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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question 1

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

Question 2

The Compensation and Benefits policy defined for your organization limits contingent workers from getting an increment as part of the Annual Salary Review. As a result, the contingent workers are excluded in the eligibility profile and ineligible workers are not tracked as part of the Annual Salary Review Compensation Plan.
A recent change to this policy enforced a minimum increment for the entire contingent worker population.
Consequently, the compensation administrator ran the Refresh Data process to update the worksheets and include the contingent workforce but none of the contingent workers are included. What should the compensation administrator do to bring the contingent workers into the manager's compensation worksheet?
(Choose the best answer.)

A. Run the Start Workforce Compensation Cycle process.
B. Update the eligibility profile to include the contingent workers and rerun the Refresh Workforce Compensation Data process by selecting Refresh Option - Reevaluate Eligibility.
C. Rerun the Refresh Workforce Compensation Data process by selecting Refresh Option - Reevaluate Eligibility.
D. Update the eligibility profile to include the contingent workers and run the Start Workforce Compensation Cycle process.

Question 3

Identify the three correct statements for an alternate approver hierarchy. (Choose three.)

A. You can create multiple approvers for the same manager.
B. By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set orsequence of approvers.
C. The alternate approver must be a part of the regular plan hierarchy.
D. The highest Approval sequence is the final approver.

Question 4

A corporation has generated total compensation statements and allworkers received their total compensation statements. As a compensation executive, you realize that some corrections are needed in the generated statements.
Which corrective action will you take? (Choose the best answer.)

A. Start manual changes in each worker's total compensation statement.
B. Educate the workers that corrections are not possible after the total compensation statements have been generated.
C. Ignore any corrective action.
D. Edit "Statement Definition," make the required corrections, and regenerate the total compensation statements as a newer version.

Question 5

What is the maximum number andkind of items that you can add when defining a custom category? (Choose the best answer.)

A. three subcategories
B. three custom columns
C. five custom columns
D. three items

Solutions: