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. A budget was published to the manager.

B. The manager submitted his or her worksheet for approval.

C. The first-level manager approved the manager's worksheet.

D. The highest-level manager or approver in the approval hierarchy approved the manager's worksheet.

E. The manager saved some changes to his or her worksheet.

Your customer's Workforce Compensation Plan for Annual Salary Review is set up with the following dates in the Plan Cycle: 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 There is a worker with a termination date of 30-Oct-2014. When the Transfer Data to HR process is run, it fails for this worker. What should you do to successfully add the lump sum award element entries and salary adjustments? (Choose the best answer.)

A. The worker termination date should be changed to reflect the same date as the HR Data Extraction date.

B. The salary adjustment or lumpsum effective date must be later that the worker's payroll last standard process date.

C. The salary adjustment or lumpsum effective date must be earlier than or equal to the worker's termination date.

D. The salary adjustment or lumpsum must be manually calculated and added for such workers.

E. Terminated workers should be excluded from being processed in Workforce Compensation plans.

Your customer's compensation has an itemized structure. The company wants to increase the Cost of Living allowance of the employees living in the New Jersey area by 3% to compensate for the increased living costs there. Which feature of Oracle Fusion Workforce Compensation can be used to achieve this? (Choose the best answer.)

A. Budget Pools

B. Plan Eligibility

C. Salary Component

D. Action and Action Reasons

E. Plan Access

Identify the four correct options about the summary tables in the compensation history. (Choose four.)

A. The Salary summary table gives detailed information about salary history, percentage change, comparatio, and growth rate.

B. The Stock summary table gives detailed information about grant date and price, granted, vested, and unvested shares, and the estimated value of unvested shares.

C. The summary table of other compensation gives detailed information about effective date, amount, currency, and grand total information about all awards.

D. The summary table of recruiting payments gives detailed information about effective date, amount, currency, and grand total information for an individual award or compensation amounts.

E. The summary table of payroll elements gives detailed information about element, input value, actual value and the grand total for the year.

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. With administrative budgeting, enable managers to award compensation within their allocated budget amounts by automatically publishing budget amounts.

C. Determine budget amounts offline by downloading budget details to a spreadsheet.

D. Publish budgets to line managers to distribute budgets down the reporting hierarchy or to allocate budget amounts at the employee level.

A corporation implemented Oracle Fusion Workforce Compensation. A Salary Basis has been created and

attached to the workers and a Compensation cycle has been run. The corporation now wants to use a

different Grade rate for the salary basis.

Which option is true? (Choose the best answer.)

A. After the salary basis is associated with any worker, you cannot delete it or modify any characteristic. Therefore, a new Salary Basis must be created with a new Grade rate.

B. A new Grade rate can be created and the Salary basis can be modified to include it.

C. No new Grade rate can be created.

D. The salary of an employee is based on the grade to which the employee is assigned. Therefore, nothing has to be changed at the salary basis level once it has been created. Employee data must be modified to reflect the new grade.

Identify the list builder that is used in the delivered variable allocation task that appears to all allocations. (Choose the best answer.)

A. Position Hierarchy

B. Dynamic Approval Group

C. Static Approval Group

D. Supervisory Hierarchy

E. Auto Approval

A corporation implemented Oracle Fusion Workforce Compensation. A salary basis has been created and

attached to the employee and a compensation cycle has been run. The corporation wants to include a new

component as part of the salary basis.

Which three are predefined components? (Choose three.)

A. Regular and automatic adjustment

B. Market adjustment due to salary being out of line with the market

C. Equity adjustment to correct salary compression or inversion

D. Adjustment due to corrections within the organization

As a compensation manager, in which four cases would you find an employee newly added to your worksheet? (Choose four.)

A. An employee transfers into your organization.

B. An employee's data has been corrected by HR and it now satisfies the eligibility criteria.

C. An employee leaves an organization.

D. A contingent employee becomes a regular employee.

E. A loaned employee in your organization returns after assignment completion.

F. An intern in your organization gets his place confirmed as an employee.

As an implementation consultant, you have defined a total compensation statement. You have defined three compensation items (a new hire bonus, a profit sharing bonus, and a quarterly bonus), which are attached to the bonus category. You no longer need the quarterly bonus item but you are unable to delete it. Which statement is true for the given scenario? (Choose the best answer.)

A. The item cannot be deleted, because it is attached to a category.

B. The above scenario does not stand true as the item can be deleted.

C. More than one administrator might be using the item and, therefore, it cannot be deleted.

D. Before deleting the item, you must configure a zero value behavior for the item.