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Home Oracle 1z0-330

Oracle 1z0-330 Exam Practice Questions (P. 5)

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Question #21
Identify the two valid formula types applicable for Workforce Compensation Plans. (Choose two.)
  1. A
    Compensation Currency Selection
  2. B
    Compensation Organization Selection
  3. C
    Compensation Item Selection
  4. D
    Compensation Person Selection
  5. E
    Compensation amounts Selection

Correct Answer:
CE

Question #22
The compensation manager wants to run the batch process to start the compensation cycle. Which statement correctly describes the Back Out Workforce
Compensation Data process? (Choose the best answer.)
  1. A
    It backs out started and processed events for participants.
  2. B
    It removes unneeded transaction data from prior plan cycles.
  3. C
    It reverses a completed Start Workforce Compensation Cycle process or removes posted salary, payroll, and HR changes.
  4. D
    It backs out unrestricted events for participants.

Correct Answer:
C
Reference: http://www.erpknowledge.com/

Question #23
In the workforce compensation work area, the Manager’s Worksheet Status is "In Approvals". What progress has the compensation manager made through a workforce compensation cycle? (Choose the best answer.)
  1. A
    A budget was published to the manager.
  2. B
    The manager submitted his or her worksheet for approval.
  3. C
    The first-level manager approved the manager’s worksheet.
  4. D
    The highest-level manager or approver in the approval hierarchy approved the manager’s worksheet.
  5. E
    The manager saved some changes to his or her worksheet.

Correct Answer:
D

Question #24
As an implementation consultant, you are required to define a total compensation statement. To construct the total compensation statement, you must follow a set of activities in sequence.
Select the correct sequence to construct a total compensation statement. (Choose the best answer.)
  1. A
    Create compensation items > attach the items to compensation categories > arrange categories hierarchically in the statement definition > specify the statement period and display options > generate the statement.
  2. B
    Create compensation items > specify the statement period and display options > arrange categories hierarchically in the statement definition > attach items to compensation categories > generate the statement.
  3. C
    Create compensation items > generate a statement > specify the statement period and display options > arrange categories hierarchically in the statement definition > attach items to compensation categories.
  4. D
    Create compensation items > attach the items to compensation categories > generate the statement > specify the statement period and display options > arrange categories hierarchically in the statement definition.

Correct Answer:
C

Question #25
You are creating grade rates. What values are necessary for any grade rate that you create? (Choose the best answer.)
  1. A
    Minimum, Maximum, Mid Point, and Value
  2. B
    Minimum, Maximum, Mid Point, or Value
  3. C
    Minimum, Maximum, and Value
  4. D
    Minimum, Maximum, or Value

Correct Answer:
D
Generate a warning message when a manager or compensation professional enters a new or adjusted salary that is outside the minimum or maximum values defined for the worker's grade in the grade rate attached to the salary basis.

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