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NEW QUESTION 49
Performance Ratings are enabled in a compensation plan and a Rating Model is supposed to be created. Which two mandatory tasks are involved in creating the Rating Model? (Choose two.)

A. Create a Rating Level for the rating model.B. Populate Rating Categories for all rating levels.C. Create Target Distributions for each of the rating levels.D. Review points with from and to points entered for the rating level.

Answer: B,C

 

NEW QUESTION 50
Which two tasks are true about components in worksheet configurations? (Choose two.)

A. You can create up to five components to represent the different types of compensation that you want to award within a plan.B. Plans must have at least one component if awarding compensation.C. Each component has to be of a separate type, such as salary or bonus.D. There is the flexibility to add any number of components within a compensation plan.

Answer: A,B

 

NEW QUESTION 51
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 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.B. 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.C. 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.D. 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.E. 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.

Answer: A

 

NEW QUESTION 52
Which two are element classification types? (Choose two.)

A. InternationalB. PrimaryC. GlobalD. US-onlyE. Secondary

Answer: B,E

 

NEW QUESTION 53
A corporation is implementing Oracle Fusion Workforce Compensation and must set up compensation history. Identify the three correct options regarding the salary component. (Choose three.)

A. The growth rate shown in the details shows both cumulative and average annual salary growth rates.B. The base rate shown in the salary section is the average of the pay rate for the entire year.C. The base rate shown in the salary section is the most recent pay rate.D. The base rate shown in the previous years is the pay rate on 31 December of each year.

Answer: A,C,D

 

NEW QUESTION 54
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