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1Z1-330 PDF DEMO:

QUESTION NO: 1
A corporation needs to set up a compensation plan for a vehicle allowance that will allow different amounts for different types and models of vehicles.
How can you achieve the desired results? (Choose the best answer.)
A. Configure one compensation plan and add as many options as three are allowed for vehicle types and models. Define eligibility and associate the same payroll element to all the options such that an employee can use only one option.
B. Configure as many compensation plans as there are allowed types and models of vehicles, because options cannot have eligibility profiles associated, and use different payroll elements for each of them.
C. Configure one compensation plan, add as many options as there are allowed for different types and models. Define eligibility and associate the different payroll elements to all the options such that any payroll element can be associated with only one plan and option.
D. Configure as many compensation plans as there are different types and models, because options cannot have associated eligibility profiles, and use the same payroll element for all of them.
Answer: C

QUESTION NO: 2
Your customer is planning to configure an Individual Compensation Company Car Plan to include only the Sales department employees. The customer also wants to restrict luxury model vehicles to executive positions.
Which three statements are true about accomplishing this? (Choose three.)
A. Create an eligibility profile to include only the Sales department and attach it to Company Car
Plan.
B. Create an eligibility profile to include executive positions and attach it to Company Car Plan.
C. Create an eligibility profile to include the Sales department and the executive positions and attach it to Company Car Plan and the Luxury models option.
D. Create an eligibility profile to include the executive positions and attach it to the Luxury models option.
E. You cannot achieve this because you cannot attach eligibility profiles with Plan and Option.
F. You can attach eligibility profiles with Plan, Option, or both.
Answer: A,B,C
Reference:
http://docs.oracle.com/cd/E15586_01/fusionapps.1111/e20376/F566542AN41438.htm

QUESTION NO: 3
A corporation has implemented Oracle Fusion Workforce Compensation for a manufacturing client. As an implementation consultant, you are required to set up the Deduction elements to capture the employee's personal contributions.
Which four can be categorized as Deduction components corresponding to payroll deduction elements? (Choose four.)
A. Wage basis rules
B. References for calculation factors
C. Deduction group
D. Elements
E. Input values
F. Flat amount
G. Balance feeds
Answer: A,B,C,D
Reference:
http://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20379/F597776AN358E7.htm (Payroll
Deduction Components at the Legislative Level: Examples)

QUESTION NO: 4
Your customer wants to configure a workforce compensation plan with multiple cycles.
Identify two correct statements about plan cycles. (Choose two.)
A. A plan can have multiple compensation cycles, each with unique period dates.
B. A plan can have multiple compensation cycles, each with same period dates.
C. You can duplicate a cycle and specify the number of months to advance all dates.
D. Each plan that requires a different cycle must be created manually.
Answer: A,C

QUESTION NO: 5
A compensation administrator has set up a Workforce Compensation Plan with Budget Pools.
Manager Level Budgeting is enabled for the pool and default budget values have been configured for the following columns on the Configure Budget Page Layout page:
* Budget Distribution Amount or Budget Distribution Percentage columns on the Detail Table tab
* Budget Amount or Budget Percentage columns on the Summary Columns tab To distribute the budgets automatically, the compensation administrator should run
_ _________. (Choose the best answer.)
A. the Start Compensation Cycle process
B. the Validate Plan Setup process
C. the Refresh Data process
D. the Start Compensation Cycle process. After this, the Administrator should create a model to distribute the budgets.
Answer: D

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Updated: May 28, 2022