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1Z1-330 PDF DEMO:

QUESTION NO: 1
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. Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.
B. Create a custom data model that can pull compensation awarded from different plans and display the data using a BI publisher layout.
C. Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.
D. 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.
Answer: C

QUESTION NO: 2
As compensation administrator, you are required to show "Actual amounts paid to the worker" in the Total Compensation Statement. To meet this requirement, which component must be created?
(Choose the best answer.)
A. Compensation Item
B. Compensation Category
C. Compensation Source
D. Compensation Statement Definition
Answer: C

QUESTION NO: 3
An administrator of a corporation must generate the compensation statements for the workers to notify them about their compensation details.
Identify the correct role that will give the administrator access to complete the process.
(Choose the best answer.)
A. Compensation Administrator
B. Compensation Manager
C. Line Manager
D. HR Specialist
Answer: C

QUESTION NO: 4
You are an implementation consultant, and the client organization wants you to provide a solution for how not to display the welcome message in the total compensation statement.
What will your answer in this situation be? (Choose the best answer.)
A. Changing the welcome message is not possible.
B. Edit the "Do not display Welcome message" option in "Statement Definition."
C. Edit the "Do not display Welcome message" option in "Compensation Item."
D. Edit the "Do not display Welcome message" option in "Compensation Category."
Answer: B
Reference:
https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387366AN19E05.htm (creating a statement definition)

QUESTION NO: 5
Which statement is true regarding elements? (Choose the best answer.)
A. Elements have possibly multiple primary classifications, one secondary classification, and one subclassification.
B. Elements have one primary classification, one secondary classification, and one subclassification.
C. Elements have possibly multiple primary classifications, possible multiple secondary classifications, and possibly multiple subclassifications.
D. Elements have one primary classification, possibly multiple secondary classifications, and possibly multiple subclassifications.
E. Elements have one primary classification, one secondary classification, and possibly multiple subclassifications.
Answer: E
Explanation:
Subclassifications provide a way to feed balances. Elements can have only one primary and secondary classification, but multiple subclassifications. You can create subclassifications or use predefined ones. Once a subclassification is associated with a classification it cannot be associated with another classification. A subclassification name can be reused under different primary classifications, but you will have to create separate balance feeds for each subclassification with the same name.

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Updated: May 28, 2022