Free Oracle 1Z0-330 Exam Dumps Questions & Answers

As an implementation consultant, you have created compensation items for the total compensation statement but have not attached them to compensation categories.
In this situation, which statement is correct? (Choose the best answer.)

• A.  You can add items to statement definitions directly, and to include items in statements you must add items to a compensation category.
• B.  You can add items to statement definitions directly.
• C.  You cannot add items to statement definitions directly, and you cannot add items to a compensation category.
• D.  To include items in statements you must add items to a compensation category.

You are the compensation manager of a corporation. Which four tasks can you perform while administering compensation for your workforce? (Choose four.)

• A.  Maintain currency rates and access to plans from the watchlist.
• B.  Override line manager allocations, job changes, and performance ratings.
• C.  Analyze plan results.
• D.  Create and manage models for use by line managers or by administrators to distribute compensation directly to employees.
• E.  Override line manager allocations, job changes, and performance ratings.
• F.  Run processes to initiate a compensation cycle.

A corporation is implementing Oracle Fusion Workforce Compensation and needs to give a spot bonus for a new hire as well as give the same for special recognition for employees.
Identify the correct option that will enable the organization to achieve the desired results.
(Choose the best answer.)

• A.  Configure the spot bonus as an individual compensation plan and add "Hire" as an action. Then, after an employee is hired, this plan can be added to employees anytime.
• B.  Configure the spot bonus as an individual compensation plan and add "All" as an action so that this plan can be added to anyone at any time.
• C.  Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire," this bonus can be added. Also add "Manage Contributions," which will enable managers to add it to reportees.
• D.  Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire", this bonus can be added. Also add "Manage Individual Compensation," which will enable Managers to add it to reportees.

A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up the Deductions options.
If Deduction cards are supported at multiple levels, which task in the Setup and Maintenance Work area is used to create deduction card overrides at the Payroll Statutory Unit level? (Choose the best answer.)

• A.  Manage Personal Deductions
• B.  Manage Legal Entity Deduction Records
• C.  Manage Legal Reporting Unit Deduction Records
• D.  Manage Payroll Deductions

A corporation is implementing Oracle Fusion Workforce Compensation and has set up an individual compensation plan for a contribution. This contribution has to be approved by the four members in parallel.
Identify the correct option regarding parallel approvals. (Choose the best answer.)

• A.  A parallel approval option is not available and any approval configured is always sequential.
• B.  Parallel approvals are not fully supported, but notifications can be sent to all members in parallel using the list builder resource option and configuring Application Role. However, the first person who claims the notification can approve it, and this ends the process and the other members lose control over the approval of the notification.
• C.  Parallel approvals are supported and can be configured using Static approval groups.
  Only after all the approvers approve will the process end.
• D.  Parallel approvals are supported by configuring the Application role option in the Resource list builder. Only after all the approvers approve will the process end.