Oracle Workforce Compensation Cloud 2017 Implementation Essentials - 1Z0-330 Exam Practice Test
While administering compensation, the managers in the organization want to first allocate compensation to the outstanding performers with compa-ratio less than 80 and, therefore, want to view only this population. How would you, as a consultant, help the managers to achieve this? (Choose the best answer.)
Correct Answer: C
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Which three statements are true about individual compensation plans? (Choose three.)
Correct Answer: B,C,E
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Which is the correct priority of deduction information from highest to lowest? (Choose the best answer.)
Correct Answer: C
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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.)
Which corrective action will you take? (Choose the best answer.)
Correct Answer: B
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Your customer wants to configure a workforce compensation plan with multiple cycles.
Identify two correct statements about plan cycles. (Choose two.)
Identify two correct statements about plan cycles. (Choose two.)
Correct Answer: A,B
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While configuring Workforce Compensation Plan, you specify Performance Rating date in Plan Cycle as the same in multiple plans.
What will happen when the manager updates a compensation performance rating in the worksheet of one plan? (Choose the best answer.)
What will happen when the manager updates a compensation performance rating in the worksheet of one plan? (Choose the best answer.)
Correct Answer: A
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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: A,C,E
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Your client's compensation plan for employees includes a component that is based on years of service in the organization. If a person completes 10 years in the company, he or she will be eligible for a seniority component and the associated fixed salary amount. What type of eligibility profile you would need to create in order to track work experience of people? (Choose the best answer.)
Correct Answer: D
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Which three tasks are part of Plan Foundation Configuration Options? (Choose three.)
Correct Answer: A,B,D
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