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NEW QUESTION 25
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 automatically retrieves salary and stock-related information. The Recruiting payments and other categories have to be added manually.
- B. The summary in the compensation history shows the data for only five years.
- C. Compensation history shows one-time payments in other compensation and allowances paid regularly in recruiting payments.
- D. Compensation history displays six categories of compensation.
Answer: A,B,C
NEW QUESTION 26
When upper-level managers change the plan access ofone 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. Reject
- B. Dismiss
- C. Accept
- D. Reply
Answer: D
NEW QUESTION 27
Yourcustomer's Workforce Compensation Plan for Annual Salary Review is set up with the following dates in the Plan Cycle:
* Evaluation Period Start Date: 1-Jan-2014
* Evaluation Period End Date: 31-Dec-2014
* Worksheet Update Period Start Date: 1-Jan-2014
* WorksheetUpdate Period End Date: 31-Dec-2014
* HR Data Extraction: 31-Dec-2014
* Eligibility Determination Date: 31-Dec-2014
There is a worker with a termination date of 30-Oct-2014. When the Transfer Data to HR process is run, it fails for this worker. What should you do to successfully add the lump sum award element entries and salary adjustments? (Choose the best answer.)
- A. The salary adjustment or lumpsum effective date must be later that the worker's payroll last standard process date.
- B. The worker termination date should be changed to reflect the same date as the HR Data Extraction date.
- C. The salary adjustment or lumpsum must be manually calculated and added for such workers.
- D. Terminated workers should be excluded from being processed in Workforce Compensation plans.
- E. The salary adjustment or lumpsum effective date must be earlier than or equal to the worker's termination date.
Answer: E
NEW QUESTION 28
The Budget Pool Storage Method selected is "Amount." Oneof the line managers in the organization has twenty employees reporting to him. One of the employees leaves the organization during the compensation cycle.
What will be the effect on the budget allocated to the Line Manager? (Choose the best answer.)
- A. The published budgets change whena manager's total eligible salary changes, such as when workers eligibility changes.
- B. The published budgets change when a manager's total eligible salary changes, such as when workers are reassigned.
- C. The published amounts stay with the manager when workers are reassigned or their eligibility changes.
- D. The published budgets is always a percentage of the total budget pool.
Answer: C
NEW QUESTION 29
Your customer's compensation manager needs to know, what are the four valid statuses of the compensationworksheet? (Choose four.)
- A. Submitted
- B. Closed
- C. Budget Available
- D. Processed
- E. Unprocessed
- F. Partially approved
- G. Fully Approved
- H. Started
Answer: A,C,D,G
NEW QUESTION 30
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. 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 StartCompensation Cycle process.
- B. 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 plandetails, Run the Start Compensation Cycle process.
- C. 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
- D. 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.
- 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: A
NEW QUESTION 31
A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up the following for all employees:
* Salary paid based on the grades of employees.
* Car allowance paid based on the department and position.
* Spot bonus paid based on a committee's decision.
Identify the correctoption 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 it. Set up individual compensation plans for the car allowance and spot bonus, and restrict the access to line manager and HR specialist respectively. Additionally, add an eligibility profile to the car allowance to restrict it to specific departments and positions.
- B. Set up on individual compensation plan with all three options. Add the required payroll elements and add restriction based on eligibility profiles and plan access.
- C. Set up a salary basis for "Salary" and associate a grade rate matrix to it, and add a carallowance and spot bonus as components for the salary basis along with Salary. Attach the required payroll elements to the salary. Have salary validations to restrict access and payment for specific departments and positions.
- D. Set up Salary and the spot bonus as two salary bases, because there are no eligibility restrictions. Set up the carallowance as an individual compensation plan. Add the required payroll elements and add eligibility profiles for the car allowance for specific departments and positions.
Answer: D
NEW QUESTION 32
A compensation manager of a corporation is setting up a new salary basis for the employees.
Which statement is true about payroll elements set up for a salary basis? (Choose the best answer.)
- A. Recruiting elements can be linked to multiple salary bases only if they are classified as earnings elements, and they need not be configured to allow multiple entries in the same period.
- B. Payroll elements of any classification type can be attached to a salary basis.
- C. Recruiting elements can be linked to multiple salary bases only if they are classified as earnings elements and configured to allow multiple entries in the same period.
- D. Multiple payroll elements can be attached a salary basis.
Answer: C
NEW QUESTION 33
While administering compensation, the managers in the organization want to first allocate compensation to the outstanding performers with compa-ratio less than 80 and, therefore, want to view only this population. How would you, as a consultant, help the managers toachieve this? (Choose the best answer.)
- A. Control the population by using eligibility profiles.
- B. This cannot bedone once the population is finalized and the compensation cycle is started.
- C. Use the Advanced Filter option in the worksheet to create a custom condition.
- D. Use the sort feature in the worksheet to control this.
Answer: C
NEW QUESTION 34
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. Manager ID can be used as Context when implementing the source type for such Items.
- B. Legislative Data Group ID can be used as Context when implementing the source type for such Items.
- C. Person ID can be used as Context when implementingthe source type for such Items.
- D. Currency can be used as Context when implementing the source type for such Items.
- E. Effective Date can be used as Context when implementing the source type forsuch Items.
Answer: B,D,E
NEW QUESTION 35
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 toupdate 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. No components are defined to handle these salary adjustments.
- C. Automatic entry is checkedat the element eligibility link for the payroll element used.
- D. Automatic entry is checked for the payroll element used.
Answer: A,D
NEW QUESTION 36
Identify the four correct options about the summary tables in the compensation history. (Choose four.)
- A. The summary table of other compensation gives detailed information about effective date, amount, currency, and grand total information about all awards.
- B. 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.
- C. The summary table of payroll elements gives detailed information about element, input value, actual value and the grand total for the year.
- D. The Stock summary table gives detailed information about grant date and price, granted, vested, and unvested shares, and the estimated value of unvested shares.
- E. The Salary summary table gives detailed information about salary history, percentagechange, compa-ratio, and growth rate.
Answer: B,C,D,E
NEW QUESTION 37
As an implementation consultant, you are required to create an element for capturing the bonus awarded in the compensation cycle. Which two statements are correct regarding the input values ofthe element created?
(Choose two.)
- A. The automatically created Amount input value is identified as the primary input value.
- B. It is possible to link the same element but different input values to different components oroptions within the same compensation plan.
- C. No additional configuration is required to attach this element to the workforce compensation plan component.
- D. You must manually mark the Amount input value as the primary input value in the Special Purpose field.
- E. Element entries are created for all the input values of the element.
Answer: A,C
NEW QUESTION 38
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 = "No" with exclude option selected
- C. Derived-factor-based eligibility profile based on the "Work-at-home" column
- D. User-defined-criteria-based eligibility profile on "Work-at-home" and value = "Yes" with exclude option deselected
Answer: A
NEW QUESTION 39
You have configured acompensation plan to include ratings from the performance management system. For one particular division, the performance ratings have not been finalized and are shown as blank on the compensation worksheet. The manager updates the performance rating whileallocating compensation. What happens in this case? (Choose the best answer.)
- A. The rating will be available to all plans that are currently active.
- B. The rating will be available to only the plans where the same manager is involved.
- C. The rating will be available inthe Performance document in the performance system.
- D. The rating will be available to only the plan where it is updated.
Answer: C
NEW QUESTION 40
Which item is false regarding plan access? (Choose the best answer.)
- A. Compensation administrators have access to all plan configuration tasks for all plans.
- B. Compensation managers have access to the budget sheet and worksheets for all plans and employee administration tasks.
- C. A compensation administrator's general access can be overridden using roles.
- D. A compensation administrator's general access cannot be overridden.
Answer: D
NEW QUESTION 41
Your customer provides compensation such as salary, bonus earnings (paid twice a year), commissions, stock options, and company-paid taxes to its workers. The customer wants you to implement Compensation Statements with graphs. Which three values of the graph column will you exclude? (Choose three.)
- A. Non Monetary Values
- B. Monetary Values
- C. Dates
- D. morethan one nonmonetary unit of measure
- E. Text
Answer: A,C,E
NEW QUESTION 42
As a compensation executive, you are required to upload stock data sent by a vendor of a corporation into the Fusion application.
Which option is the correct method to do so? (Choose the best answer.)
- A. Manage Stock Grants >> Import Items
- B. Manage Stock Grants >> Import Source
- C. Manage Stock Grants >> Import Category
- D. Manage Stock Grants >> Prepare Import Spreadsheet
Answer: D
NEW QUESTION 43
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