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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. As an implementation consultant, you have defined a total compensation statement. From a security perspective, you are required to identify a key user who will have access to view the total compensation statement.
Which role is mandatory to view the compensation statement? (Choose the best answer.)

A) Compensation Executive
B) Compensation Specialist
C) Compensation Analyst
D) Compensation Manager

2. 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) Ignore any corrective action.
C) Edit "Statement Definition," make the required corrections, and regenerate the total compensation statements as a newer version.
D) Educate the workers that corrections are not possible after the total compensation statements have been generated.

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

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

5. A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up the Deductions options.
If Deduction cards are supported at multiple levels, which task in the Setup and Maintenance Work area is used to create deduction card overrides at the Payroll Statutory Unit level? (Choose the best answer.)

A) Manage Legal Entity DeductionRecords
B) Manage Legal Reporting Unit Deduction Records
C) Manage Payroll Deductions
D) Manage Personal Deductions

Solutions: