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 of the element created? (Choose two.)
A. The automatically created Amount input value is identified as the primary input value.
B. No additional configuration is required to attach this element to the workforce compensation plan component.
C. You must manually mark the Amount input value as the primary input value in the Special Purpose field.
D. Element entries are created for all the input values of the element.
E. It is possible to link the same element but different input values to different components or options within the same compensation plan.
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.)
A. Compensation items are the foundation upon which the Compensation Statement is built.
B. Compensation items cannot be used across statement definitions.
C. Compensation items need not be mapped to the specific source from which the compensation information is retrieved.
D. Compensation items can be added to statement definitions directly.
E. Compensation items are added to a compensation category to include them in statements.
An employee of a corporation is on a weekly payroll with an hourly rate of 20 USD. Identify the correct option for the frequency shown in the base rate of compensation history. (Choose the best answer.)
A. hourly, because the employee has hourly pay
B. weekly, because the employee is on a weekly payroll
C. annually, because the history must always be shown with annual amounts
D. the frequency of the employee's salary basis
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.)
A. The statement definition acts as a template and determines the layout and content of the generated statement.
B. The statement definition consists of compensation items added to compensation categories.
C. Multiple legal employers, multiple countries, and multiple currencies cannot be included in one statement.
D. Compensation items with sources belonging to different legal employers cannot be added.
E. Reusing statement definitions by creating new statement periods and then modifying the definition for subsequent periods is not possible.
F. Edits to compensation categories affect all statement definitions that use that category.
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.
You are configuring a work-administered individual compensation plan where your workers can enroll in the plan anytime during the year, but can discontinue their contributions only in the month of March each year. How should you achieve this? (Choose the best answer.)
A. Select specific HR actions such as transfer, promotion, and new hire for the plan with access level for each action allowed during a specific period.
B. Do not select any additional actions other than Manage Contributions with access level as Create: Always allowed; Update: Allowed during a specified period; Discontinuing: Never allowed.
C. Make the plan available for all actions in the list with access level for each action Always allowed.
D. Do not select any additional actions other than Manage Contributions with access level for each action as Create: Always allowed; Update: Never allowed; Discontinuing: Allowed during a specified period.
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.
Identify four correct history categories when setting up compensation history. (Choose four.)
A. Salary
B. Other Compensation
C. Stock
D. Non-Recruiting Payments
E. Recruiting Payments
F. Payroll Elements
Your customer is planning to configure an Individual Compensation Company Car Plan to include only the
Sales department employees. The customer also wants to restrict luxury model vehicles to executive
positions.
Which three statements are true about accomplishing this? (Choose three.)
A. Create an eligibility profile to include only the Sales department and attach it to Company Car Plan.
B. Create an eligibility profile to include executive positions and attach it to Company Car Plan.
C. Create an eligibility profile to include the Sales department and the executive positions and attach it to Company Car Plan and the Luxury models option.
D. Create an eligibility profile to include the executive positions and attach it to the Luxury models option.
E. You cannot achieve this because you cannot attach eligibility profiles with Plan and Option.
F. You can attach eligibility profiles with Plan, Option, or both.
A corporation implemented Oracle Fusion Workforce Compensation. A salary basis has been created and
attached to the employee and a compensation cycle has been run. The corporation wants to include a new
component as part of the salary basis.
Which three are predefined components? (Choose three.)
A. Regular and automatic adjustment
B. Market adjustment due to salary being out of line with the market
C. Equity adjustment to correct salary compression or inversion
D. Adjustment due to corrections within the organization
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