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Oracle HCM: Core HR Part 1 Exam With 100% Correct Answers 2024, Exams of Advanced Education

Oracle HCM: Core HR Part 1 Exam With 100% Correct Answers 2024 Human Capital Management (HCM) - Correct Answer-set of practices related to people resource management HCM Benefits - Correct Answer-- Manage employee life cycle - Employee Self Service - Analytics and Reporting - Organization Foundations of HCM - Correct Answer-- Legal Entity - Legislative Data Groups - Assignments - Reference Datasets Legal Entities - Correct Answer-recognized party with rights and responsibilities given by legislation Legislative Data Groups (LDG) - Correct Answer-a means of partitioning payroll and related data

Typology: Exams

2023/2024

Available from 06/27/2024

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Oracle HCM: Core HR Part 1 Exam With

100% Correct Answers 2024

Human Capital Management (HCM) - Correct Answer-set of practices related to people resource management HCM Benefits - Correct Answer-- Manage employee life cycle

  • Employee Self Service
  • Analytics and Reporting
  • Organization Foundations of HCM - Correct Answer-- Legal Entity
  • Legislative Data Groups
  • Assignments
  • Reference Datasets Legal Entities - Correct Answer-recognized party with rights and responsibilities given by legislation Legislative Data Groups (LDG) - Correct Answer-a means of partitioning payroll and related data

Additional information about LDGs - Correct Answer-- at least one is required for each country where the enterprise operates

  • each is associated with one or more payroll statutory units
  • create for each currency in which you pay workers Assignments - Correct Answer-provides information about a persons role such as a job, position, pay, compensation, managers, working hours and location Reference Datasets - Correct Answer-ability to organize/separate organizational data via SETIDs Data Efficiency - Correct Answer-preserves a history of changes made to the attributes of some objects Business Unit (BU) - Correct Answer-a unit of an enterprise that performs one or many business functions that can be rolled up in a management hierarchy

Departments - Correct Answer-an organization with one or more operational objectives or responsibilities that exists independently of its manager Location - Correct Answer-identifies physical addresses of a workforce structure, such as department or job Cost Center - Correct Answer-represents the smallest segment of an organization for which costs are collected and reported Jobs - Correct Answer-holds a specific job group where a worker would belong Positions - Correct Answer-holds a specific position group used by workers for their assignment and is segregated through business units Salary Basis - Correct Answer-establishes the duration for which a salary is quoted for example: hourly, monthly, or annually Grades - Correct Answer-records the level of compensation for workers (you can set up grade with or without grade steps)

Grade Rates - Correct Answer-distinct increments of progression within a grade Grade Ladders - Correct Answer-ability to combine grades into grade ladders to group your grades or grades with steps in the sequence in which your workers typically progress, descries a worker eligible grades or grades with steps Divisions - Correct Answer-- a business oriented subdivisions within an enterprise, in which each division organizes itself differently to deliver products and services or address different markets

  • can operate in more than one country and be comprised of many companies or parts of different companies that are represented by BUs Actions - Correct Answer-track changes to item records, identifies the cause of the creation or change Example: Termination Action Resons - Correct Answer-optimal ways to provide/associate a reason with an action

Example: Layoff Promote - Correct Answer-permanent movement of a person within the same legal employer Trasnfer - Correct Answer-the movement of a person within the same legal employer Temporary Assignment - Correct Answer-transfer a person for a limited time in the same legal employer End Temporary Assignment - Correct Answer-used to terminate the temporary assignment in the same legal employer and reinstate the original assignment automatically Global Transfer - Correct Answer-the transfer of a person to another legal employer Global temporary assignment - Correct Answer-the temporary transfer of a person to another legal employer

End Global Temporary Assignment - Correct Answer-used to terminate a temporary assignment in another legal employer and reinstate the original assignment in the source legal employer automatically Teriminate - Correct Answer-ends the work relationship between the employee and the legal employer. employee status is changed to "inactive" and the access is revoked Employee Workforce Life Cycle - Correct Answer-Add Person Manage Employee Change Employment Promote Worker Terminate Worker Work Relationship - Correct Answer-a relationship between a person and a legal employer Types of Work relationships - Correct Answer-Employee Contingent Worker Nonworker Pending working

Employee - Correct Answer-a regular worker who doesn't belong to any of the other worker types Contingent Worker - Correct Answer-a nonemployee for example, contract worker, or temp. worker Nonworker - Correct Answer-a person having a nonworker relationship with a legal employer for example, volunteer Pending Worker - Correct Answer-a person who will be hired as an employee or contingent worker for whom you create a person record prior to the hire start date. When the hire is finalized, you convert the worker to the proposed worker type assignment - Correct Answer-set of information about a persons role in the legal employer assignment number - Correct Answer-the unique identifier to identify the assignment

Employee Self- Service (ESS) - Correct Answer-way for employees to update and view employee specific information. This functionality helps streamline business processes, decrease costs and improve service Manager Self-Service - Correct Answer-used to perform a wide range of tasks for which the manager is responsible Profile Options - Correct Answer-set of preferences that you use to centrally manage user interface settings and application behavior Lookups - Correct Answer-list of values used throughout Oracle cloud application List of Vlaues - Correct Answer-lookup type comprising a set of codes, descriptions, and optionally, a tag to filter values that display by country Lookup Categories - Correct Answer-User Extensible System

User Lookups - Correct Answer-- create or modified all parameter of a lookup type

  • able to add or delete Extensible Lookups - Correct Answer-- modifies only certain aspects of a lookup type like date
  • able to add but not delete System Lookups - Correct Answer-cannot add or delete any aspects of the lookup, only it's meaning can be modified Geographies - Correct Answer-used to define the address style format mapping for any country in HCM cloud Geography type - Correct Answer-a divisional grouping such as: city, province, district Geography Structure - Correct Answer-defines how geography types are related to one another

Descriptive Flex Fields (DFF) - Correct Answer-allow customers to extend out of the box business entities with additional attributes Legislative Data Groups (LDG) - Correct Answer-used to partition payroll and related data, at least one LDG is required for each country where the enterprise operates legal address - Correct Answer-the physical address used for the organizations legal entity in any reporting legal entities - Correct Answer-given rights and responsibilities under commercial law through registration with the companies appropriate authorities Division - Correct Answer-business oriented enterprise sub- division where each unit delivers products and services differently or to different markets. can operate in more than one country Salary Basis - Correct Answer-expression period of base pay

Grade - Correct Answer-relative rank, level, or status of a worker. keyed by reference dataset (SETID) Grade Rate - Correct Answer-used to configure amount, range, currency and LDG for salary grade