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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. An organization provides compensation such as salary and bonus earnings for its workers. It also tracks commissions and company-paid taxes for them.
Which two statementsare true when configuring the items? (Choose two.)

A) Benefit Balance will require you to specify the Legislative Data Group as the Additional Data Entry.
B) Formula will require you to specify the Legislative Data Group as the Additional Data Entry.
C) Element Entry will require you to specify the Legislative Data Group as the Additional Data Entry.
D) Payroll Balance will require you to specify the Legislative Data Group as the Additional Data Entry.

2. 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.

3. While working on a budget sheet or a compensation worksheet, a manager chooses to use the "Export to Excel workbook" option to do his or her work. Which four of the following steps wouldhe or she need to perform upon clicking the "Export to Excel workbook" option and prior to finalizing his or her proposal and submitting it for approval? (Choose four.)

A) Edit the workbook data.
B) Download and authenticate workbooks.
C) Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
D) Filter the editsand upload only the edited fields.
E) Repeat the steps as many times asnecessary to accommodate the revisions.
F) Resolve errors created by the uploaded file.

4. As compensation administrator, you are required to show "Actual amounts paid to the worker" in the Total Compensation Statement. To meet this requirement, which component must be created? (Choose the best answer.)

A) Compensation Source
B) Compensation Statement Definition
C) Compensation Item
D) Compensation Category

5. Your customer's compensation has an itemized structure. The company wants to increase the Cost of Living allowance of the employees living in the New Jersey area by 3% to compensate for the increased living costs there. Which feature of Oracle Fusion Workforce Compensation can be used to achieve this? (Choose the best answer.)

A) Salary Component
B) Plan Access
C) Action and Action Reasons
D) Budget Pools
E) Plan Eligibility

Solutions: