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1. 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) A new Grade rate can be created and the Salary basis can be modified to include it.
B) 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.
C) 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.
D) No new Grade rate can be created.
2. As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items? (Choose two.)
A) Compensation items need not be mapped to the specific source from which the compensation information is retrieved.
B) Compensation items can be added to statement definitions directly.
C) Compensation items cannot be used across statement definitions.
D) Compensation items are the foundation upon which the Compensation Statement is built.
E) Compensation items are added to a compensation category to include them in statements.
3. Your client is a consumer goods wholesaler. The client's organization has five departments. While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees in that department. In the current year, only the Electronics department has exceeded its sales target.
How would the compensation manager allocate the extra budget to the manager of the Electronics Department? (Choose the best answer.)
A) Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.
B) Publish the original budgets to all managers, followed by publishing the extra budget to only the manager of the Electronics department.
C) Initiate budgets automatically by using the Start Compensation Cycle process.
D) Request excess budget allocation from the manager above him.
4. A corporation needs to set up a compensation plan for a vehicle allowance that will allow different amounts for different types and models of vehicles.
How can you achieve the desired results? (Choose the best answer.)
A) Configure as many compensation plans as there are different types and models, because options cannot have associated eligibility profiles, and use the same payroll element for all of them.
B) Configure one compensation plan and add as many options as three are allowed for vehicle types and models. Define eligibility and associate the same payroll element to all the options such that an employee can use only one option.
C) Configure one compensation plan, add as many options as there are allowed for different types and models. Define eligibility and associate the different payroll elements to all the options such that any payroll element can be associated with only one plan and option.
D) Configure as many compensation plans as there are allowed types and models of vehicles, because options cannot have eligibility profiles associated, and use different payroll elements for each of them.
5. An administrator of a corporation must generate the compensation statements for the workers to notify them about their compensation details.
Identify the correct role that will give the administrator access to complete the process. (Choose the best answer.)
A) Line Manager
B) Compensation Manager
C) Compensation Administrator
D) HR Specialist
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: D,E | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: A |
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