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NEW QUESTION 24
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. Approval routing
- B. Plan access
- C. Sending Compensation alerts
- D. Feedback survey
- E. Allocating budgets
Answer: A,E
NEW QUESTION 25
A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up Calculation Factors for the deduction elements setup.
Which two statements are correct regarding the Calculation Factors? (Choose two.)
- A. The Manage Deduction Ranges task in the Payroll Calculation work area is used to view the calculation factors defined.
- B. Calculation Factors define which classifications of earnings to consider when calculating the basis for the deduction element.
- C. Calculation Factors indicate which deduction range to use when calculating the deduction amount.
- D. The Manage Deduction Group Rates task in the Payroll Calculation work area is used to view the calculation factors defined.
Answer: A,C
NEW QUESTION 26
You are configuring approvals under the Worksheets task list for an annual workforce compensation plan.
Your customer wants the worksheets to be approved by different people other than the hierarchy determined for the plan.
How should you accomplish this? (Choose the best answer.)
- A. Have the customer change the business process because you cannot have different approval hierarchies for the plan and the worksheet.
- B. Create an alternate manager approval hierarchy and replace the plan hierarchy with the created alternate hierarchy.
- C. Create an alternate position approval hierarchy that overrides the plan hierarchy.
- D. Create an alternate manager approval hierarchy that overrides the plan hierarchy.
Answer: C
NEW QUESTION 27
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 Entry. Associate the three elements with the Compensation Item.
- B. Create three Compensation Items: Joining Bonus, Ad-hoc bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective elements with the respective Items.
- C. Create three Compensation Categories: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective Elements with the respective Categories.
- D. Create one Compensation Category as Bonus and specify the source type as Element Entry. Associate the three elements with the Compensation Category.
Answer: B
NEW QUESTION 28
Which two tasks are true about components in worksheet configurations? (Choose two.)
- A. You can create up to five components to represent the different types of compensation that you want to award within a plan.
- B. Each component has to be of a separate type, such as salary or bonus.
- 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: A,D
NEW QUESTION 29
As an implementation consultant, you are required to create an element that is applicable only to a set of employees who are in the Production department and who are on weekly payrolls.
What is the correct configuration to meet this requirement? (Choose the best answer.)
- A. Create Element Eligibility with the Grade and Position parameters.
- B. Create Element Eligibility with the Legal Employer and Payroll Statutory Unit parameters.
- C. Create an element without defining Element Eligibility.
- D. Create Element Eligibility with the department and specific payroll parameters.
Answer: B
NEW QUESTION 30
A corporation needs to set up a compensation plan for a Housing allowance that will allow the company to grant these allowances to only employees above a particular role.
Identify the option that indicates the correct way of implementing it. (Choose the best answer.)
- A. Set up access restrictions to the individual compensation plan using the correct HR action so that it can be added only to the specific roles.
- B. They payroll administrator must add the element to the employees in the specified roles, because this cannot be achieved through configuration.
- C. Set up role-based security to the individual compensation work area so that only managers are allowed.
- D. Set up a salary basis and restrict the eligibility to the required roles.
Answer: B
NEW QUESTION 31
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. Track Ineligible Workers is selected in the compensation plan.
- B. Hide Ineligible Workers is selected in the compensation plan.
- C. Show Ineligible Workers is selected in the compensation plan.
- D. Process Ineligible Workers is selected in the compensation plan.
Answer: D
NEW QUESTION 32
Identify the delivered workflow task for variable allocation approvals that has no rules. (Choose the best answer.)
- A. VariableAllocationFYITask
- B. VariableApprovalTask
- C. VariableContributionTask
- D. VariableApprovalFYITask
- E. VariableAllocationTask
Answer: D
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 33
You create a compensation plan and attach a Compensation Performance rating model to it. While the manager is allocating compensation, he specifies a rating for each of the employees under him. Where will the rating specified by the manager be available? (Choose the best answer.)
- A. To the current compensation plan and HR system
- B. Only within the current compensation plan and the current cycle
- C. Only within the current compensation plan and all cycles associated with it
- D. To the current compensation plan and the Performance Management system
Answer: C
NEW QUESTION 34
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, but discontinue during the period defined.
- C. The contribution will be automatically added to all the employees in the payroll and HR can discontinue allocations on a request basis.
- 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: B
NEW QUESTION 35
Which two tasks are performed by compensation managers while determining budgets? (Choose two.)
- A. With administrative budgeting, enable managers to award compensation within their allocated budget amounts by automatically publishing budget amounts.
- B. Manually calculate budget amounts or automatically determine budget amounts by using a model.
- C. Determine budget amounts offline by downloading budget details to a spreadsheet.
- D. Publish budgets to line managers to distribute budgets down the reporting hierarchy or to allocate budget amounts at the employee level.
Answer: A,D
NEW QUESTION 36
An administrator of a corporation needs to view a worker's salary basis, change it, view the salary history, and do a graphical analysis of changes made to the salary. However, the administrator is not able to do these things.
Identify the three correct roles that will give the administrator access to complete the process. (Choose three.)
- A. HR Specialist
- B. Expenses Manager
- C. Compensation Manager
- D. Line Manager
Answer: A,C,D
NEW QUESTION 37
How would you control the task of determining if a person is eligible for a compensation plan? (Choose the best answer.)
- A. either with eligibility profiles or through element eligibility
- B. a mix of element eligibility and eligibility profiles
- C. through element eligibility only, never with eligibility profiles
- D. with the eligibility profiles, never through element eligibility
Answer: B
NEW QUESTION 38
As an implementation consultant, you have created compensation items for the total compensation statement but have not attached them to compensation categories.
In this situation, which statement is correct? (Choose the best answer.)
- A. You can add items to statement definitions directly.
- B. To include items in statements you must add items to a compensation category.
- C. You cannot add items to statement definitions directly, and you cannot add items to a compensation category.
- D. You can add items to statement definitions directly, and to include items in statements you must add items to a compensation category.
Answer: B
NEW QUESTION 39
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