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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) Text
B) Dates
C) Monetary Values
D) morethan one nonmonetary unit of measure
E) Non Monetary Values

2. 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.

3. Your customer's compensation manager needs to know, what are the four valid statuses of the compensationworksheet? (Choose four.)

A) Processed
B) Partially approved
C) Started
D) Unprocessed
E) Budget Available
F) Submitted
G) Fully Approved
H) Closed

4. Which item is false regarding plan access? (Choose the best answer.)

A) Compensation administrators have access to all plan configuration tasks for all plans.
B) A compensation administrator's general access cannot be overridden.
C) A compensation administrator's general access can be overridden using roles.
D) Compensation managers have access to the budget sheet and worksheets for all plans and employee administration tasks.

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

Solutions: