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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. As an implementation consultant, you are required to define the total compensation statement. You are creating the statement definitions for your compensation statement.
Which three statements are true about the statement definitions? (Choose three.)

A) The statement definition acts as a template and determines the layout and content of the generated statement.
B) Reusing statement definitions by creating new statement periods and then modifying the definition for subsequent periods is not possible.
C) The statement definition consists of compensation items added to compensation categories.
D) Compensation items with sources belonging to different legal employers cannot be added.
E) Multiple legal employers, multiple countries, and multiple currencies cannot be included in one statement.
F) Edits to compensation categories affect all statement definitions that use that category.

2. Yourcustomer's Workforce Compensation Plan for Annual Salary Review is set up with the following dates in the Plan Cycle:
* Evaluation Period Start Date: 1-Jan-2014
* Evaluation Period End Date: 31-Dec-2014
* Worksheet Update Period Start Date: 1-Jan-2014
* WorksheetUpdate Period End Date: 31-Dec-2014
* HR Data Extraction: 31-Dec-2014
* Eligibility Determination Date: 31-Dec-2014
There is a worker with a termination date of 30-Oct-2014. When the Transfer Data to HR process is run, it fails for this worker. What should you do to successfully add the lump sum award element entries and salary adjustments? (Choose the best answer.)

A) The salary adjustment or lumpsum must be manually calculated and added for such workers.
B) The worker termination date should be changed to reflect the same date as the HR Data Extraction date.
C) The salary adjustment or lumpsum effective date must be earlier than or equal to the worker's termination date.
D) Terminated workers should be excluded from being processed in Workforce Compensation plans.
E) The salary adjustment or lumpsum effective date must be later that the worker's payroll last standard process date.

3. As compensation manager, you are generating a total compensation statement for a corporation. Which two options are mandatory to be used as inputs while generating the total compensation statement? (Choose two.)

A) Statement Period
B) Legal Employer
C) Compensation Category
D) Statement Definition Name

4. Employee X was hired on 5 March 2014 as a Web Designer and was reporting to Manager Y.
On10 September 2014, this employee was transferred to Manager Z to work as an Online Campaign designer. The company where Employee X works is doing a compensation cycle for the current year starting 1 October
2014. The employee record set up in the plan setting is "Employment terms," while the Legal Employer of Employee X uses a two-tier model.
On which manager's worksheet does Employee X appear? (Choose the best answer.)

A) Employee X does not appear on any manager's sheet, because he will not be evaluated by thecompensation plan.
B) Both Manager Y and Manager Z, because he has worked under both of them during the current cycle.
C) Manager Y, because this is the original manager of Employee X.
D) Manager Z, because this is the current manager to whom Employee X is reporting.

5. A corporation has implemented Oracle Fusion Workforce Compensation. Per business requirements, the Fusion consultant must integrate Oracle Fusion Workforce Compensation with Oracle Fusion Benefits to fetch the value of Benefits Amountas one of the input values for the Benefit element to get the eligible salary of an employee for the compensation process.
Identify the option that will enable fetching of the Benefits Amount value. (Choose the best answer.)

A) Select the "Allow User Entry" and "Create a Database Item" check boxes for the element input value.
B) Create an "Amount" input value at the element eligibility link level.
C) Select "Pay Separately" as the "Special Purpose" option.
D) Database items are created by default for the element input values.

Solutions: