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NEW QUESTION # 20
Which metric associated with the Workforce Plan to Budget OMBP is utilized in talent and financial planning?
Answer: A
Explanation:
Comprehensive and Detailed Explanation:ThePosition Actual to Budgetmetric is essential in bothtalent managementandfinancial planningas it helps HR and finance teams analyze cost variances between budgeted and actual workforce expenses.
* Cost Control & Resource Allocation:Organizations can use this metric to track workforce expenditures and compare them with planned budgets, helping in financial decision-making.
* Workforce Planning:Helps identify where budget constraints impact hiring or if additional resources need to be allocated.
* Strategic Adjustments:If significant variances are detected, organizations can reevaluate hiring strategies, adjust budgets, or optimize workforce distribution.
References:Oracle Fusion Cloud HCM - Workforce Planning and Budgeting Guide.
NEW QUESTION # 21
How does payroll integration within the Absence Tracking to Compliant Absence Management OMBP help ensure compliance with labor regulations?
Answer: B
Explanation:
Comprehensive and Detailed Explanation:Payroll integration within theAbsence Tracking to Compliant Absence Management OMBPhelps ensure regulatory compliance by automating the synchronization of absence records and payroll data.
* Accurate Leave Calculations:The system automatically updates leave balances based on real-time attendance data, reducing errors that could result in incorrect salary deductions or overpayments.
* Regulatory Compliance:Integration ensures that absence records align with labor laws and organizational policies, reducing risks related to non-compliance.
* Efficiency and Transparency:Automating leave calculations in payroll reduces administrative overhead and enhances transparency in employee compensation.
References:Oracle Fusion Cloud HCM - Absence Management and Payroll Integration Guide.
NEW QUESTION # 22
Which three features are included in a Starter Configuration?
Answer: A,C,E
Explanation:
Comprehensive and Detailed Explanation:AStarter Configurationin Oracle Fusion Cloud Applications provides a pre-built setup that organizations can use as a foundation for implementation. It includes:
* Sample Master and Transaction Data:Allows testing of configurations with predefined data models.
* Artificial Intelligence Capabilities:Enables AI-driven insights, recommendations, and automation within Oracle Cloud Applications.
* Configuration of Oracle Cloud Applications:Comes with pre-configured modules to facilitate rapid deployment.
References:Oracle Fusion Cloud HCM Implementation Guide - Starter Configurations and Embedded OMBPs.
NEW QUESTION # 23
Which three are key capabilities of Oracle Cloud Success Navigator?
Answer: A,B,D
Explanation:
Comprehensive and Detailed Explanation:TheOracle Cloud Success Navigatorprovides various tools and resources to help organizations make the most of their Oracle Cloud investment. Its key capabilities include:
* Guidance for Continuous Innovation:Helps organizations stay up to date with Oracle Cloud features and improvements.
* Implementation Guidance:Provides structured support to streamline the deployment of Oracle Cloud solutions.
* Preconfigured Starter Environments:Offers ready-to-use configurations that simplify adoption and implementation.
References:Oracle Cloud Success Navigator Documentation - Key Capabilities.
NEW QUESTION # 24
Which activity in the Recognition to Reward OMBP allows an administrator to access real-time insights during the compensation cycle?
Answer: D
Explanation:
Comprehensive and Detailed Explanation:TheReview Team Compensation and KPIsactivity enables administrators to monitor compensation trends and key performance indicators in real-time.
* Data-Driven Compensation Decisions:Provides insights into team compensation structures, allowing organizations to adjust rewards based on employee performance.
* Real-Time Monitoring:Ensures that compensation distribution aligns with predefined policies, equity standards, and performance metrics.
* Ensuring Fair Pay Practices:Helps HR professionals assess salary adjustments and bonuses for fairness across teams and departments.
References:Oracle Fusion Cloud HCM - Compensation and Rewards Management Guide.
NEW QUESTION # 25
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