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

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

A corporation started giving performance bonuses to eligible employees on a monthly basis. As acompensation administrator, you are required to display performance bonuses with similar or relatedcompensation items.How will you configure this requirement in the Fusion application? (Choose the best answer.)

Options :

A : Attach performance bonuses to similar compensation items.

B : Attach performance bonuses to similar compensation categories/subcategories.

C : Attach performance bonuses to similar elements.

D : Attach performance bonuses to similar sources.

Answer: B

Question 4

A corporation is implementing Oracle Fusion Workforce Compensation. Different currencies are set at theLegislative Data Group level, the Organization payment level, the Bank account level, and the payroll elementlevel.The currency shown while configuring salary basis comes from which level? (Choose the best answer.)

Options :

A : From the input value of the payroll element

B : From the Legislative Data Group level, because that is the highest level in the hierarchy.

C : From the Organization payment level, because the compensation is finally paid through this

D : From the Bank account level

Answer: B

Question 5

The compensation administrator wants to run the batch process to administer the compensation cycle. Which are the four valid batch processes in terms of the compensation module? (Choose four.)

Options :

A : Start Workforce Compensation Cycle

B : Refresh Workforce Compensation Data

C : Transfer Workforce Compensation Data to HR

D : Adjust Workforce Compensation Enrollment Window

E : Back Out Workforce Compensation Data

F : Evaluate Workforce Compensation Participation

Answer: A,B,C

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