Your customer wants to configure a workforce compensation plan with multiple cycles. Identify two correct statements about plan cycles. (Choose two.)

Your customer wants to configure a workforce compensation plan with multiple cycles. Identify two correct statements about plan cycles. (Choose two.) Question: Your customer wants to configure a workforce compensation plan with multiple cycles. Identify two correct statements about plan cycles. (Choose two.) Options: A plan can have multiple compensation cycles, each with unique period … Read more

Which statement is correct about secondary element classifications?

Which statement is correct about secondary element classifications? (Choose the best answer.) Question: Which statement is correct about secondary element classifications? Options: They are user-defined and can be edited. They are user-defined and cannot be edited. They are predefined and can be edited. They are predefined and cannot be edited. Correct Answer The Correct Answer … Read more

When the compensation manager is trying to update the Salary amounts, the same is not reflecting in the payroll elements entries of the employee.

A corporation has implemented Oracle Fusion Workforce Compensation. A Salary basis has been created to manage employees’ salaries. It has a payroll element attached. As part of the Salary changes, when the compensation manager is trying to update the Salary amounts, the same is not reflecting in the payroll elements entries of the employee.Identify the … Read more

Which statement correctly describes the Back Out Workforce Compensation Data process?

The compensation manager wants to run the batch process to start the compensation cycle. Which statement correctly describes the Back Out Workforce Compensation Data process? (Choose the best answer.)Reference: http://www.erpknowledge com/ Question: Which statement correctly describes the Back Out Workforce Compensation Data process? Options: It backs out started and processed events for participants. It removes … Read more

What are the two correct options with respect to budgeting when the salary has multiple components?

What are the two correct options with respect to budgeting when the salary has multiple components? (Choose two.)If you use budgeting, you can have separate budgets for each component or link multiple components to a single budget. You can also link budgets to off-cycle compensation plans. For example, you can give a manager a single … Read more

Which two tasks are true about components in worksheet configurations?

Which two tasks are true about components in worksheet configurations? (Choose two.)Reference: https://docs.oracle.com/cd/E37583_01 /doc.1116/e22776/F387136AN11 E5B.htm (see worksheet, first bulleted point) Question: Which two tasks are true about components in worksheet configurations? Options: Plans must have at least one component if awarding compensation. You can create up to five components to represent the different types of … Read more

Which two actions occur when a manager is allocated a zero or null budget?

During the compensation review cycle, which two actions occur when a manager is allocated a zero or null budget? (Choose two.)You can distribute initial budgets for one or more managers in the hierarchy. When the budget is zero or null, managers have read only access to their budgets. A null budget contains no value. A … Read more

Which task in the Setup and Maintenance Work area is used to create deduction card overrides at the Payroll Statutory Unit level?

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.)Use the … Read more

Your client has set up an individual compensation plan for a contribution towards a retirement benefit.

Your client has set up an individual compensation plan for a contribution towards a retirement benefit. This contribution must be approved by the three-level manager hierarchy. While setting up the approval hierarchy, the compensation administrator wanted to set up notifications for any errors occurring during the workflow.Identify the three allowed options needed to set up … Read more

Which two statements are correct regarding the Calculation Factors?

A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up Calculation Factors for the deduction elements setup.Which two statements are correct regarding the Calculation Factors? (Choose two.) Question: Which two statements are correct regarding the Calculation Factors? Options: Calculation Factors indicate which deduction range to use when … Read more