Free Oracle 1Z1-330 Exam Dumps Questions & Answers

A corporation needs to set up a compensation plan for a Housing allowance that will allow the company to grant these allowances to only employees above a particular role.
Identify the option that indicates the correct way of implementing it. (Choose the best answer.)

• A.  Set up role-based security to the individual compensation work area so that only managers are allowed.
• B.  Set up access restrictions to the individual compensation plan using the correct HR action so that it can be added only to the specific roles.
• C.  Set up a salary basis and restrict the eligibility to the required roles.
• D.  They payroll administrator must add the element to the employees in the specified roles, because this cannot be achieved through configuration.

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

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

Your client wants you to create a single Compensation Change statement that includes compensation awarded for multiple plans. What would you, as an implementation consultant, advise your client? (Choose the best answer.)

• A.  This is possible only in the on-premises model using customization and is not possible in an Saas instance. Therefore, you would respond accordingly to the client.
• B.  Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.
• C.  Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.
• D.  Create a custom data model that can pull compensation awarded from different plans and display the data using a BI publisher layout.

In the workforce compensation work area, the Manager's Worksheet Status is "In Approvals". What progress has the compensation manager made through a workforce compensation cycle? (Choose the best answer.)

• A.  The highest-level manager or approver in the approval hierarchy approved the manager's worksheet.
• B.  The manager submitted his or her worksheet for approval.
• C.  The manager saved some changes to his or her worksheet.
• D.  The first-level manager approved the manager's worksheet.
• E.  A budget was published to the manager.

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

• A.  Net Pay is a calculated balance that is standard earnings minus all the deductions calculated for the run.
• B.  Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings minus all the deductions calculated for the run.
• C.  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.
• D.  Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings for the run.