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1Z1-330 PDF DEMO:

QUESTION NO: 1
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: 2
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: 3
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

QUESTION NO: 4
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.

QUESTION NO: 5
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

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Updated: May 28, 2022