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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. While configuring the Budget page, you enable the "Compensation Performance Rating" column from which section? (Choose the best answer.)

A) Worker List
B) Information
C) Actions
D) Detail table
E) Summary

2. You are the compensation manager of a corporation. Which four tasks can you perform while administering compensation for your workforce? (Choose four.)

A) Run processes to initiate a compensation cycle.
B) Maintain currency rates and access to plans from the watchlist.
C) Override line manager allocations, job changes, andperformance ratings.
D) Analyze plan results.
E) Override line manager allocations, job changes, and performance ratings.
F) Create and manage models for use by line managers or by administrators to distribute compensation directly to employees.

3. When compiling Fast Formula, you receive the error message "Database item PER_ASG_ATTRIBUTE3 must have a DEFAULT statement because it was specified that null or notfound is allowed." What is the cause of the error? (Choose the best answer.)

A) incorrect operator usage
B) syntax error
C) uninitialized variable
D) misuse of context

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

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

5. During the Compensation Review cycle for the year 2014-15, the manager processes his direct reports compensation changes per the model created by him. After making the changes in the worksheet, the manager submits the proposed changes to the next level manager in the hierarchy for approval. What will the Manager status appear as in the workforce compensation area? (Choose the best answer.)

A) Submitted
B) Processed
C) Work in Progress
D) Fully Approved
E) In Approvals

Solutions: