A corporation is implementing Oracle Fusion Workforce Compensationand needs to set up the following
for all employees:
Salary paid based on the grades of employees.
Car allowance paid based on the department and position.
Spot bonus paid based on a committee's decision.
Identify the correct option for the setup. (Choose the best answer.)
A. Set up a salary basis for "Salary" and associate a grade rate matrix and the payroll element to it. Set up individual compensation plans for the car allowance and spot bonus, and restrict the access to line manager and HR specialistrespectively. Additionally, add an eligibility profile to the car allowance to restrict it to specific departments and positions.
B. Set up a salary basis for "Salary" and associate a grade rate matrix to it, and add a car allowance and spot bonus ascomponents for the salary basis along with Salary. Attach the required payroll elements to the salary. Have salary validations to restrict access and payment for specific departments and positions.
C. Set up on individual compensation plan with all three options. Add the required payroll elements and add restriction based on eligibility profiles and plan access.
D. Set up Salary and the spot bonus as two salary bases, because there are no eligibility restrictions. Set up the car allowance as an individual compensation plan. Add the required payroll elements and add eligibility profiles for the car allowance for specific departments and positions.
Which two methods can be used by the compensation administrator to publish budgets? (Choose two.)
A. Publish budgets manually.
B. Copy budget amounts from a previous cycle.
C. Use a model to distribute budgets.
D. Publish budgets automatically by running the Build Model process.
As an implementation consultant, you have defined a total compensation statement. From a security perspective, you are required to identify a key user who will have access to view the total compensation statement.
Which role is mandatory to view the compensation statement? (Choose the best answer.)
A. CompensationAnalyst
B. Compensation Executive
C. Compensation Specialist
D. Compensation Manager
Identify the list builder that is used in the delivered variable allocation task that appears to all allocations. (Choose the bestanswer.)
A. Position Hierarchy
B. Dynamic Approval Group
C. Static Approval Group
D. Supervisory Hierarchy
E. Auto Approval
When compiling Fast Formula, you receive the error message "Database itemPER_ASG_ATTRIBUTE3 must have a DEFAULT statement because it was specified that null or not found is allowed."
What is the cause of the error? (Choose the best answer.)
A. misuse of context
B. uninitialized variable
C. incorrect operator usage
D. syntax error
Which three dates are mandatory while creating plan cycles? (Choose three.)
A. Evaluation Period Start Date
B. Worksheet Update Period Start Date
C. Plan Access Start Date
D. HR Data Extraction Date
E. Performance Rating Date
F. Default Due Date
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
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 restrictaccess to the plan at all
Which three statements are true about payroll deductions? (Choose three.)
A. Wage basis rules are defined at thepersonal level and the context value for the rule is captured on the deduction card.
B. The rates and rules that are defined on a personal deduction card cannot override the values that are defined in the deduction ranges at the legislative level.
C. A personal deduction card contains person-specific information that is used to calculate the deduction amount.
D. The deduction element's status processing rule drives the calculation, accessing the rates and rules that are defined for the related payroll deduction and the values that are captured on a personal deduction card.
E. A payroll deduction comprises the rates and rules that are used to calculate the deduction amount.
After the compensation plan was configured, the Validate Plan Setup process was run successfully with no warnings or errors. However, when the worksheet is accessed by a Line Manager, the Line Manager notices that employees who are ineligible are also visible in the worksheet despite running the Validate Plan Setup process.
What is the reason for this?(Choose the best answer.)
A. The Validate Plan Setup process does not validate eligibility profiles.
B. The compensation administrator did not run the Validate Plan Setup process and run the Start Compensation Cycle process instead.
C. The Validate PlanSetup process failed to report errors from the eligibility profiles.
D. The Validate Plan Setup process showed a warning about errors on the eligibility profiles, which was ignored by the compensation administrator.