Question 1

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 2

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

Question 3

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 4

A corporation has implemented Oracle Fusion Workforce Compensation. A Salary basis has been created tomanage employees’ salaries. It has a payroll element attached. As part of the Salary changes, when thecompensation manager is trying to update the Salary amounts, the same is not reflecting in the payrollelements entries of the employee.Identify the two possible causes for the issue. (Choose two.)

Options :

A : Automatic entry is checked for the payroll element used.

B : Automatic entry is checked at the element eligibility link for the payroll element used.

C : Salary basis is configured to be non-updatable.

D : No components are defined to handle these salary adjustments.

Answer: A,C

Question 5

An organization provides compensation such as salary and bonus earnings for its workers. It also trackscommissions and company-paid taxes for them.Which two statements are true when configuring the items? (Choose two.)

Options :

A : Benefit Balance will require you to specify the Legislative Data Group as the Additional Data Entry.

B : Element Entry will require you to specify the Legislative Data Group as the Additional Data Entry.

C : Formula will require you to specify the Legislative Data Group as the Additional Data Entry.

D : Payroll Balance will require you to specify the Legislative Data Group as the Additional Data Entry.

Answer: C,D

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