Online Access Free 1Z0-330 Exam Questions

How would you control the task of determining if a person is eligible for a compensation plan? (Choose the best answer.)

• A.through element eligibility only, never with eligibility profiles
• B.with the eligibility profiles, never through element eligibility
• C.a mix of element eligibility and eligibility profiles
• D.either with eligibility profiles or through element eligibility

Which three statements are true about individual compensation plans? (Choose three.)

• A.Individual compensation plans are necessary for payment of items such as spot bonus.
• B.Workers are individual compensation plans to manage their own contributions to charitable or savings plans.
• C.Individual compensation plans define compensation that managers can award to individual workers outside of the regular compensation cycle, such as spot bonus or education reimbursement.
• D.Individual compensation plans are not necessary for payment of items such as spot bonus.
• E.A user's ability to access or make updates to awards in individual compensation plans may be restricted by the user's association to a Legislative Data Group.

Identify four correct history categories when setting up compensation history. (Choose four.)

• A.Other Compensation
• B.Payroll Elements
• C.Stock
• D.Salary
• E.Non-Recruiting Payments
• F.Recruiting Payments

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.)

• A.Compensation Analyst
• B.Compensation Specialist
• C.Compensation Manager
• D.Compensation Executive

A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up the following for all employees:
* Salary paid based on the grades of employees.
* Car allowance paid based on the department and position.
* Spot bonus paid based on a committee's decision.
Identify the correct option for the setup. (Choose the best answer.)

• A.Set up Salary and the spot bonus as two salary bases, because there are no eligibility restrictions. Set up the car allowance as an individual compensation plan. Add the required payroll elements and add eligibility profiles for the car allowance for specific departments and positions.
• B.Set up on individual compensation plan with all three options. Add the required payroll elements and add restriction based on eligibility profiles and plan access.
• C.Set up a salary basis for "Salary" and associate a grade rate matrix to it, and add a car allowance and spot bonus as components for the salary basis along with Salary. Attach the required payroll elements to the salary. Have salary validations to restrict access and payment for specific departments and positions.
• D.Set up a salary basis for "Salary" and associate a grade rate matrix and the payroll element to it. Set up individual compensation plans for the car allowance and spot bonus, and restrict the access to line manager and HR specialist respectively. Additionally, add an eligibility profile to the car allowance to restrict it to specific departments and positions.