Free Oracle 1Z1-330 Exam Dumps Questions & Answers

A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up Calculation Factors for the deduction elements setup.
Which two statements are correct regarding the Calculation Factors? (Choose two.)

• A.  Calculation Factors indicate which deduction range to use when calculating the deduction amount.
• B.  The Manage Deduction Group Rates task in the Payroll Calculation work area is used to view the calculation factors defined.
• C.  Calculation Factors define which classifications of earnings to consider when calculating the basis for the deduction element.
• D.  The Manage Deduction Ranges task in the Payroll Calculation work area is used to view the calculation factors defined.

When initiating an award, what is correct regarding possible workflow tasks? (Choose the best answer.)

• A.  You must use VariableAllocationTask and edit the rules if using only for notification.
• B.  You may use either VariableAllocationTask and VarialbeAllocationFYITask
• C.  You must use VariableAllocationFYITask and not VariableAllocationTask.
• D.  You must use VariableAllocationTask and not VariableAllocationFYITask.

During the Compensation Review cycle for the year 2014-15, the manager processes his direct reports compensation changes per the model created by him. After making the changes in the worksheet, the manager submits the proposed changes to the next level manager in the hierarchy for approval. What will the Manager status appear as in the workforce compensation area? (Choose the best answer.)

• A.  In Approvals
• B.  Fully Approved
• C.  Processed
• D.  Submitted
• E.  Work in Progress

How would you control the task of determining if a person is eligible for a compensation plan? (Choose the best answer.)

• A.  through element eligibility only, never with eligibility profiles
• B.  with the eligibility profiles, never through element eligibility
• C.  a mix of element eligibility and eligibility profiles
• D.  either with eligibility profiles or through element eligibility

As an implementation consultant, you are required to define the total compensation statement. You are creating the statement definitions for your compensation statement.
Which three statements are true about the statement definitions? (Choose three.)

• A.  Multiple legal employers, multiple countries, and multiple currencies cannot be included in one statement.
• B.  Reusing statement definitions by creating new statement periods and then modifying the definition for subsequent periods is not possible.
• C.  Compensation items with sources belonging to different legal employers cannot be added.
• D.  Edits to compensation categories affect all statement definitions that use that category.
• E.  The statement definition consists of compensation items added to compensation categories.
• F.  The statement definition acts as a template and determines the layout and content of the generated statement.