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| Section | Objectives |
|---|---|
| Compensation Cloud Overview and Configuration | - Security roles and access setup - Application architecture and key components |
| Workforce Compensation Plan Design | - Compensation plans setup and eligibility rules - Budgeting and allocation models |
| Integration and Data Management | - Integration with Oracle HCM Cloud - Data loading and import processes |
| Reporting, Analytics, and Modeling | - Compensation reporting tools - What-if modeling and simulation |
| Compensation Cycle Management | - Merit, bonus, and stock allocation processes - Worksheet configuration and approvals |
Question 1
Which two are element classification types? (Choose two.)
A. International
B. Secondary
C. US-only
D. Primary
E. Global
Question 2
When upper-level managers change the plan access of one or more lower-level managers, they receive a notification informing them about the change in access. Which option do they receive to act on the notification? (Choose the best answer.)
A. Reply
B. Dismiss
C. Accept
D. Reject
Question 3
As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items? (Choose two.)
A. Compensation items are the foundation upon which the Compensation Statement is built.
B. Compensation items can be added to statement definitions directly.
C. Compensation items need not be mapped to the specific source from which the compensation information is retrieved.
D. Compensation items cannot be used across statement definitions.
E. Compensation items are added to a compensation category to include them in statements.
Question 4
A corporation implemented Oracle Fusion Core HR on a three-tier model with Multiple Employment Terms with Multiple Assignments as the employment model. An employee of the corporation has multiple assignments and multiple employment terms on different payroll frequencies.
What kind of salary basis must be associated with the employee? (Choose the best answer.)
A. One salary basis for each employment terms and one of them can be used for assignment
B. A different salary basis associated with each assignment or employment term.
C. One salary basis for each assignment and one of them can be used for the employment terms
D. One salary basis for all assignments and employment terms
Question 5
As compensation manager, you are creating a Salary and Bonus earnings compensation item to define a total compensation statement. Per system requirements, you must select an appropriate source type to show the correct information on the statement.
Select the correct "Source Type". (Choose the best answer.)
A. Salary Basis
B. Payroll Element
C. Formula
D. Benefit Balance
Solutions:
| Question 1 Answer: B,D | Question 2 Answer: A | Question 3 Answer: A,E | Question 4 Answer: A | Question 5 Answer: A |
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