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Oracle 1z0-330 Exam Practice Questions (P. 4)

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Question #16
The compensation plan that is implemented for your customer has a column that defaults based on a dynamic column. However, as per the customers requirement, if the value in this column is manually updated in the worksheet by a manager, there should not be any further changes made to it automatically when the "Refresh Data" process is run. How can a compensation administrator achieve this? (Choose the best answer.)
  1. A
    by setting up the properties of the column as updatable only once
  2. B
    by deselecting the Refresh Data triggering event in the dynamic column
  3. C
    by deselecting the Start Compensation Cycle triggering event in the dynamic column
  4. D
    by deselecting the Change Worksheet Data triggering event in the dynamic column

Correct Answer:
C
Reference: http://www.oracle.com/technetwork/fusion-apps/compensationguide-1579327.pdf

Question #17
The Fusion Compensation module must be integrated with Fusion Performance Rating. In which three ways can the performance rating be made available?
(Choose three.)
  1. A
    Integrate with Oracle Fusion Performance Management.
  2. B
    Use compensation performance ratings.
  3. C
    Use both Performance Management ratings and compensation ratings.
  4. D
    Integrate with Oracle Fusion Goal Management.
  5. E
    Integrate with Oracle Fusion Profile Management.

Correct Answer:
BCD

Question #18
A corporation is implementing Oracle Fusion Workforce Compensation and must set up salary bases. Employees are assigned different grades within the organization and the salaries are dependent on the grades.
What is the correct way to set up the salary bases? (Choose the best answer.)
  1. A
    Set up different salary bases for different grades with the same payroll element. The frequency of both salary basis and the grade rate should match.
  2. B
    Set up different salary bases for different grades and different payroll elements, because the payroll element can be attached to only one salary basis. The frequency of both salary basis and grade rate should match.
  3. C
    Set up different salary bases for different grades with the same payroll element. The frequency of both salary basis and grade rate need not match.
  4. D
    Set up different salary bases for different grades and different payroll elements, because the payroll element can be attached to only one salary basis. The frequency of both salary basis and grade rate need not match.

Correct Answer:
B

Question #19
As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for the same. Which four source types are available for selection while creating a compensation item for the total compensation statement? (Choose four.)
  1. A
    Element Entry
  2. B
    Benefit Balance
  3. C
    Formula
  4. D
    Payroll Balance
  5. E
    Deduction Range
  6. F
    Input Value

Correct Answer:
ABCD

Question #20
You are the compensation manager of a corporation. Which four tasks can you perform while administering compensation for your workforce? (Choose four.)
  1. A
    Create and manage models for use by line managers or by administrators to distribute compensation directly to employees.
  2. B
    Override line manager allocations, job changes, and performance ratings.
  3. C
    Maintain currency rates and access to plans from the watchlist.
  4. D
    Override line manager allocations, job changes, and performance ratings.
  5. E
    Analyze plan results.
  6. F
    Run processes to initiate a compensation cycle.

Correct Answer:
ABDF

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