Oracle 1Z0-330 Online Practice Questions and Exam Preparation

Oracle 1Z0-330 Online Questions & Answers

• Question 11:

  Which item is false regarding plan access? (Choose the best answer.)

  A. Compensation administrators have access to all plan configuration tasks for all plans.
  B. Compensation managers have access to the budget sheet and worksheets for all plans and employee administration tasks.
  C. A compensation administrator's general access cannot be overridden.
  D. A compensation administrator's general access can be overridden using roles.
  C. A compensation administrator's general access cannot be overridden.

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  Reference: https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387136AN11E5B.htm (plan foundation, second bullet)

• Question 12:

  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
  A. Line Manager
  B. Compensation Manager
  C. HR Specialist

• Question 13:

  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
  B. currency conversion date

• Question 14:

  While validating the Workforce Compensation Plan Setup, the compensation administrator encounters the following Warning: "At least one column that adjusts salary is enabled but no components to be posted as salary are selected." What should the compensation administrator do to eliminate this warning? (Choose the best answer.)

  A. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Eligible Salary Column Properties, select Yes for Post as Salary.
  B. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Percentage of Eligible Salary Column Properties, add an Element.
  C. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Compensation Amount Column Properties, select Yes for Post as Salary.
  D. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and enable Compensation Amount.
  E. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and enable Eligible Salary.
  C. In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Compensation Amount Column Properties, select Yes for Post as Salary.

• Question 15:

  You are responsible for configuring variable allocations to manage approvals for individual compensation plans. Your company wants to control plan availability by using defaults. What are the default attributes of the actionable Variable Allocation task? (Choose the best answer.)

  A. The task is only for notification and has no rules.
  B. The task applies to all allocations, uses two levels of the Supervisory list builder, and does not require a response from the current approver.
  C. The task applies to selected allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver.
  D. The task applies to all allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver.
  C. The task applies to selected allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver.

• Question 16:

  A corporation has implemented Oracle Fusion Workforce Compensation. The requirement is that Bonus Amount should be given only to the Full-Time Assignment category employees who work on weekly payroll. Additionally, the costing information must be transferred to General Ledger.

  Which implementation approach is correct for creating the required element? (Choose the best answer.)

  A. creating an input value and setting up costing information at the input value level
  B. creating status processing rules and setting up costing information at the status processing level
  C. creating an element eligibility link and setting up costing information at the link level
  D. creating an auto-indirect rule and setting up costing information at the auto-indirect level
  C. creating an element eligibility link and setting up costing information at the link level

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  Reference: https://docs.oracle.com/cd/E18727_01/doc.121/e13559/T8916T8918.htm

• Question 17:

  During the Compensation Review cycle for the year 2014-15, the manager processes his direct reports compensation changes per the model created by him. After making the changes in the worksheet, the manager submits the proposed changes to the next level manager in the hierarchy for approval. What will the Manager status appear as in the workforce compensation area? (Choose the best answer.)

  A. In Approvals
  B. Processed
  C. Fully Approved
  D. Submitted
  E. Work in Progress
  A. In Approvals

• Question 18:

  Identify the two valid formula types applicable for Workforce Compensation Plans. (Choose two.)

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

• Question 19:

  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 setting up the properties of the column as updatable only once
  B. by deselecting the Refresh Data triggering event in the dynamic column
  C. by deselecting the Start Compensation Cycle triggering event in the dynamic column
  D. by deselecting the Change Worksheet Data triggering event in the dynamic column
  C. by deselecting the Start Compensation Cycle triggering event in the dynamic column

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  Reference: http://www.oracle.com/technetwork/fusion-apps/compensationguide-1579327.pdf

• Question 20:

  A corporation started giving performance bonuses to eligible employees on a monthly basis. As a compensation administrator, you are required to display performance bonuses with similar or related compensation items. How will you configure this requirement in the Fusion application? (Choose the best answer.)

  A. Attach performance bonuses to similar compensation items.
  B. Attach performance bonuses to similar compensation categories/subcategories.
  C. Attach performance bonuses to similar elements.
  D. Attach performance bonuses to similar sources.
  A. Attach performance bonuses to similar compensation items.