Which two statements are correct regarding the Calculation Factors?

A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up Calculation Factors for the deduction elements setup.Which two statements are correct regarding the Calculation Factors? (Choose two.)

Question:

Which two statements are correct regarding the Calculation Factors?

Options:

Calculation Factors indicate which deduction range to use when calculating the deduction amount.

The Manage Deduction Ranges task in the Payroll Calculation work area is used to view the calculation factors defined.

Calculation Factors define which classifications of earnings to consider when calculating the basis for the deduction element.

The Manage Deduction Group Rates task in the Payroll Calculation work area is used to view the calculation factors defined.

Correct Answer

The Correct Answer for this Question is

Calculation Factors indicate which deduction range to use when calculating the deduction amount.
The Manage Deduction Ranges task in the Payroll Calculation work area is used to view the calculation factors defined.

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