What is the correct way to set up the salary bases?

A corporation is implementing Oracle Fusion Workforce Compensation and must set up salary bases. Employees are assigned different grades within the organization and the salaries are dependent on the grades.What is the correct way to set up the salary bases? (Choose the best answer.)

Question:

What is the correct way to set up the salary bases?

Options:

Set up different salary bases for different grades with the same payroll element. The frequency of both salary basis and the grade rate should match.

Set up different salary bases for different grades and different payroll elements, because the payroll element can be attached to only one salary basis. The frequency of both salary basis and grade rate should match.

Set up different salary bases for different grades with the same payroll element. The frequency of both salary basis and grade rate need not match.

Set up different salary bases for different grades and different payroll elements, because the payroll element can be attached to only one salary basis. The frequency of both salary basis and grade rate need not match.

Correct Answer

The Correct Answer for this Question is

Set up different salary bases for different grades and different payroll elements, because the payroll element can be attached to only one salary basis. The frequency of both salary basis and grade rate should match.

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *