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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. An organization provides compensation such as salary and bonus earnings for its workers. It also tracks commissions and company-paid taxes for them.
Which two statementsare true when configuring the items? (Choose two.)

A) Benefit Balance will require you to specify the Legislative Data Group as the Additional Data Entry.
B) Formula will require you to specify the Legislative Data Group as the Additional Data Entry.
C) Element Entry will require you to specify the Legislative Data Group as the Additional Data Entry.
D) Payroll Balance will require you to specify the Legislative Data Group as the Additional Data Entry.

2. If you enable Performance Ratings and rate workers within WorkforceCompensation, which two statements are true? (Choose two.)

A) These ratings are used across compensation plan and cycles.
B) Managers can rate workers as they allocate compensation.
C) The ratings are transferred to the Performance Management system or toHR.
D) You can display compensation ratings given in the previous plan cycle as a column in the worksheet.

3. What happens when you define Workforce CompensationPlan components but the employees to whom the compensation change is being administered does not have any component in his or her salary? (Choose the best answer.)

A) The last component is automatically mapped to the salary and the amount associated with this component is posted as a salary adjustment to the employee record.
B) The sum of all components identified to be posted as salary is posted as a single salaryadjustment amount to the employee's salary record.
C) The first component is automatically mapped to the salary and the amount associated with this component is posted as a salary adjustment to the employee record.
D) The component adjustment is not posted as a salary adjustment to the employee's record. While designing the compensation plan, ithas to be kept in mind that the plan components must have a direct mapping with the employee's salary components.

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

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

5. The compensation plan that is implemented for your customer has a column that defaults based on a dynamic column. However, as per the customer's requirement, if the value in this column is manually updated in the worksheet by a manager, there should not be any further changes made to it automatically when the "Refresh Data" process is run. How can a compensation administrator achieve this? (Choose the best answer.)

A) by deselecting the Change Worksheet Data triggering event in the dynamic column
B) by deselecting the Start Compensation Cycle triggering event in the dynamic column
C) by setting up the properties of the column as updatable only once
D) by deselecting the Refresh Data triggering event in the dynamic column

Solutions: