15 October, 2020

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Total 178 questions Full Exam Access

Question 1

What classification can you use if employees submit timecards and you want absences taken by these employees to show on the statement of earnings? (Choose the best answer.)

Either Absence or Information Classification

Absence Classification

Standard Earnings Classification

Information Classification

Either Standard Earnings or Absence Classification

Any classification will result in the absences showing

Question 2

A corporation is implementing Oracle Fusion Workforce Compensation and has set up an individual compensation plan for a contribution. This contribution has to be approved by the four members in parallel.
Identify the correct option regarding parallel approvals. (Choose the best answer.)

Parallel approvals are not fully supported, but notifications can be sent to all members in parallel using the list builder resource option and configuring Application Rol

However, the first person who claims the notification can approve it, and this ends the process and the other members lose control over the approval of the notification.

Parallel approvals are supported by configuring the Application role option in the Resource list builder.Only after all the approvers approve will the process end.

Parallel approvals are supported and can be configured using Static approval group

Only after all the approvers approve will the process end.

A parallel approval option is not available and any approval configured is always sequential.

Question 3

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.)

Rerun the Refresh Workforce Compensation Data process by selecting Refresh Option – Reevaluate Eligibility.

Update the eligibility profile to include the contingent workers and rerun the Refresh Workforce Compensation Data process by selecting Refresh Option - Reevaluate Eligibility.

Update the eligibility profile to include the contingent workers and run the Start Workforce Compensation Cycle process.

Run the Start Workforce Compensation Cycle process.

Question 4

As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items? (Choose two.)

Compensation items are the foundation upon which the Compensation Statement is built.

Compensation items cannot be used across statement definitions.

Compensation items need not be mapped to the specific source from which the compensation information is retrieved.

Compensation items can be added to statement definitions directly.

Compensation items are added to a compensation category to include them in statements.

Question 5

Which statement is true regarding elements? (Choose the best answer.)

Elements have possibly multiple primary classifications, one secondary classification, and one subclassification.

Elements have one primary classification, one secondary classification, and one subclassification.

Elements have possibly multiple primary classifications, possible multiple secondary classifications, and possibly multiple subclassifications.

Elements have one primary classification, possibly multiple secondary classifications, and possibly multiple subclassifications.

Elements have one primary classification, one secondary classification, and possibly multiple subclassifications.

Question 6

Which four statements are true if you enable Performance Ratings and integrate with Oracle Fusion Performance Management? (Choose four.)

You can display overall and calculated performance ratings given in the Performance Management system and provide access to the full performance document from within the worksheet.

You select the performance template or document name and the period to make available, and whether to display only completed ratings or ratings in any status.

You have the option to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.

You need to refresh the HR data for ratings updated in Performance Management so they are updated in the worksheet.

You can also display the Performance Rating History column in the worksheet to see historical ratings given in the Performance Management system.

Question 7

After creating a compensation plan and eligibility profiles, you are currently modeling the budget allocation. The HR manager informs you that one employee under Supervisor 1 has been seconded to a different country on a temporary basis with no changes to his employment terms and that this employee must be removed from the budgeting exercise.
What is the correct way of achieving this? (Choose the best answer.)

Use the Edit button in the Employee’s included area while creating a model to exclude the employee.

Modify the eligibility profile by using a formula to exclude the employee from appearing under Supervisor 1. After the compensation cycle is completed, revert the eligibility profile to its original from, if needed.

Advise Supervisor 1 not to allocate any compensation for the employe

In the meanwhile, manually adjust the budget allocated to Supervisor 1 to exclude the employee’s amount.

Use the Include check box next to the employee’s name in the Budget worksheet to exclude the employee from the cycle.

Question 8

Your customer’s compensation has an itemized structure. The company wants to increase the Cost of Living allowance of the employees living in the New Jersey area by 3% to compensate for the increased living costs there. Which feature of Oracle Fusion Workforce Compensation can be used to achieve this? (Choose the best answer.)

Budget Pools

Plan Eligibility

Salary Component

Action and Action Reasons

Plan Access

Question 9

The Fusion Compensation module must be integrated with Fusion Performance Rating. In which three ways can the performance rating be made available? (Choose three.)

Integrate with Oracle Fusion Performance Management.

Use compensation performance ratings.

Use both Performance Management ratings and compensation ratings.

Integrate with Oracle Fusion Goal Management.

Integrate with Oracle Fusion Profile Management.

Question 10

A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up compensation history.
Identify the three correct options regarding the various compensations shown in the history. (Choose three.)

Compensation history displays six categories of compensation.

Compensation history automatically retrieves salary and stock-related informatio

The Recruiting payments and other categories have to be added manually.

Compensation history shows one-time payments in other compensation and allowances paid regularly in recruiting payments.

The summary in the compensation history shows the data for only five years.

Question 11

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.)

Set up role-based security to the individual compensation work area so that only managers are allowed.

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.

They payroll administrator must add the element to the employees in the specified roles, because this cannot be achieved through configuration.

Set up a salary basis and restrict the eligibility to the required roles.

Question 12

You have created a total compensation statement. However, you are not able to see one of the categories in the summary section on the left pane. What is the reason for this? (Choose the best answer.)

The category does not have employee contribution.

The category does not have employer contribution.

The category has been added as a subcategory.

The category does not have a graph defined in it.

Question 13

As an implementation consultant, you are defining entry values for an element in the Fusion application. Which statement is true about selecting the rules for the element’s entry value? (Choose the best answer.)

An element with the Automatic Entry option selected cannot allow multiple entries in the same period.

An element with the Automatic Entry option selected can allow multiple entries in the same period.

An element with the Automatic Entry option not selected cannot allow multiple entries in the sameperiod.

An element with the Automatic Entry option selected can allow multiple entries in the same period, and an element with the Automatic Entry option not selected cannot allow multiple entries in the same period.

Question 14

You are the compensation manager of a corporation. Which four tasks can you perform while administering compensation for your workforce? (Choose four.)

Create and manage models for use by line managers or by administrators to distribute compensation directly to employees.

Override line manager allocations, job changes, and performance ratings.

Maintain currency rates and access to plans from the watchlist.

Override line manager allocations, job changes, and performance ratings.

Analyze plan results.

Run processes to initiate a compensation cycle.

Question 15

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.)

Employment-based eligibility criteria suing hire date

Derived –factor-based eligibility criteria using length of service

User-defined-criteria-based eligibility profile using hire date

Employment-based-eligibility-criteria using length of service

Question 16

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.)

Reject

Dismiss

Question 17

As an implementation consultant, you are required to define the total compensation statement. You are creating the statement definitions for your compensation statement.
Which three statements are true about the statement definitions? (Choose three.)

The statement definition acts as a template and determines the layout and content of the generated statement.

The statement definition consists of compensation items added to compensation categories.

Multiple legal employers, multiple countries, and multiple currencies cannot be included in one statement.

Compensation items with sources belonging to different legal employers cannot be added.

Reusing statement definitions by creating new statement periods and then modifying the definition for subsequent periods is not possible.

Edits to compensation categories affect all statement definitions that use that category.

Question 18

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.)

Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.

Create a custom data model that can pull compensation awarded from different plans and display the data using a BI publisher layout.

Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.

This is possible only in the on-premises model using customization and is not possible in an Saas instanc

Therefore, you would respond accordingly to the client.

Question 19

Your customer has standard working hours = 40 hours per week. An employee has the following salary basis setup:
1Z0-1049 dumps exhibit

Working hours = 32 hours per week
1Z0-1049 dumps exhibit

Base pay = 20 USD per hour
What will be the employee’s Annual Salary and Annualized full-time salary? (Choose the best answer.)

Annual Salary = 32280, Annualization Salary = 41600

Annual Salary = 52000, Annualization Salary = 41600

Annual Salary = 41600, Annualization Salary = 41600

Annual Salary = 32280, Annualization Salary = 52000

Question 20

A corporation started giving performance bonuses to eligible employees on a monthly basis. As a compensation administrator, you are required to display performance bonuses with similar or related compensation items.
How will you configure this requirement in the Fusion application? (Choose the best answer.)

Attach performance bonuses to similar compensation items.

Attach performance bonuses to similar compensation categories/subcategories.

Attach performance bonuses to similar elements.

Attach performance bonuses to similar sources.

Question 21

As compensation manager, you are generating a total compensation statement for a corporation. Which two options are mandatory to be used as inputs while generating the total compensation statement? (Choose two.)

Statement Definition Name

Statement Period

Legal Employer

Compensation Category

Question 22

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.)

The lower-level manager can withdraw the submission and reprocess the compensation allocation.

The lower-level manager’s access level is changed to “Approved.”

Lower-level managers can no longer make any updates to their worksheets.

The worksheet goes to next level for approval.

The lower-level manager can still make changes in the worksheet and resubmit it for approval.

Question 23

Your client wants to offer a spot incentive bonus to hourly employees who worked 100 percent of their scheduled shift hours in a three-month period. What type of eligibility profile can you use in this case? (Choose the best answer.)

Employment-criteria-based eligibility profile

User-defined-criteria-based eligibility profile

Derived-factor-based eligibility profile

Fast-formula-based eligibility profile

Question 24

Which three statements are true about individual compensation plans? (Choose three.)

A user’s ability to access or make updates to awards in individual compensation plans may be restricted by the user’s association to a Legislative Data Group.

Individual compensation plans are not necessary for payment of items such as spot bonus.

Individual compensation plans are necessary for payment of items such as spot bonus.

Workers are individual compensation plans to manage their own contributions to charitable or savings plans.

Individual compensation plans define compensation that managers can award to individual workers outside of the regular compensation cycle, such as spot bonus or education reimbursement.

Question 25

Your customer wants to give its employees a way to donate to charity. This donation could be started anytime in the year and can be updated or stopped only during the month of September.
Identify the correct set of plan restriction to achieve the desired results. (Choose the best answer.)

The individual compensation plan must be set up with “NO” for plan access restriction.

The individual compensation plan must be set up with the following restrictions: New Allocations: AlwaysUpdate Allocations: Specific period Sep 1– Sep 30 Withdraw Allocations: Specific period Sep 1 – Sep 30

The individual compensation plan must be set up with the following restrictions: Create Allocations: AlwaysUpdate Allocations: Specific period Sep 1 – Sep 30 Discontinue Allocations: Specific period Sep 1 – Sep 30

The individual compensation plan must be set up with the following restrictions: New Allocations: AlwaysUpdate Allocations: Specific period Sep 1–Sep 30 Discontinue Allocations: Specific period Sep 1 – Sep 30

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Total 178 questions Full Exam Access