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NEW QUESTION # 70
A worker complains to the Human Resources department that the total amount does not add up to the amount of salary received in the bank. The department informs the worker that certain items that are shown in the Compensation Statement do not comprise the actual amount paid. The department now wants to make the statement more relevant to workers to avoid such situations.
What should you do to accommodate this requirement? (Choose the best answer.)
- A. For each item, specify the Estimated amount option to indicate that this compensation is not the actual amount paid.
- B. For each item, specify the Excluded from Gross amount option to indicate that this compensation is not the actual amount paid.
- C. For each item, specify the Unpaid amount option to indicate that tis compensation is not the actual amount paid.
- D. For each item, specify the Indicative amount option to indicate that this compensation is not the actual amount paid.
Answer: A
NEW QUESTION # 71
Identify the four correct options about the summary tables in the compensation history. (Choose four.)
- A. The Stock summary table gives detailed information about grant date and price, granted, vested, and unvested shares, and the estimated value of unvested shares.
- B. The summary table of payroll elements gives detailed information about element, input value, actual value and the grand total for the year.
- C. The Salary summary table gives detailed information about salary history, percentage change, compa-ratio, and growth rate.
- D. The summary table of other compensation gives detailed information about effective date, amount, currency, and grand total information about all awards.
- E. The summary table of recruiting payments gives detailed information about effective date, amount, currency, and grand total information for an individual award or compensation amounts.
Answer: A,B,C,E
NEW QUESTION # 72
While implementing, you are grouping compensation items and categories for displaying them together. Therefore, when planning how to group compensation items and categories, you must consider which three options? (Choose three.)
- A. Category Detail
- B. Level of detail
- C. Contribution Type and Unit of Measure
- D. Compensation Items
- E. Category Type
- F. Statement definitions
Answer: B,C,E
Explanation:
Group related compensation together into compensation categories for display in total compensation statements. When planning how to group compensation items and categories for display, you must consider the following factors:
Category type
Contribution type and unit of measure
Level of detail
Reference: https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387366AN19E05.htm
NEW QUESTION # 73
A corporation has implemented Oracle Fusion Workforce Compensation. A Salary basis has been created to manage employees' salaries. It has a payroll element attached. As part of the Salary changes, when the compensation manager is trying to update the Salary amounts, the same is not reflecting in the payroll elements entries of the employee.
Identify the two possible causes for the issue. (Choose two.)
- A. Salary basis is configured to be non-updatable.
- B. Automatic entry is checked for the payroll element used.
- C. Automatic entry is checked at the element eligibility link for the payroll element used.
- D. No components are defined to handle these salary adjustments.
Answer: A,B
NEW QUESTION # 74
Your client wants you to create a single Compensation Change statement that includes compensation awarded for multiple plans. What would you, as an implementation consultant, advise your client? (Choose the best answer.)
- A. Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.
- B. Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.
- C. This is possible only in the on-premises model using customization and is not possible in an Saas instance. Therefore, you would respond accordingly to the client.
- D. Create a custom data model that can pull compensation awarded from different plans and display the data using a BI publisher layout.
Answer: B
NEW QUESTION # 75
Which three tasks are part of Plan Foundation Configuration Options? (Choose three.)
- A. Plan Currency
- B. Components
- C. Feedback Survey
- D. Alerts
- E. Plan Access
Answer: A,B,E
NEW QUESTION # 76
Your customer's compensation manager needs to know, what are the four valid statuses of the compensation worksheet? (Choose four.)
- A. Fully Approved
- B. Submitted
- C. Closed
- D. Started
- E. Processed
- F. Budget Available
- G. Partially approved
- H. Unprocessed
Answer: A,B,E,F
NEW QUESTION # 77
Which four options are valid refresh options for the Refresh Data process? (Choose four.)
- A. Refresh Plan Access
- B. Refresh HR Data
- C. Refresh Base and Eligible Salary
- D. Reevaluate Eligibility
- E. Refresh summary totals
- F. Refresh Manager Hierarchy
- G. Refresh Plan Currency
Answer: B,D,E,F
NEW QUESTION # 78
A corporation is implementing Oracle Fusion Workforce Compensation. Different currencies are set at the Legislative Data Group level, the Organization payment level, the Bank account level, and the payroll element level.
The currency shown while configuring salary basis comes from which level? (Choose the best answer.)
- A. From the Legislative Data Group level, because that is the highest level in the hierarchy.
- B. From the Organization payment level, because the compensation is finally paid through this
- C. From the input value of the payroll element
- D. From the Bank account level
Answer: A
NEW QUESTION # 79
You are responsible for configuring an individual compensation plan with multiple options. Which two statements are true about the plan options? (Choose two.)
- A. You can associate each option with only one payroll element and input value.
- B. You can associate each payroll element with only one plan and option.
- C. You can associate each payroll element with one option but with multiple plans.
- D. You can associate each payroll element with multiple plans and options.
- E. You can associate each option with the same payroll element and input value.
Answer: A,D
NEW QUESTION # 80
Your customer must use Grade Ladders to suit the industry in which it operates. How should you define the Grade Ladders that the customer needs? (Choose the best answer.)
- A. by associating the Grade Ladders with legal entities
- B. by using Min, Max, and Mid Point rate values
- C. by using LDG-specific Grade Min, Max, and Mid Point rate values
- D. by using steps and rate values
Answer: B
NEW QUESTION # 81
Which two tasks are performed by compensation managers while determining budgets? (Choose two.)
- A. Determine budget amounts offline by downloading budget details to a spreadsheet.
- B. Manually calculate budget amounts or automatically determine budget amounts by using a model.
- 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 # 82
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. Employment-based eligibility criteria suing hire date
- B. Employment-based-eligibility-criteria using length of service
- C. Derived -factor-based eligibility criteria using length of service
- D. User-defined-criteria-based eligibility profile using hire date
Answer: B
NEW QUESTION # 83
Your customer wants line managers to be able to access the active workforce compensation plan during the first three months of the Plan period, but not to update it. The evaluation period start and end dates for the plan are January 1 to December 31 of the year.
How should you set this up? (Choose the best answer.)
- A. Configure Plan access start and end dates from January 1 to March 31 of the year and Worksheet update period start and end dates from April 1 to December 31 of the year.
- B. Configure Worksheet update period start and end dates from January 1 to March 31 of the year and Plan access start and end dates from April 1 to December 31 of the year.
- C. Configure Plan access start and end dates from January 1 to December 31 of the year.
- D. Configure Worksheet update period start and end dates from January 1 to December 31 of the year.
Answer: A
NEW QUESTION # 84
Performance Ratings are enabled in a compensation plan and a Rating Model is supposed to be created. Which two mandatory tasks are involved in creating the Rating Model? (Choose two.)
- A. Populate Rating Categories for all rating levels.
- B. Create a Rating Level for the rating model.
- C. Review points with from and to points entered for the rating level.
- D. Create Target Distributions for each of the rating levels.
Answer: A,D
NEW QUESTION # 85
A corporation has implemented Oracle Fusion Workforce Compensation for a manufacturing client. Which is the building block used in the calculation of deductions and exemptions? (Choose the best answer.)
- A. Deduction ranges
- B. Deduction overrides
- C. Deduction range Values
- D. Deduction range group
Answer: A
NEW QUESTION # 86
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. The contribution will be automatically added to all the employees in the payroll and HR can discontinue allocations on a request basis.
- B. 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.
- C. All Employees will be able to start the contribution anytime, update never, but discontinue during the period defined.
- D. The plan setup is always for HR to take 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: C
NEW QUESTION # 87
Which five tasks can be performed by a compensation manager? (Choose five.)
- A. Promote and rate worker performance while allocating compensation.
- B. Generate company-configured compensation change statements to notify workers of a compensation award, job change, or performance rating assignment.
- C. Review and approve work of Superior Manager.
- D. Analyze proposed changes for equity among peer groups and by manager, alignment with the market, and pay for performance strategies.
- E. Allocate compensation.
- F. Determine compensation amounts offline by downloading details to a spreadsheet.
Answer: A,B,D,E,F
NEW QUESTION # 88
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