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| Section | Weight | Objectives |
|---|---|---|
| Workforce Compensation | 25% | - Plan design, setup and configuration - Performance ratings, approvals and administration - Budgets, models, worksheets and cycles - Validation, batch processes and change statements |
| Total Compensation Statements | 15% | - Generate and manage compensation statements - Define statement definitions and items |
| Base Pay Configuration | 25% | - Manage grade rates, salary ranges and progression ladders - Set up salary basis and components - Configure compensation zones and base pay structures |
| Individual Compensation | 20% | - Define and configure individual compensation plans - Set up approvals, history and eligibility |
| Elements, Balances, and Formulas | 15% | - Explain element classifications and eligibility - Configure balances and formulas for compensation |
1. Which two are element classification types? (Choose two.)
A) International
B) Primary
C) Global
D) Secondary
E) US-only
2. 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) A sub-classification name cannot be reused under a different primary classification.
C) Elements can have only one sub-classification.
D) Once a sub-classification is associated with a classification, it cannot be associated with another classification.
3. As an implementation consultant, you have created compensation items for the total compensation statement but have not attached them to compensation categories.
In this situation, which statement is correct? (Choose the best answer.)
A) You can add items to statement definitions directly.
B) You can add items to statement definitions directly, and to include items in statements you must add items to a compensation category.
C) To include items in statements you must add items to a compensation category.
D) You cannot add items to statement definitions directly, and you cannot add items to a compensation category.
4. Performance Ratings are enabled in a compensation plan and a Rating Model is supposed to be created. Which two mandatory tasks are involved in creating the Rating Model? (Choose two.)
A) Create a Rating Level for the rating model.
B) Review points with from and to points entered for the rating level.
C) Create Target Distributions for each of the rating levels.
D) Populate Rating Categories for all rating levels.
5. A corporation is implementing Oracle Fusion Workforce Compensation and the new salary basis is being created.
For an hourly paid employee, which option is true regarding the Annualization factor in the salary basis? (Choose the best answer.)
A) The Annualization factor used in salary basis is only for display purpose. The amount that is paid to the worker is always determined by the pay period on the payroll linked to worker's assignment.
B) The Annualization factor used in a salary basis is only for display purpose. The amount that is paid to the worker is always determined by the sum of all the components of the salary basis multiplied by 12.
C) Whether the employee is paid hourly or not, the Annualization factor is the multiplication factor used to convert base pay at the selected frequency to an annualized amount. So any frequency can be used and the corresponding Annualization factor can be determined.
D) For all hourly paid employees, a new salary basis needs to be created and associated that uses a frequency of "Hourly," and the Annualization factor will be the number of hours in a work year.
Solutions:
| Question # 1 Answer: B,D | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: C,D | Question # 5 Answer: B |
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