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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
1. 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 is always a percentage of the total budget pool.
B) The published amounts stay with the manager when workers are reassigned or their eligibility changes.
C) The published budgets change whena manager's total eligible salary changes, such as when workers eligibility changes.
D) The published budgets change when a manager's total eligible salary changes, such as when workers are reassigned.
2. Your customer has standard working hours = 40 hours per week. An employee has the following salary basis setup:
* Working hours = 32 hours per week
* Base pay = 20 USD per hour
What will be the employee's Annual Salary and Annualized full-time salary? (Choose the bestanswer.)
A) Annual Salary = 41600, Annualization Salary = 41600
B) Annual Salary = 52000, Annualization Salary = 41600
C) Annual Salary = 32280, Annualization Salary = 41600
D) Annual Salary = 32280, Annualization Salary = 52000
3. While validating the Workforce Compensation Plan Setup, the compensation administrator encounters the following Warning: "At least one column that adjusts salary is enabled but no components to be posted assalary are selected." What should the compensation administrator do to eliminate this warning? (Choose the best answer.)
A) In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Compensation Amount Column Properties, select Yes for Post as Salary.
B) In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and enable Eligible Salary.
C) In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Eligible SalaryColumn Properties, select Yes for Post as Salary.
D) In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab andenable Compensation Amount.
E) In Configure Worksheet Page Layout, navigate to the Compensation tab > Detail tab and on the Element Mapping tab of Percentage of Eligible Salary Column Properties, add an Element.
4. The compensation administrator wants to run the batch process to administer the compensation cycle. Which are the four valid batch processes in terms of the compensation module? (Choose four.)
A) Adjust Workforce Compensation Enrollment Window
B) Transfer Workforce Compensation Data to HR
C) Refresh Workforce Compensation Data
D) Evaluate Workforce Compensation Participation
E) Back Out Workforce Compensation Data
F) Start Workforce Compensation Cycle
5. 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, Timestamp, Boolean
C) Monetary, Nonmonetary, Date,Boolean
D) Monetary, Nonmonetary, Timestamp, Text
Solutions:
Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: B,C,E,F | Question # 5 Answer: D |