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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A corporation has implemented Oracle Fusion Workforce Compensation. The consultant creates multiple elements to meet the business requirements.
Which three statements will help him to make a decision about the element classification? (Choosethree.)

A) Elements can have multiple primary and multiple secondary classifications.
B) Predefined secondary classifications can be removed or changed.
C) Secondary classifications are subsets of the primary classifications.
D) Primary classifications are provided mainly to reflect tax legislation.
E) Predefined primary classifications cannot be removed or changed.

2. Identify four correcthistory categories when setting up compensation history. (Choose four.)

A) Salary
B) Other Compensation
C) Recruiting Payments
D) Stock
E) Non-Recruiting Payments
F) Payroll Elements

3. Your customer provides compensation such as salary, bonus earnings (paid twice a year), commissions, stock options, and company-paid taxes to its workers. The customer wants you to implement Compensation Statements with graphs. Which three values of the graph column will you exclude? (Choose three.)

A) Dates
B) Non Monetary Values
C) Monetary Values
D) Text
E) morethan one nonmonetary unit of measure

4. During the Compensation Review cycle for the year 2014-15, the manager processes his direct reports compensation changes per the model created by him. After making the changes in the worksheet, the manager submits the proposed changes to the next level manager in the hierarchy for approval. What will the Manager status appear as in the workforce compensation area? (Choose the best answer.)

A) Submitted
B) Processed
C) Work in Progress
D) Fully Approved
E) In Approvals

5. While configuring Workforce CompensationPlan, you specify Performance Rating date in Plan Cycle as the same in multiple plans.
What will happen when the manager updates a compensation performance rating in the worksheet of one plan?
(Choose the best answer.)

A) The rating will be available to all plans that are currently active.
B) The rating will be available toonly the plan where it is updated.
C) The rating will be available to all plans with the same Performance Rating date in Plan Cycle.
D) The rating will be available to only the planswhere the same manager is involved.

Solutions: