Oracle Workforce Compensation Cloud 2018 Implementation Essentials (1Z0-1000) Free Practice Test

Question 1

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 2

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.)

A. Start Workforce Compensation Cycle

B. Back Out Workforce Compensation Data

C. Evaluate Workforce Compensation Participation

D. Refresh Workforce Compensation Data

E. Adjust Workforce Compensation Enrollment Window

F. Transfer Workforce Compensation Data to HR

Correct Answer: A,B,D,F

Question 3

A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up compensation history.
Identify the three correct options regarding the various compensations shown in the history. (Choose three.)

A. Compensation history automatically retrieves salary and stock-related information. The Recruiting payments and other categories have to be added manually.

B. Compensation history displays six categories of compensation.

C. The summary in the compensation history shows the data for only five years.

D. Compensation history shows one-time payments in other compensation and allowances paid regularly in recruiting payments.

Correct Answer: A,C,D

Question 4

Your client has set up an individual compensation plan for a contribution towards a retirement benefit. This contribution must be approved by the three-level manager hierarchy. While setting up the approval hierarchy, the compensation administrator wanted to set up notifications for any errors occurring during the workflow.
Identify the three allowed options needed to set up notifications accordingly. (Choose three.)

A. Application roles

B. Individual users

C. Groups

D. Duty roles

Correct Answer: A,C,D

Question 5

A corporation has set up an individual compensation plan for a contribution. This contribution needs an approval hierarchy to be set up.
Identify the four correct options regarding approval setup. (Choose four.)

A. Expiry, Escalation, and renew settings are possible for notifications.

B. Approvals can be set up to be completed when one of the approvers takes an action such as Approve or Reject.

C. Reminders can be set for a fixed duration either before expiration or after assignment.

D. Task attachments cannot be sent using email notifications.

E. The notifications sent to the approvers can be made actionable.

Correct Answer: A,B,C,E

Question 6

A corporation has generated total compensation statements and all workers received their total compensation statements. As a compensation executive, you realize that some corrections are needed in the generated statements.
Which corrective action will you take? (Choose the best answer.)

A. Educate the workers that corrections are not possible after the total compensation statements have been generated.

B. Start manual changes in each worker's total compensation statement.

C. Ignore any corrective action.

D. Edit "Statement Definition," make the required corrections, and regenerate the total compensation statements as a newer version.

Correct Answer: D

Question 7

An organization provides compensation such as salary and bonus earnings for its workers.
It also tracks commissions and company-paid taxes for them.
Which two statements are true when configuring the items? (Choose two.)

A. Benefit Balance will require you to specify the Legislative Data Group as the Additional Data Entry.

B. Element Entry will require you to specify the Legislative Data Group as the Additional Data Entry.

C. Payroll Balance will require you to specify the Legislative Data Group as the Additional Data Entry.

D. Formula will require you to specify the Legislative Data Group as the Additional Data Entry.

Correct Answer: C,D

Question 8

What happens when you define Workforce Compensation Plan components but the employees to whom the compensation change is being administered does not have any component in his or her salary? (Choose the best answer.)

A. The last component is automatically mapped to the salary and the amount associated with this component is posted as a salary adjustment to the employee record.

B. The sum of all components identified to be posted as salary is posted as a single salary adjustment amount to the employee's salary record.

C. The first component is automatically mapped to the salary and the amount associated with this component is posted as a salary adjustment to the employee record.

D. The component adjustment is not posted as a salary adjustment to the employee's record. While designing the compensation plan, it has to be kept in mind that the plan components must have a direct mapping with the employee's salary components.

Correct Answer: A

Question 9

A corporation implemented Fusion Compensation and wants to validate the salaries with the setup. Select the two options that are true about validation setup. (Choose two.)

A. Using grade rate validation, a warning message can be generated when the new or adjusted salary is outside the range of salary configured in the grade rate attached to the salary basis.

B. Using either a formula at the element level or criteria at the element link level, a warning message can be generated when a new or adjusted salary does not pass the configured validation.

C. Using grade rate validation, approval can be prevented when the new or adjusted salary is outside the range of salary configured in the grade rate attached to salary basis.

D. Using either a formula at the element level or criteria at the element link level, approval can be prevented when the new or adjusted salary does not pass the configured validation.

Correct Answer: A,D

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Oracle Workforce Compensation Cloud 2018 Implementation Essentials (1Z0-1000) Free Practice Test