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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. While configuring a plan cycle, you have set the Worksheet update start and end dates as 15-Apr-2014 and
31-May-2014, respectively. However, when a manger logs into the workforce compensation area on
5-Apr-2014, he is able to see the active plan, but in read-only mode.
What could be the possible reason for this? (Choose the best answer.)

A) Active plans are always shown in read-only mode until the Worksheet update period starts.
B) Active plans are always shown in read-only mode from the Plan Access start date, which is generally prior to the Worksheet update date.
C) Active plans are always shown in read-only mode form the Evaluation period start date, which is always prior to the Worksheet update date.
D) Active plans are always shown in read-only mode once it is past the eligibility determination date.

2. The Fusion Compensation module must be integrated with Fusion Performance Rating. In which three ways can the performance rating be made available? (Choose three.)

A) Use both Performance Management ratings and compensation ratings.
B) Integrate with Oracle Fusion Goal Management.
C) Use compensation performance ratings.
D) Integrate with Oracle Fusion Performance Management.
E) Integrate with Oracle Fusion Profile Management.

3. If you enable Performance Ratings and rate workers within WorkforceCompensation, which two statements are true? (Choose two.)

A) These ratings are used across compensation plan and cycles.
B) Managers can rate workers as they allocate compensation.
C) The ratings are transferred to the Performance Management system or toHR.
D) You can display compensation ratings given in the previous plan cycle as a column in the worksheet.

4. As a Fusion implementation consultant, you are configuring Fusion HCM Compensation Management module for a manufacturing client. Which three statements are correct in relation to compensation statement display options? (Choose three.)

A) You can configure display of zero values.
B) You can hide table columns.
C) You cannot hide regions for graphs or descriptions at the statement definition setup level.
D) You cannot exclude a category from the statement summary at the category setup level.
E) You can hide or show the estimated amount indicator at the category setup level.
F) You cannot include and hide the welcome message at the statement definition setuplevel.

5. The compensation manager wants to run the batch process to start thecompensation cycle. Which statement correctly describes the Back Out Workforce Compensation Data process? (Choose the best answer.)

A) It backs out started and processed events for participants.
B) It backs out unrestricted events for participants.
C) It removes unneeded transaction data from prior plan cycles.
D) It reverses a completed Start Workforce Compensation Cycle process or removes posted salary, payroll, and HR changes.

Solutions: