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.
Which is the correct priority of deduction information from highest to lowest? (Choose the best answer.)
A. 1.Personal deduction card (payroll relationship level). 2. Tax reporting unit deduction card. 3. Payroll statutory unit deduction card. 4. Payroll deduction range values (legislative data group level).
B. 1. Personal deduction card (payroll relationship level). 2. Payroll statutory unit deduction card. 3. Tax reporting unit deduction card. 4. Payroll deduction range values (legislative data group level).
C. 1. Payroll statutory unit deduction card. 2. Tax reporting unit deduction card. 3. Payroll deduction range values (legislative data group level) 4. Personal deduction card (payroll relationship level).
D. 1.Personal deduction card (payroll relationship level). 2. Payroll deduction range values (legislative data group level) 4. Payroll statutory unit deduction card. 4. Tax reporting unit deduction card.
You are the compensation manager of a corporation. Which four tasks can you performwhile administering compensation for your workforce? (Choose four.)
A. Create and manage models for use by line managers or by administrators to distribute compensation directly to employees.
B. Override line manager allocations, job changes, and performance ratings.
C. Maintain currency rates and access to plans from the watchlist.
D. Override line manager allocations, job changes, and performance ratings.
E. Analyze plan results.
F. Run processes to initiate a compensation cycle.
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.
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.)
A. Employment-criteria-based eligibility profile
B. User-defined-criteria-based eligibility profile
C. Derived-factor-based eligibility profile
D. Fast-formula-based eligibility profile
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 Amountas 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.
Which three statements are true about individual compensation plans? (Choose three.)
A. 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.
B. Individual compensation plans are not necessary for payment of items such as spot bonus.
C. Individual compensation plans are necessary for payment of items such as spot bonus.
D. Workers are individual compensation plans to manage their own contributions to charitable or savings plans.
E. 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.
You create a compensationplan 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. Only within the current compensation plan and all cycles associated with it
B. Only within the current compensation plan and the current cycle
C. To the current compensation plan and the Performance Management system
D. To the current compensation planand HR system
A corporation implemented Fusion Compensation and must run a compensation cycle. The corporation has seven different active components in the salary basis. Salaries of all the employees must be updated in bulk mode.
Which statement is true about the bulkupdate using Integrated Workbook? (Choose the best answer.)
A. Integrated Workbook can be used to update all the seven components.
B. Only the first four active components will be loaded at a time by Integrated Workbook.
C. Only the first five active components will be loaded at a time by Integrated Workbook.
D. Only the first six active components will be loaded at a time by Integrated Workbook.
A corporation has implemented Oracle Fusion Workforce Compensation. The consultant creates multiple elements to meet the business requirements.
Which three statements will help him to make a decision about the element classification? (Choose three.)
A. Primary classifications are provided mainly to reflect tax legislation.
B. Secondary classifications are subsets of the primary classifications.
C. Predefined primary classifications cannot be removed or changed.
D. Predefined secondary classifications can be removed or changed.
E. Elements can have multiple primary and multiple secondary classifications.
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