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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A corporation is implementing Oracle Fusion Workforce Compensation. Different currencies are set at the Legislative Data Group level, the Organization payment level, the Bank account level, and the payroll element level.
The currency shown whileconfiguring salary basis comes from which level? (Choose the best answer.)

A) From the Organization payment level,because the compensation is finally paid through this
B) From the Bank account level
C) From the input value of the payroll element
D) From the Legislative Data Group level, because that is the highest level in the hierarchy.


2. A corporation is implementing Oracle Fusion Workforce Compensation and must set up compensation history.
Identify the three correct options regarding the salary component. (Choose three.)

A) The base rate shown in the salary section is the average of the pay rate for the entire year.
B) The base rate shown in the previous years is the pay rate on 31 December of each year.
C) The base rate shown in the salary section is the most recent pay rate.
D) The growth rate shown in the details shows both cumulative and average annual salary growth rates.


3. The compensation administrator wants to run Purge Workforce Compensation Data for one of the past compensation plans because the transaction data from that period is not required anymore. However, the compensation administrator does not get the option to include the said plan. What is the reason for this?
(Choose the best answer.)

A) Purge Workforce Compensation Data can be run only for compensation plans that are valid for the future.
B) Purge Workforce Compensation Data can be run only after Back Out Workforce Compensation Data is run withthe "Full Back Out" option.
C) Purge Workforce Compensation Data can be run only for compensation plans with Inactive status.
D) Purge Workforce Compensation Data cannot be run because the Transfer Workforce Compensation Data to HR process has already been run and compensation data transferred to HR.


4. A corporation is implementing Oracle Fusion Workforce Compensation and needs to give a spot bonus for a new hireas well as give the same for special recognition for employees.
Identify the correct option that will enable the organization to achieve the desired results. (Choose the best answer.)

A) Configure the spot bonus as an individual compensation plan andadd "Hire" as an action. Then, after an employee is hired, this plan can be added to employees anytime.
B) Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire," this bonus can be added. Also add "Manage Contributions," which will enable managers to add it to reportees.
C) Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire", this bonus can be added. Also add "Manage Individual Compensation," which will enable Managers to add it to reportees.
D) Configure the spot bonus as an individual compensation plan and add "All" as an action so that this plan can be added to anyone at any time.


5. An employee of a corporation is on a weekly payroll with an hourly rate of 20 USD. Identify the correct option for the frequency shown in the base rate of compensation history. (Choose the best answer.)

A) the frequency of theemployee's salary basis
B) annually, because the history must always be shown with annual amounts
C) weekly, because the employee is on a weekly payroll
D) hourly, because the employee has hourly pay


Solutions:

Question # 1
Answer: D
Question # 2
Answer: B,C,D
Question # 3
Answer: B
Question # 4
Answer: D
Question # 5
Answer: C

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