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NEW QUESTION 32
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. Review points with from and to points entered for the rating level.
- B. Create Target Distributions for each of the rating levels.
- C. Populate Rating Categories for all rating levels.
- D. Create a Rating Level for the rating model.
Answer: B,C
NEW QUESTION 33
An employee of a corporation is on a weekly payroll with an hourly rate of 20 USD. Identify the correct option for the frequency shown in the base rate of compensation history. (Choose the best answer.)
- A. the frequency of the employee’s salary basis
- B. weekly, because the employee is on a weekly payroll
- C. hourly, because the employee has hourly pay
- D. annually, because the history must always be shown with annual amounts
Answer: B
NEW QUESTION 34
A corporation implemented Oracle Fusion Workforce Compensation. A Salary Basis has been created and attached to the workers and a Compensation cycle has been run. The corporation now wants to use a different Grade rate for the salary basis.
Which option is true? (Choose the best answer.)
- A. No new Grade rate can be created.
- B. A new Grade rate can be created and the Salary basis can be modified to include it.
- C. The salary of an employee is based on the grade to which the employee is assigned. Therefore, nothing has to be changed at the salary basis level once it has been created. Employee data must be modified to reflect the new grade.
- D. After the salary basis is associated with any worker, you cannot delete it or modify any characteristic. Therefore, a new Salary Basis must be created with a new Grade rate.
Answer: C
NEW QUESTION 35
A corporation has implemented Oracle Fusion Workforce Compensation. Oracle Fusion Supplemental Earning Elements must now be created to capture ad hoc payments for eligible workforce.
Which two statements are true about element eligibility criteria for such elements? (Choose two.)
- A. You can define multiple eligibility criteria for each element, but there must be an overlap between them.
- B. Some element eligibility criteria may not be available, depending on the level at which the element is attached.
- C. You can define multiple eligibility criteria for each element, but there must not be any overlap between them.
- D. You cannot define multiple eligibility criteria for each element in any case.
Answer: C,D
Explanation:
You can define more than one eligibility criteria for each element but there must be no overlap between them. For example, you could create one criteria for the combination of grade A and the job Accountant. However, you could not create one criteria for grade A and a second for the job Accountant. This would imply that an accountant on grade A is eligible for the same element twice. If you have more than one criteria for an element, you can enter different default values, qualifying conditions, and costing information for each eligibility group.
NEW QUESTION 36
Identify the correct option regarding the Payroll element details in the compensation history setup. (Choose the best answer.)
- A. Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated excluding the history category.
- B. Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated including the history category.
- C. Any payroll element can be added and all other details are auto-populated including the history category.
- D. Any payroll element can be added and all other details are auto-populated excluding the history category.
Answer: B
NEW QUESTION 37
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