Oracle-1z0-330 - Oracle Fusion Workforce Compensation Cloud Service 2016 Implementation Essentials

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Oracle-1z0-330 - Oracle Fusion Workforce Compensation Cloud Service 2016 Implementation Essentials

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.)

Create a relevant eligibility profile and associate it with the plan. ✘ Create user-defined criteria, and then create the eligibility profile and plan. ✘ Create a derived factor, and then create the eligibility profile and plan. ✘ Create an eligibility profile with the exclude option and associate it with the plan ✔ Use a fast formula to restrict access to the plan. ✔

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Answer & Solution

Answer: Option B

Solution:

It provides fallback for IE8.

While working on the compensation changes in an Excel workbook, a manger selects the Upload option and then tries to immediately download the uploaded dat

As a consultant, you advise him not to do so because of which reason? (Choose the best answer.) ✘ This action causes the committed data to roll back, thereby revoking the changes processed. ✘ This action causes the committed data to download immediately, thereby obscuring the error messages. ✘ The data uploaded takes some time to be processed by the server and, therefore, when download is clicked immediately, it might still show the older data. ✔ When the Upload button is clicked, the data is loaded to a staging table and an upload process is triggered. This process has to complete successfully before thenew data can be downloaded. ✔

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Answer & Solution

Answer: Option B

Solution:

It provides fallback for IE8.

When initiating an award, what is correct regarding possible workflow tasks? (Choose the best answer.)

You may use either VariableAllocationTask andVarialbeAllocationFYITask ✘ You must use VariableAllocationTask and not VariableAllocationFYITask. ✘ You must use VariableAllocationFYITask and not VariableAllocationTask. ✘ You must use VariableAllocationTask and edit the rules if using only for notification. ✔

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Answer & Solution

Answer: Option B

Solution:

It provides fallback for IE8.

A compensation manager of a corporation is setting up a new salary basis for the employees. Which statement is true about payroll elements set up for a salary basis? (Choose the best answer.)

Recruiting elements can be linked to multiple salary bases only if they are classified as earnings elements and configured to allow multiple entries in the same period. ✘ Recruiting elements can be linked to multiple salary bases only if they are classified as earnings elements, and they need not be configured to allow multipleentries in the same period. ✘ Multiple payroll elements can be attached a salary basis. ✘ Payroll elements of any classification type can be attached to a salary basis. ✔

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Answer & Solution

Answer: Option B

Solution:

It provides fallback for IE8.

A corporation has implemented Oracle Fusion Workforce Compensation. A custom element was created to capture the entry value for four input values. Data load is performed by the Batch Loader, but the associated Daily Business Intelligence (DBI) is returning the entry value corresponding only to the first input value. Identify the option that will enable the DBI to return all the input variables. (Choose the best answer.)

Delete the existing element link and create a new element link, which will automatically create all four input values. ✘ Create a new element from scratch. ✘ This scenario cannot be implemented. ✘ Create status processing rules for the input values. ✔

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Answer & Solution

Answer: Option B

Solution:

It provides fallback for IE8.

A corporation is implementing Oracle Fusion Workforce Compensation. Different currencies are set at the Legislative Data Group level, the Organization payment level, the Bank account level, and the payroll element level. The currency shown while configuring salary basis comes from which level? (Choose the best answer.)

From the input value of the payroll element ✘ From the Legislative Data Group level, because that is the highest level in the hierarchy. ✘ From the Organization payment level, because the compensation is finally paid through this ✘ From the Bank account level ✔

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Answer & Solution

Answer: Option B

Solution:

It provides fallback for IE8.

A corporation has implemented Oracle Fusion Workforce Compensation for a manufacturing client. Which is the building block used in the calculation of deductions and exemptions? (Choose the best answer.)

Deduction ranges ✘ Deduction range group ✘ Deduction range Values ✘ Deduction overrides ✔

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Answer & Solution

Answer: Option B

Solution:

It provides fallback for IE8.

The manager administering compensation has the option to create budget models to be used to allocate compensation. Which four options regarding compensation modeling are correct? (Choose four.)

Modeling enables managers to automatically allocate compensation to employees who meet certain criteria. Managers can create their own models and use them. A model can be shared with the direct reports of the creator. Managers can use a model created by compensation professionals. Access of a model is limited only to the creator of the model.

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Answer & Solution

Answer: Option B

Solution:

It provides fallback for IE8.

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.)

Create one salary basis and four different grade rates, and attach the grade rate to the salary basis at the employee level. ✘ 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. ✘ Create four salary bases and four grade rates, and attach the grade rates to the salary bases. ✘ Create one salary basis and one grade rate, and define different ranges for the salary basis at the employee level. ✔

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Answer & Solution

Answer: Option B

Solution:

It provides fallback for IE8.

10.

While administering compensation, the managers in the organization want to first allocate compensation to the outstanding performers with compa-ratio less than 80 and, therefore, want to view only this population. How would you, as a consultant, help the managers to achieve this? (Choose the best answer.)

Use the Advanced Filter option in the worksheet to create a custom condition. ✘ Control the population by using eligibility profiles. ✘ Use the sort feature in the worksheet to control this. ✘ This cannot be done once the population is finalized and the compensation cycle is started. ✔

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Answer & Solution

Answer: Option B

Solution:

It provides fallback for IE8.

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Oracle-1z0-330 - Oracle Fusion Workforce Compensation Cloud Service 2016 Implementation Essentials

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