Oracle Workforce Compensation Cloud 2018 Implementation Essentials

QUESTION NO: 1
Your customer's company spans multiple countries. It follows a global salary increase process in the month of May and awards bonuses twice a year in the month of June and December for workers who are employed in various countries. As an implementation consultant, you must define Statement Periods for the Compensation Statement. Which three options will you consider? (Choose three.)

A. the date when bonus is awarded to workers B. the date that statements become available to workers C. an optional welcome message D. the conversion rate date for currency conversions E. the date when merit increases are awarded to workers

Correct Answer: A,B,C

QUESTION NO: 2
Which two statements are true about Base Pay? (Choose two.)

A. For Base Pay earnings elements, eligibility is determined by the deduction 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 enter a salary basis for each worker that becomes the worker's Base Pay earnings. D. 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. E. For Base Pay earnings elements, eligibility is determined by the salary basis that is assigned to the worker.

Correct Answer: D,E

QUESTION NO: 3
Identify the three correct statements for an alternate approver hierarchy. (Choose three.)

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

Correct Answer: A,B,C

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QUESTION NO: 4
While implementing, you are grouping compensation items and categories for displaying them together.
Therefore, when planning how to group compensation items and categories, you must consider which three options? (Choose three.)

A. Category Detail B. Statement definitions C. Compensation Items D. Contribution Type and Unit of Measure E. Category Type F. Level of detail

Correct Answer: D,E,F

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QUESTION NO: 5
Which three tasks are part of Plan Foundation Configuration Options? (Choose three.)

A. Alerts B. Components C. Plan Currency D. Feedback Survey E. Plan Access

Correct Answer: B,C,E

QUESTION NO: 6
A corporation has implemented Oracle Fusion Workforce Compensation. A Salary basis has been created to manage employees' salaries. It has a payroll element attached. As part of the Salary changes, when the compensation manager is trying to update the Salary amounts, the same is not reflecting in the payroll elements entries of the employee.
Identify the two possible causes for the issue. (Choose two.)

A. Automatic entry is checked at the element eligibility link for the payroll element used. B. Automatic entry is checked for the payroll element used. C. No components are defined to handle these salary adjustments. D. Salary basis is configured to be non-updatable.

Correct Answer: B,D

QUESTION NO: 7
As an implementation consultant, you are required to define a total compensation statement. To construct the total compensation statement, you must follow a set of activities in sequence.
Select the correct sequence to construct a total compensation statement. (Choose the best answer.)

A. Create compensation items > attach the items to compensation categories > arrange categories hierarchically in the statement definition > specify the statement period and display options > generate the statement. B. Create compensation items > attach the items to compensation categories > generate the statement > specify the statement period and display options > arrange categories hierarchically in the statement definition. C. Create compensation items > specify the statement period and display options > arrange categories hierarchically in the statement definition > attach items to compensation categories > generate the statement. D. Create compensation items > generate a statement > specify the statement period and display options > arrange categories hierarchically in the statement definition > attach items to compensation categories.

Correct Answer: A

QUESTION NO: 8
Which three statements are true about individual compensation plans? (Choose three.)

A. Workers are individual compensation plans to manage their own contributions to charitable or savings plans. B. 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. C. Individual compensation plans are not necessary for payment of items such as spot bonus. D. Individual compensation plans are necessary for payment of items such as spot bonus. 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.

Correct Answer: A,D,E

QUESTION NO: 9
Identify the two valid formula types applicable for Workforce Compensation Plans. (Choose two.)

A. Compensation amounts Selection B. Compensation Person Selection C. Compensation Organization Selection D. Compensation Item Selection E. Compensation Currency Selection

Correct Answer: A,D

QUESTION NO: 10
Your client's organization is a multi-country organization with headquarters in the US. All employees are covered under one global compensation plan. However, the managers in each country want to administer compensation in their country's respective currency. How would you enable this feature? (Choose the best answer.)

A. Set the preferred currency in the worksheet. B. Display the corporate currency. C. Use fast formula to display the employee currency using conversion rates. D. Enable Currency Switching.

Correct Answer: D

QUESTION NO: 11
A corporation implemented Oracle Fusion Workforce Compensation. A Salary Basis has been created and attached to the workers and a Compensation cycle has been run. The corporation now wants to use a different Grade rate for the salary basis.
Which option is true? (Choose the best answer.)

A. After the salary basis is associated with any worker, you cannot delete it or modify any characteristic.
Therefore, a new Salary Basis must be created with a new Grade rate. B. A new Grade rate can be created and the Salary basis can be modified to include it. C. No new Grade rate can be created. D. The salary of an employee is based on the grade to which the employee is assigned. Therefore, nothing has to be changed at the salary basis level once it has been created. Employee data must be modified to reflect the new grade.

Correct Answer: D

QUESTION NO: 12
As an implementation consultant, you are required to create an element for capturing the bonus awarded in the compensation cycle. Which two statements are correct regarding the input values of the element created?
(Choose two.)

A. The automatically created Amount input value is identified as the primary input value. B. Element entries are created for all the input values of the element. C. It is possible to link the same element but different input values to different components or options within the same compensation plan. D. You must manually mark the Amount input value as the primary input value in the Special Purpose field. E. No additional configuration is required to attach this element to the workforce compensation plan component.

Correct Answer: A,E

Oracle Workforce Compensation Cloud 2018 Implementation Essentials - 1Z1-1000 Exam Questions