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Version: 7.0
Question: 1

Identify four correct history categories when setting up compensation history. (Choose four.)

A. Salary
B. Other Compensation
C. Stock
D. Non-Recruiting Payments
E. Recruiting Payments
F. Payroll Elements

Answer: B, C, D, E

Explanation:
The Compensation History summary table displays four categories of compensation: Base Pay, Other Compensation (one-time payments), Stock, and Recurring Payments. Compensation history automatically displays base pay and stock grants. You must add additional recurring nonbase pay and one-time compensation to history.

Question: 2

You want to use the Workforce Compensation Budget pool for a workforce compensation plan. Select the tasks to be performed, in the correct sequence. (Choose the best answer.)

A. Configure the workforce compensation budget pool, Configure the workforce compensation plan details, Run the Start Compensation Cycle process, Create the workforce compensation plan, Create at least one worksheet compensation component and associate the budget pool with it.
B. Create the workforce compensation plan, Configure the workforce compensation budget pool, Configure the workforce compensation plan details, Create at least one worksheet compensation component and associate the budget pool with it, Run the Start Compensation Cycle process
C. Create the workforce compensation plan, Configure the workforce compensation plan details, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Run the Start Compensation Cycle process.
D. Create the workforce compensation plan, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Configure the workforce compensation plan details, Run the Start Compensation Cycle process.
E. Run the Start Compensation Cycle process, Create the workforce compensation plan, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Configure the workforce compensation plan details.

Answer: C

Explanation:
Reference:
https://docs.oracle.com/cd/E60665_01/common/FACMC/F1441437AN11CE2.htm#F830583AN12663 (tracking off-cycle compensation against a budget: procedure)

Question: 3

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Which two statements are true about Base Pay? (Choose two.)

A. For Base Pay earnings elements, eligibility is determined by the salary basis that is assigned to the worker.
B. 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.
C. 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.
D. You enter a salary basis for each worker that becomes the worker’s Base Pay earnings.
E. 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.oracle.com/cd/E60665_01/common/FAIWC/F1443670AN12C58.htm#F595603AN1468A
https://docs.oracle.com/cd/E37583_01/fusionapps.1116/e20379/F720777AN425A7.htm

Question: 4

Which statement is true regarding elements? (Choose the best answer.)

A. Elements have possibly multiple primary classifications, one secondary classification, and one subclassification.
B. Elements have one primary classification, one secondary classification, and one subclassification.
C. Elements have possibly multiple primary classifications, possible multiple secondary classifications, and possibly multiple subclassifications.
D. Elements have one primary classification, possibly multiple secondary classifications, and possibly multiple subclassifications.
E. 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? (Choose the best answer.)

A. Sub-classifications provide a way to feed elements.
B. Once a sub-classification is associated with a classification, it cannot be associated with another classification.
C. A sub-classification name cannot be reused under a different primary classification.
D. 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? (Choose the best answer.)

A. 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.
B. 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.
C. Configure Plan access start and end dates from January 1 to December 31 of the year.
D. Configure Worksheet update period start and end dates from January 1 to December 31 of the year.

Answer: B

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