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NEW QUESTION 1
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, Nonmonetary, Timestamp, Text
  • C. Monetary, Timestamp, Boolean
  • D. Monetary, Nonmonetary, Date, Boolean

Answer: B

NEW QUESTION 2
A corporation implemented Fusion Compensation and wants to validate the salaries with the setup. Select the two options that are true about validation setup. (Choose two.)

  • A. Using grade rate validation, a warning message can be generated when the new or adjusted salary is outside the range of salary configured in the grade rate attached to the salary basis.
  • B. Using grade rate validation, approval can be prevented when the new or adjusted salary is outside the range of salary configured in the grade rate attached to salary basis.
  • C. Using either a formula at the element level or criteria at the element link level, a warning message can be generated when a new or adjusted salary does not pass the configured validation.
  • D. Using either a formula at the element level or criteria at the element link level, approval can be prevented when the new or adjusted salary does not pass the configured validation.

Answer: AD

NEW QUESTION 3
A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up the following for all employees:
1Z0-1049 dumps exhibit Salary paid based on the grades of employees.
1Z0-1049 dumps exhibit Car allowance paid based on the department and position.
1Z0-1049 dumps exhibit Spot bonus paid based on a committee’s decision.
Identify the correct option for the setup. (Choose the best answer.)

  • A. Set up a salary basis for “Salary” and associate a grade rate matrix and the payroll element to i
  • B. Set up individual compensation plans for the car allowance and spot bonus, and restrict the access to line manager and HR specialist respectivel
  • C. Additionally, add an eligibility profile to the car allowance to restrict it to specific departments and positions.
  • D. Set up a salary basis for “Salary” and associate a grade rate matrix to it, and add a car allowance and spot bonus as components for the salary basis along with Salar
  • E. Attach the required payroll elements to the salar
  • F. Have salary validations to restrict access and payment for specific departments and positions.
  • G. Set up on individual compensation plan with all three option
  • H. Add the required payroll elements and add restriction based on eligibility profiles and plan access.
  • I. Set up Salary and the spot bonus as two salary bases, because there are no eligibility restriction
  • J. Set up the car allowance as an individual compensation pla
  • K. Add the required payroll elements and add eligibility profiles for the car allowance for specific departments and positions.

Answer: D

NEW QUESTION 4
Your customer’s company spans multiple countries. It follows a global salary increase process in the month of May and awards bonuses twice a year in the month of June and December for workers who are employed in various countries. As an implementation consultant, you must define Statement Periods for the Compensation Statement. Which three options will you consider? (Choose three.)

  • A. an optional welcome message
  • B. the conversion rate date for currency conversions
  • C. the date that statements become available to workers
  • D. the date when bonus is awarded to workers
  • E. the date when merit increases are awarded to workers

Answer: ACD

NEW QUESTION 5
Which alert is advised to be disabled when you are using HCM co-existence between Oracle PeopleSoft HCM and Oracle Fusion Compensation? (Choose the best answer.)

  • A. Allocation exceeding target
  • B. Employee termination
  • C. Leave of Absence
  • D. Any custom alert

Answer: C

NEW QUESTION 6
A corporation has set up an individual compensation plan for a contribution towards a retirement benefit. This contribution 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. Supervisory
  • C. Position
  • D. Job Level
  • E. Resource
  • F. Department Level

Answer: BDEF

NEW QUESTION 7
How would you control the task of determining if a person is eligible for a compensation plan? (Choose the best answer.)

  • A. a mix of element eligibility and eligibility profiles
  • B. through element eligibility only, never with eligibility profiles
  • C. with the eligibility profiles, never through element eligibility
  • D. either with eligibility profiles or through element eligibility

Answer: A

NEW QUESTION 8
The compensation administrator has configured an Annual Salary Review plan that is linked to the performance of employees so that the annual increment amount is based on the rating that an employee has received in the performance evaluation. The percentages are fixed for each of the ratings by using the dynamic column. All the managers have completed updating the worksheet and the information has been transferred to HR by running the Transfer Workforce Compensation Data to HR process.
After this, the compensation administrator realizes that the increment percentages for each of the ratings used in the dynamic column were incorrect. Now each of these incorrect salary records should be deleted and new correct salary record entries should be made for the employees in Manage Salary.
How should you accomplish this? (Choose the best answer.)

  • A. Change the plan status to Inactivate and create a new compensation plan with correct percentage increase for each of the ratings.
  • B. Correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Data process, and return the same compensation plan.
  • C. Run the Back Out Workforce Compensation Data process, run the Refresh Workforce Compensation Data process, return the same compensation plan, and then transfer the data to HR.
  • D. Run the Back Out Workforce Compensation Data process, correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Data process, and rerun the same compensation plan.
  • E. Run the Back Out Workforce Compensation Data process, correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Data process, and rerun the same compensation pla
  • F. Finally transfer the data to HR.

Answer: A

NEW QUESTION 9
Your customer awards three types of bonuses to its workers: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. All three bonuses are awarded by using element entries.
How would you configure the Compensation Statement? (Choose the best answer.)

  • A. Create one Compensation Item as Bonus and specify the source type as Element Entr
  • B. Associate the three elements with the Compensation Item.
  • C. Create three Compensation Items: Joining Bonus, Ad-hoc bonus, and Annual Bonu
  • D. Specify the source type as Element Entry and associate the respective elements with the respective Items.
  • E. Create one Compensation Category as Bonus and specify the source type as Element Entr
  • F. Associate the three elements with the Compensation Category.
  • G. Create three Compensation Categories: Joining Bonus, Ad-hoc Bonus, and Annual Bonu
  • H. Specify the source type as Element Entry and associate the respective Elements with the respective Categories.

Answer: B

NEW QUESTION 10
As an implementation consultant, you have defined a total compensation statement. You have defined three compensation items (a new hire bonus, a profit sharing bonus, and a quarterly bonus), which are attached to the bonus category. You no longer need the quarterly bonus item but you are unable to delete it.
Which statement is true for the given scenario? (Choose the best answer.)

  • A. The item cannot be deleted, because it is attached to a category.
  • B. The above scenario does not stand true as the item can be deleted.
  • C. More than one administrator might be using the item and, therefore, it cannot be deleted.
  • D. Before deleting the item, you must configure a zero value behavior for the item.

Answer: C

NEW QUESTION 11
Identify the list builder that is used in the delivered variable allocation task that appears to all allocations. (Choose the best answer.)

  • A. Position Hierarchy
  • B. Dynamic Approval Group
  • C. Static Approval Group
  • D. Supervisory Hierarchy
  • E. Auto Approval

Answer: A

NEW QUESTION 12
Performance ratings are enabled in the compensation plan. Which three statements are correct regarding performance ratings? (Choose three.)

  • A. If you use performance ratings while allocating compensation, you can display the latest ratings to the managers during the compensation cycle.
  • B. You can allow managers to enter performance ratings during the compensation cycle to be used only in the compensation plan.
  • C. You cannot make completed performance document and corresponding ratings from Oracle Fusion Performance Management available to managers in the compensation worksheet.
  • D. You can allow managers to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.

Answer: ABD

NEW QUESTION 13
A corporation has implemented Oracle Fusion Workforce Compensation. Per business requirements, the Fusion consultant must integrate Oracle Fusion Workforce Compensation with Oracle Fusion Benefits to fetch the value of Benefits Amount as one of the input values for the Benefit element to get the eligible salary of an employee for the compensation process.
Identify the option that will enable fetching of the Benefits Amount value. (Choose the best answer.)

  • A. Select the “Allow User Entry” and “Create a Database Item” check boxes for the element input value.
  • B. Database items are created by default for the element input values.
  • C. Select “Pay Separately” as the “Special Purpose” option.
  • D. Create an “Amount” input value at the element eligibility link level.

Answer: A

NEW QUESTION 14
An organization provides compensation such as salary and bonus earnings for its workers. It also tracks commissions and company-paid taxes for them.
Which two statements are true when configuring the items? (Choose two.)

  • A. Benefit Balance will require you to specify the Legislative Data Group as the Additional Data Entry.
  • B. Element Entry will require you to specify the Legislative Data Group as the Additional Data Entry.
  • C. Formula will require you to specify the Legislative Data Group as the Additional Data Entry.
  • D. Payroll Balance will require you to specify the Legislative Data Group as the Additional Data Entry.

Answer: CD

NEW QUESTION 15
Which three tasks are part of Plan Foundation Configuration Options? (Choose three.)

  • A. Components
  • B. Plan Currency
  • C. Plan Access
  • D. Alerts
  • E. Feedback Survey

Answer: ABC

NEW QUESTION 16
The Compensation and Benefits policy defined for your organization limits contingent workers from getting an increment as part of the Annual Salary Review. As a result, the contingent workers are excluded in the eligibility profile and ineligible workers are not tracked as part of the Annual Salary Review Compensation Plan.
A recent change to this policy enforced a minimum increment for the entire contingent worker population. Consequently, the compensation administrator ran the Refresh Data process to update the worksheets and include the contingent workforce but none of the contingent workers are included. What should the compensation administrator do to bring the contingent workers into the manager’s compensation worksheet? (Choose the best answer.)

  • A. Rerun the Refresh Workforce Compensation Data process by selecting Refresh Option – Reevaluate Eligibility.
  • B. Update the eligibility profile to include the contingent workers and rerun the Refresh Workforce Compensation Data process by selecting Refresh Option - Reevaluate Eligibility.
  • C. Update the eligibility profile to include the contingent workers and run the Start Workforce Compensation Cycle process.
  • D. Run the Start Workforce Compensation Cycle process.

Answer: B

NEW QUESTION 17
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 range group
  • C. Deduction range Values
  • D. Deduction overrides

Answer: A

NEW QUESTION 18
As a compensation manager, in which four cases would you find an employee newly added to your worksheet? (Choose four.)

  • A. An employee transfers into your organization.
  • B. An employee’s data has been corrected by HR and it now satisfies the eligibility criteria.
  • C. An employee leaves an organization.
  • D. A contingent employee becomes a regular employee.
  • E. A loaned employee in your organization returns after assignment completion.
  • F. An intern in your organization gets his place confirmed as an employee.

Answer: ABDE

NEW QUESTION 19
You want to use the Workforce Compensation Budget pool for a workforce compensation plan. Select the tasks to be performed, in the correct sequence. (Choose the best answer.)

  • A. Configure the workforce compensation budget pool, Configure the workforce compensation plan details, Run the Start Compensation Cycle process, Create the workforce compensation plan, Create at least one worksheet compensation component and associate the budget pool with it.
  • B. Create the workforce compensation plan, Configure the workforce compensation budget pool, Configure the workforce compensation plan details, Create at least one worksheet compensation component and associate the budget pool with it, Run the Start Compensation Cycle process
  • C. Create the workforce compensation plan, Configure the workforce compensation plan details, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Run the Start Compensation Cycle process.
  • D. Create the workforce compensation plan, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Configure the workforce compensation plan details, Run the Start Compensation Cycle process.
  • E. Run the Start Compensation Cycle process, Create the workforce compensation plan, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Configure the workforce compensation plan details.

Answer: C

NEW QUESTION 20
The compensation administrator wants to run the batch process to administer the compensation cycle. Which are the four valid batch processes in terms of the compensation module? (Choose four.)

  • A. Start Workforce Compensation Cycle
  • B. Refresh Workforce Compensation Data
  • C. Transfer Workforce Compensation Data to HR
  • D. Adjust Workforce Compensation Enrollment Window
  • E. Back Out Workforce Compensation Data
  • F. Evaluate Workforce Compensation Participation

Answer: ABCE

NEW QUESTION 21
A corporation implemented Oracle Fusion Core HR on a three-tier model with Multiple Employment Terms with Multiple Assignments as the employment model. An employee of the corporation has multiple assignments and multiple employment terms on different payroll frequencies.
What kind of salary basis must be associated with the employee? (Choose the best answer.)

  • A. A different salary basis associated with each assignment or employment term.
  • B. One salary basis for all assignments and employment terms
  • C. One salary basis for each assignment and one of them can be used for the employment terms
  • D. One salary basis for each employment terms and one of them can be used for assignment

Answer: D

NEW QUESTION 22
Per your client’s policy on eligibility for a compensation revision cycle, employees who are in a notice period are not eligible. A particular manager is currently in a notice period, but his direct reports are still eligible for the compensation cycle. You observe that the system allows that manager to administer compensation for his direct reports.
You research this and find out that manager is still allowed to carry out the compensation allocation because his Eligibility Status is . (Choose the best answer.)

  • A. Eligible
  • B. Ineligible
  • C. Restricted
  • D. Limited
  • E. Provisional

Answer: C

NEW QUESTION 23
Your client has a requirement where work-at-home assignments are not eligible for an employee compensation revision cycle. To facilitate capturing work-at-home assignment, you have created a custom column and associated a List of Values (LOV) with values “Yes” and “No”. Now you wish to create an eligibility profile around this. Which is the correct option? (Choose the best answer.)

  • A. User-defined-criteria-based eligibility profile on “Work-at-home” and value = “Yes” with exclude option selected
  • B. User-defined-criteria-based eligibility profile on “Work-at-home” and value = “Yes” with exclude option deselected
  • C. User-defined-criteria-based eligibility profile on “Work-at-home” and value = “No” with exclude option selected
  • D. Derived-factor-based eligibility profile based on the “Work-at-home” column

Answer: A

NEW QUESTION 24
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