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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A corporation started giving performance bonuses to eligible employees on a monthly basis. As a compensation administrator, you are required to display performance bonuses withsimilar or related compensation items.
How will you configure this requirement in the Fusion application? (Choose the best answer.)

A) Attach performance bonuses to similar elements.
B) Attach performance bonuses to similar sources.
C) Attach performance bonuses to similar compensation items.
D) Attach performance bonuses to similar compensation categories/subcategories.

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

3. A compensation manager of a corporation is setting up a new salary basis for the employees.
Which statement is true about payroll elements set up for a salary basis? (Choose the best answer.)

A) Recruiting elements can be linked to multiple salary bases only if they are classified as earnings elements and configured to allow multiple entries in the same period.
B) Multiple payroll elements can be attached a salary basis.
C) Recruiting elements can be linked to multiple salary bases only if they are classified as earnings elements, and they need not be configured to allow multiple entries in the same period.
D) Payroll elements of any classification type can be attached to a salary basis.

4. Identify three event-driven configurations that can be changed for the delivered variable allocation approval tasks as per business requirements. (Choose three.)

A) Approval and Rejection Policies
B) Data Driven Routing
C) Assignment and Routing Policies
D) Notification Settings
E) Escalationand Expiration Policies

5. Your customer has employees located in four countries (Unites States, Japan,India, and Germany) and each country has a specific salary range. How would you configure the salary bases? (Choose the best answer.)

A) Create four salary bases and four grade rates, and attach the grade rates to the salary bases.
B) Create four salary bases and one grade rate, and define different ranges for the same grade rate while attaching the grade rate to the salary bases.
C) Create one salary basis and one grade rate, and define different ranges for the salary basis at the employee level.
D) Create one salary basis and four different grade rates, and attach the grade rate to the salary basis at the employeelevel.

Solutions: