1Z0-330 Exam Questions

The compensation administrator wants to run the batch process to administer the compensation cycle. Which are the four valid batch processes in terms of the compensation module? (C...

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 practic...

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...

During the Compensation Review cycle for the year 2014-15, the manager processes his direct reports compensation changes per the model created by him. After making the changes in t...

A corporation started giving performance bonuses to eligible employees on a monthly basis. As a compensation administrator, you are required to display performance bonuses with sim...

After creating a compensation plan and eligibility profiles, you are currently modeling the budget allocation. The HR manager informs you that one employee under Supervisor 1 has b...

Identify the four components that can be included in a fast formula. (Choose four.)

The compensation plan that is implemented for your customer has a column that defaults based on a dynamic column. However, as per the customer's requirement, if the value in this c...

Your client's organization is a multi-country organization with headquarters in the US. All employees are covered under one global compensation plan. However, the managers in each...

A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up compensation history. Identify the three correct options regarding the various compensations...

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 allowe...

The Budget Pool Storage Method selected is "Amount." One of the line managers in the organization has twenty employees reporting to him. One of the employees leaves the organizatio...

A corporation has implemented Oracle Fusion Workforce Compensation and set up an individual compensation plan with the following details. - Name: Variable component - Restrict plan...

You are configuring a plan cycle date that should be visible to managers on the Approvals tab so that they can submit their worksheets before that date. But you do not want to enfo...

A corporation has implemented Oracle Fusion Workforce Compensation. The requirement is that Bonus Amount should be given only to the Full-Time Assignment category employees who wor...

A corporation is implementing Oracle Fusion Workforce Compensation and must set up compensation history. Identify the three correct options regarding the salary component. (Choose...

If you enable Performance Ratings and rate workers within Workforce Compensation, which two statements are true? (Choose two.)

Plan access restrictions control the situations in which an individual compensation plan is available for allocations or contributions by a line manager or worker, and regulate a u...

A corporation needs to set up a compensation plan for a vehicle allowance that will allow different amounts for different types and models of vehicles. How can you achieve the desi...

A worker complains to the Human Resources department that the total amount does not add up to the amount of salary received in the bank. The department informs the worker that cert...

You are required to explain to your client the use of Hierarchy design in Compensation Process. Which two Compensation-related activities use Hierarchy? (Choose two.)

A manager publishes budgets as amounts to the managers reporting to him. The following table shows the allocations made to each direct report (managers) and the total salaries of t...

When upper-level managers change the plan access of one or more lower-level managers, they receive a notification informing them about the change in access. Which option do they re...

What is the relationship between Net Pay and Earnings? (Choose the best answer.)

Your customer wants to configure a workforce compensation plan with multiple cycles. Identify two correct statements about plan cycles. (Choose two.)

You create a compensation plan and attach a Compensation Performance rating model to it. While the manager is allocating compensation, he specifies a rating for each of the employe...

A corporation implemented Fusion Compensation and wants to validate the salaries with the setup. Select the two options that are true about validation setup. (Choose two.)

Your customer's compensation manager needs to know, what are the four valid statuses of the compensation worksheet? (Choose four.)

What happens if you include ineligible workers on the worksheet? (Choose the best answer.)

Which three tasks are part of Plan Foundation Configuration Options? (Choose three.)

Your customer's Workforce Compensation Plan for Annual Salary Review is set up with the following dates in the Plan Cycle: - Evaluation Period Start Date: 1-Jan-2014 - Evaluation P...

After the compensation plan was configured, the Validate Plan Setup process was run successfully with no warnings or errors. However, when the worksheet is accessed by a Line Manag...

How can you use an earnings element to manage the calculation and payment of absences? (Choose the best answer.)

Your client's compensation plan for employees includes a component that is based on years of service in the organization. If a person completes 10 years in the company, he or she w...

A corporation has set up an individual compensation plan for a contribution. This contribution needs an approval hierarchy to be set up. Identify the four correct options regarding...

Which item is false regarding plan access? (Choose the best answer.)

Which four options are valid refresh options for the Refresh Data process? (Choose four.)

Your customer's compensation has an itemized structure. The company wants to increase the Cost of Living allowance of the employees living in the New Jersey area by 3% to compensat...

Which alert is advised to be disabled when you are using HCM co-existence between Oracle PeopleSoft HCM and Oracle Fusion Compensation? (Choose the best answer.)

The compensation administrator wants to run Purge Workforce Compensation Data for one of the past compensation plans because the transaction data from that period is not required a...

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? (Choo...

Your client has a requirement where work-at-home assignments are not eligible for an employee compensation revision cycle. To facilitate capturing work-at-home assignment, you have...

An organization provides compensation such as salary and bonus earnings for its workers. It also tracks commissions and company-paid taxes for them. Which two statements are true w...

Which three statements are true about payroll deductions? (Choose three.)

Which two tasks are true about components in worksheet configurations? (Choose two.)

You have created a total compensation statement. However, you are not able to see one of the categories in the summary section on the left pane. What is the reason for this? (Choos...

What are the two correct options with respect to budgeting when the salary has multiple components? (Choose two.)

When a manager clicks the "Prepare in workbook" option, while processing compensation changes, what population would she or he see in the exported Excel spreadsheet? (Choose the be...

Performance ratings are enabled in the compensation plan. Which three statements are correct regarding performance ratings? (Choose three.)

Identify the four correct options about the summary tables in the compensation history. (Choose four.)