Question 1

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

Options :

A : Budgets can be separate for each component.

B : Budgets cannot be separate for each component.

C : Multiple components can have a single budget.

D : Multiple components cannot have a single budget.

Answer: A,C

Question 2

Your customer’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

Worksheet Update 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.)

Options :

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 effective date must be later that the worker’s payroll last standard process date.

C : The salary adjustment or lumpsum effective date must be earlier than or equal to the worker’s termination date.

D : The salary adjustment or lumpsum must be manually calculated and added for such workers.

E : Terminated workers should be excluded from being processed in Workforce Compensation plans.

Answer: C

Question 3

A corporation is implementing Oracle Fusion Workforce Compensation and must set up compensation history. Identify the three correct options regarding the salary component. (Choose three.)

Options :

A : The base rate shown in the salary section is the most recent pay rate.

B : The base rate shown in the salary section is the average of the pay rate for the entire year.

C : The growth rate shown in the details shows both cumulative and average annual salary growth rates.

D : The base rate shown in the previous years is the pay rate on 31 December of each year.

Answer: A,C,D

Question 4

Which three statements are true about individual compensation plans? (Choose three.)

Options :

A : A user’s ability to access or make updates to awards in individual compensation plans may be restricted by the user’s association to a Legislative Data Group.

B : Individual compensation plans are not necessary for payment of items such as spot bonus.

C : Individual compensation plans are necessary for payment of items such as spot bonus.

D : Workers are individual compensation plans to manage their own contributions to charitable or savings plans.

E : Individual compensation plans define compensation that managers can award to individual workers outside of the regular compensation cycle, such as spot bonus or education reimbursement.

Answer: A,C,D

Question 5

During the compensation review cycle, which two actions occur when a manager is allocated a zero or null budget? (Choose two.)

Options :

A : The manager can manually allocate some budget for his team.

B : The manager does not have access to the plan.

C : The manager will have read-only access.

D : The available budget becomes negative when the manager makes allocations.

Answer: A,C

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