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NEW QUESTION 36
A corporation is implementing Oracle Fusion Workforce Compensation and must set up compensation history.
Identify the three correct options regarding the salary component. (Choose three.)
- A. The base rate shown in the previous years is the pay rate on 31 December of each year.
- B. The base rate shown in the salary section is the average of the pay rate for the entire year.
- C. The growth rate shown in the details shows both cumulative and average annual salary growth rates.
- D. The base rate shown in the salary section is the most recent pay rate.
Answer: A,C,D
NEW QUESTION 37
Which two tasks are true aboutcomponents in worksheet configurations? (Choose two.)
- A. Each component has to be of a separate type, such as salary or bonus.
- B. You can create up to five components to represent the different types of compensation that you want to award within a plan.
- C. There is the flexibility to add any number of components within a compensation plan.
- D. Plans must have at least one component if awarding compensation.
Answer: B,D
NEW QUESTION 38
Which statement is trueregarding elements? (Choose the best answer.)
- A. Elements have possibly multiple primary classifications, one secondary classification, and one subclassification.
- B. Elements have one primary classification, possibly multiple secondary classifications, and possibly multiple subclassifications.
- C. Elements have one primary classification, one secondary classification, and possibly multiple subclassifications.
- D. Elements have possibly multiple primary classifications, possible multiple secondary classifications, and possibly multiple subclassifications.
- E. Elements have one primary classification, one secondary classification, and one subclassification.
Answer: C
Explanation:
Explanation
Subclassifications provide a way to feed balances. Elements can have only one primary and secondary classification, but multiple subclassifications. You can create subclassifications or use predefined ones. Once a subclassification is associated with a classification it cannot be associated with another classification. A subclassification name can be reused under different primary classifications, but you will have to create separate balance feeds for each subclassification with the same name.
NEW QUESTION 39
Performance ratings are enabled in the compensation plan. Which three statements are correct regarding performance ratings? (Choose three.)
- A. You can allow managers to enter performance ratings during the compensation cycle to be used only in the compensation plan.
- B. You can allow managers to update the overall performance rating,overall goal rating, and overall competency rating in the compensation worksheet.
- C. Ifyou use performance ratings while allocating compensation, you can display the latest ratings to the managers during the compensation cycle.
- D. You cannot make completed performance document and corresponding ratings from Oracle Fusion Performance Management available to managers in the compensation worksheet.
Answer: A,B,C
NEW QUESTION 40
A corporation implemented Oracle Fusion Workforce Compensation. A salary basis has been created and attached to the employee and a compensation cyclehas been run. The corporation wants to include a new component as part of the salary basis.
Which three are predefined components? (Choose three.)
- A. Market adjustment due to salary being out of line with the market
- B. Regular and automatic adjustment
- C. Equity adjustment to correct salary compression or inversion
- D. Adjustment due to corrections within the organization
Answer: A,B,C
NEW QUESTION 41
After the compensation plan was configured, the Validate Plan Setup process was run successfully with no warnings or errors. However, when the worksheet is accessed by a Line Manager, the Line Manager notices that employees who are ineligible are also visible in the worksheet despite running the Validate Plan Setup process.
What is the reason for this?(Choose the best answer.)
- A. The Validate Plan Setup process does not validate eligibility profiles.
- B. The Validate PlanSetup process failed to report errors from the eligibility profiles.
- C. The compensation administrator did not run the Validate Plan Setup process and run the Start Compensation Cycle process instead.
- D. The Validate Plan Setup process showed a warning about errors on the eligibility profiles, which was ignored by the compensation administrator.
Answer: C
NEW QUESTION 42
A corporation has implemented Oracle Fusion Workforce Compensation. The consultant must now create an element eligibility link for an Earnings element.
While creating the element eligibility link, whichthree options can be set up in the element eligibility work area? (Choose three.)
- A. retroactive components
- B. status processing rules
- C. input values
- D. costing
- E. general information
- F. auto indirect rules
Answer: C,D,F
NEW QUESTION 43
While configuring Workforce CompensationPlan, you specify Performance Rating date in Plan Cycle as the same in multiple plans.
What will happen when the manager updates a compensation performance rating in the worksheet of one plan?
(Choose the best answer.)
- A. The rating will be available toonly the plan where it is updated.
- B. The rating will be available to all plans with the same Performance Rating date in Plan Cycle.
- C. The rating will be available to all plans that are currently active.
- D. The rating will be available to only the planswhere the same manager is involved.
Answer: C
NEW QUESTION 44
If you enable Performance Ratings and rate workers within WorkforceCompensation, which two statements are true? (Choose two.)
- A. These ratings are used across compensation plan and cycles.
- B. You can display compensation ratings given in the previous plan cycle as a column in the worksheet.
- C. Managers can rate workers as they allocate compensation.
- D. The ratings are transferred to the Performance Management system or toHR.
Answer: B,C
NEW QUESTION 45
As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for Salary, Merit Increase, and so on. Identify one set of values that Compensation Items can hold. (Choose the best answer.)
- A. Monetary, Nonmonetary, Date,Boolean
- B. Monetary, Nonmonetary, Date, Text
- C. Monetary, Nonmonetary, Timestamp, Text
- D. Monetary, Timestamp, Boolean
Answer: C
NEW QUESTION 46
A corporation is implementing Oracle Fusion Workforce Compensation and needs toset up compensation history.
Identify the three correct options regarding the various compensations shown in the history. (Choose three.)
- A. Compensation history shows one-time payments in other compensation and allowances paid regularly in recruiting payments.
- B. Compensation history displays six categories of compensation.
- C. Compensation history automatically retrieves salary and stock-related information. The Recruiting payments and other categories have to be added manually.
- D. The summary in the compensation history shows the data for only five years.
Answer: A,C,D
NEW QUESTION 47
The compensation manager wants to run the batch process to start thecompensation cycle. Which statement correctly describes the Back Out Workforce Compensation Data process? (Choose the best answer.)
- A. It backs out started and processed events for participants.
- B. It removes unneeded transaction data from prior plan cycles.
- C. It reverses a completed Start Workforce Compensation Cycle process or removes posted salary, payroll, and HR changes.
- D. It backs out unrestricted events for participants.
Answer: C
NEW QUESTION 48
A corporation has implemented Oracle Fusion Workforce Compensation and set up an individual compensation plan with the following details.
* Name: Variable component
* Restrict plan access: Yes
* Action: Manage Contributions
* Access Level: New
* Allocations: Always Allow
* Update Allocations: Never Allow
* Discontinue Allocations:"Allowed during a specific period" with the period start and end dates configured.
Identify the correct option for the possible actions. (Choose the best answer.)
- A. Only managers will be able to start the contribution anytime, update never, but discontinue during the period defined for any specific employee by using the manager dashboard.
- B. All Employees will be able to start the contribution anytime, update never, butdiscontinue during the period defined.
- C. The contribution will be automatically added to all the employees in the payroll andHR can discontinue allocations on a request basis.
- D. The plan setup is always for HR totake actions and, therefore, only HR will be able to start the contribution anytime, update never, but discontinue during the period defined for any specific employee.
Answer: B
NEW QUESTION 49
A corporation implemented Fusion Compensation and must run a compensation cycle. The corporation has seven different active components in the salary basis. Salaries of all the employees must be updated in bulk mode.
Which statement is true about the bulkupdate using Integrated Workbook? (Choose the best answer.)
- A. Only the first five active components will be loaded at a time by Integrated Workbook.
- B. Only the first four active components will be loaded at a time by Integrated Workbook.
- C. Only the first six active components will be loaded at a time by Integrated Workbook.
- D. Integrated Workbook can be used to update all the seven components.
Answer: A
NEW QUESTION 50
Which five tasks can be performed by a compensation manager? (Choose five.)
- A. Generate company-configured compensation change statements to notify workers of a compensation award, job change, or performance rating assignment.
- B. Allocate compensation.
- C. Review and approve work of Superior Manager.
- D. Determine compensationamounts offline by downloading details to a spreadsheet.
- E. Promote and rate worker performance while allocating compensation.
- F. Analyze proposed changes for equity among peer groups and by manager, alignment with the market, and pay for performance strategies.
Answer: A,B,D,E,F
NEW QUESTION 51
Contingent workers are ineligible as per the eligibility rules defined for your organization's compensation plan. The compensation plan cycle is started. As is the standard practice, the compensation administrator schedules the "Refresh Workforce Compensation Data" nightly. A worker who was a contingent worker is now an employee of the organization and the next day shows up in Manager's worksheet. How is this possible? (Choose the best answer.)
- A. Process IneligibleWorkers is selected in the compensation plan.
- B. Track Ineligible Workers is selected in the compensation plan.
- C. Show Ineligible Workers is selected in the compensation plan.
- D. Hide Ineligible Workers is selected in the compensation plan.
Answer: A
NEW QUESTION 52
Your client is a consumer goods wholesaler. The client's organization has five departments. While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees in that department. In the current year, only the Electronics department has exceeded its sales target.
How would the compensation manager allocate the extra budget to the manager of the Electronics Department? (Choose the best answer.)
- A. Publish the original budgets to all managers, followed by publishing the extra budget to only the manager of the Electronics department.
- B. Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.
- C. Request excess budget allocation from the manager above him.
- D. Initiate budgets automatically by using the Start Compensation Cycle process.
Answer: A
NEW QUESTION 53
An Organization tracks compensation that is not stored in the Benefit Balance, Element Entry, External Data, and Payroll Balance source types. Which three statementsare true about configuring Compensation Items for a Compensation Statement? (Choose three.)
- A. Person ID can be used as Context when implementingthe source type for such Items.
- B. Manager ID can be used as Context when implementing the source type for such Items.
- C. Effective Date can be used as Context when implementing the source type forsuch Items.
- D. Currency can be used as Context when implementing the source type for such Items.
- E. Legislative Data Group ID can be used as Context when implementing the source type for such Items.
Answer: C,D,E
NEW QUESTION 54
A corporation has implemented Oracle Fusion Workforce Compensation. Oracle Fusion Supplemental Earning Elements must now be created to capture ad hocpayments for eligible workforce.
Which two statements are true about element eligibility criteria for such elements? (Choose two.)
- A. You cannot define multiple eligibility criteria for each element in any case.
- B. Some element eligibility criteria may not be available, depending onthe level at which the element is attached.
- C. You can define multiple eligibility criteria for each element, but there must be an overlap between them.
- D. You candefine multiple eligibility criteria for each element, but there must not be any overlap between them.
Answer: A,D
Explanation:
Explanation
You can define more than one eligibility criteria for each element but there must be no overlap between them.
For example, you could create one criteria for the combination of grade A and the job Accountant. However, you could not create one criteria for grade A and a second for the job Accountant. This would imply that an accountant on grade A is eligible for the same element twice. If you have more than one criteria for an element, youcan enter different default values, qualifying conditions, and costing information for each eligibility group.
NEW QUESTION 55
Identify the delivered workflow task for variable allocation approvals that has no rules. (Choose the best answer.)
- A. VariableAllocationTask
- B. VariableContributionTask
- C. VariableApprovalFYITask
- D. VariableAllocationFYITask
- E. VariableApprovalTask
Answer: C
Explanation:
Explanation
None of the FYI approval workflow tasks have rules. The non-FYI workflow tasks are configured such that if the rule applies, then the notification is routed using the Supervisory list builder and response is required.
NEW QUESTION 56
A corporation has set up an individual compensation plan for a contribution towards a retirement benefit.
Thiscontribution must be approved by the four-level manager hierarchy.
Identify all the four builders that support a restriction for the number of levels. (Choose four.)
- A. Management Chain
- B. Position
- C. Job Level
- D. Supervisory
- E. Resource
- F. Department Level
Answer: C,D,E,F
NEW QUESTION 57
Which item is false regarding plan access? (Choose the best answer.)
- A. A compensation administrator's general access can be overridden using roles.
- B. A compensation administrator's general access cannot be overridden.
- C. Compensation managers have access to the budget sheet and worksheets for all plans and employee administration tasks.
- D. Compensation administrators have access to all plan configuration tasks for all plans.
Answer: B
NEW QUESTION 58
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