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| Section | Objectives |
|---|---|
| Topic 1: Security and Administration | - Access and approval flows - Roles and data security for compensation |
| Topic 2: Total Compensation Configuration | - Budgeting and allocation rules - Compensation statements setup |
| Topic 3: Base Compensation Configuration | - Salary basis setup - Grade, grade step, and salary structure configuration |
| Topic 4: Elements and Compensation Basics | - Element configuration and usage in compensation plans - Earnings and deductions setup |
| Topic 5: Workforce Compensation Implementation | - Compensation plans setup - Eligibility and workforce rules |
1. Which statement is true regarding elements? (Choose the best answer.)
A) Elements have possibly multiple primary classifications, one secondary classification, and one subclassification.
B) Elements have possibly multiple primary classifications, possible multiple secondary classifications, and possibly multiple subclassifications.
C) Elements have one primary classification, possibly multiple secondary classifications, and possibly multiple subclassifications.
D) Elements have one primary classification, one secondary classification, and possibly multiple subclassifications.
E) Elements have one primary classification, one secondary classification, and one subclassification.
2. As a compensation manager, in which four cases would you find an employee newly added to your worksheet? (Choose four.)
A) A loaned employee in your organization returns after assignment completion.
B) An employee leaves an organization.
C) An employee's data has been corrected by HR and it now satisfies the eligibility criteria.
D) An intern in your organization gets his place confirmed as an employee.
E) A contingent employee becomes a regular employee.
F) An employee transfers into your organization.
3. A corporation implemented Oracle Fusion Workforce Compensation. A salary basis has been created and attached to the employee and a compensation cycle has been run. The corporation wants to include a new component as part of the salary basis.
Which three are predefined components? (Choose three.)
A) Market adjustment due to salary being out of line with the market
B) Regular and automatic adjustment
C) Adjustment due to corrections within the organization
D) Equity adjustment to correct salary compression or inversion
4. 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) A different salary basis associated with each assignment or employment term.
C) One salary basis for each employment terms and one of them can be used for assignment
D) One salary basis for all assignments and employment terms
5. As an implementation consultant, you are required to define a total compensation statement. To construct the total compensation statement, you must follow a set of activities in sequence.
Select the correct sequence to construct a total compensation statement. (Choose the best answer.)
A) Create compensation items > generate a statement > specify the statement period and display options > arrange categories hierarchically in the statement definition > attach items to compensation categories.
B) Create compensation items > attach the items to compensation categories > arrange categories hierarchically in the statement definition > specify the statement period and display options > generate the statement.
C) Create compensation items > attach the items to compensation categories > generate the statement > specify the statement period and display options > arrange categories hierarchically in the statement definition.
D) Create compensation items > specify the statement period and display options > arrange categories hierarchically in the statement definition > attach items to compensation categories > generate the statement.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A,C,E,F | Question # 3 Answer: A,B,D | Question # 4 Answer: C | Question # 5 Answer: B |
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