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Download Oracle Compensation Cloud 2022 Implementation Professional Exam Dumps

NEW QUESTION 20
As compensation manager, you are creating a Salary and Bonus earnings compensation item to define a total compensation statement. Per system requirements, you must select an appropriate source type to show the correct information on the statement.
Select the correct "Source Type". (Choose the best answer.)

  • A. Benefit Balance
  • B. Salary Basis
  • C. Payroll Element
  • D. Formula

Answer: B

 

NEW QUESTION 21
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.)

  • A. Payroll Balance
  • B. Element Entry
  • C. Benefit Balance
  • D. Deduction Range
  • E. Formula
  • F. Input Value

Answer: A,B,C,E

 

NEW QUESTION 22
A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up the Deductions options.
If Deduction cards are supported at multiple levels, which task in the Setup and Maintenance Work area is used to create deduction card overrides at the Payroll Statutory Unit level? (Choose the best answer.)

  • A. Manage Legal Reporting Unit Deduction Records
  • B. Manage Legal Entity Deduction Records
  • C. Manage Payroll Deductions
  • D. Manage Personal Deductions

Answer: A

Explanation:
Use the Manage Personal Deductions task in the Payroll Calculations or Payroll Administration work area to create deduction card overrides at the payroll relationship level. If overrides are allowed, the Overrides Allowed on Deduction Cards tab appears in the Component Details section of the Manage Deduction Cards page when you select a deduction component. Click Create to define an override. The override value you enter varies based on the type of override item defined in the deduction range, as described in the previous section. For example, you may enter a rate to be used in the deduction calculation or an amount to be added to the calculated amount.
If your localization supports deduction cards at multiple levels, use the Manage Legal Entity Deduction Records task in the Setup and Maintenance work area to create deduction card overrides at the payroll statutory unit level. Use the Manage Legal Reporting Unit Deduction Records task in the Setup and Maintenance work area to create deduction card overrides at the tax reporting unit level.

 

NEW QUESTION 23
As compensation manager, you are generating a total compensation statement for a corporation. Which two options are mandatory to be used as inputs while generating the total compensation statement? (Choose two.)

  • A. Statement Period
  • B. Legal Employer
  • C. Statement Definition Name
  • D. Compensation Category

Answer: A,D

 

NEW QUESTION 24
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