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Prepare for Success: Oracle Fusion HCM Interview Questions and Tips
Are you in search of Oracle Fusion HCM Interview questions and answers? If you agree with my question then you have arrived at the right place. Human capital management is one of the essential factors for the success of any business. It is a challenging task for business leaders and HR managers to attract, retain and manage the quality workforce in an organization. Challenges in managing human resources have grown and along with this, there are some technological advancements that are helping organizations in managing their workforce across the globe.
Oracle Fusion Cloud Human Capital Management is a cloud-based solution that simplifies the process to manage human resources from hire to retirement. Its advanced capabilities made it the widely deployed solution. This blog covers the Oracle HCM interview questions that are suitable for freshers as well as for experienced candidates. Preparing these questions would help you with the confidence to clear your oracle cloud HCM interview with ease. All the very best!
Frequently Asked Oracle HCM Fusion Interview Questions and Answers
1) What is Human Capital Management?
Human Capital Management (HCM) is a set of practices, employed to manage human resources of an organization. These practices focus on satisfying the specific needs of organizations, and majorly implemented in three areas workforce acquisition, management, and optimization.
2) What is Oracle Fusion HCM?
Oracle Fusion Cloud Human Capital Management is natively built for the cloud and offers a wide range of applications required for an organization to manage human resources. It streamlines the work process of HR leaders with unique solutions for every stage of an employee lifecycle which include attracting new talent, screening, hiring, on-boarding, managing payroll, managing time and absence, managing performance, compensation, and benefits, optimizing workflow, etc.
Oracle Fusion HCM cloud built with an AI-first approach and allows individuals to make real-time smarter decisions. It is highly flexible and easily integrates with multiple applications like supply chain, financials, CRM etc. Oracle offers a wide range of products designed for HCM which include Global HR, Talent Management, Workforce Management, Workforce Rewards, and Work-Life Solutions.
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3) What is IDG in oracle fusion HCM?
In Oracle Fusion HCM the term IDG is abbreviated as a Legislative Data Group (LDG). Fusion Payroll is organized by LDG. Every LDG group is treated as legislation in which payroll is processed. Each legislative data group consists of elements like legislative code, own cost key flexfield structure, and currency.
4) What is Enterprise Structure?
Enterprise structure is defined as a model that has been designed to meet the legal and managerial objectives of an organization. Oracle Fusion applications are designed in a way to meet organizational requirements.
Each enterprise consists of three fundamental structures which are:
- Functional Structure
- Legal Structure
- Managerial Structure
5) What are the important sections in the performance template?
Following are some of the essential sections in the oracle Fusion performance list:
- Final Feedback Sections by managers
- Review Sections
- Goal Sections
- Final Feedback Sections by workers
- Questionnaire Section
6) List a few common tasks that are used during the implementation?
Following are some of the common tasks used while implementation:
- Managing the legal addresses,
- Business units
- Grades
- Divisions
- legal entity
- Lookups
- Locations
- Review periods
- Worker goal setups
- Documents types
- Managing Jobs
7) Is there any limit on holding the sections on a performance list, if yes what it is?
Yes, there is a limit. Max one can hold 6 sections at a time.
8) What is the other name for Reference data sharing?
The reference data sharing is also known as SetID.
9) What is FSM in Oracle Fusion HCM?
FSM is the essential component of Oracle Fusion applications, abbreviated as Functional Setup Manager (“FSM ”). It allows developers/administrators to manage application operations and design objects. It streamlines the implementation process experience for all Fusion applications across HCM, ERP, CX, and SCM pillars.
FSM allows you to:
- It lets you understand implementation needs and plan
- Customize applications to meet business requirements
- Allows you to import functional setup data between various instances.
- Validates configuration data by analyzing reports
10) What is Absence Management in Oracle Cloud HCM?
Oracle Absence Management is a core component of Oracle Cloud HCM that enables you to effectively set rules for managing employee absenteeism globally and locally. This would bring down the elements associated with absenteeism such as productivity, cost, and risk. Using Absence management organizations can build, customize, and configure simplified absence management plans.
11) What are the different Oracle HCM Modules?
Following are the different Oracle HCM modules available and each of them contributes their part to streamline the process to manage the human resources of an organization across the globe.
- Core Human Resources
- Onboarding
- Workforce Directory
- HR Help Desk
- Benefits
- Absence Management
- Workforce Modeling and Predictions
- Advanced HCM Controls
- Work-Life Solutions
12) Name a few essential factors that should be taken into consideration to assign key responsibility areas to an employee?
To specify the key responsibility areas to an employee the major factors that should be taken into consideration are skill set, experience, areas of interest, education qualification, leadership qualities, efforts, etc.
13) What is reference data sharing in oracle fusion?
Reference data sharing in Oracle Fusion is also known as SetID. This reference data sharing functionality supports operations in multiple business units, ledgers, and warehouses. This helps in a drastic reduction in administrative efforts and time taken to implement business units.
14) What is the use of Reference data sharing in Oracle Fusion HCM?
The main advantage of Reference Data sharing is that it eliminates duplicate data in the common transactional data.
15) What are the major Absence Patterns?
Following are the predefined absence patterns:
- Childbirth or placement
- Illness or injury
- Generic absence
16) What is the watchlist in Oracle Fusion?
Watchlist is an essential component of Oracle Fusion components that gives the users a set of shortcuts to work areas based on the user preferences. It consists of items delivered by applications and items that are created by the end-user.
17) What is Oracle Fusion Middleware?
Oracle Fusion Middleware is a set of standards that provides complete support for development, deployment, integration, and management. It offers a wide range of solutions through its middleware design:
Following are the various solutions offered by Oracle Fusion Middleware:
- Development Tools
- Business Intelligence
- User Interaction
- Content Management
- Application Server
- SOA
- Security and Identity Management
- Integration and Business Process Management (BPM)
- Enterprise Management
18) What are the set enabled objects in Oracle Fusion HCM?
The set-enabled business objects are:
- Locations
- Grades
- Jobs
- Departments
- Performance templates
19) Explain plan types in Oracle Fusion HCM?
There are three types of plans available in Oracle Fusion HCM, they are Accrual, qualification, and No Entitlement. Let’s get a clear overview of each plan
Accrual Plan:
This Plan defined the purpose on which the workforce is opting for leave.
Qualification Plan:
This plan states whether a candidate is eligible to take the leave and wage payment during leave.
No Entitlement:
It tracks all leaves irrespective of paid or unpaid they are.
20) What are the core pillars of Human Capital Management?
Following are the four major pillars of effective human capital management:
- Acquiring
- Managing
- Training
- Retaining
21) Define Inclusiveness?
This is a process executed by management to invite suggestions from the workforce. Employees are the ones who know ground reality well and they know the key areas of improvement. Inclusiveness helps organizations in knowing the areas of improvement and makes employees feel happy for taking their feedback into consideration.
22) Name the tool used for Data Migration?
Data loader is the tool used for migrating data in Oracle Fusion HCM.
23) What are the system user types?
Following are the 4 system user types:
- Employee
- Non-worker
- Contingent Worker
- Pending Worker
24) In how many ways you can generate a Person Number?
We can generate a Person number in 4 different ways which include Manual, Automatic, upon save and final save.
25) Name the source keys available to load data?
Following are the source keys available to load data:
- Source System ID,
- GUID
- User Keys
- Surrogate ID
26) Name a few core tables available in Oracle Fusion HCM?
- Per_all_people_f
- Per_all_assignments_m
- Per_person_names_f
- per_periods_of_Service
27) Name the sections of Oracle Fusion overall performance Template?
- Competency section
- Worker very last comments section
- Goal segment
- Supervisor very last comments segment
- Standard evaluate phase
- Questionnaire segment
Conclusion:
With this, we have come to the end of this Oracle Fusion HCM interview questions and answers blog. Hope you have found some useful information in this blog. We will update this blog with the latest Oracle Fusion technical interview questions, so stay tuned. Happy learning!
Author Bio
Yamuna Karumuri is a content writer at CourseDrill. Her passion lies in writing articles on the IT platforms including Machine learning, Workday, Sailpoint, Data Science, Artificial Intelligence, Selenium, MSBI, and so on. You can connect with her via LinkedIn.
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