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aterial for 1Z0-330 Certification Test is created and checked by authorized persons of relevant industry

Description

Oracle1Z0-330 Exam Exam-Name: Oracle Fusion Workforce Compensation Cloud Service 2016 Implementation Essentials

Product Version:Demo Full Version Features:

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Version: 7

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

The Configure Compensation Component task in Manage plans B

The Salary Component Lookup C

It is not possible to achieve this, because only the delivered salary components can be used

The Compensation Models

Answer: A Explanation: Reference: https://docs

com/cd/E60665_01/common/FAIWC/F1477720AN1CD0E

Question: 2 A corporation implemented Fusion Compensation and must run a compensation cycle

The corporation has seven different active components in the salary basis

Salaries of all the employees must be updated in bulk mode

Which statement is true about the bulk update using Integrated Workbook

Integrated Workbook can be used to update all the seven components

Only the first four active components will be loaded at a time by Integrated Workbook

Only the first five active components will be loaded at a time by Integrated Workbook

Only the first six active components will be loaded at a time by Integrated Workbook

Answer: D'Question: 3 Which two statements are true about Base Pay

For Base Pay earnings elements, eligibility is determined by the salary basis that is assigned to the worker

Page | 2

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You attach elements at various levels in the Salary object hierarchy to create deductions and earnings that can be processed in a payroll run to calculate Base Pay

You attach a single earnings element to each salary basis to hold Base Pay earnings, and assign a salary basis to each worker to calculate Base Pay

You enter a salary basis for each worker that becomes the worker’s Base Pay earnings

For Base Pay earnings elements, eligibility is determined by the deduction basis that is assigned to the worker

Answer: B, E Explanation: Reference: https://docs

com/cd/E60665_01/common/FAIWC/F1443670AN12C58

htm#F595603AN1468 A https://docs

Question: 4 Which statement is true regarding elements

Elements have possibly multiple primary classifications, one secondary classification, and one subclassification

Elements have one primary classification, one secondary classification, and one subclassification

Elements have possibly multiple primary classifications, possible multiple secondary classifications, and possibly multiple subclassifications

Elements have one primary classification, possibly multiple secondary classifications, and possibly multiple subclassifications

Elements have one primary classification, one secondary classification, and possibly multiple subclassifications

Answer: E Explanation: Subclassifications provide a way to feed balances

Elements can have only one primary and secondary classification, but multiple subclassifications

You can create subclassifications or use predefined ones

Once a subclassification is associated with a classification it cannot be associated with another classification

A subclassification name can be reused under different primary classifications, but you will have to create separate balance feeds for each subclassification with the same name

Question: 5 A corporation has implemented Oracle Fusion Compensation for a manufacturing client

The Fusion consultant created a Bonus element with primary classification as Supplemental earning

What is true about the subclassifications for the created element

Sub-classifications provide a way to feed elements

Page | 3

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Once a sub-classification is associated with a classification, it cannot be associated with another classification

A sub-classification name cannot be reused under a different primary classification

Elements can have only one sub-classification

Answer: B Explanation: Reference: Subclassifications provide a way to feed balances

Elements can have only one primary and secondary classification, but multiple subclassifications

You can create subclassifications or use predefined ones

Once a subclassification is associated with a classification it cannot be associated with another classification

A subclassification name can be reused under different primary classifications, but you will have to create separate balance feeds for each subclassification with the same name

Question: 6 Your customer wants line managers to be able to access the active workforce compensation plan during the first three months of the Plan period, but not to update it

The evaluation period start and end dates for the plan are January 1 to December 31 of the year

How should you set this up

Configure Plan access start and end dates from January 1 to March 31 of the year and Worksheet update period start and end dates from April 1 to December 31 of the year

Configure Worksheet update period start and end dates from January 1 to March 31 of the year and Plan access start and end dates from April 1 to December 31 of the year

Configure Plan access start and end dates from January 1 to December 31 of the year

Configure Worksheet update period start and end dates from January 1 to December 31 of the year

Answer: B Question: 7

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

Configure the spot bonus as an individual compensation plan and add “Hire” as an action

Then, after an employee is hired, this plan can be added to employees anytime

Configure the spot bonus as an individual compensation plan and add “Hire” as an action so that for HR action “Hire”, this bonus can be added

Also add “Manage Individual Compensation,” which will enable Managers to add it to reportees

Page | 4

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Configure the spot bonus as an individual compensation plan and add “Hire” as an action so that for HR action “Hire,” this bonus can be added

Also add “Manage Contributions,” which will enable managers to add it to reportees

Configure the spot bonus as an individual compensation plan and add “All” as an action so that this plan can be added to anyone at any time

Answer: D'Question: 8 You have configured a compensation plan to include ratings from the performance management system

For one particular division, the performance ratings have not been finalized and are shown as blank on the compensation worksheet

The manager updates the performance rating while allocating compensation

What happens in this case

The rating will be available to only the plan where it is updated

The rating will be available to all plans that are currently active

The rating will be available in the Performance document in the performance system

The rating will be available to only the plans where the same manager is involved

Answer: C Question: 9 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

Start Workforce Compensation Cycle B

Refresh Workforce Compensation Data C

Transfer Workforce Compensation Data to HR D

Adjust Workforce Compensation Enrollment Window E

Back Out Workforce Compensation Data F

Evaluate Workforce Compensation Participation

Answer: A, B, C, D'Explanation: Reference: https://docs

Question: 10

Page | 5

CertifySchool

com Certification Preparation Material (PDF) Contingent workers are ineligible as per the eligibility rules defined for your organization’s compensation plan

The compensation plan cycle is started

As is the standard practice, the compensation administrator schedules the “Refresh Workforce Compensation Data” nightly

A worker who was a contingent worker is now an employee of the organization and the next day shows up in Manager’s worksheet

How is this possible

Track Ineligible Workers is selected in the compensation plan

Show Ineligible Workers is selected in the compensation plan

Hide Ineligible Workers is selected in the compensation plan

Process Ineligible Workers is selected in the compensation plan

Answer: D'Question: 11 While you are setting up Stock Details, you notice that the details you entered are different from the ones showing up in system

What could have been the possible reasons for this

You may have forgotten to save the changes made

Another administrator might have accessed these settings after you have saved it

Network connectivity issue may have hindered your data being sent to the server

You do not have the privileges to change Stock Details

Answer: C Question: 12 During the Compensation Review cycle for the year 2014-15, the manager processes his direct reports compensation changes per the model created by him

After making the changes in the worksheet, the manager submits the proposed changes to the next level manager in the hierarchy for approval

What will the Manager status appear as in the workforce compensation area

In Approvals B

Processed C

Fully Approved D

Submitted E

Work in Progress

Answer: A Question: 13 Page | 6

CertifySchool

com Certification Preparation Material (PDF) A corporation started giving performance bonuses to eligible employees on a monthly basis

As a compensation administrator, you are required to display performance bonuses with similar or related compensation items

How will you configure this requirement in the Fusion application

Attach performance bonuses to similar compensation items

Attach performance bonuses to similar compensation categories/subcategories

Attach performance bonuses to similar elements

Attach performance bonuses to similar sources

Answer: A Question: 14 After creating a compensation plan and eligibility profiles, you are currently modeling the budget allocation

The HR manager informs you that one employee under Supervisor 1 has been seconded to a different country on a temporary basis with no changes to his employment terms and that this employee must be removed from the budgeting exercise

What is the correct way of achieving this

Use the Edit button in the Employee’s included area while creating a model to exclude the employee

Modify the eligibility profile by using a formula to exclude the employee from appearing under Supervisor 1

After the compensation cycle is completed, revert the eligibility profile to its original from, if needed

Advise Supervisor 1 not to allocate any compensation for the employee

In the meanwhile, manually adjust the budget allocated to Supervisor 1 to exclude the employee’s amount

Use the Include check box next to the employee’s name in the Budget worksheet to exclude the employee from the cycle

Answer: C Question: 15 Identify the four components that can be included in a fast formul a

Output statement B

Input statement C

Comments D

Assignment statements E

Symbolic variables F

Conditions

Page | 7

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Answer: B, C, D, F Explanation: Reference: http://docs

Page | 8

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