1Z0-330 Oracle Fusion Workforce Compensation Cloud Test Set 3

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 anymore. However, the compensation administrator does not get the option to include the said plan. What is the reason for this? (Choose the best answer.)


Options are :

  • Purge Workforce Compensation Data can be run only after Back Out Workforce Compensation Data is run with the “Full Back Out” option. (Correct)
  • Purge Workforce Compensation Data can be run only for compensation plans with Inactive status
  • Purge Workforce Compensation Data cannot be run because the Transfer Workforce Compensation Data to HR process has already been run and compensation data transferred to HR.
  • Purge Workforce Compensation Data can be run only for compensation plans that are valid for the future.
  • None

Answer : Purge Workforce Compensation Data can be run only after Back Out Workforce Compensation Data is run with the “Full Back Out” option.

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 best answer.) 


Options are :

  • The filtered population
  • Direct Reports
  • Budget sheet population
  • Entire organization’s population under that manager
  • Worksheet population (Correct)

Answer : Worksheet population

While configuring Workforce Compensation Plan, you specify Performance Rating date in Plan Cycle as the same in multiple plans.  
What will happen when the manager updates a compensation performance rating in the worksheet of one plan? (Choose the best answer.)


Options are :

  • The rating will be available to all plans with the same Performance Rating date in Plan Cycle.
  • The rating will be available to all plans that are currently active. (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.

Answer : The rating will be available to all plans that are currently active.

1Z1-574 Oracle IT Architecture Essentials Practice Exam Set 8

Employee X was hired on 5 March 2014 as a Web Designer and was reporting to Manager Y. On 10 September 2014, this employee was transferred to Manager Z to work as an Online Campaign designer. The company where Employee X works is doing a compensation cycle for the current year starting 1 October 2014. The employee record set up in the plan setting is “Employment terms,” while the Legal Employer of Employee X uses a two-tier model.  
On which manager’s worksheet does Employee X appear? (Choose the best answer.)


Options are :

  • Both Manager Y and Manager Z, because he has worked under both of them during the current cycle
  • Employee X does not appear on any manager’s sheet, because he will not be evaluated by the compensation plan. (Correct)
  • Manager Y, because this is the original manager of Employee X.
  • Manager Z, because this is the current manager to whom Employee X is reporting

Answer : Employee X does not appear on any manager’s sheet, because he will not be evaluated by the compensation plan.

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


Options are :

  • The summary table of payroll elements gives detailed information about element, input value, actual value and the grand total for the year.
  • The Stock summary table gives detailed information about grant date and price, granted, vested, and unvested shares, and the estimated value of unvested shares.
  • The summary table of recruiting payments gives detailed information about effective date, amount, currency, and grand total information for an individual award or compensation amounts
  • The summary table of other compensation gives detailed information about effective date, amount, currency, and grand total information about all awards.
  • The Salary summary table gives detailed information about salary history, percentage change, compa-ratio, and growth rate. (Correct)

Answer : The Salary summary table gives detailed information about salary history, percentage change, compa-ratio, and growth rate.

A compensation administrator has set up a Workforce Compensation Plan with Budget Pools. Manager Level Budgeting is enabled for the pool and default budget values have been configured for the following columns on the Configure Budget Page Layout page:   
To distribute the budgets automatically, the compensation administrator should run __________. (Choose the best answer.)


Options are :

  • the Start Compensation Cycle process. After this, the Administrator should create a model to distribute the budgets (Correct)
  • the Refresh Data process
  • the Validate Plan Setup process
  • the Start Compensation Cycle process

Answer : the Start Compensation Cycle process. After this, the Administrator should create a model to distribute the budgets

1Z0-516 Oracle EBS R12 General Ledger Essentials Exam Set 5

You are an implementation consultant, and the client organization wants you to provide a solution for how not to display the welcome message in the total compensation statement.  
What will your answer in this situation be? (Choose the best answer.)


Options are :

  • Edit the “Do not display Welcome message” option in “Compensation Item
  • Changing the welcome message is not possible.
  • Edit the “Do not display Welcome message” option in “Statement Definition (Correct)
  • Edit the “Do not display Welcome message” option in “Compensation Category

Answer : Edit the “Do not display Welcome message” option in “Statement Definition

A corporation has set up an individual compensation plan for a contribution towards a retirement benefit. This contribution must be approved by the four-level manager hierarchy.  
Identify all the four builders that support a restriction for the number of levels. (Choose four.)


Options are :

  • Job Level
  • Supervisory (Correct)
  • Resource
  • Department Level
  • Management Chain
  • Position

Answer : Supervisory

A corporation is implementing Oracle Fusion Workforce Compensation and the new salary basis is being created.  
For an hourly paid employee, which option is true regarding the Annualization factor in the salary basis? (Choose the best answer.)


Options are :

  • For all hourly paid employees, a new salary basis needs to be created and associated that uses a frequency of “Hourly,” and the Annualization factor will be the number of hours in a work year.
  • The Annualization factor used in a salary basis is only for display purpose. The amount that is paid to the worker is always determined by the sum of all the components of the salary basis multiplied by 12. (Correct)
  • The Annualization factor used in salary basis is only for display purpose. The amount that is paid to the worker is always determined by the pay period on the payroll linked to worker’s assignment
  • Whether the employee is paid hourly or not, the Annualization factor is the multiplication factor used to convert base pay at the selected frequency to an annualized amount. So any frequency can be used and the corresponding Annualization factor can be determined

Answer : The Annualization factor used in a salary basis is only for display purpose. The amount that is paid to the worker is always determined by the sum of all the components of the salary basis multiplied by 12.

1Z0-516 Oracle EBS R12.1 General Ledger Essentials Exam Set 10

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


Options are :

  • The deduction element’s status processing rule drives the calculation, accessing the rates and rules that are defined for the related payroll deduction and the values that are captured on a personal deduction card.
  • The rates and rules that are defined on a personal deduction card cannot override the values that are defined in the deduction ranges at the legislative level.
  • A personal deduction card contains person-specific information that is used to calculate the deduction amount.
  • A payroll deduction comprises the rates and rules that are used to calculate the deduction amount
  • Wage basis rules are defined at the personal level and the context value for the rule is captured on the deduction card. (Correct)

Answer : Wage basis rules are defined at the personal level and the context value for the rule is captured on the deduction card.

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


Options are :

  • Multiple components cannot have a single budget. Oracle
  • Multiple components can have a single budget
  • Budgets cannot be separate for each component.
  • Budgets can be separate for each component. (Correct)

Answer : Budgets can be separate for each component.

Which two tasks are performed by compensation managers while determining budgets? (Choose two


Options are :

  • With administrative budgeting, enable managers to award compensation within their allocated budget amounts by automatically publishing budget amounts. (Correct)
  • Publish budgets to line managers to distribute budgets down the reporting hierarchy or to allocate budget amounts at the employee level.
  • Manually calculate budget amounts or automatically determine budget amounts by using a model
  • Determine budget amounts offline by downloading budget details to a spreadsheet

Answer : With administrative budgeting, enable managers to award compensation within their allocated budget amounts by automatically publishing budget amounts.

1Z0-517 Oracle EBS R12.1 Payables Essentials Practice Exam Set 2

Which four statements are true if you enable Performance Ratings and integrate with Oracle Fusion Performance Management? (Choose four.)


Options are :

  • You need to refresh the HR data for ratings updated in Performance Management so they are updated in the worksheet.
  • You select the performance template or document name and the period to make available, and whether to display only completed ratings or ratings in any status.
  • You have the option to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.
  • You can display overall and calculated performance ratings given in the Performance Management system and provide access to the full performance document from within the worksheet (Correct)
  • You can also display the Performance Rating History column in the worksheet to see historical ratings given in the Performance Management system

Answer : You can display overall and calculated performance ratings given in the Performance Management system and provide access to the full performance document from within the worksheet

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


Options are :

  • Plans must have at least one component if awarding compensation (Correct)
  • There is the flexibility to add any number of components within a compensation plan
  • You can create up to five components to represent the different types of compensation that you want to award within a plan.
  • Each component has to be of a separate type, such as salary or bonus

Answer : Plans must have at least one component if awarding compensation

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? (Choose the best answer


Options are :

  • The category does not have a graph defined in it.
  • The category has been added as a subcategory. (Correct)
  • The category does not have employee contribution
  • The category does not have employer contribution.

Answer : The category has been added as a subcategory.

1Z0-517 Oracle EBS R12.1 Payables Essentials Practice Exam Set 4

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 compensate for the increased living costs there. Which feature of Oracle Fusion Workforce Compensation can be used to achieve this? (Choose the best answer.)


Options are :

  • Action and Action Reasons
  • Plan Eligibility
  • Salary Component (Correct)
  • Plan Access
  • Budget Pools

Answer : Salary Component

Your client’s organization is a multi-country organization with headquarters in the US, and managers have direct reports in different countries.  
In which three ways can the compensation currency be displayed? (Choose three.)


Options are :

  • Each employee’s local currency (Correct)
  • The corporate currency
  • Only one currency can be displayed
  • Preferred currency

Answer : Each employee’s local currency

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)


Options are :

  • Employee termination
  • Allocation exceeding target
  • Leave of Absence (Correct)
  • Any custom alert

Answer : Leave of Absence

1Z0-516 Oracle EBS R12.1 General Ledger Essentials Exam Set 8

Identify the list builder that is used in the delivered variable allocation task that appears to all allocations. (Choose the best answer.)


Options are :

  • Dynamic Approval Group
  • Static Approval Group
  • Auto Approval
  • Position Hierarchy (Correct)
  • Supervisory Hierarchy

Answer : Position Hierarchy

As an implementation consultant, you have defined a total compensation statement. From a security perspective, you are required to identify a key user who will have access to view the total compensation statement.  
Which role is mandatory to view the compensation statement? (Choose the best answer.) 


Options are :

  • Compensation Executive
  • Compensation Analyst (Correct)
  • Compensation Specialist
  • Compensation Manager

Answer : Compensation Analyst

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? (Choose the best answer.)


Options are :

  • Manage Stock Grants >> Import Items
  • Manage Stock Grants >> Prepare Import Spreadsheet (Correct)
  • Manage Stock Grants >> Import Source
  • Manage Stock Grants >> Import Category

Answer : Manage Stock Grants >> Prepare Import Spreadsheet

1Z0-520 Oracle EBS R12 Purchasing Essentials Practice Exam Set 2

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 approval setup. (Choose four.)


Options are :

  • Reminders can be set for a fixed duration either before expiration or after assignment.
  • Task attachments cannot be sent using email notifications
  • The notifications sent to the approvers can be made actionable
  • Expiry, Escalation, and renew settings are possible for notifications
  • Approvals can be set up to be completed when one of the approvers takes an action such as Approve or Reject (Correct)

Answer : Approvals can be set up to be completed when one of the approvers takes an action such as Approve or Reject

During the compensation review cycle, which two actions occur when a manager is allocated a zero or null budget? (Choose two.)


Options are :

  • The manager can manually allocate some budget for his team (Correct)
  • The manager does not have access to the plan.
  • The manager will have read-only access.
  • The available budget becomes negative when the manager makes allocations.

Answer : The manager can manually allocate some budget for his team

While implementing, you are grouping compensation items and categories for displaying them together. Therefore, when planning how to group compensation items and categories, you must consider which three options? (Choose three.)


Options are :

  • Level of detail
  • Category Type (Correct)
  • Statement definitions
  • Contribution Type and Unit of Measure Oracle
  • Compensation Items
  • Category Detail

Answer : Category Type

1Z1-574 Oracle IT Architecture Essentials Practice Exam Set 2

Which statement is correct about secondary element classifications? (Choose the best answer.)


Options are :

  • They are predefined and cannot be edited.
  • They are user-defined and can be edited.
  • They are predefined and can be edited. (Correct)
  • They are user-defined and cannot be edited.

Answer : They are predefined and can be edited.

A corporation implemented Oracle Fusion Workforce Compensation. A salary basis has been created and attached to the employee and a compensation cycle has been run. The corporation wants to include a new component as part of the salary basis.  
Which three are predefined components? (Choose three.) 


Options are :

  • Adjustment due to corrections within the organization
  • Regular and automatic adjustment (Correct)
  • Equity adjustment to correct salary compression or inversion
  • Market adjustment due to salary being out of line with the market

Answer : Regular and automatic adjustment

You are responsible for configuring variable allocations to manage approvals for individual compensation plans. Your company wants to control plan availability by using defaults. What are the default attributes of the actionable Variable Allocation task? (Choose the best answer.)


Options are :

  • The task applies to all allocations, uses two levels of the Supervisory list builder, and does not require a response from the current approver
  • The task is only for notification and has no rules.
  • The task applies to all allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver
  • The task applies to selected allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver (Correct)

Answer : The task applies to selected allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver

1Z1-574 Oracle IT Architecture Essentials Practice Exam Set 8

A corporation implemented Oracle Fusion Workforce Compensation. A Salary Basis has been created and attached to the workers and a Compensation cycle has been run. The corporation now wants to use a different Grade rate for the salary basis.  
Which option is true? (Choose the best answer.)


Options are :

  • A new Grade rate can be created and the Salary basis can be modified to include it.No new Grade rate can be created
  • After the salary basis is associated with any worker, you cannot delete it or modify any characteristic. Therefore, a new Salary Basis must be created with a new Grade rate
  • The salary of an employee is based on the grade to which the employee is assigned. Therefore, nothing has to be changed at the salary basis level once it has been created. Employee data must be modified to reflect the new grade (Correct)

Answer : The salary of an employee is based on the grade to which the employee is assigned. Therefore, nothing has to be changed at the salary basis level once it has been created. Employee data must be modified to reflect the new grade

An administrator of a corporation must generate the compensation statements for the workers to notify them about their compensation details.  
Identify the correct role that will give the administrator access to complete the process. (Choose the best answer.)


Options are :

  • Compensation Administrator
  • Line Manager (Correct)
  • HR Specialist
  • Compensation Manager

Answer : Line Manager

A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up Calculation Factors for the deduction elements setup.  
Which two statements are correct regarding the Calculation Factors? (Choose two.) 


Options are :

  • Calculation Factors indicate which deduction range to use when calculating the deduction amount (Correct)
  • The Manage Deduction Group Rates task in the Payroll Calculation work area is used to view the calculation factors defined.
  • Calculation Factors define which classifications of earnings to consider when calculating the basis for the deduction element.
  • The Manage Deduction Ranges task in the Payroll Calculation work area is used to view the calculation factors defined.

Answer : Calculation Factors indicate which deduction range to use when calculating the deduction amount

1Z0-516 Oracle EBS R12 General Ledger Essentials Exam Set 7

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