Oracle 1Z0-330 Online Practice Questions and Exam Preparation

Oracle 1Z0-330 Online Questions & Answers

• Question 41:

  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 base rate shown in the salary section is the most recent pay rate.
  B. The base rate shown in the salary section is the average of the pay rate for the entire year.
  C. The growth rate shown in the details shows both cumulative and average annual salary growth rates.
  D. The base rate shown in the previous years is the pay rate on 31 December of each year.
  A. The base rate shown in the salary section is the most recent pay rate.
  C. The growth rate shown in the details shows both cumulative and average annual salary growth rates.
  D. The base rate shown in the previous years is the pay rate on 31 December of each year.

• Question 42:

  While configuring the Budget page, which five tabs are available in Page Layout? (Choose five.)

  A. Budgeting
  B. Summary
  C. Detail table
  D. Worker List
  E. Actions
  F. Comments
  G. Information
  A. Budgeting
  B. Summary
  C. Detail table
  D. Worker List
  E. Actions

• Question 43:

  Which three tasks are part of Plan Foundation Configuration Options? (Choose three.)

  A. Components
  B. Plan Currency
  C. Plan Access
  D. Alerts
  E. Feedback Survey
  B. Plan Currency
  C. Plan Access
  E. Feedback Survey

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  Reference: http://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20376/F606893AN43594.htm (plan foundation)

• Question 44:

  Performance ratings are enabled in the compensation plan. Which three statements are correct regarding performance ratings? (Choose three.)

  A. If you use performance ratings while allocating compensation, you can display the latest ratings to the managers during the compensation cycle.
  B. You can allow managers to enter performance ratings during the compensation cycle to be used only in the compensation plan.
  C. You cannot make completed performance document and corresponding ratings from Oracle Fusion Performance Management available to managers in the compensation worksheet.
  D. You can allow managers to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.
  A. If you use performance ratings while allocating compensation, you can display the latest ratings to the managers during the compensation cycle.
  B. You can allow managers to enter performance ratings during the compensation cycle to be used only in the compensation plan.
  D. You can allow managers to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.

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  Reference: https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387136AN11E5B.htm (worksheet, performance ratings)

• Question 45:

  The Fusion Compensation module must be integrated with Fusion Performance Rating. In which three ways can the performance rating be made available? (Choose three.)

  A. Integrate with Oracle Fusion Performance Management.
  B. Use compensation performance ratings.
  C. Use both Performance Management ratings and compensation ratings.
  D. Integrate with Oracle Fusion Goal Management.
  E. Integrate with Oracle Fusion Profile Management.
  B. Use compensation performance ratings.
  C. Use both Performance Management ratings and compensation ratings.
  D. Integrate with Oracle Fusion Goal Management.

• Question 46:

  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 would he 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.)

  A. Download and authenticate workbooks.
  B. Edit the workbook data.
  C. Filter the edits and upload only the edited fields.
  D. Resolve errors created by the uploaded file.
  E. Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
  F. Repeat the steps as many times as necessary to accommodate the revisions.
  A. Download and authenticate workbooks.
  C. Filter the edits and upload only the edited fields.
  D. Resolve errors created by the uploaded file.
  E. Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.

• Question 47:

  You have created a total compensation statement. However, you are not able to see one of the categories in the summary section on the left pane. What is the reason for this? (Choose the best answer.)

  A. The category does not have employee contribution.
  B. The category does not have employer contribution.
  C. The category has been added as a subcategory.
  D. The category does not have a graph defined in it.
  C. The category has been added as a subcategory.

• Question 48:

  You client has a requirement that allows a salary adjustment based on the number of dependents the employee has, and this allowance must be mapped to a separate component. Because this allowance cannot have a logical mapping with any of the predefined components, you decide to create a new salary component called "Family Allowance".

  Which option would you use to achieve this? (Choose the best answer.)

  A. The Configure Compensation Component task in Manage plans
  B. The Salary Component Lookup
  C. It is not possible to achieve this, because only the delivered salary components can be used.
  D. The Compensation Models
  A. The Configure Compensation Component task in Manage plans

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  Reference: https://docs.oracle.com/cd/E60665_01/common/FAIWC/ F1477720AN1CD0E.htm#F1477720AN1CD0E

• Question 49:

  While working on the compensation changes in an Excel workbook, 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.)

  A. This action causes the committed data to roll back, thereby revoking the changes processed.
  B. This action causes the committed data to download immediately, thereby obscuring the error messages.
  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.
  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.
  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.

• Question 50:

  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. 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.
  B. A new Grade rate can be created and the Salary basis can be modified to include it.
  C. No new Grade rate can be created.
  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.
  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.