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Oracle Fusion Cloud Applications HCM Foundations Associate - Rel 1 Sample Questions (Q21-Q26):
NEW QUESTION # 21
What is the primary purpose of Oracle Cloud Success Navigator?
- A. Provide a best practice framework with tools and guidance that support organizations in their Cloud journey
- B. Provision Oracle Cloud Applications
- C. Offer a platform for reporting bugs and issues with Oracle Cloud products
- D. Automate the migration of on-premises solutions to Oracle Cloud
Answer: A
Explanation:
Comprehensive and Detailed Explanation:TheOracle Cloud Success Navigatoris designed to guide organizations throughout their cloud journey, ensuring they maximize their investment in Oracle Cloud Applications.
* Best Practice Framework:Offers structured guidance for planning, implementation, and continuous improvement.
* Adoption Assistance:Helps organizations optimize their Oracle Cloud deployment by following best practices.
* Tool and Support Availability:Provides access to tools and insights that facilitate successful cloud migration and long-term use.
References:Oracle Cloud Success Navigator Documentation - Best Practice Framework.
NEW QUESTION # 22
Identify three essential components of Oracle Me that empower users to manage their tasks and information efficiently.
- A. Journeys provides personalized, step-by-step guidance for employees using workflows.
- B. Goal Plans outlines individual or team objectives.
- C. Help Desk allows employees to submit HR-related inquiries through multiple channels.
- D. All-in-one Evaluations provides a comprehensive approach to employee assessments.
- E. Touchpoints provides managers with personalized team insights and continuous engagement opportunities.
Answer: A,C,E
Explanation:
Comprehensive and Detailed Explanation:Oracle Meis a comprehensive employee experience platform that enhances workforce engagement. Key components include:
* Help Desk:Enables employees to raise HR-related queries and get timely resolutions.
* Journeys:Provides guided workflows for employees to navigate tasks such as onboarding and career development.
* Touchpoints:Equips managers with data-driven insights to enhance employee engagement and productivity.
References:Oracle Fusion Cloud HCM - Oracle Me Employee Experience Guide.
NEW QUESTION # 23
What is the key benefit of embedding OMBPs in a Starter Configuration?
- A. Provides a platform for customers to access third-party Oracle Fusion Applications configurations.
- B. Provides a standard configuration that supports solution-led implementation of Oracle Fusion Applications.
- C. Provides a fully customized setup of Oracle Fusion Applications implementations.
Answer: B
Explanation:
Comprehensive and Detailed Explanation:OracleObjective Measurement and Benchmarking Practices (OMBPs)in Starter Configuration serve as predefined, industry-standard configurations. These configurations enable organizations to streamline the setup process and adopt best practices without needing extensive customization.
* Accelerated Implementation:By leveraging predefined configurations, organizations can reduce the time required for deployment and minimize setup errors.
* Solution-Led Approach:Provides organizations with a ready-to-use framework that alignswith best practices in enterprise resource planning (ERP) and human capital management (HCM).
* Scalability and Flexibility:While the starter configuration provides a foundation, organizations can still customize settings to meet specific business needs.
References:Oracle Fusion Cloud HCM Implementation Guide - Starter Configurations and Embedded OMBPs.
NEW QUESTION # 24
How does the Workforce Plan to Budget OMBP assist organizations in optimizing their resource allocation?
- A. By creating a comprehensive workforce plan, identifying talent gaps, developing succession plans, and defining training needs.
- B. By forecasting talent needs and associated costs, aligning them with the organization's financial goals, and translating talent requirements into a budget.
- C. By analyzing market trends, competitor data, and industry benchmarks to inform talent acquisition and retention strategies.
Answer: B
Explanation:
Comprehensive and Detailed Explanation:TheWorkforce Plan to Budget OMBPallows organizations to align workforce planning with financial strategies to optimize resource allocation.
* Forecasting Talent Needs:Identifies short-term and long-term hiring requirements based on business growth projections.
* Cost Management:Helps organizations balance workforce expansion with budget constraints to avoid over-hiring or under-utilization of funds.
* Strategic Workforce Planning:Translates hiring requirements into a structured budget to ensure efficient allocation of financial resources.
References:Oracle Fusion Cloud HCM - Workforce Planning and Budgeting Guide.
NEW QUESTION # 25
Which two metrics effectively evaluate the Benefits to Coverage OMBP in Oracle Fusion Cloud HCM?
- A. Deduction Accuracy Rate, assesses the precision of payroll deductions for benefits, ensuring correct calculations.
- B. Benefits Enrollment Ratio, measures the proportion of eligible employees enrolling in benefits plans.
- C. Time to Process Claims, tracks the duration taken to process and approve benefits claims.
- D. Provider Network Size, analyzes the variety of benefits providers available to employees.
Answer: A,C
Explanation:
Comprehensive and Detailed Explanation:TheBenefits to Coverage Objective Measurement and Benchmarking Practice (OMBPs)in Oracle Fusion Cloud HCM help organizations assess the efficiency and effectiveness of their benefits administration processes. The two most crucial metrics are:
* Time to Process Claims:Measures the average time taken for processing benefits claims. A shorter processing time indicates an efficient benefits system that ensures employee satisfaction.
* Deduction Accuracy Rate:Evaluates payroll deductions' precision for employee benefits. Inaccuracies can lead to compliance issues, employee dissatisfaction, and payroll errors.
References:Oracle Fusion Cloud HCM - Benefits Administration and Payroll Integration Guide.
NEW QUESTION # 26
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