Oracle Workforce Compensation Cloud 2017 Implementation Essentials (1Z0-330) Free Practice Test

Question 1

When a manager clicks the "Prepare in workbook" option, while processing compensation changes, what population would she or he see in the exported Excel spreadsheet?
(Choose the best answer.)

A. Entire organization's population under that manager

B. Worksheet population

C. Direct Reports

D. Budget sheet population

E. The filtered population

Correct Answer: B

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Question 2

Identify three correct statements about changes in an employee's compensation when the employee's FTE value changes in employment. (Choose three.)

A. If the salary start date is after the current date (that is, it is a future-dated salary record), the FTE value is fetched as of the salary start date and Annual Salary and Annual FT Salary are calculated by using that value.

B. If the salary record end date is the same as the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.

C. If the salary record has the end date after the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.

D. If the salary record has the end date before the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.

E. If the salary record end date is 31-DEC-4712 (that is, the date is "blank" in the salary UI), the FTE value is fetched as of the current system date and Annual Salary and Annual FT Salary are calculated by using that value.

Correct Answer: E

Question 3

What is the maximum number and kind of items that you can add when defining a custom category? (Choose the best answer.)

A. five custom columns

B. three custom columns

C. three subcategories

D. three items

Correct Answer: A

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Question 4

How would you control the task of determining if a person is eligible for a compensation plan? (Choose the best answer.)

A. a mix of element eligibility and eligibility profiles

B. through element eligibility only, never with eligibility profiles

C. either with eligibility profiles or through element eligibility

D. with the eligibility profiles, never through element eligibility

Correct Answer: A

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Question 5

As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for the same. Which four source types are available for selection while creating a compensation item for the total compensation statement? (Choose four.)

A. Payroll Balance

B. Input Value

C. Benefit Balance

D. Formula

E. Deduction Range

F. Element Entry

Correct Answer: A,C,D,F

Question 6

Which alert is advised to be disabled when you are using HCM co-existence between Oracle PeopleSoft HCM and Oracle Fusion Compensation? (Choose the best answer.)

A. Leave of Absence

B. Allocation exceeding target

C. Any custom alert

D. Employee termination

Correct Answer: A

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Question 7

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.)

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

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

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

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

Correct Answer: B,C,D

Question 8

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

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

B. 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.

C. Individual compensation plans are not 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. 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.

Correct Answer: A,B,D

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Question 9

A compensation administrator has set up a Workforce Compensation Plan with Budget Pools. Manager Level Budgeting is enabled for the pool and default budget values have been configured for the following columns on the Configure Budget Page Layout page:
* Budget Distribution Amount or Budget Distribution Percentage columns on the Detail Table tab
* Budget Amount or Budget Percentage columns on the Summary Columns tab To distribute the budgets automatically, the compensation administrator should run
_ _________. (Choose the best answer.)

A. the Start Compensation Cycle process

B. the Start Compensation Cycle process. After this, the Administrator should create a model to distribute the budgets.

C. the Validate Plan Setup process

D. the Refresh Data process

Correct Answer: B

Question 10

While configuring the Budget page, you are setting the properties of the Job column.
Which two sections are available in the properties for the Job column? (Choose two.)

A. Legal Employer

B. Information

C. Default Value

D. General

Correct Answer: C,D

Question 11

While working on the compensation changes in an Excel workbook, a manger selects the Upload option and then tries to immediately download the uploaded data. As a consultant, you advise him not to do so because of which reason? (Choose the best answer.)

A. The data uploaded takes some time to be processed by the server and, therefore, when download is clicked immediately, it might still show the older data.

B. This action causes the committed data to roll back, thereby revoking the changes processed.

C. This action causes the committed data to download immediately, thereby obscuring the error messages.

D. When the Upload button is clicked, the data is loaded to a staging table and an upload process is triggered. This process has to complete successfully before the new data can be downloaded.

Correct Answer: D

Question 12

A corporation has implemented Oracle Fusion Workforce Compensation. A custom element was created to capture the entry value for four input values. Data load is performed by the Batch Loader, but the associated Daily Business Intelligence (DBI) is returning the entry value corresponding only to the first input value.
Identify the option that will enable the DBI to return all the input variables. (Choose the best answer.)

A. Create a new element from scratch.

B. Delete the existing element link and create a new element link, which will automatically create all four input values.

C. This scenario cannot be implemented.

D. Create status processing rules for the input values.

Correct Answer: A

Question 13

Your client has a requirement where work-at-home assignments are not eligible for an employee compensation revision cycle. To facilitate capturing work-at-home assignment, you have created a custom column and associated a List of Values (LOV) with values
"Yes" and "No". Now you wish to create an eligibility profile around this. Which is the correct option? (Choose the best answer.)

A. User-defined-criteria-based eligibility profile on "Work-at-home" and value = "Yes" with exclude option selected

B. User-defined-criteria-based eligibility profile on "Work-at-home" and value = "No" with exclude option selected

C. Derived-factor-based eligibility profile based on the "Work-at-home" column

D. User-defined-criteria-based eligibility profile on "Work-at-home" and value = "Yes" with exclude option deselected

Correct Answer: A

Question 14

As an implementation consultant, you have defined a total compensation statement. From a security perspective, you are required to identify a key user who will have access to view the total compensation statement.
Which role is mandatory to view the compensation statement? (Choose the best answer.)

A. Compensation Specialist

B. Compensation Executive

C. Compensation Manager

D. Compensation Analyst

Correct Answer: D

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Oracle Workforce Compensation Cloud 2017 Implementation Essentials (1Z0-330) Free Practice Test