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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.)
Question No. 2
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.)
Answer: B, D
Question No. 3
An administrator of a corporation must generate the compensation statements for the workers to notify them about their compensation details.
Identify the correct role that will give the administrator access to complete the process. (Choose the best answer.)
Question No. 4
Your client has a requirement where work-at-home assignments are not eligible for an employee compensation revision cycle. To facilitate capturing work-at-home assignment, you have created a custom column and associated a List of Values (LOV) with values 'Yes' and 'No'. Now you wish to create an eligibility profile around this. Which is the correct option? (Choose the best answer.)
Question No. 5
A corporation has implemented Oracle Fusion Workforce Compensation for a manufacturing client. Which is the building block used in the calculation of deductions and exemptions? (Choose the best answer.)
Question No. 6
When initiating an award, what is correct regarding possible workflow tasks? (Choose the best answer.)