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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. During the compensation review cycle, which two actions occur when a manager is allocated a zero or null budget? (Choose two.)

A) The manager does not have access to the plan.
B) The available budget becomes negative when the manager makes allocations.
C) The manager will have read-only access.
D) The manager can manually allocate some budget for his team.

2. What happens if you include ineligible workers on the worksheet? (Choose the best answer.)

A) It does not display ineligible workers and managers cannot allocate compensation, promote workers, or rate worker performance.
B) It displays ineligible workers but managers can allocate compensation, promote workers, and rate worker performance.
C) It does not display ineligible workers but managers can allocate compensation, promote workers, or rate worker performance.
D) It displays ineligible workers but managers cannot allocate compensation, promote workers, or rate worker performance.

3. A corporation is implementing Oracle Fusion Workforce Compensation and must set up salary bases.
Employees are assigned different grades within the organization and the salaries are dependent on the grades.
What is the correct way to set up the salary bases? (Choose the best answer.)

A) Set up different salary bases for different grades and different payroll elements, because the payroll element can be attached to only one salary basis. The frequency of both salary basis and grade rate should match.
B) Set up different salary bases for different grades and different payroll elements, because the payroll element can be attached toonly one salary basis. The frequency of both salary basis and grade rate need not match.
C) Set up different salarybases for different grades with the same payroll element. The frequency of both salary basis and grade rate need not match.
D) Set up different salary bases for different grades with the same payroll element. The frequency of both salary basis and the grade rate should match.

4. Which statement is trueregarding elements? (Choose the best answer.)

A) Elements have one primary classification, one secondary classification, and one subclassification.
B) Elements have possibly multiple primary classifications, possible multiple secondary classifications, and possibly multiple subclassifications.
C) Elements have one primary classification, one secondary classification, and possibly multiple subclassifications.
D) Elements have one primary classification, possibly multiple secondary classifications, and possibly multiple subclassifications.
E) Elements have possibly multiple primary classifications, one secondary classification, and one subclassification.

5. Identify the two valid formula types applicable for Workforce Compensation Plans. (Choose two.)

A) Compensation Item Selection
B) Compensation CurrencySelection
C) Compensation Person Selection
D) Compensation Organization Selection
E) Compensation amounts Selection

Solutions: