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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Which four statements are true if you enable Performance Ratings and integrate with Oracle Fusion Performance Management? (Choose four.)

A) You have the option to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.
B) You select the performance template or document name and the period to make available, and whether to display only completed ratings or ratings in any status.
C) You need to refresh the HR data for ratings updated in Performance Management so they are updated in the worksheet.
D) You can display overall and calculated performance ratings given in the Performance Management system andprovide access to the full performance document from within the worksheet.
E) You can also display the Performance Rating History column in the worksheet to see historical ratings given in the Performance Management system.

2. 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 are added to a compensation category to include them in statements.
C) Compensation items cannot be used across statement definitions.
D) Compensation items need not be mapped to the specific source from which the compensation information is retrieved.
E) Compensation items can be added to statement definitions directly.

3. While implementing, you are grouping compensation items and categories for displaying them together.
Therefore, when planning how to group compensation items and categories, you must considerwhich three options? (Choose three.)

A) Category Detail
B) Statement definitions
C) Level of detail
D) Compensation Items
E) Contribution Type and Unit of Measure
F) Category Type

4. A corporation has implemented Oracle Fusion Workforce Compensation. Oracle Fusion Supplemental Earning Elements must now be created to capture ad hocpayments for eligible workforce.
Which two statements are true about element eligibility criteria for such elements? (Choose two.)

A) Some element eligibility criteria may not be available, depending onthe level at which the element is attached.
B) You candefine multiple eligibility criteria for each element, but there must not be any overlap between them.
C) You can define multiple eligibility criteria for each element, but there must be an overlap between them.
D) You cannot define multiple eligibility criteria for each element in any case.

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

Solutions: