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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A corporation has implemented Oracle Fusion Workforce Compensation for a manufacturing client. Which is the building block used in the calculation of deductions and exemptions? (Choose the best answer.)

A) Deduction overrides
B) Deduction range group
C) Deduction ranges
D) Deduction range Values

2. Identify four correcthistory categories when setting up compensation history. (Choose four.)

A) Payroll Elements
B) Recruiting Payments
C) Non-Recruiting Payments
D) Salary
E) Stock
F) Other Compensation

3. Plan access restrictions control the situations in which an individual compensation plan is available for allocations or contributions by a line manager or worker, and regulate a user's ability to create, update, or discontinue allocations or contributions under the plan. What are three common decisions to make about plan access? (Choose three.)

A) If the plan is going to require updates that are driven by business users in the time frame of the next payroll cycle
B) If user access should be based on career levels or earnings thresholds
C) if planaccess should be related to HR actions
D) whether or not to restrict access to the plan at all
E) if there should be a time period in which a user can create, update, or discontinue allocations or contributions
F) if there should be a "white list" name criteria for access to the plan

4. 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.

5. In the workforce compensation work area, the Manager's Worksheet Status is "In Approvals". What progress has the compensation manager made through a workforce compensation cycle? (Choose the best answer.)

A) The manager submitted his or her worksheet for approval.
B) The first-level manager approved the manager's worksheet.
C) The highest-level manager or approver in the approval hierarchy approved the manager's worksheet.
D) The manager saved some changes to his or her worksheet.
E) A budgetwas published to the manager.

Solutions: