Oracle E-Business Suite R12 Human Capital Management Essentials (1z0-548) Practice Test

Questions # 21:

Identify the two tasks that can be performed in Compensation Workbench (CWB)

Options:

Set Budgets

Review and Submit

Change Supervisor

Change Cost Center

Change Job

Questions # 22:

Your client wants users to be prompted to enter the "Contract Sign-off date" whenever a new contract is entered with a status as Active or when an existing contract's status is changed from any other status (e.g. Inactive, Pending, etc.) to Active. As the field "Contract Sign-off date" is not available as a standard field in the Contracts form, how would you achieve this?

Options:

Choose CONTRACT.STATUS in the Reference Field for the Descriptive Flexfield-Additional Contract Details. Create a structure with the same Lookup Code as the active contract status. Make the segment of this structure as mandatory.

Create the segments in the Global Data Element Context structure. Make the segments of this structure as mandatory.

Without adding any value to the reference field, create a new structure with the same Lookup Code as the active contract status. Make the segments of this structure as mandatory.

The Lookup type: CONTRACT_STATUS stores the valid contract statuses. Add the "Contract Sign-off date" as one of the values in the lookup.

This cannot be achieved using the Additional Contract Details DFF.

Questions # 23:

You are creating a new non-recurring element. Assume proration is available in the legislation where the element has been created. Identify the two ways in which proration of an element can be achieved.

Options:

Write a separate proration formula and attach the proration formula to the element definition.

Embed the proration calculation within the payroll formula and attach the proration group to the element definition.

Attach retro event group to the element definition.

Only recurring elements can be prorated, hence create recurring element for proration.

Create input values as effective start date and effective end date to enable proration for that element.

Questions # 24:

What are the types of program/plan years that the Compensation Workbench supports?

Options:

Calendar and Fiscal Year

Calendar Year only

Fiscal Year only

Payroll Calendar

Period Years

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