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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. As an implementation consultant, you have created compensation items for the total compensation statement but have not attached them to compensation categories.
In this situation, which statement is correct? (Choose the best answer.)

A) You can add items to statement definitions directly, and to include items in statements you must add items to a compensation category.
B) To include items instatements you must add items to a compensation category.
C) You cannot add items to statement definitions directly, and you cannot add items to a compensation category.
D) You can add items to statement definitions directly.

2. Your client's organization is a multi-country organization with headquarters in the US, and managers have direct reports in different countries.
In which three ways canthe compensation currency be displayed? (Choose three.)

A) Each employee's local currency
B) The corporate currency
C) Only one currency can be displayed
D) Preferred currency

3. Your client has set up an individual compensation plan for a contribution towards a retirement benefit. This contribution must be approved by the three-level manager hierarchy. While setting up the approval hierarchy, the compensation administrator wanted to set up notifications for any errors occurring during the workflow.
Identify the three allowed options needed to set up notifications accordingly. (Choose three.)

A) Application roles
B) Duty roles
C) Individual users
D) Groups

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

5. Which four tasks are part of Worksheet Configuration Options? (Choose four.)

A) Compensation change statements
B) Models
C) Performance ratings
D) Components
E) Plan cycles
F) Alerts

Solutions: