Oracle Compensation Cloud 2021 Implementation Essentials

문제1
Your customer awards three types of bonuses to its workers: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. All three bonusesare awarded by using element entries.
How would you configure the Compensation Statement? (Choose the best answer.)

A. Create one Compensation Category as Bonus and specify thesource type as Element Entry. Associate the three elements with the Compensation Category.

B. Create one Compensation Item as Bonus and specify the source type as Element Entry. Associate the three elements with the CompensationItem.

C. Create three Compensation Items: Joining Bonus, Ad-hoc bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective elements with the respective Items.

D. Create three Compensation Categories: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respectiveElements with the respective Categories.

정답: C

문제2
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. weekly, because the employee is on a weekly payroll

B. hourly, because the employee has hourly pay

C. the frequency of theemployee's salary basis

D. annually, because the history must always be shown with annual amounts

정답: A

문제3
Identify three correct statements about changes in an employee's compensation when the employee's FTE value changes in employment. (Choose three.)

A. If the salary start date is after the current date (that is, it is a future-dated salary record), theFTE value is fetched as of the salary start date and Annual Salary and Annual FT Salary are calculated by using that value.

B. If the salary record end date is the same as the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.

C. If the salary record has the end date after the current date, FTE is fetched as of the salary end date and Annual Salary andAnnual FT Salary are calculated by using that value.

D. If the salary record has the end date before the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.

E. If the salary record end date is 31-DEC-4712 (that is, the date is "blank" in the salary UI), the FTE value is fetched as of the current system date and Annual Salary and Annual FT Salary are calculated by using that value.

정답: E

문제4
The compensation administrator wants to run the batch process to administer the compensation cycle. Which are the four valid batch processes in terms of the compensation module? (Choose four.)

A. Transfer Workforce Compensation Data to HR

B. Adjust Workforce Compensation Enrollment Window

C. Evaluate Workforce Compensation Participation

D. Refresh Workforce Compensation Data

E. Back Out Workforce Compensation Data

F. Start Workforce Compensation Cycle

정답: A,D,E,F

문제5
A corporation implemented Oracle Fusion Core HR on a three-tier model with Multiple Employment Terms with Multiple Assignments as the employment model. An employee of the corporation has multiple assignments and multiple employment terms on different payroll frequencies.
What kind of salary basis must be associated with the employee? (Choose the best answer.)

A. One salary basis for allassignments and employment terms

B. One salary basis for each employment terms and one of them can be used for assignment

C. A different salary basis associated with each assignment or employment term.

D. One salary basis for each assignment and one of them can be used for the employment terms

정답: B

문제6
Which four tasks are part of Worksheet Configuration Options? (Choose four.)

A. Plan cycles

B. Compensation change statements

C. Components

D. Models

E. Alerts

F. Performance ratings

정답: B,C,E,F

문제7
What happens if eligibility requirements aredifferent for components than they are for a plan? (Choose the best answer.)

A. Plan-level eligibility is ignored and a warning is reported.

B. Component-level eligibility is ignored and a warning is reported.

C. This is not possible. Component-level eligibility is always identical to plan-level eligibility.

D. Component-level eligibility isevaluated before plan-level eligibility.

E. Plan-level eligibility is evaluated before component-level eligibility.

정답: E

문제8
While configuring the Budget page, you are setting the properties of the Job column.
Which two sectionsare available in the properties for the Job column? (Choose two.)

A. Default Value

B. Legal Employer

C. General

D. Information

정답: A,C

문제9
Which two methods can be used by the compensation administrator to publish budgets? (Choose two.)

A. Publish budgets manually.

B. Publish budgets automatically by running the Build Model process.

C. Copy budget amounts from a previous cycle.

D. Use a model to distribute budgets.

정답: A,D

문제10
Which two statements are true about Base Pay? (Choose two.)

A. 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.

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. For Base Pay earnings elements, eligibility is determined by the salary basis that is assigned to the worker.

D. You enter a salary basis for each worker that becomes the worker's Base Pay earnings.

E. For BasePay earnings elements, eligibility is determined by the deduction basis that is assigned to the worker.

정답: A,C

문제11
As an implementation consultant, you want to override the currency on the item definition. The United States Dollar currency iscurrently specified on it. This needs to be overridden to the Indian Rupee. What are the two approaches that you should use to override the currency of the compensation item from the United States Dollar to the Indian Rupee? (Choose two.)

A. Define the source type as Benefit Balance, which has currency specified in the Indian Rupee.

B. Define a Compensation Statement Definition that includes the item and has currency defined as the Indian Rupee.

C. Define a formula that retrieves compensation and specifies currency as the Indian Rupee.

D. Define a Category that includes the item and has currency defined as the IndianRupee.

정답: A

문제12
While configuring a plan cycle, you have set the Worksheet update start and end dates as 15-Apr-2014 and
31-May-2014, respectively. However, when a manger logs into the workforce compensation area on
5-Apr-2014, he is able to see the active plan, but in read-only mode.
What could be the possible reason for this? (Choose the best answer.)

A. Active plans are always shown in read-only mode form the Evaluation period start date, which is always prior to the Worksheet update date.

B. Active plans are always shown in read-only mode from the Plan Access start date, which is generally prior to the Worksheet update date.

C. Active plans are always shown in read-only mode until the Worksheet update period starts.

D. Active plans are always shown in read-only mode once it is past the eligibility determination date.

정답: A

문제13
Your customer wants to configure a workforce compensation plan with multiple cycles.Identify two correct statements about plan cycles. (Choose two.)

A. You can duplicate a cycleand specify the number of months to advance all dates.

B. A plan can have multiple compensation cycles, each with unique period dates.

C. A plan can have multiple compensation cycles, each with same period dates.

D. Each plan that requires a different cycle must be created manually.

정답: A,B

문제14
When initiating an award, what is correct regarding possible workflow tasks? (Choose the best answer.)

A. You may use either VariableAllocationTask and VarialbeAllocationFYITask

B. You must use VariableAllocationTaskand not VariableAllocationFYITask.

C. You must use VariableAllocationFYITask and not VariableAllocationTask.

D. You must use VariableAllocationTask and edit the rules if using only for notification.

정답: C

문제15
During the Compensation Review cycle for the year 2014-15, the manager processes his direct reports compensation changes per the model created by him. After making the changes in the worksheet, the manager submits the proposed changes to the next level manager in the hierarchy for approval. What will the Manager status appear as in the workforce compensation area? (Choose the best answer.)

A. Processed

B. Fully Approved

C. In Approvals

D. Work in Progress

E. Submitted

정답: E

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