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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Identify the correct option regarding the Payroll element details in the compensation history setup. (Choose the best answer.)

A) Any payroll element can be added and all other details are auto-populated including the history category.
B) Any payroll element can be added and all other details are auto-populated excluding thehistory category.
C) Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated including the history category.
D) Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated excluding the history category.

2. As a compensation manager, in which four cases would you find an employee newly added to your worksheet? (Choose four.)

A) An employee transfers into your organization.
B) A contingent employee becomes a regular employee.
C) An intern in your organization gets his place confirmed as an employee.
D) An employee's data has been corrected by HR and it now satisfies the eligibility criteria.
E) An employee leaves an organization.
F) A loaned employee in your organization returns after assignment completion.

3. What are the two correct options with respect to budgeting when the salary has multiple components?(Choose two.)

A) Budgets cannot be separate for each component.
B) Budgets can be separate for each component.
C) Multiple components cannot have a single budget.
D) Multiple components can have a single budget.

4. As an implementation consultant, you have defined a total compensation statement. You have defined three compensation items (a new hire bonus, a profit sharingbonus, and a quarterly bonus), which are attached to the bonus category. You no longer need the quarterly bonus item but you are unable to delete it.
Which statement is true for the given scenario? (Choose the best answer.)

A) The item cannot be deleted,because it is attached to a category.
B) Before deleting the item, you must configure a zerovalue behavior for the item.
C) More than one administrator might be using the item and, therefore, it cannot be deleted.
D) The above scenario does not stand true as the item can be deleted.

5. A corporation has implemented Oracle Fusion Compensation for a manufacturing client. The Fusion consultant created a Bonus element with primary classification as Supplemental earning.
What is true about the subclassifications for the created element? (Choose the best answer.)

A) Sub-classifications provide a way to feed elements.
B) A sub-classification name cannot be reused under a different primary classification.
C) Elements can have only one sub-classification.
D) Once a sub-classification is associated with a classification, it cannot be associated with another classification.

Solutions: