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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A corporation is implementing Oracle Fusion Workforce Compensation and the new salary basis is being created.
For an hourly paid employee, which option is true regarding the Annualization factor in the salary basis?
(Choose the best answer.)

A) The Annualization factor used in a salary basis is only for display purpose. The amount that is paid to the worker is always determined by the sum ofall the components of the salary basis multiplied by 12.
B) Whether the employee is paid hourly or not, the Annualization factor is the multiplication factor used to convert base pay at the selected frequency to an annualized amount. So any frequency can be used and the corresponding Annualization factor can be determined.
C) For all hourly paid employees, a new salary basis needs to be created and associated that uses a frequency of "Hourly," and the Annualization factor will be the number of hours in a work year.
D) The Annualization factor used in salary basis is only for display purpose. The amount that is paid to the worker is always determined by the pay period on the payroll linked to worker's assignment.

2. Which three tasks are part of Plan Foundation Configuration Options? (Choosethree.)

A) Plan Currency
B) Components
C) Plan Access
D) Feedback Survey
E) Alerts

3. A corporation implemented Fusion Compensation and must run a compensation cycle. The corporation has seven different active components in the salary basis. Salaries of all the employees must be updated in bulk mode.
Which statement is true about the bulkupdate using Integrated Workbook? (Choose the best answer.)

A) Integrated Workbook can be used to update all the seven components.
B) Only the first five active components will be loaded at a time by Integrated Workbook.
C) Only the first four active components will be loaded at a time by Integrated Workbook.
D) Only the first six active components will be loaded at a time by Integrated Workbook.

4. You have configured acompensation plan to include ratings from the performance management system. For one particular division, the performance ratings have not been finalized and are shown as blank on the compensation worksheet. The manager updates the performance rating whileallocating compensation. What happens in this case? (Choose the best answer.)

A) The rating will be available to only the plans where the same manager is involved.
B) The rating will be available to all plans that are currently active.
C) The rating will be available to only the plan where it is updated.
D) The rating will be available inthe Performance document in the performance system.

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

Solutions: