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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. You are configuring approvals under the Worksheets task list for an annual workforce compensation plan.
Your customer wants the worksheets to be approved by different people other than the hierarchy determined for the plan.
How should you accomplish this? (Choose the best answer.)

A) Have the customer change the business process because you cannot have different approval hierarchies for the plan and the worksheet.
B) Create an alternate manager approval hierarchy and replace the plan hierarchy with the created alternate hierarchy.
C) Create an alternate manager approval hierarchy that overrides the plan hierarchy.
D) Create an alternate position approval hierarchy that overrides the plan hierarchy.

2. Plan access restrictions control the situations in which an individual compensation plan is available for allocations or contributions by a line manager or worker, and regulate a user's ability to create, update, or discontinue allocations or contributions under the plan. What are three common decisions to make about plan access? (Choose three.)

A) whether or not to restrict access to the plan at all
B) If user access should be based on career levels or earnings thresholds
C) If the plan is going to require updates that are driven by business users in the time frame of the next payroll cycle
D) if planaccess should be related to HR actions
E) if there should be a time period in which a user can create, update, or discontinue allocations or contributions
F) if there should be a "white list" name criteria for access to the plan

3. Your client has set up an individual compensation plan for a contribution towards a retirement benefit. This contribution must be approved by the three-level manager hierarchy. While setting up the approval hierarchy, the compensation administrator wanted to set up notifications for any errors occurring during the workflow.
Identify the three allowed options needed to set up notifications accordingly. (Choose three.)

A) Duty roles
B) Individual users
C) Groups
D) Application roles

4. Identify three correct statements about changes in an employee's compensation when the employee's FTE value changes in employment. (Choose three.)

A) If the salary record end date is the same as the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.
B) If the salary record end date is 31-DEC-4712 (that is, the date is "blank" in the salary UI), the FTE value is fetched as of the current system date and Annual Salary and Annual FT Salary are calculated by using that value.
C) If the salary record has the end date after the current date, FTE is fetched as of the salary end date and Annual Salary andAnnual FT Salary are calculated by using that value.
D) If the salary record has the end date before the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.
E) If the salary start date is after the current date (that is, it is a future-dated salary record), theFTE value is fetched as of the salary start date and Annual Salary and Annual FT Salary are calculated by using that value.

5. Employee X was hired on 5 March 2014 as a Web Designer and was reporting to Manager Y.
On10 September 2014, this employee was transferred to Manager Z to work as an Online Campaign designer. The company where Employee X works is doing a compensation cycle for the current year starting 1 October
2014. The employee record set up in the plan setting is "Employment terms," while the Legal Employer of Employee X uses a two-tier model.
On which manager's worksheet does Employee X appear? (Choose the best answer.)

A) Employee X does not appear on any manager's sheet, because he will not be evaluated by thecompensation plan.
B) Both Manager Y and Manager Z, because he has worked under both of them during the current cycle.
C) Manager Z, because this is the current manager to whom Employee X is reporting.
D) Manager Y, because this is the original manager of Employee X.

Solutions: