Question 1

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.)

Options :

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.

Answer: C

Question 2

Which four options are valid refresh options for the Refresh Data process? (Choose four.)

Options :

A : Refresh HR Data

B : Refresh Base and Eligible Salary

C : Refresh Plan Access

D : Refresh Manager Hierarchy

E : Reevaluate Eligibility

F : Refresh Plan Currency

G : Refresh summary totals

Answer: A,D

Question 3

Your customer’s compensation has an itemized structure. The company wants to increase the Cost of Living allowance of the employees living in the New Jersey area by 3% to compensate for the increased living costs there. Which feature of Oracle Fusion Workforce Compensation can be used to achieve this? (Choose the best answer.)

Options :

A : Budget Pools

B : Plan Eligibility

C : Salary Component

D : Action and Action Reasons

E : Plan Access

Answer: C

Question 4

You have configured a compensation 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 while allocating compensation. What happens in this case? (Choose the best answer.)

Options :

A : The rating will be available to only the plan where it is updated.

B : The rating will be available to all plans that are currently active.

C : The rating will be available in the Performance document in the performance system.

D : The rating will be available to only the plans where the same manager is involved.

Answer: C

Question 5

Which three statements are true about individual compensation plans? (Choose three.)

Options :

A : A user’s ability to access or make updates to awards in individual compensation plans may be restricted by the user’s association to a Legislative Data Group.

B : Individual compensation plans are not necessary for payment of items such as spot bonus.

C : Individual compensation plans are necessary for payment of items such as spot bonus.

D : Workers are individual compensation plans to manage their own contributions to charitable or savings plans.

E : Individual compensation plans define compensation that managers can award to individual workers outside of the regular compensation cycle, such as spot bonus or education reimbursement.

Answer: A,C,D

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