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Oracle Workforce Compensation Cloud 2017 Implementation Essentials (1Z1-330) Free Practice Test

Question 1
Plan access restrictions control the situations in which an individual compensation plan is available for allocations or contributions by a line manager or worker, and regulate a user's ability to create, update, or discontinue allocations or contributions under the plan. What are three common decisions to make about plan access? (Choose three.)

Correct Answer: C,D,E
Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).
Question 2
A compensation manager of a corporation is setting up a new salary basis for the employees.
Which statement is true about payroll elements set up for a salary basis? (Choose the best answer.)

Correct Answer: A
Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).
Question 3
A corporation is implementing Oracle Fusion Workforce Compensation and needs to give a spot bonus for a new hire as well as give the same for special recognition for employees.
Identify the correct option that will enable the organization to achieve the desired results.
(Choose the best answer.)

Correct Answer: B
Question 4
A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up the following for all employees:
* Salary paid based on the grades of employees.
* Car allowance paid based on the department and position.
* Spot bonus paid based on a committee's decision.
Identify the correct option for the setup. (Choose the best answer.)

Correct Answer: B
Question 5
The compensation administrator wants to run the batch process to administer the compensation cycle. Which are the four valid batch processes in terms of the compensation module? (Choose four.)

Correct Answer: A,B,D,F
Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).
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.)

Correct Answer: A
Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).
Question 7
Identify three correct statements about changes in an employee's compensation when the employee's FTE value changes in employment. (Choose three.)

Correct Answer: E
Question 8
A corporation is implementing Oracle Fusion Workforce Compensation and the new salary basis is being created.
For an hourly paid employee, which option is true regarding the Annualization factor in the salary basis? (Choose the best answer.)

Correct Answer: C
Question 9
As compensation manager, you are generating a total compensation statement for a corporation. Which two options are mandatory to be used as inputs while generating the total compensation statement? (Choose two.)

Correct Answer: C,D
Question 10
As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items?
(Choose two.)

Correct Answer: B,D
Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).
Question 11
Which three statements are true about individual compensation plans? (Choose three.)

Correct Answer: A,B,D
Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).
Question 12
Your customer's compensation manager needs to know, what are the four valid statuses of the compensation worksheet? (Choose four.)

Correct Answer: A,C,E,F
Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).
Question 13
As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for Salary, Merit Increase, and so on.
Identify one set of values that Compensation Items can hold. (Choose the best answer.)

Correct Answer: A
Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).