Free Oracle 1Z1-330 Exam Dumps Questions & Answers

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.  Compensation Items
• B.  Category Type
• C.  Level of detail
• D.  Contribution Type and Unit of Measure
• E.  Category Detail
• F.  Statement definitions

As a compensation manager, in which four cases would you find an employee newly added to your worksheet? (Choose four.)

• A.  An employee's data has been corrected by HR and it now satisfies the eligibility criteria.
• B.  An intern in your organization gets his place confirmed as an employee.
• C.  An employee transfers into your organization.
• D.  A loaned employee in your organization returns after assignment completion.
• E.  An employee leaves an organization.
• F.  A contingent employee becomes a regular employee.

The Budget Pool Storage Method selected is "Amount." One of the line managers in the organization has twenty employees reporting to him. One of the employees leaves the organization during the compensation cycle.
What will be the effect on the budget allocated to the Line Manager? (Choose the best answer.)

• A.  The published amounts stay with the manager when workers are reassigned or their eligibility changes.
• B.  The published budgets is always a percentage of the total budget pool.
• C.  The published budgets change when a manager's total eligible salary changes, such as when workers eligibility changes.
• D.  The published budgets change when a manager's total eligible salary changes, such as when workers are reassigned.

Your client is a consumer goods wholesaler. The client's organization has five departments. While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees in that department. In the current year, only the Electronics department has exceeded its sales target.
How would the compensation manager allocate the extra budget to the manager of the Electronics Department? (Choose the best answer.)

• A.  Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.
• B.  Publish the original budgets to all managers, followed by publishing the extra budget to only the manager of the Electronics department.
• C.  Request excess budget allocation from the manager above him.
• D.  Initiate budgets automatically by using the Start Compensation Cycle process.

Identify three correct statements about changes in an employee's compensation when the employee's FTE value changes in employment. (Choose three.)

• A.  If the salary record end date is the same as the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.
• B.  If the salary record has the end date before the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.
• C.  If the salary record end date is 31-DEC-4712 (that is, the date is "blank" in the salary UI), the FTE value is fetched as of the current system date and Annual Salary and Annual FT Salary are calculated by using that value.
• D.  If the salary record has the end date after the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.
• E.  If the salary start date is after the current date (that is, it is a future-dated salary record), the FTE value is fetched as of the salary start date and Annual Salary and Annual FT Salary are calculated by using that value.