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Free Oracle 1z0-1000 Exam Questions (page: 8)

Page 8 of 45
PDF with 178 Questions

You are creating grade rates.
What values are necessary for any grade rate that you create? (Choose the best answer.)

  1. Minimum, Maximum, Mid Point, and Value
  2. Minimum, Maximum, Mid Point, or Value
  3. Minimum, Maximum, and Value
  4. Minimum, Maximum, or Value

Answer(s): D

Explanation:

Generate a warning message when a manager or compensation professional enters a new or adjusted salary that is outside the minimum or maximum values defined for the worker's grade in the grade rate attached to the salary basis.



A corporation has implemented Oracle Fusion Workforce Compensation. The consultant creates multiple elements to meet the business requirements.
Which three statements will help him to make a decision about the element classification? (Choose three.)

  1. Primary classifications are provided mainly to reflect tax legislation.
  2. Secondary classifications are subsets of the primary classifications.
  3. Predefined primary classifications cannot be removed or changed.
  4. Predefined secondary classifications can be removed or changed.
  5. Elements can have multiple primary and multiple secondary classifications.

Answer(s): A,B,C


Reference:

https://docs.oracle.com/cloud/farel8/globalcs_gs/OAWRK/F1174250AN60F28.htm (manage element classifications)



Your client's organization is a multi-country organization with headquarters in the US. All employees are covered under one global compensation plan. However, the managers in each country want to administer compensation in their country's respective currency. How would you enable this feature? (Choose the best answer.)

  1. Set the preferred currency in the worksheet.
  2. Enable Currency Switching.
  3. Display the corporate currency.
  4. Use fast formula to display the employee currency using conversion rates.

Answer(s): B


Reference:

https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387136AN11E5B.htm



A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up compensation history.
Identify the three correct options regarding the various compensations shown in the history. (Choose three.)

  1. Compensation history displays six categories of compensation.
  2. Compensation history automatically retrieves salary and stock-related information. The Recruiting payments and other categories have to be added manually.
  3. Compensation history shows one-time payments in other compensation and allowances paid regularly in recruiting payments.
  4. The summary in the compensation history shows the data for only five years.

Answer(s): B,C,D



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