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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. What classification can you use if employees submit timecards and you want absences taken by these employees to show on the statement of earnings? (Choose the best answer.)

A) Information Classification
B) Absence Classification
C) Either Standard Earnings or Absence Classification
D) Any classification will result in the absences showing
E) Either Absence or Information Classification
F) Standard Earnings Classification

2. You are required to explain to your client the use of Hierarchy design in Compensation Process. Which two Compensation-related activities use Hierarchy? (Choose two.)

A) Sending Compensation alerts
B) Plan access
C) Feedback survey
D) Approval routing
E) Allocating budgets

3. As compensation manager, you are creating a Salary and Bonus earnings compensationitem to define a total compensation statement. Per system requirements, you must select an appropriate source type to show the correct information on the statement.
Select the correct "Source Type". (Choose the best answer.)

A) Formula
B) Salary Basis
C) Payroll Element
D) BenefitBalance

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. An organization provides compensation such as salary and bonus earnings for its workers. It also tracks commissions and company-paid taxes for them.
Which two statementsare true when configuring the items? (Choose two.)

A) Payroll Balance will require you to specify the Legislative Data Group as the Additional Data Entry.
B) Benefit Balance will require you to specify the Legislative Data Group as the Additional Data Entry.
C) Element Entry will require you to specify the Legislative Data Group as the Additional Data Entry.
D) Formula will require you to specify the Legislative Data Group as the Additional Data Entry.

Solutions: