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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Your client wants you to create a single Compensation Change statement that includes compensation awarded formultiple plans. What would you, as an implementation consultant, advise your client? (Choose the best answer.)

A) Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.
B) Create a custom data model that can pullcompensation awarded from different plans and display the data using a BI publisher layout.
C) This is possible only in the on-premises model using customization and is not possible in an Saas instance. Therefore, you would respond accordingly to the client.
D) Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.

2. A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up the following for all employees:
* Salary paid based on the grades of employees.
* Car allowance paid based on the department and position.
* Spot bonus paid based on a committee's decision.
Identify the correctoption for the setup. (Choose the best answer.)

A) Set up Salary and the spot bonus as two salary bases, because there are no eligibility restrictions. Set up the carallowance as an individual compensation plan. Add the required payroll elements and add eligibility profiles for the car allowance for specific departments and positions.
B) Set up on individual compensation plan with all three options. Add the required payroll elements and add restriction based on eligibility profiles and plan access.
C) Set up a salary basis for "Salary" and associate a grade rate matrix to it, and add a carallowance and spot bonus as components for the salary basis along with Salary. Attach the required payroll elements to the salary. Have salary validations to restrict access and payment for specific departments and positions.
D) Set up a salary basis for "Salary" and associate a grade rate matrix and the payroll element to it. Set up individual compensation plans for the car allowance and spot bonus, and restrict the access to line manager and HR specialist respectively. Additionally, add an eligibility profile to the car allowance to restrict it to specific departments and positions.

3. While configuring a plan cycle, you have set the Worksheet update start and end dates as 15-Apr-2014 and
31-May-2014, respectively. However, when a manger logs into the workforce compensation area on
5-Apr-2014, he is able to see the active plan, but in read-only mode.
What could be the possible reason for this? (Choose the best answer.)

A) Active plans are always shown in read-only mode from the Plan Access start date, which is generally prior to the Worksheet update date.
B) Active plans are always shown in read-only mode form the Evaluation period start date, which is always prior to the Worksheet update date.
C) Active plans are always shown in read-only mode until the Worksheet update period starts.
D) Active plans are always shown in read-only mode once it is past the eligibility determination date.

4. What are two attributes of primary element classifications? (Choose two.)

A) They are globally applicable.
B) They are user defined.
C) They arepredefined.
D) They are not editable.
E) They are editable.

5. Contingent workers are ineligible as per the eligibility rules defined for your organization's compensation plan. The compensation plan cycle is started. As is the standard practice, the compensation administrator schedules the "Refresh Workforce Compensation Data" nightly. A worker who was a contingent worker is now an employee of the organization and the next day shows up in Manager's worksheet. How is this possible? (Choose the best answer.)

A) Show Ineligible Workers is selected in the compensation plan.
B) Track Ineligible Workers is selected in the compensation plan.
C) Process IneligibleWorkers is selected in the compensation plan.
D) Hide Ineligible Workers is selected in the compensation plan.

Solutions: