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1. Your client's organization is a multi-country organization with headquarters in the US, and managers have direct reports in different countries.
In which three ways canthe compensation currency be displayed? (Choose three.)
A) Each employee's local currency
B) Preferred currency
C) Only one currency can be displayed
D) The corporate currency
2. A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up Calculation Factors for the deduction elements setup.
Which two statements are correct regardingthe Calculation Factors? (Choose two.)
A) Calculation Factors indicate which deduction range to use when calculating the deduction amount.
B) Calculation Factors define which classifications of earnings to consider when calculating the basis for the deduction element.
C) The Manage Deduction Ranges task in the Payroll Calculation work area is used to view the calculation factors defined.
D) The Manage Deduction Group Rates task in the Payroll Calculation work area is used to view the calculation factors defined.
3. Per your client's policy on eligibility for a compensation revision cycle, employees who are in a notice period are not eligible. A particular manager is currently in a notice period, but his direct reports are still eligible for the compensation cycle. You observe that the system allows that manager to administer compensation for his direct reports.
You research this and find out that manager is still allowed to carry out the compensation allocation because his Eligibility Status is _________. (Choose the best answer.)
A) Provisional
B) Limited
C) Ineligible
D) Restricted
E) Eligible
4. You client has a requirement that allows a salary adjustment based on the numberof dependents the employee has, and this allowance must be mapped to a separate component. Because this allowance cannot have a logical mapping with any of the predefined components, you decide to create a new salary component called
"Family Allowance".
Which option would you use to achieve this? (Choose the best answer.)
A) The Salary Component Lookup
B) The Compensation Models
C) The Configure Compensation Component task in Manage plans
D) It is not possible to achieve this, because only the delivered salary components can be used.
5. Your customer's compensation has an itemized structure. The company wants to increase the Cost of Living allowance of the employees living in the New Jersey area by 3% to compensate for the increased living costs there. Which feature of Oracle Fusion Workforce Compensation can be used to achieve this? (Choose the best answer.)
A) Salary Component
B) Budget Pools
C) Plan Access
D) Action and Action Reasons
E) Plan Eligibility
Solutions:
| Question # 1 Answer: A,B,D | Question # 2 Answer: A,C | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: A |
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