Free Oracle 1Z0-330 Exam Dumps Questions & Answers

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

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

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.)

• A.  creating an input value and setting up costing information at the input value level
• B.  creating an auto-indirect rule and setting up costing information at the auto-indirect level
• C.  creating status processing rules and setting up costing information at the status processing level
• D.  creating an element eligibility link and setting up costing information at the link level

Identify the three choices available when configuring approvals. (Choose three.)

• A.  Submit mode
• B.  Auto Approval
• C.  Approval mode
• D.  Alternate approver hierarchy

Your customer is planning to configure an Individual Compensation Company Car Plan to include only the Sales department employees. The customer also wants to restrict luxury model vehicles to executive positions.
Which three statements are true about accomplishing this? (Choose three.)

• A.  Create an eligibility profile to include only the Sales department and attach it to Company Car Plan.
• B.  You can attach eligibility profiles with Plan, Option, or both.
• C.  Create an eligibility profile to include the Sales department and the executive positions and attach it to Company Car Plan and the Luxury models option.
• D.  Create an eligibility profile to include the executive positions and attach it to the Luxury models option.
• E.  You cannot achieve this because you cannot attach eligibility profiles with Plan and Option.
• F.  Create an eligibility profile to include executive positions and attach it to Company Car Plan.

Your Workforce Compensation Plan has the following Plan Cycle setup:
* Evaluation Period Start Date: 1-Jan-2014
* Evaluation Period End Date: 31-Dec-2014
* Worksheet Update Period Start Date: 1-Jan-2014
* Worksheet Update Period End Date: 31-Dec-2014
* HR Data Extraction: 31-Dec-2014
* Eligibility Determination Date: 31-Dec-2014
* Worksheet Update Period Start Date: 1-Nov-2014
* Worksheet Update Period End Date: 31-Jan-2015
Due to reorganization in the month of December 2014, the Marketing department was split into two new departments: Branding and Communications, which resulted in transfers of many employees from one manager to another.
You, as the compensation administrator, are required to ensure that all the relevant organizational changes are included in the Compensation Worksheet. What would you have to do to accomplish this? (Choose the best answer.)

• A.  Validate Plan Setup to ensure that all HR Data updates are accounted in the worksheet.
• B.  Schedule the Refresh Workforce Compensation Data process nightly to ensure that line managers see the most current data, including the recent transfers and other employment changes.
• C.  Run the Refresh Workforce Compensation Data process on 1-Nov-2014 because that is the date when line managers start updating the worksheet.
• D.  Run the Back Out Workforce Compensation Data process with the "Full back out" option.