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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. What additional action would yourecommend to your customer for worker-administered plans to control plan availability in addition to HR actions? (Choose the best answer.)

A) Allocate Workforce Compensation
B) Manage Individual Contribution
C) Manage Variable Allocations
D) Manage Worker Contributions
E) Manage Contributions

2. A corporation has implemented Oracle Fusion Workforce Compensation. The consultant must now create an element eligibility link for an Earnings element.
While creating the element eligibility link, whichthree options can be set up in the element eligibility work area? (Choose three.)

A) costing
B) retroactive components
C) general information
D) input values
E) auto indirect rules
F) status processing rules

3. As an implementation consultant, you want to override the currency on the item definition. The United States Dollar currency iscurrently specified on it. This needs to be overridden to the Indian Rupee. What are the two approaches that you should use to override the currency of the compensation item from the United States Dollar to the Indian Rupee? (Choose two.)

A) Define the source type as Benefit Balance, which has currency specified in the Indian Rupee.
B) Define a Compensation Statement Definition that includes the item and has currency defined as the Indian Rupee.
C) Define a Category that includes the item and has currency defined as the IndianRupee.
D) Define a formula that retrieves compensation and specifies currency as the Indian Rupee.

4. Your customer is planning to configure an Individual Compensation Company Car Plan to include only the Sales department employees. The customer alsowants to restrict luxury model vehicles to executive positions.
Which three statements are true about accomplishing this? (Choose three.)

A) Create an eligibility profile to include the Sales department and the executive positions and attach it to Company Car Plan and the Luxury models option.
B) Createan eligibility profile to include executive positions and attach it to Company Car Plan.
C) Createan eligibility profile to include the executive positions and attach it to the Luxury models option.
D) Create an eligibility profile to include only the Sales department and attach it to Company Car Plan.
E) You can attach eligibility profiles with Plan, Option, or both.
F) You cannot achieve this because you cannot attach eligibility profiles with Plan and Option.

5. A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up Calculation Factors for the deduction elements setup.
Which two statements are correct regardingthe Calculation Factors? (Choose two.)

A) The Manage Deduction Ranges task in the Payroll Calculation work area is used to view the calculation factors defined.
B) Calculation Factors define which classifications of earnings to consider when calculating the basis for the deduction element.
C) The Manage Deduction Group Rates task in the Payroll Calculation work area is used to view the calculation factors defined.
D) Calculation Factors indicate which deduction range to use when calculating the deduction amount.

Solutions: