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Download Oracle Compensation Cloud 2022 Implementation Professional Exam Dumps

NEW QUESTION 54
The manager administering compensation has the option to create budget models to be used to allocate compensation.
Which four options regarding compensation modeling are correct? (Choose four.)

• A. Access of a model is limited only to the creator of the model.
• B. A model can be shared with the direct reports of the creator.
• C. Managers cannot share a model created by them.
• D. Modeling enables managers to automatically allocate compensation to employees who meet certain criteria.
• E. Managers can create their own models and use them.
• F. Managers can use a model created by compensation professionals.

Answer: B,D,E,F

NEW QUESTION 55
A corporation is implementing Oracle Fusion Workforce Compensation and needs to give a spot bonus for a new hire as well as give the same for special recognition for employees.
Identify the correct option that will enable the organization to achieve the desired results. (Choose the best answer.)

• A. Configure the spot bonus as an individual compensation plan and add "Hire" as an action. Then, after an employee is hired, this plan can be added to employees anytime.
• B. Configure the spot bonus as an individual compensation plan and add "All" as an action so that this plan can be added to anyone at any time.
• C. Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire," this bonus can be added. Also add "Manage Contributions," which will enable managers to add it to reportees.
• D. Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire", this bonus can be added. Also add "Manage Individual Compensation," which will enable Managers to add it to reportees.

Answer: B

NEW QUESTION 56
As compensation manager, you are generating a total compensation statement for a corporation. Which two options are mandatory to be used as inputs while generating the total compensation statement? (Choose two.)

• A. Legal Employer
• B. Statement Period
• C. Statement Definition Name
• D. Compensation Category

Answer: B,D

NEW QUESTION 57
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.)

• A. 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.
• B. A new Grade rate can be created and the Salary basis can be modified to include it.
• C. 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.
• D. No new Grade rate can be created.

Answer: C

NEW QUESTION 58
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