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NEW QUESTION 74
What happens when you define Workforce Compensation Plan components but the employees to whom the compensation change is being administered does not have any component in his or her salary? (Choose the best answer.)
- A. The last component is automatically mapped to the salary and the amount associated with this component is posted as a salary adjustment to the employee record.
- B. The component adjustment is not posted as a salary adjustment to the employee's record. While designing the compensation plan, it has to be kept in mind that the plan components must have a direct mapping with the employee's salary components.
- C. The first component is automatically mapped to the salary and the amount associated with this component is posted as a salary adjustment to the employee record.
- D. The sum of all components identified to be posted as salary is posted as a single salary adjustment amount to the employee's salary record.
Answer: A
NEW QUESTION 75
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, Text
- B. Monetary, Timestamp, Boolean
- C. Monetary, Nonmonetary, Date, Boolean
- D. Monetary, Nonmonetary, Timestamp, Text
Answer: D
NEW QUESTION 76
A corporation implemented Oracle Fusion Workforce Compensation. A salary basis has been created and attached to the employee and a compensation cycle has been run. The corporation wants to include a new component as part of the salary basis.
Which three are predefined components? (Choose three.)
- A. Regular and automatic adjustment
- B. Equity adjustment to correct salary compression or inversion
- C. Adjustment due to corrections within the organization
- D. Market adjustment due to salary being out of line with the market
Answer: A,B,D
NEW QUESTION 77
Which two tasks are performed by compensation managers while determining budgets? (Choose two.)
- A. Manually calculate budget amounts or automatically determine budget amounts by using a model.
- B. Determine budget amounts offline by downloading budget details to a spreadsheet.
- C. With administrative budgeting, enable managers to award compensation within their allocated budget amounts by automatically publishing budget amounts.
- D. Publish budgets to line managers to distribute budgets down the reporting hierarchy or to allocate budget amounts at the employee level.
Answer: C,D
NEW QUESTION 78
You are required to explain to your client the use of Hierarchy design in Compensation Process. Which two Compensation-related activities use Hierarchy? (Choose two.)
- A. Feedback survey
- B. Allocating budgets
- C. Plan access
- D. Sending Compensation alerts
- E. Approval routing
Answer: B,E
NEW QUESTION 79
When upper-level managers change the plan access of one or more lower-level managers, they receive a notification informing them about the change in access. Which option do they receive to act on the notification? (Choose the best answer.)
- A. Accept
- B. Dismiss
- C. Reject
- D. Reply
Answer: D
NEW QUESTION 80
While configuring the Budget page, you enable the "Compensation Performance Rating" column from which section? (Choose the best answer.)
- A. Actions
- B. Summary
- C. Information
- D. Detail table
- E. Worker List
Answer: D
NEW QUESTION 81
Your customer has employees located in four countries (Unites States, Japan, India, and Germany) and each country has a specific salary range. How would you configure the salary bases? (Choose the best answer.)
- A. Create four salary bases and four grade rates, and attach the grade rates to the salary bases.
- B. Create one salary basis and one grade rate, and define different ranges for the salary basis at the employee level.
- C. Create one salary basis and four different grade rates, and attach the grade rate to the salary basis at the employee level.
- D. Create four salary bases and one grade rate, and define different ranges for the same grade rate while attaching the grade rate to the salary bases.
Answer: A
NEW QUESTION 82
You have created a compensation plan and configured the plan details. However, when you try to run the
"Start Compensation Cycle" process, you are not able to see the plan you created in the list that appears.
Which three options could be possible reasons for this? (Choose three.)
- A. Your user role does not have access to view the plan.
- B. Restrict Plan access is set to "Yes" and the compensation administrator role is added to the list of roles in "Plan access from Compensation work area."
- C. The compensation administrator or equivalent role is not attached to your plan.
- D. Access to the compensation administrator role is restricted in Plan Access.
- E. Restrict Plan access is set to "NO"; however, the roles that are allowed are not specified.
Answer: A,B,D
Explanation:
Explanation
Your user role does not have access to view the plan. Check the Configure Plan Access task for the plan and verify the access for the compensation administrator role is not restricted. Also, verify that your user has the compensation administrator role or the proper security to run compensation batch processes.
NEW QUESTION 83
A corporation has implemented Oracle Fusion Workforce Compensation. Oracle Fusion Supplemental Earning Elements must now be created to capture ad hoc payments for eligible workforce.
Which two statements are true about element eligibility criteria for such elements? (Choose two.)
- A. You can define multiple eligibility criteria for each element, but there must not be any overlap between them.
- B. You cannot define multiple eligibility criteria for each element in any case.
- C. Some element eligibility criteria may not be available, depending on the level at which the element is attached.
- D. You can define multiple eligibility criteria for each element, but there must be an overlap between them.
Answer: A,B
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, you can enter different default values, qualifying conditions, and costing information for each eligibility group.
NEW QUESTION 84
The compensation manager wants to run the batch process to start the compensation 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 reverses a completed Start Workforce Compensation Cycle process or removes posted salary, payroll, and HR changes.
- C. It removes unneeded transaction data from prior plan cycles.
- D. It backs out unrestricted events for participants.
Answer: B
NEW QUESTION 85
Which three statements are true regarding plan cycles? (Choose three.)
- A. You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.
- B. All active plans are available to be cross-referenced, even plans with no started cycles.
- C. Active plans are available to be cross-referenced, except plans with no started cycles.
- D. You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.
- E. You can display a target amount or custom score from a previous plan cycle in the current plan cycle.
Answer: B,D,E
Explanation:
Explanation
All active plans are available to be cross referenced, even plans with no started cycles. You can also reference a plan within itself to display values from a previous plan cycle in a subsequent cycle. For example, you can display a target amount or custom score from a previous plan cycle in the current plan cycle so that managers are aware of that data when making a current compensation decision.
You cannot select a default value for a column by cross-referencing a column from another plan if you have selected values for the Default Value, Default and Override Formula, or Compensation Derived Factor fields on the Configure Column Properties dialog box.
NEW QUESTION 86
What is the maximum number and kind of items that you can add when defining a custom category? (Choose the best answer.)
- A. three items
- B. five custom columns
- C. three custom columns
- D. three subcategories
Answer: B
NEW QUESTION 87
Your client's compensation plan for employees includes a component that is based on years of service in the organization. If a person completes 10 years in the company, he or she will be eligible for a seniority component and the associated fixed salary amount. What type of eligibility profile you would need to create in order to track work experience of people? (Choose the best answer.)
- A. User-defined-criteria-based eligibility profile using hire date
- B. Employment-based-eligibility-criteria using length of service
- C. Employment-based eligibility criteria suing hire date
- D. Derived -factor-based eligibility criteria using length of service
Answer: B
NEW QUESTION 88
What additional action would you recommend to your customer for worker-administered plans to control plan availability in addition to HR actions? (Choose the best answer.)
- A. Manage Individual Contribution
- B. Manage Worker Contributions
- C. Manage Variable Allocations
- D. Allocate Workforce Compensation
- E. Manage Contributions
Answer: D
NEW QUESTION 89
A corporation has implemented Oracle Fusion Workforce Compensation. The requirement is that Bonus Amount should be given only to the Full-Time Assignment category employees who work on weekly payroll.
Additionally, the costing information must be transferred to General Ledger.
Which implementation approach is correct for creating the required element? (Choose the best answer.)
- A. creating an auto-indirect rule and setting up costing information at the auto-indirect level
- B. creating status processing rules and setting up costing information at the status processing level
- C. creating an element eligibility link and setting up costing information at the link level
- D. creating an input value and setting up costing information at the input value level
Answer: C
NEW QUESTION 90
While administering compensation for the workforce, a manger accidentally approves a lower manager's worksheet.
Which three statements will be true in this case? (Choose three.)
- A. The lower-level manager can withdraw the submission and reprocess the compensation allocation.
- B. The worksheet goes to next level for approval.
- C. The lower-level manager's access level is changed to "Approved."
- D. Lower-level managers can no longer make any updates to their worksheets.
- E. The lower-level manager can still make changes in the worksheet and resubmit it for approval.
Answer: A,B,C
NEW QUESTION 91
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