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Question 61/80
When calculating a tiered type of tax, what should be the selected 'Maximum Value Type'?
Correct Answer: A
Explanation/Reference:
Setting the Maximum Value Type to Threshold Amount is available only for Taxes (not Additional Earnings or Benefits). If the Maximum Value Type is set to Threshold Amount, then the threshold of each tier drives the tiered calculations. The application applies all tiers to the default assignment, as appropriate, regardless of the tier assigned as a default.
References: https://docs.oracle.com/cloud/latest/pbcs_common/EPBCA/
wf_about_maximum_value_type_110x00c2886b.htm
Setting the Maximum Value Type to Threshold Amount is available only for Taxes (not Additional Earnings or Benefits). If the Maximum Value Type is set to Threshold Amount, then the threshold of each tier drives the tiered calculations. The application applies all tiers to the default assignment, as appropriate, regardless of the tier assigned as a default.
References: https://docs.oracle.com/cloud/latest/pbcs_common/EPBCA/
wf_about_maximum_value_type_110x00c2886b.htm
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