1Z0-330 Oracle Fusion Workforce Compensation Cloud Test Set 1

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

Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings

minus all the deductions calculated for the run.


Options are :

  • Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings minus all the non-voluntary deductions calculated for the run.
  • A plan can have multiple compensation cycles, each with same period dates.
  • Net Pay is a calculated balance that is standard earnings minus all the deductions calculated for the run (Correct)
  • Your customer wants to configure a workforce compensation plan with multiple cycles. Identify two correct statements about plan cycles. (Choose two
  • Each plan that requires a different cycle must be created manually
  • You can duplicate a cycle and specify the number of months to advance all dates.
  • Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings for the run.
  • A plan can have multiple compensation cycles, each with unique period dates

Answer : Net Pay is a calculated balance that is standard earnings minus all the deductions calculated for the run

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


Options are :

  • Define the earnings element as nonrecurring for the absence element because payroll runs do not process nonrecurring elements in the Information or Absence classifications.
  • Define a skip rule for the earnings element that triggers processing when it finds an entry for a non-absence element because payroll runs process elements in the Information or Absence classifications
  • Define a skip rule for the earnings element that triggers processing when it finds an entry for the absence element because payroll runs do not process elements in the Information or Absence classifications (Correct)
  • Ensure that the input to the salary database item formula from the earnings element processes the absence element as Absence classification because payroll runs do not process elements in the Information or Absence classifications.

Answer : Define a skip rule for the earnings element that triggers processing when it finds an entry for the absence element because payroll runs do not process elements in the Information or Absence classifications

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 country want to administer compensation in their country’s respective currency. How would you enable this feature? (Choose the best answer.) 


Options are :

  • Enable Currency Switching (Correct)
  • Set the preferred currency in the worksheet
  • Use fast formula to display the employee currency using conversion rates
  • Display the corporate currency.

Answer : Enable Currency Switching

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


Options are :

  • Assignment statements
  • Conditions
  • Output statement
  • Input statement (Correct)
  • Symbolic variables
  • Comments

Answer : Input statement

A corporation has implemented Oracle Fusion Workforce Compensation and set up an individual compensation plan with the following details.   
Identify the correct option for the possible actions. (Choose the best answer.)


Options are :

  • The plan setup is always for HR to take actions and, therefore, only HR will be able to start the contribution anytime, update never, but discontinue during the period defined for any specific employee (Correct)
  • All Employees will be able to start the contribution anytime, update never, but discontinue during the period defined
  • Only managers will be able to start the contribution anytime, update never, but discontinue during the period defined for any specific employee by using the manager dashboard
  • The contribution will be automatically added to all the employees in the payroll and HR can discontinue allocations on a request basis.

Answer : The plan setup is always for HR to take actions and, therefore, only HR will be able to start the contribution anytime, update never, but discontinue during the period defined for any specific employee

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


Options are :

  • Components
  • Plan Access
  • Feedback Survey
  • Alerts
  • Plan Currency (Correct)

Answer : Plan Currency

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 work on weekly payroll. Additionally, the costing information must be transferred to General Ledger.  
Which implementation approach is correct for creating the required element? (Choose the best answer.)


Options are :

  • creating an input value and setting up costing information at the input value level
  • creating status processing rules and setting up costing information at the status processing level
  • creating an auto-indirect rule and setting up costing information at the auto-indirect level
  • creating an element eligibility link and setting up costing information at the link level (Correct)

Answer : creating an element eligibility link and setting up costing information at the link level

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.)


Options are :

  • 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.
  • 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 (Correct)
  • 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
  • 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

Answer : 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

 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 receive to act on the notification? (Choose the best answer.)


Options are :

  • Reply (Correct)
  • Reject
  • Accept
  • Dismiss

Answer : Reply

Your customer wants line managers to be able to access the active workforce compensation plan during the first three months of the Plan period, but not to update it. The evaluation period start and end dates for the plan are January 1 to December 31 of the year.  
How should you set this up? (Choose the best answer.) 


Options are :

  • Configure Worksheet update period start and end dates from January 1 to March 31 of the year and Plan access start and end dates from April 1 to December 31 of the year (Correct)
  • Configure Plan access start and end dates from January 1 to December 31 of the year
  • Configure Plan access start and end dates from January1 to March 31 of the year and Worksheet update period start and end dates from April 1 to December 31 of the year
  • Configure Worksheet update period start and end dates from January 1 to December 31 of the year

Answer : Configure Worksheet update period start and end dates from January 1 to March 31 of the year and Plan access start and end dates from April 1 to December 31 of the year

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.)


Options are :

  • Using grade rate validation, a warning message can be generated when the new or adjusted salary is outside the range of salary configured in the grade rate attached to the salary basis
  • Using grade rate validation, approval can be prevented when the new or adjusted salary is outside the range of salary configured in the grade rate attached to salary basis (Correct)
  • Using either a formula at the element level or criteria at the element link level, approval can be prevented when the new or adjusted salary does not pass the configured validation.

Answer : Using grade rate validation, approval can be prevented when the new or adjusted salary is outside the range of salary configured in the grade rate attached to salary basis

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.)


Options are :

  • 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 (Correct)
  • 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
  • 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
  • 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

Answer : 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

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

It displays ineligible workers but managers can allocate compensation, promote workers, and rateworker performance


Options are :

  • It displays ineligible workers but managers cannot allocate compensation, promote workers, or rate worker performance
  • It does not display ineligible workers and managers cannot allocate compensation, promote workers, or rate worker performance (Correct)
  • It does not display ineligible workers but managers can allocate compensation, promote workers, or rate worker performance.

Answer : It does not display ineligible workers and managers cannot allocate compensation, promote workers, or rate worker performance

A corporation has implemented Oracle Fusion Compensation for a manufacturing client. The Fusion consultant created a Bonus element with primary classification as Supplemental earning.  
What is true about the subclassifications for the created element? (Choose the best answer.)


Options are :

  • Once a sub-classification is associated with a classification, it cannot be associated with another classification (Correct)
  • Sub-classifications provide a way to feed elements
  • A sub-classification name cannot be reused under a different primary classification. Elements can have only one sub-classification

Answer : Once a sub-classification is associated with a classification, it cannot be associated with another classification

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.)


Options are :

  • It removes unneeded transaction data from prior plan cycles
  • It backs out started and processed events for participants
  • It backs out unrestricted events for participants
  • It reverses a completed Start Workforce Compensation Cycle process or removes posted salary, payroll, and HR changes (Correct)

Answer : It reverses a completed Start Workforce Compensation Cycle process or removes posted salary, payroll, and HR changes

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 desired results? (Choose the best answer.)


Options are :

  • Configure as many compensation plans as there are allowed types and models of vehicles, because options cannot have eligibility profiles associated, and use different payroll elements for each of them
  • Configure one compensation plan and add as many options as three are allowed for vehicle types and models. Define eligibility and associate the same payroll element to all the options such that an employee can use only one option. (Correct)
  • Configure one compensation plan, add as many options as there are allowed for different types and models. Define eligibility and associate the different payroll elements to all the options such that any payroll element can be associated with only one plan and option
  • Configure as many compensation plans as there are different types and models, because options cannot have associated eligibility profiles, and use the same payroll element for all of them

Answer : Configure one compensation plan and add as many options as three are allowed for vehicle types and models. Define eligibility and associate the same payroll element to all the options such that an employee can use only one option.

uring 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 the

worksheet, the manager submits the proposed changes to the next level manager in the hierarchy for approval. What will the Manager status appear as in the workforce compensation area? (Choose the best answer.)


Options are :

  • Fully Approved
  • Work in Progress
  • In Approvals (Correct)
  • Submitted
  • Processed

Answer : In Approvals

You are creating grade rates. What values are necessary for any grade rate that you create? (Choose the best answer.) 


Options are :

  • Minimum, Maximum, Mid Point, or Value
  • Minimum, Maximum, and Value
  • Minimum, Maximum, or Value (Correct)
  • Minimum, Maximum, Mid Point, and Value

Answer : Minimum, Maximum, or Value

he 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 organization during the compensation cycle.  
What will be the effect on the budget allocated to the Line Manager? (Choose the best answer.)


Options are :

  • The published budgets change when a manager’s total eligible salary changes, such as when workers eligibility changes (Correct)
  • The published budgets is always a percentage of the total budget pool
  • The published amounts stay with the manager when workers are reassigned or their eligibility changes
  • The published budgets change when a manager’s total eligible salary changes, such as when workers are reassigned

Answer : The published budgets change when a manager’s total eligible salary changes, such as when workers eligibility changes

You are the compensation manager of a corporation. Which four tasks can you perform while administering compensation for your workforce? (Choose four.)


Options are :

  • Create and manage models for use by line managers or by administrators to distribute compensation directly to employees
  • Override line manager allocations, job changes, and performance ratings (Correct)
  • Run processes to initiate a compensation cycle
  • Analyze plan results
  • Maintain currency rates and access to plans from the watchlist
  • Override line manager allocations, job changes, and performance ratings

Answer : Override line manager allocations, job changes, and performance ratings

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 practice, the compensation administrator schedules the “Refresh Workforce Compensation Data” nightly. A worker who was a contingent worker is now an employee of the organization and the next day shows up in Manager’s worksheet. How is this possible? (Choose the best answer


Options are :

  • Show Ineligible Workers is selected in the compensation plan
  • Hide Ineligible Workers is selected in the compensation plan.
  • Process Ineligible Workers is selected in the compensation plan. (Correct)
  • Track Ineligible Workers is selected in the compensation plan

Answer : Process Ineligible Workers is selected in the compensation plan.

Which two statements are true about Base Pay? (Choose two.)


Options are :

  • For Base Pay earnings elements, eligibility is determined by the deduction basis that is assigned to the worker
  • You attach a single earnings element to each salary basis to hold Base Pay earnings, and assign a salary basis to each worker to calculate Base Pay.
  • You enter a salary basis for each worker that becomes the worker’s Base Pay earnings
  • You attach elements at various levels in the Salary object hierarchy to create deductions and earnings that can be processed in a payroll run to calculate Base Pay. (Correct)
  • For Base Pay earnings elements, eligibility is determined by the salary basis that is assigned to the worker

Answer : You attach elements at various levels in the Salary object hierarchy to create deductions and earnings that can be processed in a payroll run to calculate Base Pay.

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 allowed.”  
What is the cause of the error? (Choose the best answer.) 


Options are :

  • syntax error
  • misuse of context
  • uninitialized variable
  • incorrect operator usage (Correct)

Answer : incorrect operator usage

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 similar or related compensation items.  
How will you configure this requirement in the Fusion application? (Choose the best answer.) 


Options are :

  • Attach performance bonuses to similar elements.
  • Attach performance bonuses to similar sources.
  • Attach performance bonuses to similar compensation items (Correct)
  • Attach performance bonuses to similar compensation categories/subcategories

Answer : Attach performance bonuses to similar compensation items

You have configured a compensation plan to include ratings from the performance management system. For one particular division, the performance ratings have not been finalized and are shown as blank on the compensation worksheet. The manager updates the performance rating while allocating compensation. What happens in this case? (Choose the best answer


Options are :

  • The rating will be available in the Performance document in the performance system (Correct)
  • The rating will be available to only the plans where the same manager is involved
  • The rating will be available to only the plan where it is updated.
  • The rating will be available to all plans that are currently active.

Answer : The rating will be available in the Performance document in the performance system

You client has a requirement that allows a salary adjustment based on the number of dependents the employee has, and this allowance must be mapped to a separate component. Because this allowance cannot have a logical mapping with any of the predefined components, you decide to create a new salary component called “Family Allowance”.  
Which option would you use to achieve this? (Choose the best answer


Options are :

  • The Compensation Models
  • The Salary Component Lookup
  • It is not possible to achieve this, because only the delivered salary components can be used
  • None of the above
  • The Configure Compensation Component task in Manage plans (Correct)

Answer : The Configure Compensation Component task in Manage plans

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 Manager, the Line Manager notices that employees who are ineligible are also visible in the worksheet despite running the Validate Plan Setup process.  
What is the reason for this? (Choose the best answer.) 


Options are :

  • The Validate Plan Setup process showed a warning about errors on the eligibility profiles, which was ignored by the compensation administrator.
  • The compensation administrator did not run the Validate Plan Setup process and run the Start Compensation Cycle process instead. (Correct)
  • The Validate Plan Setup process failed to report errors from the eligibility profiles.
  • The Validate Plan Setup process does not validate eligibility profiles

Answer : The compensation administrator did not run the Validate Plan Setup process and run the Start Compensation Cycle process instead.

A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up

compensation history.  
Identify the three correct options regarding the various compensations shown in the history. (Choose three.) 


Options are :

  • Compensation history displays six categories of compensation
  • Compensation history shows one-time payments in other compensation and allowances paid regularly in recruiting payments
  • Compensation history automatically retrieves salary and stock-related information. The Recruiting payments and other categories have to be added manually (Correct)
  • The summary in the compensation history shows the data for only five years.

Answer : Compensation history automatically retrieves salary and stock-related information. The Recruiting payments and other categories have to be added manually

A corporation has implemented Oracle Fusion Workforce Compensation. The consultant creates multiple elements to meet the business requirements.  
Which three statements will help him to make a decision about the element classification? (Choose three.) 


Options are :

  • Predefined primary classifications cannot be removed or changed
  • Primary classifications are provided mainly to reflect tax legislation (Correct)
  • Elements can have multiple primary and multiple secondary classifications
  • Predefined secondary classifications can be removed or changed.
  • Secondary classifications are subsets of the primary classifications.

Answer : Primary classifications are provided mainly to reflect tax legislation

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


Options are :

  • These ratings are used across compensation plan and cycles.
  • The ratings are transferred to the Performance Management system or to HR. (Correct)
  • You can display compensation ratings given in the previous plan cycle as a column in the worksheet
  • Managers can rate workers as they allocate compensation

Answer : The ratings are transferred to the Performance Management system or to HR.

Comment / Suggestion Section
Point our Mistakes and Post Your Suggestions