departments, locations, lookups, employee goal setups,
review periods, documents sorts (performance related) still as managing the
roles square measure the tasks that square measure quite common throughout the
implementation.
Ques. 20): What Is Distribution Threshold In Fusion Performance
Management?
Answer:
When we create Rating Model for performance management, we do
define Rating Distribution to tell what the minimum is and maximum percentage
of worker should fall in each rating level. This is more commonly known as
Normalization. Now the Distribution Threshold is a failed to control Number of
eligible workers a manager must have to see distribution target.
