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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. An organization uses Compensation Statement for its workers in the UK. One of the categories used in the statement has the display name as One-Time Bonus. As an implementation consultant, you are in the process ofconfiguring a new Compensation Statement for workers in India. You decide to reuse the category for the new Compensation Statement. In the process of configuring the Statement Definition, you update the Compensation Category display name to Annual Bonus. However, when the Compensation Statement for workers in the UK displays, it continues to show the Category display name as One-Time Bonus.
What is the cause for this? (Choose the best answer.)

A) Workers in the UK need to refresh their statements in order to see the updated display name.
B) After the Compensation Statement is generated for workers in India, the Category display name of Annual Bonus will start reflecting in the Compensation Statement of workers in the UK.
C) The Compensation Category display name is specific to a Statement Definition.
D) The Compensation Statement Definition synchronization process needs to be run to update the Compensation Category display name in all statement definitions.

2. Which statement is correct about secondary element classifications? (Choose the best answer.)

A) They are user-defined and can be edited.
B) They are predefined and cannot be edited.
C) They are user-defined and cannot be edited.
D) They are predefined andcan be edited.

3. A corporation implemented Oracle Fusion Workforce Compensation. A salary basis has been created and attached to the employee and a compensation cyclehas been run. The corporation wants to include a new component as part of the salary basis.
Which three are predefined components? (Choose three.)

A) Equity adjustment to correct salary compression or inversion
B) Regular and automatic adjustment
C) Adjustment due to corrections within the organization
D) Market adjustment due to salary being out of line with the market

4. While working on a budget sheet or a compensation worksheet, a manager chooses to use the "Export to Excel workbook" option to do his or her work. Which four of the following steps wouldhe or she need to perform upon clicking the "Export to Excel workbook" option and prior to finalizing his or her proposal and submitting it for approval? (Choose four.)

A) Edit the workbook data.
B) Filter the editsand upload only the edited fields.
C) Download and authenticate workbooks.
D) Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
E) Repeat the steps as many times asnecessary to accommodate the revisions.
F) Resolve errors created by the uploaded file.

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

Solutions: