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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Your customer wants to configure a workforce compensation plan with multiple cycles.Identify two correct statements about plan cycles. (Choose two.)

A) A plan can have multiple compensation cycles, each with unique period dates.
B) You can duplicate a cycleand specify the number of months to advance all dates.
C) A plan can have multiple compensation cycles, each with same period dates.
D) Each plan that requires a different cycle must be created manually.

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

3. 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, Timestamp, Boolean
B) Monetary, Nonmonetary, Date,Boolean
C) Monetary, Nonmonetary, Timestamp, Text
D) Monetary, Nonmonetary, Date, Text

4. The Budget Pool Storage Method selected is "Amount." Oneof the line managers in the organization has twenty employees reporting to him. One of the employees leaves the organization during the compensation cycle.
What will be the effect on the budget allocated to the Line Manager? (Choose the best answer.)

A) The published budgets change whena manager's total eligible salary changes, such as when workers eligibility changes.
B) The published budgets is always a percentage of the total budget pool.
C) The published budgets change when a manager's total eligible salary changes, such as when workers are reassigned.
D) The published amounts stay with the manager when workers are reassigned or their eligibility changes.

5. A corporation has implemented Oracle Fusion Workforce Compensation. A Salary basis has been created to manage employees' salaries. It has a payroll element attached. As part of the Salary changes, when the compensation manager is trying toupdate the Salary amounts, the same is not reflecting in the payroll elements entries of the employee.
Identify the two possible causes for the issue. (Choose two.)

A) Salary basis is configured to be non-updatable.
B) No components are defined to handle these salary adjustments.
C) Automatic entry is checked for the payroll element used.
D) Automatic entry is checkedat the element eligibility link for the payroll element used.

Solutions: