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NEW QUESTION 76
The compensation manager wants to run the batch process to start thecompensation cycle. Which statement correctly describes the Back Out Workforce Compensation Data process? (Choose the best answer.)
- A. It removes unneeded transaction data from prior plan cycles.
- B. It backs out unrestricted events for participants.
- C. It backs out started and processed events for participants.
- D. It reverses a completed Start Workforce Compensation Cycle process or removes posted salary, payroll, and HR changes.
Answer: D
NEW QUESTION 77
A corporation is implementing Oracle Fusion Workforce Compensation and must set up compensation history.
Identify the three correct options regarding the salary component. (Choose three.)
- A. The growth rate shown in the details shows both cumulative and average annual salary growth rates.
- B. The base rate shown in the salary section is the average of the pay rate for the entire year.
- C. The base rate shown in the previous years is the pay rate on 31 December of each year.
- D. The base rate shown in the salary section is the most recent pay rate.
Answer: A,C,D
NEW QUESTION 78
Per your client's policy on eligibility for a compensation revision cycle, employees who are in a notice period are not eligible. A particular manager is currently in a notice period, but his direct reports are still eligible for the compensation cycle. You observe that the system allows that manager to administer compensation for his direct reports.
You research this and find out that manager is still allowed to carry out the compensation allocation because his Eligibility Status is _________. (Choose the best answer.)
- A. Provisional
- B. Ineligible
- C. Limited
- D. Eligible
- E. Restricted
Answer: E
NEW QUESTION 79
You are an implementation consultant, and the client organization wants you to provide a solution for how not to display the welcome message in the total compensation statement.
What will your answer in this situation be? (Choose the best answer.)
- A. Edit the "Do not display Welcome message" option in "Compensation Item."
- B. Changing the welcome message is not possible.
- C. Edit the "Do not display Welcome message" option in "Compensation Category."
- D. Edit the "Do not display Welcome message" option in "Statement Definition."
Answer: D
NEW QUESTION 80
You create a compensation plan and attach a Compensation Performance rating model to it. While themanager is allocating compensation, he specifies a rating for each of the employees under him. Where will the rating specified by the manager be available? (Choose the best answer.)
- A. Only within the current compensation plan and the current cycle
- B. To the current compensation plan and the Performance Management system
- C. To the current compensation plan and HR system
- D. Only within the current compensation plan and all cycles associated with it
Answer: D
NEW QUESTION 81
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. Start Workforce Compensation Cycle
- C. Refresh Workforce Compensation Data
- D. Adjust Workforce Compensation Enrollment Window
- E. Back Out Workforce Compensation Data
- F. Evaluate Workforce Compensation Participation
Answer: A,B,C,E
NEW QUESTION 82
The Compensation and Benefits policy defined for your organization limits contingent workers from getting an increment as part of the Annual Salary Review. As a result, the contingent workers are excluded in the eligibility profile and ineligible workers are not tracked as part of the Annual Salary Review Compensation Plan.
A recent change to this policy enforced a minimum increment for the entire contingent worker population.
Consequently, the compensation administrator ran the Refresh Data process to update the worksheets and include the contingent workforce but none of the contingent workers are included. What should the compensation administrator do to bring the contingent workers into the manager's compensation worksheet?
(Choose the best answer.)
- A. Update the eligibility profile to include the contingent workers and rerun the Refresh Workforce Compensation Data process by selecting Refresh Option - Reevaluate Eligibility.
- B. Rerun the Refresh Workforce Compensation Data process by selecting Refresh Option - Reevaluate Eligibility.
- C. Update the eligibility profile to include the contingent workers and run the Start Workforce Compensation Cycle process.
- D. Run the Start Workforce Compensation Cycle process.
Answer: A
NEW QUESTION 83
A corporation implemented Oracle Fusion WorkforceCompensation. 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. No new Grade rate can be created.
- 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. 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.
Answer: C
NEW QUESTION 84
The compensation plan that is implemented for your customer has a column that defaults based on a dynamic column. However, as per the customer's requirement, if the value in this column is manually updated in the worksheet by a manager, there should not be any further changes made to it automatically when the "Refresh Data" process is run. How can a compensation administrator achieve this? (Choose the best answer.)
- A. by deselecting the Change Worksheet Data triggering event in the dynamic column
- B. by deselecting the Start Compensation Cycle triggering event in the dynamic column
- C. by setting up the properties of the column as updatable only once
- D. by deselecting the Refresh Data triggering event in the dynamic column
Answer: D
NEW QUESTION 85
When initiating an award, what is correct regarding possible workflow tasks? (Choose the best answer.)
- A. You must use VariableAllocationTask and edit the rules if using only for notification.
- B. You must use VariableAllocationTaskand not VariableAllocationFYITask.
- C. You may use either VariableAllocationTask and VarialbeAllocationFYITask
- D. You must use VariableAllocationFYITask and not VariableAllocationTask.
Answer: D
NEW QUESTION 86
You arecreating grade rates. What values are necessary for any grade rate that you create? (Choose the best answer.)
- A. Minimum, Maximum, Mid Point, and Value
- B. Minimum, Maximum, and Value
- C. Minimum, Maximum, Mid Point, or Value
- D. Minimum, Maximum, or Value
Answer: D
Explanation:
Explanation
Generate a warning message when a manager or compensation professional enters a new or adjusted salary that is outside the minimum or maximum values defined for the worker's grade in the grade rate attached to the salary basis.
NEW QUESTION 87
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. Employee termination
- B. Any custom alert
- C. Allocation exceeding target
- D. Leave of Absence
Answer: D
NEW QUESTION 88
How would you control the task of determining if a person is eligible for a compensation plan? (Choose the best answer.)
- A. either with eligibility profiles or through element eligibility
- B. with the eligibility profiles, never through element eligibility
- C. a mix of element eligibility and eligibility profiles
- D. through element eligibility only, never with eligibility profiles
Answer: C
NEW QUESTION 89
A corporation has set up an individual compensation plan for a contribution. This contribution needs an approval hierarchy to be set up.
Identify the four correct optionsregarding approval setup. (Choose four.)
- A. Approvals can be set up to be completed when one of the approvers takes an action such as Approve or Reject.
- B. Expiry, Escalation, and renew settings are possible for notifications.
- C. Reminders can be set for a fixed duration either before expiration or after assignment.
- D. Task attachments cannot be sent using email notifications.
- E. The notifications sent to the approvers can be made actionable.
Answer: A,B,C,E
NEW QUESTION 90
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 whileconfiguring salary basis comes from which level? (Choose the best answer.)
- A. From the Organization payment level,because the compensation is finally paid through this
- B. From the Legislative Data Group level, because that is the highest level in the hierarchy.
- C. From the Bank account level
- D. From the input value of the payroll element
Answer: B
NEW QUESTION 91
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