As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items? (Choose two.)

• A.Compensation items are added to a compensation category to include them in statements.
• B.Compensation items cannot be used across statement definitions.
• C.Compensation items are the foundation upon which the Compensation Statement is built.
• D.Compensation items need not be mapped to the specific source from which the compensation information is retrieved.
• E.Compensation items can be added to statement definitions directly.

Comment: *

Name: *

Email: *

Verification: *

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.)

• A.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.
• B.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.
• C.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.
• D.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.

Comment: *

Name: *

Email: *

Verification: *

As an implementation consultant, you are required to define the total compensation statement. You are creating the statement definitions for your compensation statement.
Which three statements are true about the statement definitions? (Choose three.)

• A.Multiple legal employers, multiple countries, and multiple currencies cannot be included in one statement.
• B.The statement definition acts as a template and determines the layout and content of the generated statement.
• C.The statement definition consists of compensation items added to compensation categories.
• D.Compensation items with sources belonging to different legal employers cannot be added.
• E.Reusing statement definitions by creating new statement periods and then modifying the definition for subsequent periods is not possible.
• F.Edits to compensation categories affect all statement definitions that use that category.

Comment: *

Name: *

Email: *

Verification: *

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

• A.Workers are individual compensation plans to manage their own contributions to charitable or savings plans.
• B.Individual compensation plans are not necessary for payment of items such as spot bonus.
• C.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.
• D.Individual compensation plans are necessary for payment of items such as spot bonus.
• E.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.

Comment: *

Name: *

Email: *

Verification: *

During the Compensation Review cycle for the year 2014-15, the manager processes his direct reports compensation changes per the model created by him. After making the changes in the worksheet, the manager submits the proposed changes to the next level manager in the hierarchy for approval. What will the Manager status appear as in the workforce compensation area? (Choose the best answer.)

• A.Processed
• B.Submitted
• C.Work in Progress
• D.Fully Approved
• E.In Approvals

Comment: *

Name: *

Email: *

Verification: *