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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. When initiating an award, what is correct regarding possible workflow tasks? (Choose the best answer.)

A) You must use VariableAllocationTask and edit the rules if using only for notification.
B) You must use VariableAllocationTaskand not VariableAllocationFYITask.
C) You must use VariableAllocationFYITask and not VariableAllocationTask.
D) You may use either VariableAllocationTask and VarialbeAllocationFYITask

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

3. Contingent workers are ineligible as per the eligibility rules defined for your organization's compensation plan. The compensation plan cycle is started. As is the standard practice, the compensation administrator schedules the "Refresh Workforce Compensation Data" nightly. A worker who was a contingent worker is now an employee of the organization and the next day shows up in Manager's worksheet. How is this possible? (Choose the best answer.)

A) Show Ineligible Workers is selected in the compensation plan.
B) Hide Ineligible Workers is selected in the compensation plan.
C) Track Ineligible Workers is selected in the compensation plan.
D) Process IneligibleWorkers is selected in the compensation plan.

4. You are responsible forconfiguring an individual compensation plan with multiple options. Which two statements are true about the plan options? (Choose two.)

A) You can associate each payroll element with one option but with multiple plans.
B) You can associate each option with only one payroll element and input value.
C) You can associate each payroll element with multiple plans and options.
D) You can associate each payroll element with only one plan and option.
E) You can associate each option with the same payroll element and input value.

5. A corporation has implementedOracle Fusion Workforce Compensation for a manufacturing client. As an implementation consultant, you are required to set up the Deduction elements to capture the employee's personal contributions.
Which four can be categorized as Deduction components corresponding to payroll deduction elements?
(Choose four.)

A) Deduction group
B) Input values
C) References for calculation factors
D) Wage basis rules
E) Balance feeds
F) Flat amount
G) Elements

Solutions: