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Your customer’s compensation managerneeds to know, what are the four valid statuses of the compensation worksheet? (Choose four.)
What happens if eligibility requirements are different for components than theyare for a plan? (Choose the best answer.)
A corporation has implementedOracle Fusion Workforce Compensation for a manufacturing client. As an implementation consultant, you are required to set up the Deduction elements to capture the employee’s personal contributions.
Which four can be categorized as Deduction components corresponding to payroll deduction elements? (Choose four.)
How would you control the task of determining if a person is eligible fora compensation plan? (Choose the best answer.)
A corporation has implemented Oracle Fusion Compensation for a manufacturing client. The Fusion consultant created a Bonus element with primary classification as Supplemental earning.
What is true about the subclassifications for the created element? (Choose the best answer.)
While validating the Workforce Compensation Plan Setup, the compensation administrator encounters the following Warning: “At least one column that adjusts salary is enabled but no components to be posted assalary are selected.” What should the compensation administrator do to eliminate this warning? (Choose the best answer.)
A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up the Deductions options.
If Deduction cards are supported at multiple levels, which task in the Setup and Maintenance Work area is used to create deduction card overrides at the Payroll Statutory Unit level? (Choose the best answer.)
A corporation has implemented Oracle Fusion Workforce Compensation. Per business requirements, the Fusion consultant must integrate Oracle Fusion Workforce Compensation with Oracle Fusion Benefits to fetch the value of Benefits Amountas one of the input values for the Benefit element to get the eligible salary of an employee for the compensation process.
Identify the option that will enable fetching of the Benefits Amount value. (Choose the best answer.)
You are configuring approvals under the Worksheets task list for an annual workforce compensation plan. Your customer wants the worksheets to be approved by different people other than the hierarchy determined for the plan.
How should you accomplish this? (Choose the best answer.)
Which two methods can be used by the compensation administrator to publish budgets? (Choose two.)
Your client’sorganization is a multi-country organization with headquarters in the US, and managers have direct reports in different countries.
In which three ways can the compensation currency be displayed? (Choose three.)
What are the two correct options with respect to budgeting when the salary has multiple components? (Choose two.)
What happens when you define Workforce Compensation Plan components but theemployees to whom the compensation change is being administered does not have any component in his or her salary? (Choose the best answer.)
A corporation implemented Fusion Compensation and wants to validate the salaries with the setup. Select the two options that are true about validation setup. (Choose two.)
Identify three correct statements about changes in an employee’s compensation when the employee’s FTE value changes in employment. (Choose three.)
Your customer provides compensation such as salary, bonus earnings (paid twice a year), commissions, stock options, and company-paid taxes to its workers. The customer wants you to implement Compensation Statements with graphs. Which three values of the graph column will you exclude? (Choose three.)
A corporation needs to set up a compensation plan for a vehicle allowance that will allow different amounts for different types and models of vehicles.
How can you achieve the desired results? (Choose the best answer.)
A corporation has implemented Oracle Fusion Workforce Compensation. The requirementis that Bonus Amount should be given only to the Full-Time Assignment category employees who work on weekly payroll. Additionally, the costing information must be transferred to General Ledger.
Which implementation approach is correct for creating the required element? (Choose the best answer.)
An administrator of a corporation must generate the compensation statements for the workers to notify them about their compensation details.
Identify the correct role that will give the administrator access to complete the process. (Choosethe best answer.)
You are configuring a plan cycle date that should be visible to managers on the Approvals tab sothat they can submit their worksheets before that date. But you do not want to enforce the date because you want the managers to be able to submit their worksheets even after the date is past. Which date should you use? (Choose the best answer.)
Plan access restrictions control the situations in which an individual compensation plan is available for allocations or contributions by a line manager or worker, and regulate a user’s ability to create, update, or discontinue allocations or contributions under the plan. What are three common decisions to make about plan access? (Choose three.)
TESTED 23 Apr 2024