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

2. A corporation has implemented Oracle Fusion Workforce Compensation. The requirement is that Bonus Amount should be given only to the Full-Time Assignment categoryemployees who work on weekly payroll.
Additionally, the costing information must be transferred to General Ledger.
Which implementation approach is correct for creating the required element? (Choose the best answer.)

A) creating an input value and setting up costing information at the input value level
B) creating an element eligibility link and setting up costing information at the link level
C) creating status processing rules and setting up costing information at the status processing level
D) creatingan auto-indirect rule and setting up costing information at the auto-indirect level

3. Yourcustomer's company spans multiple countries. It follows a global salary increase process in the month of May and awards bonuses twice a year in the month of June and December for workers who are employed in various countries. As an implementation consultant, you must define Statement Periods for the Compensation Statement. Which three options will you consider? (Choose three.)

A) the conversion rate date for currency conversions
B) the date when merit increases are awarded to workers
C) the date that statements become available toworkers
D) the date when bonus is awarded to workers
E) an optional welcome message

4. Which two tasks are true aboutcomponents in worksheet configurations? (Choose two.)

A) You can create up to five components to represent the different types of compensation that you want to award within a plan.
B) There is the flexibility to add any number of components within a compensation plan.
C) Each component has to be of a separate type, such as salary or bonus.
D) Plans must have at least one component if awarding compensation.

5. Your client's compensation plan for employees includes a component that is based on years of service in the organization. If a person completes 10 years in the company, he or she will be eligible for a seniority component and the associated fixed salary amount. What type of eligibility profile you would need to create in order to track workexperience of people? (Choose the best answer.)

A) Employment-based-eligibility-criteria using length of service
B) Derived -factor-based eligibility criteria using length of service
C) Employment-based eligibility criteria suing hire date
D) User-defined-criteria-based eligibility profile using hire date

Solutions: