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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A corporation has implemented Oracle Fusion Workforce Compensation. The consultant must now create an element eligibility link for an Earnings element.
While creating the element eligibility link, whichthree options can be set up in the element eligibility work area? (Choose three.)

A) general information
B) retroactive components
C) costing
D) status processing rules
E) auto indirect rules
F) input values

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

3. You are responsible for configuring variable allocations to manage approvals for individual compensation plans. Your company wants to control plan availability by using defaults. What are the default attributes of the actionable Variable Allocation task? (Choose the best answer.)

A) The task applies to selected allocations, usestwo levels of the Supervisory list builder, and requires a response from the current approver.
B) The task applies to all allocations, uses two levels of the Supervisory list builder, and does not require a response from the current approver.
C) The task applies to all allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver.
D) The task is only for notification and has no rules.

4. A worker complains to the Human Resources department that the total amount does not add up to the amount of salary received in the bank. The department informs the worker that certain items that are shown in theCompensation Statement do not comprise the actual amount paid. The department now wants to make the statement more relevant to workers to avoid such situations.
What should you do to accommodate this requirement? (Choose the best answer.)

A) For each item, specify the Indicative amount option to indicate that this compensation is not the actual amount paid.
B) For each item, specify the Excluded from Gross amount option to indicate that this compensation is not the actual amount paid.
C) For each item, specify the Unpaid amount option to indicate that tis compensation is not the actual amount paid.
D) For each item, specify the Estimated amount option to indicate that this compensation is not the actual amount paid.

5. A corporation is implementing Oracle Fusion Workforce Compensation and needs to give a spot bonus for a new hireas well as give the same for special recognition for employees.
Identify the correct option that will enable the organization to achieve the desired results. (Choose the best answer.)

A) Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire," this bonus can be added. Also add "Manage Contributions," which will enable managers to add it to reportees.
B) Configure the spot bonus as an individual compensation plan andadd "Hire" as an action. Then, after an employee is hired, this plan can be added to employees anytime.
C) Configure the spot bonus as an individual compensation plan and add "All" as an action so that this plan can be added to anyone at any time.
D) Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire", this bonus can be added. Also add "Manage Individual Compensation," which will enable Managers to add it to reportees.

Solutions: