Oracle Workforce Compensation Cloud 2017 Implementation Essentials - 1Z1-330 Exam Practice Test
A corporation is implementing Oracle Fusion Workforce Compensation and has set up an individual compensation plan for a contribution. This contribution has to be approved by the four members in parallel.
Identify the correct option regarding parallel approvals. (Choose the best answer.)
Identify the correct option regarding parallel approvals. (Choose the best answer.)
Correct Answer: D
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As a compensation executive, you are required to upload stock data sent by a vendor of a corporation into the Fusion application.
Which option is the correct method to do so? (Choose the best answer.)
Which option is the correct method to do so? (Choose the best answer.)
Correct Answer: A
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You can use predefined alerts to notify managers about issues on the worksheet that need their attention.
Which four predefined alerts are available? (Choose four.)
Which four predefined alerts are available? (Choose four.)
Correct Answer: B,C,E,F
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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 can the compensation currency be displayed? (Choose three.)
In which three ways can the compensation currency be displayed? (Choose three.)
Correct Answer: A,C,D
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While working on the compensation changes in an Excel workbook, a manger selects the Upload option and then tries to immediately download the uploaded data. As a consultant, you advise him not to do so because of which reason? (Choose the best answer.)
Correct Answer: C
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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? (Choose the best answer.)
Correct Answer: C
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Your customer provides compensation such as salary, bonus earnings (paid twice a year), commissions, stock options, and company-paid taxes to its workers. The customer wants you to implement Compensation Statements with graphs. Which three values of the graph column will you exclude? (Choose three.)
Correct Answer: B,C,D
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When compiling Fast Formula, you receive the error message "Database item PER_ASG_ATTRIBUTE3 must have a DEFAULT statement because it was specified that null or not found is allowed." What is the cause of the error? (Choose the best answer.)
Correct Answer: D
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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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Identify four correct history categories when setting up compensation history. (Choose four.)
Correct Answer: C,D,E,F
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Your Workforce Compensation Plan has the following Plan Cycle setup:
* Evaluation Period Start Date: 1-Jan-2014
* Evaluation Period End Date: 31-Dec-2014
* Worksheet Update Period Start Date: 1-Jan-2014
* Worksheet Update Period End Date: 31-Dec-2014
* HR Data Extraction: 31-Dec-2014
* Eligibility Determination Date: 31-Dec-2014
* Worksheet Update Period Start Date: 1-Nov-2014
* Worksheet Update Period End Date: 31-Jan-2015
Due to reorganization in the month of December 2014, the Marketing department was split into two new departments: Branding and Communications, which resulted in transfers of many employees from one manager to another.
You, as the compensation administrator, are required to ensure that all the relevant organizational changes are included in the Compensation Worksheet. What would you have to do to accomplish this? (Choose the best answer.)
* Evaluation Period Start Date: 1-Jan-2014
* Evaluation Period End Date: 31-Dec-2014
* Worksheet Update Period Start Date: 1-Jan-2014
* Worksheet Update Period End Date: 31-Dec-2014
* HR Data Extraction: 31-Dec-2014
* Eligibility Determination Date: 31-Dec-2014
* Worksheet Update Period Start Date: 1-Nov-2014
* Worksheet Update Period End Date: 31-Jan-2015
Due to reorganization in the month of December 2014, the Marketing department was split into two new departments: Branding and Communications, which resulted in transfers of many employees from one manager to another.
You, as the compensation administrator, are required to ensure that all the relevant organizational changes are included in the Compensation Worksheet. What would you have to do to accomplish this? (Choose the best answer.)
Correct Answer: C
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