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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Which three tasks are part of Plan Foundation Configuration Options? (Choosethree.)

A) Components
B) Alerts
C) Plan Currency
D) Plan Access
E) Feedback Survey

2. Your customer awards three types of bonuses to its workers: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. All three bonusesare awarded by using element entries.
How would you configure the Compensation Statement? (Choose the best answer.)

A) Create one Compensation Category as Bonus and specify thesource type as Element Entry. Associate the three elements with the Compensation Category.
B) Create three Compensation Categories: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respectiveElements with the respective Categories.
C) Create one Compensation Item as Bonus and specify the source type as Element Entry. Associate the three elements with the CompensationItem.
D) Create three Compensation Items: Joining Bonus, Ad-hoc bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective elements with the respective Items.

3. A corporation started giving performance bonuses to eligible employees on a monthly basis. As a compensation administrator, you are required to display performance bonuses withsimilar or related compensation items.
How will you configure this requirement in the Fusion application? (Choose the best answer.)

A) Attach performance bonuses to similar sources.
B) Attach performance bonuses to similar compensation categories/subcategories.
C) Attach performance bonuses to similar compensation items.
D) Attach performance bonuses to similar elements.

4. As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for Salary, Merit Increase, and so on. Identify one set of values that Compensation Items can hold. (Choose the best answer.)

A) Monetary, Nonmonetary, Date,Boolean
B) Monetary, Nonmonetary, Timestamp, Text
C) Monetary, Nonmonetary, Date, Text
D) Monetary, Timestamp, Boolean

5. Identify the delivered workflow task for variable allocation approvals that has no rules. (Choose the best answer.)

A) VariableApprovalTask
B) VariableAllocationTask
C) VariableContributionTask
D) VariableAllocationFYITask
E) VariableApprovalFYITask

Solutions: