Your client’s organization is a multi -country organization with headquarters in the US. All employees are covered under one global compensation plan. However, the managers in each country want to administer compensation in their country’s respective curren cy. How would you enable this feature? (Choose the best answer.)
A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up compensation history. Identify the three correct options regarding the various compensations shown in the history. (Choose three.)
When compiling Fast Formula, you receive the error message “Database item PER_ASG_ATTRIBUTE3 must have a DEFAULT statement because it was specified that null or not found is allowed.” What is the cause of the error? (Choose the best answer.)
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 corporation has implemented Oracle Fusion Workforce Compensation and set up an individual compensation plan with the following details. • Name: Variable component • Restrict plan access: Yes • Action: Manage Contributions • Access Level: New • Allocations: Always Allow • Update Allocations: Never Allow • Discontinue Allocations: “Allowed during a specific period” with the period start and end dates configured. Identify the correct option for the possible actions. (Choose the best answer.)
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.)
