A corporation implemented Fusion Compensation and must run a compensation cycle. The corporation
has seven different active components in the salary basis. Salaries of all the employees must be updated
in bulk mode.
Which statement is true about the bulk update using Integrated Workbook? (Choose the best answer.)
A. Integrated Workbook can be used to update all the seven components.
B. Only the first four active components will be loaded at a time by Integrated Workbook.
C. Only the first five active components will be loaded at a time by Integrated Workbook.
D. Only the first six active components will be loaded at a time by Integrated Workbook.
You are configuring a plan cycle date that should be visible to managers on the Approvals tab so that they can submit their worksheets before that date. But you do not want to enforce the date because you want the managers to be able to submit their worksheets even after the date is past. Which date should you use? (Choose the best answer.)
A. HR extraction date
B. currency conversion date
C. default date due
D. evaluation period start and end dates
E. worksheet update start and end dates
You are required to explain to your client the use of Hierarchy design in Compensation Process. Which two Compensation-related activities use Hierarchy? (Choose two.)
A. Approval routing
B. Allocating budgets
C. Plan access
D. Sending Compensation alerts
E. Feedback survey
What is the relationship between Net Pay and Earnings? (Choose the best answer.)
A. Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings minus all the deductions calculated for the run.
B. Net Pay is a calculated balance that is standard earnings minus all the deductions calculated for the run.
C. Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings for the run.
D. Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings minus all the non-voluntary deductions calculated for the run.
A corporation implemented Oracle Fusion Workforce Compensation. A salary basis has been created and
attached to the employee and a compensation cycle has been run. The corporation wants to include a new
component as part of the salary basis.
Which three are predefined components? (Choose three.)
A. Regular and automatic adjustment
B. Market adjustment due to salary being out of line with the market
C. Equity adjustment to correct salary compression or inversion
D. Adjustment due to corrections within the organization
An administrator of a corporation needs to view a worker's salary basis, change it, view the salary history,
and do a graphical analysis of changes made to the salary. However, the administrator is not able to do
these things.
Identify the three correct roles that will give the administrator access to complete the process. (Choose
three.)
A. Line Manager
B. Compensation Manager
C. HR Specialist
D. Expenses Manager
Your customer provides compensation such as salary, bonus earnings (paid twice a year), commissions, stock options, and company-paid taxes to its workers. The customer wants you to implement Compensation Statements with graphs. Which three values of the graph column will you exclude? (Choose three.)
A. Dates
B. Monetary Values
C. more than one nonmonetary unit of measure
D. Non Monetary Values
E. Text
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.)
A. Create one salary basis and four different grade rates, and attach the grade rate to the salary basis at the employee level.
B. 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.
C. Create four salary bases and four grade rates, and attach the grade rates to the salary bases.
D. Create one salary basis and one grade rate, and define different ranges for the salary basis at the employee level.