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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
1. Your customer provides compensation such as salary, bonus earnings (paid twice a year), commissions, stock options, and company-paid taxes to its workers. The customer wants you to implement Compensation Statements with graphs. Which three values of the graph column will you exclude? (Choose three.)
A) morethan one nonmonetary unit of measure
B) Text
C) Dates
D) Non Monetary Values
E) Monetary Values
2. As a compensation executive, you are required to upload stock data sent by a vendor of a corporation into the Fusion application.
Which option is the correct method to do so? (Choose the best answer.)
A) Manage Stock Grants >> Import Items
B) Manage Stock Grants >> Import Source
C) Manage Stock Grants >> Prepare Import Spreadsheet
D) Manage Stock Grants >> Import Category
3. A corporation needs to set up a compensation plan for a Housing allowance that will allow the company to grant these allowances to only employees above a particular role.
Identify the option that indicates the correct way of implementing it. (Choose the best answer.)
A) They payroll administrator must add the element to the employees in the specified roles, because this cannot be achieved through configuration.
B) Set up access restrictions to the individual compensation plan using the correct HR action so that it can be added only to the specific roles.
C) Set up role-based security to the individual compensationwork area so that only managers are allowed.
D) Set up a salary basis and restrict the eligibility to the required roles.
4. When initiating an award, what is correct regarding possible workflow tasks? (Choose the best answer.)
A) You may use either VariableAllocationTask and VarialbeAllocationFYITask
B) You must use VariableAllocationTask and edit the rules if using only for notification.
C) You must use VariableAllocationTaskand not VariableAllocationFYITask.
D) You must use VariableAllocationFYITask and not VariableAllocationTask.
5. A corporation has implemented Oracle Fusion Workforce Compensation. A custom element was createdto capture the entry value for four input values. Data load is performed by the Batch Loader, but the associated Daily Business Intelligence (DBI) is returning the entry value corresponding only to the first input value.
Identify the option that willenable the DBI to return all the input variables. (Choose the best answer.)
A) This scenario cannot be implemented.
B) Delete the existing element link and create a new element link, which will automatically create all four input values.
C) Create a new element from scratch.
D) Create status processing rules for the input values.
Solutions:
| Question # 1 Answer: B,C,D | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: C |
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