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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. As an implementation consultant, you are required to create an element that is applicable only to a set of employees who are in the Production department and who are on weekly payrolls.
What is the correct configuration to meet this requirement? (Choose the best answer.)

A) Create Element Eligibility with the department and specific payroll parameters.
B) Create an element without defining Element Eligibility.
C) Create Element Eligibility with the Grade and Position parameters.
D) Create Element Eligibility with the Legal Employer and Payroll Statutory Unit parameters.


2. Which two tasks are performed by compensation managers while determining budgets?(Choose two.)

A) Determine budget amounts offline by downloading budget details to a spreadsheet.
B) Manually calculate budget amounts or automatically determine budget amounts by using a model.
C) With administrative budgeting, enable managers to award compensation within their allocated budget amounts by automatically publishing budgetamounts.
D) Publish budgets to line managers to distribute budgets down the reporting hierarchy or to allocate budget amounts at the employee level.


3. A corporation has implemented Oracle Fusion Workforce Compensation. The consultant creates multiple elements to meet the business requirements.
Which three statements will help him to make a decision about the element classification? (Choosethree.)

A) Predefined primary classifications cannot be removed or changed.
B) Predefined secondary classifications can be removed or changed.
C) Elements can have multiple primary and multiple secondary classifications.
D) Primary classifications are provided mainly to reflect tax legislation.
E) Secondary classifications are subsets of the primary classifications.


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 Category
C) Compensation Statement Definition
D) Compensation Item


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


Solutions:

Question # 1
Answer: D
Question # 2
Answer: C,D
Question # 3
Answer: A,D,E
Question # 4
Answer: A
Question # 5
Answer: B

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