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Oracle Cloud Certification 1Z0-330 Free Online Test

Cloud-exams real Oracle Cloud Certification 1Z0-330 test questions share Oracle Cloud Certification 1Z0-330 free online test. Currently, Oracle Certification 1Z0-330 exam online test only provide 20 questions. Answer one question correctly, you can get 5 points. The content of these questions are the latest 1Z0-330 exam questions. Please feel free to test your skill level.

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1. You client has a requirement that allows a salary adjustment based on the number of dependents the employee has, and this allowance must be mapped to a separate component. Because this allowance cannot have a logical mapping with any of the predefined components, you decide to create a new salary component called “Family Allowance”.
Which option would you use to achieve this? (Choose the best answer.)


2. A corporation implemented Fusion Compensation and must run a compensation cycle. The corporation has seven different active components in the salary basis. Salaries of all the employees must be updated in bulk mode.
Which statement is true about the bulk update using Integrated Workbook? (Choose the best answer.)


3. Which two statements are true about Base Pay? (Choose two.)


4. Which statement is true regarding elements? (Choose the best answer.)


5. A corporation has implemented Oracle Fusion Compensation for a manufacturing client. The Fusion consultant created a Bonus element with primary classification as Supplemental earning.
What is true about the subclassifications for the created element? (Choose the best answer.)


6. Your customer wants line managers to be able to access the active workforce compensation plan during the first three months of the Plan period, but not to update it. The evaluation period start and end dates for the plan are January 1 to December 31 of the year.
How should you set this up? (Choose the best answer.)


7. 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.)


8. 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.)


9. The compensation administrator wants to run the batch process to administer the compensation cycle.
Which are the four valid batch processes in terms of the compensation module? (Choose four.)


10. Contingent workers are ineligible as per the eligibility rules defined for your organization’s compensation plan. The compensation plan cycle is started. As is the standard practice, the compensation administrator schedules the “Refresh Workforce Compensation Data” nightly. A worker who was a contingent worker is now an employee of the organization and the next day shows up in Manager’s worksheet.
How is this possible? (Choose the best answer.)


11. While you are setting up Stock Details, you notice that the details you entered are different from the ones showing up in system.
What could have been the possible reasons for this? (Choose the best answer.)


12. 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.)


13. A corporation started giving performance bonuses to eligible employees on a monthly basis. As a compensation administrator, you are required to display performance bonuses with similar or related compensation items.
How will you configure this requirement in the Fusion application? (Choose the best answer.)


14. After creating a compensation plan and eligibility profiles, you are currently modeling the budget allocation. The HR manager informs you that one employee under Supervisor 1 has been seconded to a different country on a temporary basis with no changes to his employment terms and that this employee must be removed from the budgeting exercise.
What is the correct way of achieving this? (Choose the best answer.)


15. Identify the four components that can be included in a fast formula. (Choose four.)


16. The compensation plan that is implemented for your customer has a column that defaults based on a dynamic column. However, as per the customer’s requirement, if the value in this column is manually updated in the worksheet by a manager, there should not be any further changes made to it automatically when the “Refresh Data” process is run.
How can a compensation administrator achieve this? (Choose the best answer.)


17. The Fusion Compensation module must be integrated with Fusion Performance Rating.
In which three ways can the performance rating be made available? (Choose three.)


18. A corporation is implementing Oracle Fusion Workforce Compensation and must set up salary bases. Employees are assigned different grades within the organization and the salaries are dependent on the grades.
What is the correct way to set up the salary bases? (Choose the best answer.)


19. As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for the same.
Which four source types are available for selection while creating a compensation item for the total compensation statement? (Choose four.)


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


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