Oracle 1Z1-1000 : Oracle Workforce Compensation Cloud 2018 Implementation Essentials

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

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

Your Workforce Compensation Plan has the following Plan Cycle setup:
* Evaluation Period Start Date: 1-Jan-2014
* Evaluation Period End Date: 31-Dec-2014
* Worksheet Update Period Start Date: 1-Jan-2014
* Worksheet Update Period End Date: 31-Dec-2014
* HR Data Extraction: 31-Dec-2014
* Eligibility Determination Date: 31-Dec-2014
* Worksheet Update Period Start Date: 1-Nov-2014
* Worksheet Update Period End Date: 31-Jan-2015
Due to reorganization in the month of December 2014, the Marketing department was split into two new departments: Branding and Communications, which resulted in transfers of many employees from one manager to another.
You, as the compensation administrator, are required to ensure that all the relevant organizational changes are included in the Compensation Worksheet. What would you have to do to accomplish this? (Choose the best answer.)

• A. Validate Plan Setup to ensure that all HR Data updates are accounted in the worksheet.
• B. Run the Refresh Workforce Compensation Data process on 1-Nov-2014 because that is the date when line managers start updating the worksheet.
• C. Run the Back Out Workforce Compensation Data process with the "Full back out" option.
• D. Schedule the Refresh Workforce Compensation Data process nightly to ensure that line managers see the most current data, including the recent transfers and other employment changes.

You have configured a compensation plan to include ratings from the performance management system. For one particular division, the performance ratings have not been finalized and are shown as blank on the compensation worksheet. The manager updates the performance rating while allocating compensation. What happens in this case? (Choose the best answer.)

• A. The rating will be available to only the plans where the same manager is involved.
• B. The rating will be available to only the plan where it is updated.
• C. The rating will be available in the Performance document in the performance system.
• D. The rating will be available to all plans that are currently active.

What is the relationship between Net Pay and Earnings? (Choose the best answer.)

• A. Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings for the run.
• B. Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings minus all the non-voluntary deductions calculated for the run.
• C. Net Pay is a calculated balance that is standard earnings minus all the deductions calculated for the run.
• D. Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings minus all the deductions calculated for the run.

A corporation implemented Oracle Fusion Core HR on a three-tier model with Multiple Employment Terms with Multiple Assignments as the employment model. An employee of the corporation has multiple assignments and multiple employment terms on different payroll frequencies.
What kind of salary basis must be associated with the employee? (Choose the best answer.)

• A. One salary basis for each employment terms and one of them can be used for assignment
• B. One salary basis for all assignments and employment terms
• C. A different salary basis associated with each assignment or employment term.
• D. One salary basis for each assignment and one of them can be used for the employment terms