Oracle Workforce Compensation Cloud 2017 Implementation Essentials - 1Z0-330 FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 1

What additional action would you recommend to your customer for worker-administered plans to control plan availability in addition to HR actions? (Choose the best answer.)

A. Manage Contributions B. Manage Individual Contribution C. Manage Variable Allocations D. Allocate Workforce Compensation E. Manage Worker Contributions

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Correct Answer: D Vote an answer

Question 2

As an implementation consultant, you are defining entry values for an element in the Fusion application.
Which statement is true about selecting the rules for the element's entry value? (Choose the best answer.)

A. An element with the Automatic Entry option selected can allow multiple entries in the same period. B. An element with the Automatic Entry option not selected cannot allow multiple entries in the same period. C. An element with the Automatic Entry option selected cannot allow multiple entries in the same period. D. An element with the Automatic Entry option selected can allow multiple entries in the same period, and an element with the Automatic Entry option not selected cannot allow multiple entries in the same period.

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Correct Answer: C Vote an answer

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Question 3

As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items?
(Choose two.)

A. Compensation items are the foundation upon which the Compensation Statement is built. B. Compensation items need not be mapped to the specific source from which the compensation information is retrieved. C. Compensation items cannot be used across statement definitions. D. Compensation items can be added to statement definitions directly. E. Compensation items are added to a compensation category to include them in statements.

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Correct Answer: A,E Vote an answer

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Question 4

As an implementation consultant, you have defined a total compensation statement. From a security perspective, you are required to identify a key user who will have access to view the total compensation statement.
Which role is mandatory to view the compensation statement? (Choose the best answer.)

A. Compensation Analyst B. Compensation Executive C. Compensation Specialist D. Compensation Manager

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Correct Answer: A Vote an answer

Question 5

How can you use an earnings element to manage the calculation and payment of absences? (Choose the best answer.)

A. Define a skip rule for the earnings element that triggers processing when it finds an entry for a non-absence element because payroll runs process elements in the Information or Absence classifications. B. Define a skip rule for the earnings element that triggers processing when it finds an entry for the absence element because payroll runs do not process elements in the Information or Absence classifications. C. Define the earnings element as nonrecurring for the absence element because payroll runs do not process nonrecurring elements in the Information or Absence classifications. D. Ensure that the input to the salary database item formula from the earnings element processes the absence element as Absence classification because payroll runs do not process elements in the Information or Absence classifications.

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Correct Answer: B Vote an answer

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Question 6

Which five tasks can be performed by a compensation manager? (Choose five.)

A. Promote and rate worker performance while allocating compensation. B. Review and approve work of Superior Manager. C. Determine compensation amounts offline by downloading details to a spreadsheet. D. Generate company-configured compensation change statements to notify workers of a compensation award, job change, or performance rating assignment. E. Analyze proposed changes for equity among peer groups and by manager, alignment with the market, and pay for performance strategies. F. Allocate compensation.

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Correct Answer: A,C,D,E,F Vote an answer

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Question 7

A corporation is implementing Oracle Fusion Workforce Compensation and has set up an individual compensation plan for a contribution. This contribution has to be approved by the four members in parallel.
Identify the correct option regarding parallel approvals. (Choose the best answer.)

A. Parallel approvals are supported and can be configured using Static approval groups.
Only after all the approvers approve will the process end. B. Parallel approvals are supported by configuring the Application role option in the Resource list builder. Only after all the approvers approve will the process end. C. A parallel approval option is not available and any approval configured is always sequential. D. Parallel approvals are not fully supported, but notifications can be sent to all members in parallel using the list builder resource option and configuring Application Role. However, the first person who claims the notification can approve it, and this ends the process and the other members lose control over the approval of the notification.

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Correct Answer: A Vote an answer

Question 8

When initiating an award, what is correct regarding possible workflow tasks? (Choose the best answer.)

A. You must use VariableAllocationFYITask and not VariableAllocationTask. B. You must use VariableAllocationTask and edit the rules if using only for notification. C. You must use VariableAllocationTask and not VariableAllocationFYITask. D. You may use either VariableAllocationTask and VarialbeAllocationFYITask

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Correct Answer: A Vote an answer

Question 9

Your customer wants to give its employees a way to donate to charity. This donation could be started anytime in the year and can be updated or stopped only during the month of September.
Identify the correct set of plan restriction to achieve the desired results. (Choose the best answer.)

A. The individual compensation plan must be set up with the following restrictions:
New Allocations: Always
Update Allocations: Specific period Sep 1- Sep 30
Withdraw Allocations: Specific period Sep 1 - Sep 30 B. The individual compensation plan must be set up with "NO" for plan access restriction. C. The individual compensation plan must be set up with the following restrictions:
New Allocations: Always
Update Allocations: Specific period Sep 1-Sep 30
Discontinue Allocations: Specific period Sep 1 - Sep 30 D. The individual compensation plan must be set up with the following restrictions:
Create Allocations: Always
Update Allocations: Specific period Sep 1 - Sep 30
Discontinue Allocations: Specific period Sep 1 - Sep 30

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Correct Answer: A Vote an answer