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1. Which two tasks are performed by compensation managers while determining budgets? (Choose two.)
A) Manually calculate budget amounts or automatically determine budget amounts by using a model.
B) With administrative budgeting, enable managers to award compensation within their allocated budget amounts by automatically publishing budget amounts.
C) Publish budgets to line managers to distribute budgets down the reporting hierarchy or to allocate budget amounts at the employee level.
D) Determine budget amounts offline by downloading budget details to a spreadsheet.
2. 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.)
A) Non Monetary Values
B) Monetary Values
C) more than one nonmonetary unit of measure
D) Text
E) Dates
3. A corporation is implementing Oracle Fusion Workforce Compensation. Different currencies are set at the Legislative Data Group level, the Organization payment level, the Bank account level, and the payroll element level.
The currency shown while configuring salary basis comes from which level? (Choose the best answer.)
A) From the Bank account level
B) From the Organization payment level, because the compensation is finally paid through this
C) From the input value of the payroll element
D) From the Legislative Data Group level, because that is the highest level in the hierarchy.
4. 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? (Choose the best answer.)
A) You may have forgotten to save the changes made.
B) You do not have the privileges to change Stock Details.
C) Network connectivity issue may have hindered your data being sent to the server.
D) Another administrator might have accessed these settings after you have saved it.
5. While validating the Workforce Compensation Plan Setup, the compensation administrator encounters the following Warning: "At least one column that adjusts salary is enabled but no components to be posted as salary are selected." What should the compensation administrator do to eliminate this warning? (Choose the best answer.)
A) In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and enable Compensation Amount.
B) In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Compensation Amount Column Properties, select Yes for Post as Salary.
C) In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and enable Eligible Salary.
D) In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Percentage of Eligible Salary Column Properties, add an Element.
E) In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Eligible Salary Column Properties, select Yes for Post as Salary.
Solutions:
| Question # 1 Answer: B,C | Question # 2 Answer: A,D,E | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: B |
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