As an implementation consultant, you are required to define the total compensation statement. You are creating the statement definitions for your compensation statement.
Which three statements are true about the statement definitions?

• A. Reusing statement definitions by creating new statement periods and then modifying the definition for subsequent periods is not possible.
• B. Compensation items with sources belonging to different legal employers cannot be added.
• C. The statement definition consists of compensation items added to compensation categories.
• D. Edits to compensation categories affect all statement definitions that use that category.
• E. Multiple legal employers, multiple countries, and multiple currencies cannot be included in one statement.
• F. The statement definition acts as a template and determines the layout and content of the generated statement.

A corporation is implementing Oracle Fusion Compensation Management and needs to set up the
following for all employees:
-Salary paid based on the grades of employees.
-Car allowance paid based on the department and position
-Spot bonus paid based on a committee's decision.
Identify the correct option for the setup.

• A. Set up a salary basis for "Salary" and associate a grade rate matrix to it, and add a car allowance and spot bonus as components for the salary basis along with Salary. Attach the required payroll elements to the salary. Have salary validations to restrict access and payment for specific departments and positions.
• B. Set up one individual compensation plan with all three options. Add the required payroll elements and add restriction based on eligibility profiles and plan access.
• C. Set up a salary basis for "Salary" and associate a grade rate matrix and the payroll element to it. Set up individual compensation plans for the car allowance and spot bonus, and restrict the access to line manager and HR specialist respectively. Additionally, add an eligibility profile to the car allowance to restrict it to specific departments and positions.
• D. Set up Salary and the spot bonus as two salary bases, because there are no eligibility restrictions. Set up the car allowance as an individual compensation plan- Add the required payroll elements and add eligibility profiles for the car allowance for specific departments and positions.

Your client wants you to create a single Compensation Change statement that includes compensation awarded for multiple plans. What would you, as an implementation consultant, advise your client?

• A. Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.
• B. Create a custom data model that can pull compensation awarded from different plans and display the data using a BI publisher layout.
• C. Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.
• D. This is possible only in the on-premises model using customization and is not possible inan SaaS instance. Therefore, you would respond accordingly to the client.

A corporation is implementing Oracle Fusion Compensation Management and needs to give a spot bonus for a new hire as well as give the same for special recognition for employees.
Identify the correct option that will enable the organization to achieve the desired results.

• A. Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire," this bonus can be added. Also add "Manage Individual Compensation," which will enable Managers to add it to reportees.
• B. Configure the spot bonus as an individual compensation plan and add "Hire" as an action. Then, after an employee is hired, this plan can be added to employees anytime.
• C. Configure the spot bonus as an individual compensation plan and add "All" as an action so that this plan can be added to anyone at any time.
• D. Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire," this bonus can be added. Also add "Manage Contributions," which will enable managers to add it to reportees.

A corporation needs to set up a compensation plan for a Housing allowance that will allow the company to grant these allowances to only employees above a particular role.
Identify the option that indicates the correct way of implementing it.

• A. Set up a salary basis and restrict the eligibility to the required roles.
• B. Set up role-based security to the Individual compensation wor1< area so that only managers are allowed.
• C. Set up access restrictions to the individual compensation plan using the correct HR act/on so that it can be added only to the specific roles.
• D. The payroll administrator must add the element to the employees in the specified roles, because this cannot be achieved through configuration.