Question 1

What are the two correct options with respect to budgeting when the salary has multiple components? (Choose two.)

Options :

A : Budgets can be separate for each component.

B : Budgets cannot be separate for each component.

C : Multiple components can have a single budget.

D : Multiple components cannot have a single budget.

Answer: A,C

Question 2

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.)

Options :

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.

Answer: A,C,D

Question 3

What are two attributes of primary element classifications? (Choose two.)

Options :

A : They are globally applicable.

B : They are editable.

C : They are user defined.

D : They are not editable.

E : They are predefined.

Answer: C,D

Question 4

A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up compensationhistory.Identify the three correct options regarding the various compensations shown in the history. (Choose three.)

Options :

A : Compensation history displays six categories of compensation.

B : Compensation history automatically retrieves salary and stock-related information. The Recruiting payments and other categories have to be added manually.

C : Compensation history shows one-time payments in other compensation and allowances paid regularly in recruiting payments.

D : The summary in the compensation history shows the data for only five years.

Answer: B,C,D

Question 5

Which four statements are true if you enable Performance Ratings and integrate with Oracle Fusion Performance Management? (Choose four.)

Options :

A : You can display overall and calculated performance ratings given in the Performance Management system and provide access to the full performance document from within the worksheet.

B : You select the performance template or document name and the period to make available, and whether to display only completed ratings or ratings in any status.

C : You have the option to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.

D : You need to refresh the HR data for ratings updated in Performance Management so they are updated in the worksheet.

E : You can also display the Performance Rating History column in the worksheet to see historical ratings given in the Performance Management system.

Answer: A,B,C,D

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