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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

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

2. Your client wants you to create a single Compensation Change statement that includes compensation awarded formultiple plans. What would you, as an implementation consultant, advise your client? (Choose the best answer.)

A) Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.
B) Create a custom data model that can pullcompensation awarded from different plans and display the data using a BI publisher layout.
C) Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.
D) This is possible only in the on-premises model using customization and is not possible in an Saas instance. Therefore, you would respond accordingly to the client.

3. You arecreating grade rates. What values are necessary for any grade rate that you create? (Choose the best answer.)

A) Minimum, Maximum, or Value
B) Minimum, Maximum, Mid Point, or Value
C) Minimum, Maximum, and Value
D) Minimum, Maximum, Mid Point, and Value

4. Which three tasks are part of Plan Foundation Configuration Options? (Choosethree.)

A) Plan Access
B) Plan Currency
C) Alerts
D) Feedback Survey
E) Components

5. You have configured acompensation plan to include ratings from the performance management system. For one particular division, the performance ratings have not been finalized and are shown as blank on the compensation worksheet. The manager updates the performance rating whileallocating compensation. What happens in this case? (Choose the best answer.)

A) The rating will be available to only the plan where it is updated.
B) The rating will be available to only the plans where the same manager is involved.
C) The rating will be available to all plans that are currently active.
D) The rating will be available inthe Performance document in the performance system.

Solutions: