Oracle
1Z0-416 · Question #38
1Z0-416 Question #38: Real Exam Question with Answer & Explanation
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Question
Using components of pay is a PeopleSoft Human Resources function that enables organizations to define single or multiple rates of pay, represented by Comp Rate (compensation rate) codes to identify what make up a workers compensation package. The Comp Rate Code table page provides organizations with three capabilities: _____, _____ and _____. (Choose three.)
Options
- Acreate base pay and non-base pay Rate Codes
- Bcreate minimum, midpoint, and maximum rates for each Rate Code
- Cdefine step increment advancement by hours and months for each Rate Code
- Didentify Rate Code types, such as a flat rate, an hourly rate, a percentage, or a point system
- Ecategorize Rate Code by class to simplify searching throughout the system for specific Rate Codes
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