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| Section | Objectives |
|---|---|
| Topic 1: Individual Compensation | - Awards and Compensation Management
|
| Topic 2: Workforce Compensation Plans | - Plan Configuration
|
| Topic 3: Elements, Balances, and Formulas | - Manage Balances - Define Elements - Write Fast Formulas |
| Topic 4: Total Compensation Statements | - Statement Configuration
|
| Topic 5: Base Pay | - Salary Administration
|
| Topic 6: Compensation Foundation | - Compensation Components Setup
|
| Topic 7: Workforce Compensation Processing | - Compensation Cycle Management
|
| Topic 8: Compensation Analytics and Reporting | - Compensation Analytics - Audit and Monitoring - Workforce Compensation Reports |
1. Your customer must use Grade Ladders to suitthe industry in which it operates. How should you define the Grade Ladders that the customer needs? (Choose the best answer.)
A) by using steps and rate values
B) by associating the Grade Ladders with legal entities
C) byusing Min, Max, and Mid Point rate values
D) by using LDG-specific Grade Min, Max, and Mid Point rate values
2. Which three statements are true about payroll deductions? (Choose three.)
A) Wage basis rules are defined at the personal level and the context value for the rule is captured on the deduction card.
B) A personal deduction card contains person-specific information that is used to calculate the deduction amount.
C) A payroll deduction comprises the rates and rules that are used to calculate the deductionamount.
D) The rates and rules that are defined on a personal deduction card cannot override the values that are defined in the deduction ranges at the legislative level.
E) The deduction element's status processing rule drivesthe calculation, accessing the rates and rules that are defined for the related payroll deduction and the values that are captured on a personal deduction card.
3. Yourcustomer's Workforce Compensation Plan for Annual Salary Review is set up with the following dates in the Plan Cycle:
* Evaluation Period Start Date: 1-Jan-2014
* Evaluation Period End Date: 31-Dec-2014
* Worksheet Update Period Start Date: 1-Jan-2014
* WorksheetUpdate Period End Date: 31-Dec-2014
* HR Data Extraction: 31-Dec-2014
* Eligibility Determination Date: 31-Dec-2014
There is a worker with a termination date of 30-Oct-2014. When the Transfer Data to HR process is run, it fails for this worker. What should you do to successfully add the lump sum award element entries and salary adjustments? (Choose the best answer.)
A) The worker termination date should be changed to reflect the same date as the HR Data Extraction date.
B) The salary adjustment or lumpsum must be manually calculated and added for such workers.
C) Terminated workers should be excluded from being processed in Workforce Compensation plans.
D) The salary adjustment or lumpsum effective date must be later that the worker's payroll last standard process date.
E) The salary adjustment or lumpsum effective date must be earlier than or equal to the worker's termination date.
4. Your customer wants to limit contributions to a particular individual compensation plan to workers with at leasta year of service. How should you accomplish this? (Choose the best answer.)
A) Create a derivedfactor, and then create the eligibility profile and plan.
B) Create an eligibility profile with the exclude option and associate it with the plan
C) Create a relevant eligibility profile and associate it with the plan.
D) Use a fast formula to restrict access to the plan.
E) Create user-defined criteria, and then create the eligibility profile and plan.
5. A corporation implemented Oracle Fusion Core HR on a three-tier model with Multiple Employment Terms with Multiple Assignments as the employment model. An employee of the corporation has multiple assignments and multiple employment terms on different payroll frequencies.
What kind of salary basis must be associated with the employee? (Choose the best answer.)
A) One salary basis for each assignment and one of them can be used for the employment terms
B) One salary basis for allassignments and employment terms
C) A different salary basis associated with each assignment or employment term.
D) One salary basis for each employment terms and one of them can be used for assignment
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A,C,E | Question # 3 Answer: E | Question # 4 Answer: C | Question # 5 Answer: D |
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