Question 1

You are responsible forconfiguring an individual compensation plan with multiple options. Which two statements are true about the plan options? (Choose two.)
  • Question 2

    Your client is a consumer goods wholesaler. The client's organization has five departments. While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees in that department. In the current year, only the Electronics department has exceeded its sales target.
    How would the compensation manager allocate the extra budget to the manager of the Electronics Department? (Choose the best answer.)
  • Question 3

    A corporation has implemented Oracle Fusion Workforce Compensation and set up an individual compensation plan with the following details.
    * Name: Variable component
    * Restrict plan access: Yes
    * Action: Manage Contributions
    * Access Level: New
    * Allocations: Always Allow
    * Update Allocations: Never Allow
    * Discontinue Allocations:"Allowed during a specific period" with the period start and end dates configured.
    Identify the correct option for the possible actions. (Choose the best answer.)
  • Question 4

    You client has a requirement that allows a salary adjustment based on the numberof dependents the employee has, and this allowance must be mapped to a separate component. Because this allowance cannot have a logical mapping with any of the predefined components, you decide to create a new salary component called
    "Family Allowance".
    Which option would you use to achieve this? (Choose the best answer.)
  • Question 5

    During the compensation review cycle, which two actions occur when a manager is allocated a zero or null budget? (Choose two.)