Oracle Fusion HCM Interview Questions
1. What is the importance of Human capital management?
HCM is an asset for any organization. Every enterprise in the world regards its workforce as a fruitful resource. It is certainly the workforce that serves and accomplishes the goals of any organization. Hence, it is imperative for the organization to ensure they are hiring the proper candidate. Also, an organization should take fundamental measures to create, manage and develop its human resource for mutual growth. For this, they select their employees through a specific selection process assuring that they will add value to their organization. Hence, human capital management is vital for the overall growth of any organization.
2. Is Fusion HCM a currently independent platform?
Yes, it is certainly a currency-independent platform. Users need not worry about the same. It has additionally been equipped with some inter-currency conversion features that make it effortless for the customers to understand the fundamental concepts. It is also possible for the users to understand the management aspects in phrases or rates of local currency in an equal manner.
3. What are the core pillars of HCM?
The core pillars of HCM are:
- Talent acquisition
- Training talent
- Retaining talent
- Managing talent
4. Name a few important sections within a performance template in an Oracle Fusion HCM?
These are Manager Final Feedback Sections, Goal Sections, Review Sections, Final Feedback Sections by workers, Final Feedback Section by managers, and Questionnaire Section.
5. What is an enterprise structure Configurator (ESC)?
It is an interview-primarily based device that leads you via organization system configuration. Users use this device as a section of their installation to define the organization systems, a number of activities, and feature structures of the enterprise. To get access to ESC, choose set-up business organization structures to venture under the “initial Configuration assignment” listing. Moreover, you can also outline organization setup, organization structure, role, and jobs in an enterprise.
6. What are some of the benefits of using an Enterprise Structure Configuration?
The benefits of ESC include:
- It allows you to create different organizational structures instantly and concurrently.
- It can create numerous configurations, ESC is of great significance when it comes to testing multiple scenarios.
- You can roll back the configuration even when the same has been loaded earlier.
- You can review the configuration before loading them. This helps in avoiding errors at later stages.
7. How is ESC useful?
The ESC is a device that is interview-based which guides through the configuration of organization structures. You can use this device to outline business enterprise set-up, organization structure, job, and role structures of the enterprises.
8. How can you access the ESC in the Fusion HCM?
For this, a user certainly wants to choose the EES Establish Enterprise Structure. This is available under the DIC task list.
9. What Is Legislative Data Group In Fusion HCM?
Legislative Data Group is used for partitioning payroll and any facts related to it. Legislative Data Group is required for at least one country where it may also operate. At least one Legislative Data Group is required for the country in which the corporation operates. Each Legislative Data Group is related with a legislative currency, code, and value key field structure. Legislative Data Group works in compliance with the local laws.
10. What is the Legislative facts organization in Fusion HCM?
Legislative fact organization in Fusion HCM can also be described as a device that helps in portioning payroll and any information associated with it. When an organization operates within a country, legislative facts organisation is required. Legislative fact organization in Fusion HCM marks legislation, which processes payroll, having its very own legislative code, currency, and own value key flexfield structure.
11. What do you know about FSM in Oracle Fusion Human Capital Management?
It stands for Functional Setup Manager. It plays a vital role, to manage the functional implementation projects. It provides guided information that is useful in this matter. The implementation life cycle contains errors in it and the same can easily be avoided with the help of FSM. It is a powerful application with several guided modules.
12. What is Normalization in Oracle Fusion?
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.
13. What Are Oracle Fusion Trees? How are they significant in Fusion HCM?
Oracle Fusion trees are graphical representations of hierarchical information such as the structure of your organization. Oracle Fusion Human Capital Management provides predefined tree structures for department, organization, position, and geography trees. You can’t trade the predefined HCM tree structures. With the exception of geography trees, you can create more than one tree for every HCM tree type, and multiple versions of each tree. For all HCM tree types, however, only one version of each tree can be active at one time. This makes it easy for users to effectively manage and understand the tasks that are vital. It additionally allows users to make some vital decisions.
14. What type of structures can easily be managed by Fusion Tree? Is it possible for users to change these structures?
Fusion HCM comes with many features. It can certainly signify the structures of organizations, geography tree, inter departments within an organization, as well as positions related to the same. It is no longer possible for users to change the predefined tree structure. However, it is possible to create new ones with the assistance of geography trees. Even a single copy can have a couple of versions. This doesn’t definitely mean that all the versions can be utilized at an equal time. Users can consider only one at an instant.
15. What do you recognize about the plan types in Oracle Fusion HCM?
In general, there are three plans accessible consisting of Accrual, No Entitlement, and Qualification.
- Accrual strategy defines the motives behind leaves of the workforce.
- Qualification defines whether the workforce is eligible to take leaves benefits.
- It additionally states whether or not they need to be given for such a time.
- No entitlement plan type maintains a document of all the paid and unpaid leaves.
16. What is the use of a Functional Setup Manager?
Oracle Fusion Functional Setup Manager is used to deal with certain setup tasks involved in the completion of a project. An FSM can lead you all through the project in terms of its functional implementation.
17. What is a practical Setup supervisor or FSM?
Oracle Fusion useful Setup supervisor (FSM) is an application that offers an up-to-stop guided system for dealing with your beneficial implementation initiatives all through the entire implementation lifestyles cycle.
18. What is the absence pattern?
The absence pattern comprises a set of predefined rules, which further make an absence type. It is necessary to link an absence type with the absence pattern. The design a user selects will determine specific fields to appear on the absence type pages. Some of the popularly used absence patterns are Childbirth, injury, illness, and general absence.
19. What are the different absence type patterns available in Fusion Absence control?
Alack pattern incorporates a predefined set of guidelines that you can use as a place to begin to create a lack of type. The sample that you pick determines whether unique fields appear on the absence of kind pages, as well as the alternatives available to display and process various aspects of absence recording. For example, the contamination or harm sample displays a discipline that enables you to pick out whether or not the absence kind applies for childbirth or adoption placement.
The following are the three styles to be had in Fusion Absence control.
- illness or harm
- Childbirth or placement
- Common absence
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20. What do you mean by Reference Data Sharing in Oracle HCM?
Reference data sharing refers to the allocation of configuration information such as grades, jobs, and more throughout commercial enterprise units. These are shared in buckets amongst different business units. Reference data sharing helps minimize data duplication.
21. What are the four products you receive as part of the Oracle Fusion HCM product family under the business process category of Workforce Development?
The four products are:
- Profile Management
- Networking at work
- Performance and goal management
- Talent review
22. What is a Work Relationship in Oracle Fusion HCM?
It is the relationship between an individual and their legal organization within an enterprise. Work relationships are normally created and managed in the Person Management work area. All work relationships should have at least one assignment.
23. How can you define approvals for Human Capital Management?
One can manage approval policies with the help of tasks, “Manage Approval Transactions” and “Manage Task Configurations”.
24. What do you know about setting up Position Synchronization?
To set up, you will need to go to the “edit enterprise page” and select the “enable position synchronization” attribute. You can find these options in the “Setup and Maintenance” work area.
25. What is Reference Data Sharing?
In Oracle Fusion HCM reference data sharing means sharing of configuration facts like jobs, grades, etc. throughout enterprise units. You can share the configuration data in buckets throughout enterprise units. This data helps to minimize duplication of data.
26. How many sections can a performance template hold?
A performance template can hold a maximum of six models. They are:
- Competency Section
- Goal Section
- Worker Final Feedback Section
- Manager of Final Feedback Section
- Questionnaire Section
- Overall Review Section
27. List the common tasks that are frequently used during the implementation?
The common tasks that are used frequently during implementation are managing the legal addresses, business units, legal entities, departments, locations, lookups, worker goal setups, grades, document types, jobs, review periods, etc.
28. What do you understand with the term distribution threshold in the Oracle Fusion HCM?
After normalization, it is generally considered to see the workforce that should be there for the accomplishment of the tasks.
29. What are the common tasks that are frequently used during the implementation?
Managing the legal addresses, grades, business units, legal entities, divisions, departments, locations, lookups, worker goal setups, review periods, document types as well as managing the jobs are the tasks that are quite common during the implementation.
30. How do Flexfields and Value Sets Work Together in Oracle Fusion HCM?
The value sets are precise to your enterprise. When gathering data using flexfields, your enterprise’s value sets to validate the values that your customers enter based on how you described the value set. You can assign a value set to any range of flexfield segments in the same or distinctive flexfields. Value set usage information suggests which flexfields use the value set.
31. How does Geography Structure, Hierarchy, and Validation Fit Together in Fusion HCM?
There are three components that are dependent on each other when defining a Country i.e. Geography Structure, Geography Hierarchy, and Geography Validation.
Each country has to have the geography structure described first before the hierarchy can be defined, and the geography hierarchy has to be defined earlier than the validation can be defined.
32. What is Work Relationship in Oracle Fusion HCM?
Work Relationship is the relationship between an individual and his or her legal employer within the system. And work relationships are created and managed in the Person Management work area, and all work relationships need to include at least one assignment
33. What is Oracle Fusion timber?
Oracle Fusion timber are graphical representations of hierarchical statistics along with the shape of your corporation. Oracle Fusion Human Capital Management gives predefined tree systems for department, enterprise, function, and geography trees. You cannot alternate the predefined HCM tree systems. Except for geography trees, you could create a couple of bushes for each HCM tree type, and a couple of versions of each tree. For all HCM tree sorts, however, only one model of every tree can be energetic at one time.
34. What do you apprehend by means of Reference records sharing?
In Oracle Fusion Reference data sharing helps to share configuration archives collectively with jobs, grades throughout business devices. It can be understood as buckets of reference documents assigned to a couple of enterprise gadgets. It helps to minimize duplication and maintenance by means of sharing not unusual data throughout business entities in which it is suitable. In Oracle Fusion applications reference information sharing feature is likewise referred to as SetID. A set that is to be had out of the field is known as an unusual Set. In HCM Set enabled items are: Departments, locations, Jobs & Grades.