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1Z1-330 PDF DEMO:

QUESTION NO: 1
While implementing, you are grouping compensation items and categories for displaying them together. Therefore, when planning how to group compensation items and categories, you must consider which three options? (Choose three.)
A. Category Type
B. Contribution Type and Unit of Measure
C. Level of detail
D. Statement definitions
E. Compensation Items
F. Category Detail
Answer: A,B,C
Explanation:
Group related compensation together into compensation categories for display in total compensation statements. When planning how to group compensation items and categories for display, you must consider the following factors:
* Category type
* Contribution type and unit of measure
* Level of detail
Reference:
https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387366AN19E05.htm

QUESTION NO: 2
Which five tasks can be performed by a compensation manager? (Choose five.)
A. Allocate compensation.
B. Promote and rate worker performance while allocating compensation.
C. Determine compensation amounts offline by downloading details to a spreadsheet.
D. Review and approve work of Superior Manager.
E. Generate company-configured compensation change statements to notify workers of a compensation award, job change, or performance rating assignment.
F. Analyze proposed changes for equity among peer groups and by manager, alignment with the market, and pay for performance strategies.
Answer: A,B,C,E,F
Reference:
https://docs.oracle.com/cd/E37583_01/doc.1116/e22776/F387083AN108D9.htm#F390541AN1090B

QUESTION NO: 3
You are configuring approvals under the Worksheets task list for an annual workforce compensation plan. Your customer wants the worksheets to be approved by different people other than the hierarchy determined for the plan.
How should you accomplish this? (Choose the best answer.)
A. Create an alternate manager approval hierarchy that overrides the plan hierarchy.
B. Create an alternate manager approval hierarchy and replace the plan hierarchy with the created alternate hierarchy.
C. Have the customer change the business process because you cannot have different approval hierarchies for the plan and the worksheet.
D. Create an alternate position approval hierarchy that overrides the plan hierarchy.
Answer: D

QUESTION NO: 4
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.
Answer: A,B,D,E

QUESTION NO: 5
During the compensation review cycle, which two actions occur when a manager is allocated a zero or null budget? (Choose two.)
A. The manager can manually allocate some budget for his team.
B. The manager does not have access to the plan.
C. The manager will have read-only access.
D. The available budget becomes negative when the manager makes allocations.
Answer: A,C
Explanation:
You can distribute initial budgets for one or more managers in the hierarchy. When the budget is zero or null, managers have read-only access to their budgets. A null budget contains no value. A zero budget means no amount is budgeted.

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Updated: May 28, 2022