Question 1

Which four tasks are part of Worksheet Configuration Options? (Choose four.)

Options :

A : Models

B : Components

C : Performance ratings

D : Compensation change statements

E : Alerts

F : Plan cycles

Answer: A,B,C,D

Question 2

Your customer awards three types of bonuses to its workers: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. All three bonuses are awarded by using element entries.How would you configure the Compensation Statement? (Choose the best answer.)

Options :

A : Create one Compensation Item as Bonus and specify the source type as Element Entry. Associate the three elements with the Compensation Item.

B : Create three Compensation Items: Joining Bonus, Ad-hoc bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective elements with the respective Items

C : Create one Compensation Category as Bonus and specify the source type as Element Entry. Associate the three elements with the Compensation Category.

D : Create three Compensation Categories: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective Elements with the respective Categories.

Answer: B

Question 3

An Organization tracks compensation that is not stored in the Benefit Balance, Element Entry, External Data, and Payroll Balance source types. Which three statements are true about configuring Compensation Items for a Compensation Statement? (Choose three.)

Options :

A : Currency can be used as Context when implementing the source type for such Items.

B : Effective Date can be used as Context when implementing the source type for such Items.

C : Legislative Data Group ID can be used as Context when implementing the source type for such Items.

D : Manager ID can be used as Context when implementing the source type for such Items.

E : Person ID can be used as Context when implementing the source type for such Items.

Answer: A,B,C

Question 4

Your client is a consumer goods wholesaler. The client’s organization has five departments. While performingcompensation budgeting activity, the client has a policy that the departments that have exceeded their salestargets receive an additional budget to reward the employees in that department. In the current year, only theElectronics department has exceeded its sales target.How would the compensation manager allocate the extra budget to the manager of the ElectronicsDepartment? (Choose the best answer.)

Options :

A : Publish the original budgets to all managers, followed by publishing the extra budget to only the manager of the Electronics department.

B : Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.

C : Initiate budgets automatically by using the Start Compensation Cycle process.

D : Request excess budget allocation from the manager above him.

Answer: A

Question 5

A corporation is implementing Oracle Fusion Workforce Compensation and needs to give a spot bonus for anew hire as well as give the same for special recognition for employees.Identify the correct option that will enable the organization to achieve the desired results. (Choose the bestanswer.)

Options :

A : Configure the spot bonus as an individual compensation plan and add “Hire” as an action. Then, after an employee is hired, this plan can be added to employees anytime.

B : Configure the spot bonus as an individual compensation plan and add “Hire” as an action so that for HR action “Hire”, this bonus can be added. Also add “Manage Individual Compensation,” which will enable Managers to add it to reportees.

C : Configure the spot bonus as an individual compensation plan and add “Hire” as an action so that for HR action “Hire,” this bonus can be added. Also add “Manage Contributions,” which will enable managers to add it to reportees.

D : Configure the spot bonus as an individual compensation plan and add “All” as an action so that this plan can be added to anyone at any time.

Answer: D

Free 1D0-1049-26-D Mock Exam – Practice Online Confidently

Buying Options: