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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

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

2. A corporation implementedFusion Compensation and wants to validate the salaries with the setup. Select the two options that are true about validation setup. (Choose two.)

A) Using either a formula at the element level or criteria at the element link level, a warning message can be generated when a new or adjusted salary does not pass the configured validation.
B) Using grade rate validation, approval can be prevented when the new or adjusted salary is outside the range of salary configured in the grade rate attached to salary basis.
C) Using grade rate validation, a warning message can be generated when the new or adjusted salary is outsidethe range of salary configured in the grade rate attached to the salary basis.
D) Using either a formula at the element level or criteria at the element link level, approval can be prevented when the new or adjusted salary does not pass the configured validation.

3. How can youuse an earnings element to manage the calculation and payment of absences? (Choose the best answer.)

A) Define a skip rule for the earnings element that triggers processing when it finds an entry for a non-absence element because payroll runs process elements in the Information or Absence classifications.
B) Define the earnings element as nonrecurring for the absence element because payroll runs do not process nonrecurring elements in the Information or Absence classifications.
C) Define a skip rule for the earnings element that triggers processing when it finds an entry for the absence element because payroll runs do not process elements in the Information or Absence classifications.
D) Ensure that the input to the salary database item formula from the earnings element processes the absence element as Absence classification because payroll runs do not process elements in the Information or Absence classifications.

4. Yourcustomer's company spans multiple countries. It follows a global salary increase process in the month of May and awards bonuses twice a year in the month of June and December for workers who are employed in various countries. As an implementation consultant, you must define Statement Periods for the Compensation Statement. Which three options will you consider? (Choose three.)

A) an optional welcome message
B) the date when merit increases are awarded to workers
C) the date that statements become available toworkers
D) the date when bonus is awarded to workers
E) the conversion rate date for currency conversions

5. As an implementation consultant, you want to override the currency on the item definition. The United States Dollar currency iscurrently specified on it. This needs to be overridden to the Indian Rupee. What are the two approaches that you should use to override the currency of the compensation item from the United States Dollar to the Indian Rupee? (Choose two.)

A) Define the source type as Benefit Balance, which has currency specified in the Indian Rupee.
B) Define a formula that retrieves compensation and specifies currency as the Indian Rupee.
C) Define a Compensation Statement Definition that includes the item and has currency defined as the Indian Rupee.
D) Define a Category that includes the item and has currency defined as the IndianRupee.

Solutions: