Do not worry, we are here to assist you with job interview preparation if you are prepared to face an interview for Oracle Payroll. If you are preparing for an Oracle Payroll interview and are unsure of the questions that will likely be asked, we advise you to review the interview questions and solutions page on WisdomJobs to ace the interview. Oracle Payroll is a branch in the HR department tree. It contains all the information, including health insurance, premiums, claims, professional taxes, income taxes, and incentives. For any arrears for previous month are added in it. Strong HR skills are needed as there is huge competition. The list of frequently asked Oracle Payroll interview questions and the corresponding explanations are provided below to help you prepare for the interviews:
- Can you call pl/SQL package functions from within a Fast Formula? …
- What are list types? …
- How do you Debug a Fast Formula? …
- What are the various levels where you can Set up Payroll Costing Accounts?
How to write Fast Formulas in Oracle Fusion Cloud HCM
Q : What is Legislative Data Group in Fusion HCM?
Payroll and related data can be partitioned using legislative data groups. For each country in which the company conducts business, at least one legislative data group is necessary. Each statutory unit of payroll is connected to one or more legislative data groups. Each legislative data group identifies a law for which payroll is processed, and each one has a unique cost key flexfield structure, legislative code, and currency.
Q : What are Oracle Fusion Trees?
Graphical representations of hierarchical data, such as your organization’s structure, are found in Oracle Fusion trees. Department, organization, position, and geography trees have predefined tree structures in Oracle Fusion Human Capital Management (HCM). You cannot change the predefined HCM tree structures. Except for geography trees, each HCM tree type can have multiple trees and multiple versions of each tree. However, only one version of each tree can be active at a time for all HCM tree types.
Q : If you update an assignment record multiple times in a single day, can you still track the record, if yes how?
More than one update per day is maintained for some objects, such as assignments, by making a physical record for each update. Each physical record of such objects contains an effective sequence number that demonstrates the order in which updates made to an object on a given day were applied.
Do not worry, we are here to assist you with job interview preparation if you are prepared to face an interview for Oracle Payroll. If you are preparing for an Oracle Payroll interview and are unsure of the questions that will likely be asked, we advise you to review the interview questions and solutions page on WisdomJobs to ace the interview. Oracle Payroll is a branch in the HR department tree. It contains all the information, including health insurance, premiums, claims, professional taxes, income taxes, and incentives. For any arrears for previous month are added in it. Strong HR skills are needed as there is huge competition. The list of frequently asked Oracle Payroll interview questions and the corresponding explanations are provided below to help you prepare for the interviews:
FAQ
What is fast formula in HCM?
Oracle Fast Formula is a tool for creating formulas with basic mathematical operations and English words to perform calculations or comparisons. You don’t need to understand the database structure or a programming language to use data from your database in formulas.
What is Oracle fast formula?
Formulas are universal expressions for calculations or comparisons that you want to repeat with various input values. The window, a database, or a process, like a payroll run, can all be used as input sources. They can return values or messages.
What is context in fast formula?
When the fast formula is used, the application sets the context’s value. For instance, when executing the Fast Formula, the Compensation (COMP) sets the value to context such as PERSON_ID, ASSIGNMENT_ID, etc. The context functions as a value for a SQL bind variable.
