NEW QUESTION 1
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

Answer: B

NEW QUESTION 2
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 Legal Employer and Payroll Statutory Unit parameters.
• B. Create an element without defining Element Eligibility.
• C. Create Element Eligibility with the Grade and Position parameters.
• D. Create Element Eligibility with the department and specific payroll parameters.

Answer: A

NEW QUESTION 3
A corporation has implemented Oracle Fusion Workforce Compensation. Oracle Fusion Supplemental Earning Elements must now be created to capture ad hoc payments for eligible workforce.
Which two statements are true about element eligibility criteria for such elements? (Choose two.)

• A. You can define multiple eligibility criteria for each element, but there must be an overlap between them.
• B. You can define multiple eligibility criteria for each element, but there must not be any overlap between them.
• C. You cannot define multiple eligibility criteria for each element in any case.
• D. Some element eligibility criteria may not be available, depending on the level at which the element is attached.

Answer: BC

Explanation:
You can define more than one eligibility criteria for each element but there must be no overlap between them. For example, you could create one criteria for the combination of grade A and the job Accountant. However, you could not create one criteria for grade A and a second for the job Accountant. This would imply that an accountant on grade A is eligible for the same element twice. If you have more than one criteria for an element, you can enter different default values, qualifying conditions, and costing information for each eligibility group.

NEW QUESTION 4
What happens if eligibility requirements are different for components than they are for a plan? (Choose the best answer.)

• A. Component-level eligibility is ignored and a warning is reported.
• B. Plan-level eligibility is evaluated before component-level eligibility.
• C. Component-level eligibility is evaluated before plan-level eligibility.
• D. This is not possibl
• E. Component-level eligibility is always identical to plan-level eligibility.
• F. Plan-level eligibility is ignored and a warning is reported.

Answer: B

NEW QUESTION 5
You have configured a compensation 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 while allocating compensation. What happens in this case? (Choose the best answer.)

• A. The rating will be available to only the plan where it is updated.
• B. The rating will be available to all plans that are currently active.
• C. The rating will be available in the Performance document in the performance system.
• D. The rating will be available to only the plans where the same manager is involved.

Answer: C

NEW QUESTION 6
Identify the four components that can be included in a fast formula. (Choose four.)

• A. Output statement
• B. Input statement
• C. Comments
• D. Assignment statements
• E. Symbolic variables
• F. Conditions

Answer: BCDF

NEW QUESTION 7
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.)

• A. 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
• B. 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.
• C. 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.
• D. Parallel approvals are supported and can be configured using Static approval group
• E. Only after all the approvers approve will the process end.
• F. A parallel approval option is not available and any approval configured is always sequential.

Answer: C

NEW QUESTION 8
Your customer has employees located in four countries (Unites States, Japan, India, and Germany) and each country has a specific salary range. How would you configure the salary bases? (Choose the best answer.)

• A. Create one salary basis and four different grade rates, and attach the grade rate to the salary basis at the employee level.
• B. Create four salary bases and one grade rate, and define different ranges for the same grade rate while attaching the grade rate to the salary bases.
• C. Create four salary bases and four grade rates, and attach the grade rates to the salary bases.
• D. Create one salary basis and one grade rate, and define different ranges for the salary basis at the employee level.

Answer: C

NEW QUESTION 9
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 cannot be overridden.
• D. A compensation administrator’s general access can be overridden using roles.

Answer: C

NEW QUESTION 10
Identify the three correct statements for an alternate approver hierarchy. (Choose three.)

• A. By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set or sequence of approvers.
• B. The alternate approver must be a part of the regular plan hierarchy.
• C. You can create multiple approvers for the same manager.
• D. The highest Approval sequence is the final approver.

Answer: ACD

Explanation:
By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set or sequence of approvers. The alternate approver does not have to be a part of the regular plan hierarchy. You can create multiple approvers for the same manager by identifying the specific individuals and using the approval sequence to determine the order in which approvals occur. The highest sequence is the final approver. Alternate hierarchies are commonly used when approval control transitions from managers to the HR department.

NEW QUESTION 11
Your customer wants to limit contributions to a particular individual compensation plan to workers with at least a year of service. How should you accomplish this? (Choose the best answer.)

• A. Create a relevant eligibility profile and associate it with the plan.
• B. Create user-defined criteria, and then create the eligibility profile and plan.
• C. Create a derived factor, and then create the eligibility profile and plan.
• D. Create an eligibility profile with the exclude option and associate it with the plan
• E. Use a fast formula to restrict access to the plan.

Answer: A

NEW QUESTION 12
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.)

• A. Use the Edit button in the Employee’s included area while creating a model to exclude the employee.
• B. 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.
• C. Advise Supervisor 1 not to allocate any compensation for the employe
• D. In the meanwhile, manually adjust the budget allocated to Supervisor 1 to exclude the employee’s amount.
• E. Use the Include check box next to the employee’s name in the Budget worksheet to exclude the employee from the cycle.

Answer: C

NEW QUESTION 13
Employee X was hired on 5 March 2014 as a Web Designer and was reporting to Manager Y. On 10 September 2014, this employee was transferred to Manager Z to work as an Online Campaign designer. The company where Employee X works is doing a compensation cycle for the current year starting 1 October 2014. The employee record set up in the plan setting is “Employment terms,” while the Legal Employer of Employee X uses a two-tier model.
On which manager’s worksheet does Employee X appear? (Choose the best answer.)

• A. Manager Y, because this is the original manager of Employee X.
• B. Manager Z, because this is the current manager to whom Employee X is reporting.
• C. Both Manager Y and Manager Z, because he has worked under both of them during the current cycle.
• D. Employee X does not appear on any manager’s sheet, because he will not be evaluated by the compensation plan.

Answer: D

NEW QUESTION 14
Which alert is advised to be disabled when you are using HCM co-existence between Oracle PeopleSoft HCM and Oracle Fusion Compensation? (Choose the best answer.)

• A. Allocation exceeding target
• B. Employee termination
• C. Leave of Absence
• D. Any custom alert

Answer: C

NEW QUESTION 15
The compensation manager wants to run the batch process to start the compensation cycle. Which statement correctly describes the Back Out Workforce Compensation Data process? (Choose the best answer.)

• A. It backs out started and processed events for participants.
• B. It removes unneeded transaction data from prior plan cycles.
• C. It reverses a completed Start Workforce Compensation Cycle process or removes posted salary, payroll, and HR changes.
• D. It backs out unrestricted events for participants.

Answer: C

NEW QUESTION 16
Which two statements are true about Base Pay? (Choose two.)

• A. For Base Pay earnings elements, eligibility is determined by the salary basis that is assigned to the worker.
• B. You attach elements at various levels in the Salary object hierarchy to create deductions and earnings that can be processed in a payroll run to calculate Base Pay.
• C. You attach a single earnings element to each salary basis to hold Base Pay earnings, and assign a salary basis to each worker to calculate Base Pay.
• D. You enter a salary basis for each worker that becomes the worker’s Base Pay earnings.
• E. For Base Pay earnings elements, eligibility is determined by the deduction basis that is assigned to the worker.

Answer: AC

NEW QUESTION 17
As an implementation consultant, you have defined a total compensation statement. You have defined three compensation items (a new hire bonus, a profit sharing bonus, and a quarterly bonus), which are attached to the bonus category. You no longer need the quarterly bonus item but you are unable to delete it.
Which statement is true for the given scenario? (Choose the best answer.)

• A. The item cannot be deleted, because it is attached to a category.
• B. The above scenario does not stand true as the item can be deleted.
• C. More than one administrator might be using the item and, therefore, it cannot be deleted.
• D. Before deleting the item, you must configure a zero value behavior for the item.

Answer: C

NEW QUESTION 18
Which statement is correct about secondary element classifications? (Choose the best answer.)

• A. They are user-defined and can be edited.
• B. They are user-defined and cannot be edited.
• C. They are predefined and can be edited.
• D. They are predefined and cannot be edited.

Answer: C

NEW QUESTION 19
You are creating grade rates. What values are necessary for any grade rate that you create? (Choose the best answer.)

• A. Minimum, Maximum, Mid Point, and Value
• B. Minimum, Maximum, Mid Point, or Value
• C. Minimum, Maximum, and Value
• D. Minimum, Maximum, or Value

Answer: D

Explanation:
Generate a warning message when a manager or compensation professional enters a new or adjusted salary that is outside the minimum or maximum values defined for the worker's grade in the grade rate attached to the salary basis.

NEW QUESTION 20
Plan access restrictions control the situations in which an individual compensation plan is available for allocations or contributions by a line manager or worker, and regulate a user’s ability to create, update, or discontinue allocations or contributions under the plan. What are three common decisions to make about plan access? (Choose three.)

• A. If user access should be based on career levels or earnings thresholds
• B. If the plan is going to require updates that are driven by business users in the time frame of the next payroll cycle
• C. if there should be a “white list” name criteria for access to the plan
• D. if plan access should be related to HR actions
• E. if there should be a time period in which a user can create, update, or discontinue allocations or contributions
• F. whether or not to restrict access to the plan at all

Answer: DEF

NEW QUESTION 21
A compensation administrator has set up a Workforce Compensation Plan with Budget Pools. Manager Level Budgeting is enabled for the pool and default budget values have been configured for the following columns on the Configure Budget Page Layout page:
Budget Distribution Amount or Budget Distribution Percentage columns on the Detail Table tab
Budget Amount or Budget Percentage columns on the Summary Columns tab
To distribute the budgets automatically, the compensation administrator should run . (Choose the best answer.)

• A. the Start Compensation Cycle process
• B. the Validate Plan Setup process
• C. the Refresh Data process
• D. the Start Compensation Cycle proces
• E. After this, the Administrator should create a model to distribute the budgets.

Answer: D

NEW QUESTION 22
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 car
• B. 3. Payroll statutory unit deduction car
• C. 4. Payroll deduction range values (legislative data group level).
• D. 1. Personal deduction card (payroll relationship level). 2. Payroll statutory unit deduction car
• E. 3. Tax reporting unit deduction car
• F. 4. Payroll deduction range values (legislative data group level).
• G. 1. Payroll statutory unit deduction car
• H. 2. Tax reporting unit deduction car
• I. 3. Payroll deduction range values (legislative data group level) 4. Personal deduction card (payroll relationship level).
• J. 1.Personal deduction card (payroll relationship level). 2. Payroll deduction range values (legislative data group level) 4. Payroll statutory unit deduction car
• K. 4. Tax reporting unit deduction card.

Answer: A

NEW QUESTION 23
As compensation administrator, you are required to show “Actual amounts paid to the worker” in the Total Compensation Statement. To meet this requirement, which component must be created? (Choose the best answer.)

• A. Compensation Item
• B. Compensation Category
• C. Compensation Source
• D. Compensation Statement Definition

Answer: C

NEW QUESTION 24
......