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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Which two are element classification types? (Choose two.)

A) Global
B) International
C) US-only
D) Secondary
E) Primary

2. As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for Salary, Merit Increase, and so on. Identify one set of values that Compensation Items can hold. (Choose the best answer.)

A) Monetary, Timestamp, Boolean
B) Monetary, Nonmonetary, Timestamp, Text
C) Monetary, Nonmonetary, Date,Boolean
D) Monetary, Nonmonetary, Date, Text

3. Which two methods can be used by the compensation administrator to publish budgets? (Choose two.)

A) Use a model to distribute budgets.
B) Copy budget amounts from a previous cycle.
C) Publish budgets manually.
D) Publish budgets automatically by running the Build Model process.

4. Identify the list builder that is used in the delivered variable allocation task that appears to all allocations.
(Choose the best answer.)

A) Position Hierarchy
B) Auto Approval
C) Dynamic Approval Group
D) Static Approval Group
E) Supervisory Hierarchy

5. You are the compensation manager of a corporation. Which four tasks can you perform while administering compensation for your workforce? (Choose four.)

A) Analyze plan results.
B) Override line manager allocations, job changes, andperformance ratings.
C) Maintain currency rates and access to plans from the watchlist.
D) Override line manager allocations, job changes, and performance ratings.
E) Create and manage models for use by line managers or by administrators to distribute compensation directly to employees.
F) Run processes to initiate a compensation cycle.

Solutions: