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.)
A. You may have forgotten to save the changes made.
B. Another administrator might have accessed these settings after you have saved it.
C. Network connectivity issue may have hindered your data being sent to the server.
D. You do not have the privileges to change Stock Details.
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.)
A. Attach performance bonuses to similar compensation items.
B. Attach performance bonuses to similar compensation categories/subcategories.
C. Attach performance bonuses to similar elements.
D. Attach performance bonuses to similar sources.
Which two tasks are performed by compensation managers while determining budgets? (Choose two.)
A. Manually calculate budget amounts or automatically determine budget amounts by using a model.
B. With administrative budgeting, enable managers to award compensation within their allocated budget amounts by automatically publishing budget amounts.
C. Determine budget amounts offline by downloading budget details to a spreadsheet.
D. Publish budgets to line managers to distribute budgets down the reporting hierarchy or to allocate budget amounts at the employee level.
What is the maximum number and kind of items that you can add when defining a custom category? (Choose the best answer.)
A. three custom columns
B. five custom columns
C. three items
D. three subcategories
Which statement is correct about secondary element classifications? (Choose the best answer.)
A. They are user-defined and can be edited.
B. They are user-defined and cannot be edited.
C. They are predefined and can be edited.
D. They are predefined and cannot be edited.
You are configuring a work-administered individual compensation plan where your workers can enroll in the plan anytime during the year, but can discontinue their contributions only in the month of March each year. How should you achieve this? (Choose the best answer.)
A. Select specific HR actions such as transfer, promotion, and new hire for the plan with access level for each action allowed during a specific period.
B. Do not select any additional actions other than Manage Contributions with access level as Create: Always allowed; Update: Allowed during a specified period; Discontinuing: Never allowed.
C. Make the plan available for all actions in the list with access level for each action Always allowed.
D. Do not select any additional actions other than Manage Contributions with access level for each action as Create: Always allowed; Update: Never allowed; Discontinuing: Allowed during a specified period.
As an implementation consultant, you are required to create an element for capturing the bonus awarded in the compensation cycle. Which two statements are correct regarding the input values of the element created? (Choose two.)
A. The automatically created Amount input value is identified as the primary input value.
B. No additional configuration is required to attach this element to the workforce compensation plan component.
C. You must manually mark the Amount input value as the primary input value in the Special Purpose field.
D. Element entries are created for all the input values of the element.
E. It is possible to link the same element but different input values to different components or options within the same compensation plan.
Which three statements are true regarding plan cycles? (Choose three.)
A. All active plans are available to be cross-referenced, even plans with no started cycles.
B. You can display a target amount or custom score from a previous plan cycle in the current plan cycle.
C. Active plans are available to be cross-referenced, except plans with no started cycles.
D. You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.
E. You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.
As an implementation consultant, you are required to create an element that is applicable only to a set of employees who are in the Production department and who are on weekly payrolls. What is the correct configuration to meet this requirement? (Choose the best answer.)
A. Create Element Eligibility with the Legal Employer and Payroll Statutory Unit parameters.
B. Create an element without defining Element Eligibility.
C. Create Element Eligibility with the Grade and Position parameters.
D. Create Element Eligibility with the department and specific payroll parameters.
What happens when you define Workforce Compensation Plan components but the employees to whom the compensation change is being administered does not have any component in his or her salary? (Choose the best answer.)
A. The sum of all components identified to be posted as salary is posted as a single salary adjustment amount to the employee's salary record.
B. The first component is automatically mapped to the salary and the amount associated with this component is posted as a salary adjustment to the employee record.
C. The last component is automatically mapped to the salary and the amount associated with this component is posted as a salary adjustment to the employee record.
D. The component adjustment is not posted as a salary adjustment to the employee's record. While designing the compensation plan, it has to be kept in mind that the plan components must have a direct mapping with the employee's salary components.