Question 1
Multiple choice
Identify the three choices available whenconfiguring approvals. (Choose three.)
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A
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B
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C
Alternate approver hierarchy
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D
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Correct answersA, B, C
ExplanationReferences: http://www.oracle.com/technetwork/fusion-apps/compensationmanagement- e22776-02- 1514585. pdf(p.45)
Question 2
Multiple choice
Identify the two valid formula types applicable for Workforce Compensation Plans. (Choose two.)
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A
Compensation Currency Selection
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B
Compensation Organization Selection
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C
Compensation Item Selection
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D
Compensation Person Selection
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E
Compensation amounts Selection
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Which item is false regarding plan access? (Choose the best answer.)
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A
Compensation administrators have access to all plan configuration tasks for all plans.
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B
Compensation managers have access to the budget sheet and worksheets for all plans and employee administration tasks.
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C
A compensation administrator's general access cannot be overridden.
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D
A compensation administrator's general access can be overridden using roles.
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Correct answerC
ExplanationReferences: https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387136AN11E5B.ht m(plan foundation, second bullet)
Question 4
Multiple choice
A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up compensation history. Identify the three correct options regarding the various compensations shown in the history. (Choose three.)
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A
Compensation history displays six categories of compensation.
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B
Compensation history automatically retrieves salary and stock-related information. The Recruiting payments and other categories have to be added manually.
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C
Compensation history shows one-time payments in other compensation and allowances paid regularly in recruiting payments.
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D
The summary in the compensation history shows the data for only five years.
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As an implementation consultant, you have defined a total compensation statement. From a security perspective, you are required to identify a key user who will have access to view the total compensation statement. Which role is mandatory to view the compensation statement? (Choose the best answer.)
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A
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B
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C
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D
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Question 6
Multiple choice
Which two methods can be used by the compensation administrator to publish budgets? (Choose two.)
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A
Publish budgets manually.
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B
Copy budget amounts from a previous cycle.
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C
Use a model to distribute budgets.
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D
Publish budgets automatically by running the Build Model process.
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Correct answersA, C
ExplanationReferences: https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387106AN1115F.htm (initiating budgets)
Question 7
Multiple choice
A corporation has implementedOracle Fusion Workforce Compensation for a manufacturing client. As an implementation consultant, you are required to set up the Deduction elements to capture the employee's personal contributions. Which four can be categorized as Deduction components corresponding to payroll deduction elements? (Choose four.)
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A
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B
References for calculation factors
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C
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D
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E
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F
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G
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Correct answersA, B, C, D
ExplanationReferences: http://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20379/F597776AN358 E7.htm(Payroll Deduction Components at the Legislative Level: Examples)
Question 8
Multiple choice
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.)
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A
The automatically created Amount input value is identified as the primary input value.
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B
No additional configuration is required to attach this element to the workforce compensation plan component.
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C
You must manually mark the Amount inputvalue as the primary input value in the Special Purpose field.
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D
Element entries are created for all the input values of the element.
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E
It is possible to link the same element but different input values to different components or options within the samecompensation plan.
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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.)
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A
Set the preferred currency in the worksheet.
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B
Enable Currency Switching.
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C
Display the corporate currency.
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D
Use fastformula to display the employee currency using conversion rates.
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Correct answerB
ExplanationReferences: https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387136AN11E5B.ht m
Question 10
Single choice
A worker complains to the Human Resources department that the total amount does not add up to the amount of salary received in the bank. The department informs the worker that certain items that are shown in the Compensation Statement do not comprise the actual amount paid. The department now wants to make the statement more relevant to workers to avoid such situations. What should you do to accommodate this requirement? (Choose the best answer.)
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A
For each item, specify the Excluded from Gross amount option to indicate that this compensation is not the actual amount paid.
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B
For each item, specify the Estimated amount option to indicate thatthis compensation is not the actual amount paid.
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C
For each item, specify the Unpaid amount option to indicate that tis compensation is not the actual amount paid.
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D
For each item, specify the Indicative amount option to indicate that this compensation is not the actual amount paid.
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Question 11
Single choice
While working on the compensation changes in an Excelworkbook, a manger selects the Upload option and then tries to immediately download the uploaded data. As a consultant, you advise him not to do so because of which reason? (Choose the best answer.)
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A
This action causes the committed data to roll back, thereby revoking the changes processed.
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B
This action causes the committed data to download immediately, thereby obscuring the error messages.
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C
The data uploaded takes some time to be processed by the server and, therefore, when download is clicked immediately, it might still show the older data.
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D
When the Upload button is clicked, the data is loaded to a staging table and an upload process is triggered. This process has to complete successfully before the new data can be downloaded.
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Question 12
Single choice
A corporation has implemented Oracle Fusion Workforce Compensation for a manufacturing client. Which is the building block used in the calculation of deductions and exemptions? (Choose the best answer.)
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A
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B
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C
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D
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Question 13
Single choice
You have configured acompensation plan to include ratings from the performance management system. For one particular division, the performance ratings have not been finalized and are shown as blank on the compensation worksheet. The manager updates the performance rating whileallocating compensation. What happens in this case? (Choose the best answer.)
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A
The rating will be available to only the plan where it is updated.
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B
The rating will be available to all plans that are currently active.
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C
The rating will be available inthe Performance document in the performance system.
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D
The rating will be available to only the plans where the same manager is involved.
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Question 14
Multiple choice
While working on a budget sheet or a compensation worksheet, a manager chooses to use the "Export to Excel workbook" option to do his or her work. Which four of the following steps wouldhe or she need to perform upon clicking the "Export to Excel workbook" option and prior to finalizing his or her proposal and submitting it for approval? (Choose four.)
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A
Download and authenticate workbooks.
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B
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C
Filter the editsand upload only the edited fields.
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D
Resolve errors created by the uploaded file.
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E
Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
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F
Repeat the steps as many times asnecessary to accommodate the revisions.
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Correct answersA, C, D, E
Question 15
Multiple choice
Identify four correct history categories when setting up compensation history. (Choose four.)
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A
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B
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C
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D
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E
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F
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Correct answersB, C, D, E
ExplanationThe Compensation History summary table displays four categories of compensation: Base Pay, Other Compensation (one-time payments), Stock, and Recurring Payments. Compensation history automatically displays base pay and stock grants. You must add additional recurring nonbase pay and one-time compensation to history.
Question 16
Single choice
A corporation implemented Oracle Fusion Workforce Compensation. A Salary Basis has been created and attached to the workers anda 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.)
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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.
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B
A new Grade rate can be created and the Salary basis can be modified to include it.
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C
No new Grade rate can be created.
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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.
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Question 17
Single choice
How can youuse an earnings element to manage the calculation and payment of absences? (Choose the best answer.)
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A
Ensure that the input to the salary database item formula from the earnings element processes the absence element as Absence classification because payroll runs do not process elements in the Information or Absence classifications.
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B
Define a skip rule for the earnings element that triggers processing when it finds an entry for a non-absence element because payroll runs process elements in the Information or Absence classifications.
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C
Define the earnings element as nonrecurring for the absence element because payroll runs do not process nonrecurring elements in the Information or Absence classifications.
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D
Define a skip rule for the earnings element that triggers processing when it finds an entry for the absence element because payroll runs do not process elements in the Information or Absence classifications.
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Correct answerD
ExplanationReferences: http://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20376/F566545AN4D6 7C.htm(using the information or absence classification)
Question 18
Multiple choice
You have created a compensation plan and configured the plan details. However, when you try to run the "Start Compensation Cycle" process, you are not able to see the plan you created in the list that appears. Which three options could be possible reasons for this? (Choose three.)
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A
Your user role does not have access to view the plan.
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B
The compensation administrator or equivalent role is not attached to your plan.
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C
Accessto the compensation administrator role is restricted in Plan Access.
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D
Restrict Plan access is set to "NO"; however, the roles that are allowed are not specified.
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E
Restrict Plan access is set to "Yes" and the compensation administrator role is added tothe list of roles in "Plan access from Compensation work area."
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Correct answersA, C, E
ExplanationYour user role does not have access to view the plan. Check the Configure Plan Access task for the plan and verify the access for the compensation administrator role is not restricted. Also, verify that your user has the compensation administrator role or the proper security to run compensation batch processes.
Question 19
Single choice
What additional action would yourecommend to your customer for worker-administered plans to control plan availability in addition to HR actions? (Choose the best answer.)
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A
Manage Individual Contribution
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B
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C
Manage Variable Allocations
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D
Manage Worker Contributions
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E
Allocate Workforce Compensation
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Question 20
Multiple choice
As a Fusion implementation consultant, you are configuring Fusion HCM Compensation Management module for a manufacturing client. Which three statements are correct in relation to compensation statement display options? (Choose three.)
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A
You can hide table columns.
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B
You can configure display of zero values.
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C
You cannot hide regions for graphs ordescriptions at the statement definition setup level.
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D
You cannot exclude a category from the statement summary at the category setup level.
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E
You cannot include and hide the welcome message at the statement definition setup level.
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F
You can hide or show the estimated amount indicator at the category setup level.
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Question 21
Multiple choice
Identify three event-driven configurations that can be changed for the delivered variable allocation approval tasks as per business requirements. (Choose three.)
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A
Assignment and Routing Policies
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B
Escalation and Expiration Policies
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C
Approval and Rejection Policies
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D
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E
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Question 22
Multiple choice
Performance Ratings are enabled in a compensationplan and a Rating Model is supposed to be created. Which two mandatory tasks are involved in creating the Rating Model? (Choose two.)
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A
Create a Rating Level for the rating model.
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B
Review points with from and to points entered for the rating level.
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C
Populate Rating Categories for all rating levels.
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D
Create Target Distributions for each of the rating levels.
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Question 23
Single choice
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.)
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A
Allocation exceeding target
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B
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C
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D
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Correct answerC
ExplanationReferences: https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387136AN11E5B.ht m(see the note under worksheet)
Question 24
Single choice
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.)
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A
Configure one compensation plan and add as manyoptions 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.
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B
Configure as many compensation plans as there are allowed types andmodels of vehicles, because options cannot have eligibility profiles associated, and use different payroll elements for each of them.
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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.
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D
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.
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Question 25
Single choice
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.)
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A
A different salary basis associated with each assignment or employment term.
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B
One salary basis for all assignments and employment terms
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C
One salary basis for each assignment and one of them can be used for the employment terms
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D
One salary basis for each employment terms and one of them can be used for assignment
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Question 26
Multiple choice
If you enable Performance Ratings and rate workers within Workforce Compensation, which two statements are true? (Choose two.)
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A
Managers can rate workers as they allocate compensation.
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B
These ratings are used across compensation plan and cycles.
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C
The ratings are transferred to the Performance Management system or to HR.
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D
You can display compensation ratings given in the previous plan cycle as a column in the worksheet.
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Question 27
Single choice
In the workforce compensation work area, the Manager's Worksheet Status is "In Approvals". What progress has the compensation manager made through a workforce compensation cycle? (Choose the best answer.)
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A
A budget was published to the manager.
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B
The manager submitted his or her worksheet for approval.
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C
The first-level manager approved the manager's worksheet.
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D
The highest-level manager or approver in the approval hierarchy approved the manager's worksheet.
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E
The manager saved some changes to his or her worksheet.
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