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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. An administrator of a corporation needs to view a worker's salary basis, change it, view the salary history, and do a graphical analysis of changes made to the salary. However, the administrator is not able to do these things.
Identify the three correct roles that will give the administrator access to complete the process. (Choose three.)

A) Compensation Manager
B) Line Manager
C) Expenses Manager
D) HR Specialist

2. A corporation is implementing Oracle Fusion Workforce Compensation and needs toset up compensation history.
Identify the three correct options regarding the various compensations shown in the history. (Choose three.)

A) Compensation history displays six categories of compensation.
B) Compensation history shows one-time payments in other compensation and allowances paid regularly in recruiting payments.
C) The summary in the compensation history shows the data for only five years.
D) Compensation history automatically retrieves salary and stock-related information. The Recruiting payments and other categories have to be added manually.

3. A corporation is implementing Oracle Fusion Workforce Compensation. Different currencies are set at the Legislative Data Group level, the Organization payment level, the Bank account level, and the payroll element level.
The currency shown whileconfiguring salary basis comes from which level? (Choose the best answer.)

A) From the Legislative Data Group level, because that is the highest level in the hierarchy.
B) From the input value of the payroll element
C) From the Bank account level
D) From the Organization payment level,because the compensation is finally paid through this

4. 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 Item as Bonus and specify the source type as Element Entry. Associate the three elements with the CompensationItem.
B) 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.
C) Create one Compensation Category as Bonus and specify thesource type as Element Entry. Associate the three elements with the Compensation Category.
D) 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.

5. Which item is false regarding plan access? (Choose the best answer.)

A) Compensation administrators have access to all plan configuration tasks for all plans.
B) Compensation managers have access to the budget sheet and worksheets for all plans and employee administration tasks.
C) A compensation administrator's general access can be overridden using roles.
D) A compensation administrator's general access cannot be overridden.

Solutions: