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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Which alert is advised to be disabled when you are using HCM co-existence between Oracle PeopleSoft HCM and Oracle Fusion Compensation? (Choose the best answer.)

A) Any custom alert
B) Allocation exceeding target
C) Leave of Absence
D) Employee termination

2. A corporation implemented Oracle Fusion WorkforceCompensation. A Salary Basis has been created and attached to the workers and a Compensation cycle has been run. The corporation now wants to use a different Grade rate for the salary basis.
Which option is true? (Choose the best answer.)

A) After the salary basis is associated with any worker, you cannot delete it or modify any characteristic.
Therefore, a new Salary Basis must be created with a new Grade rate.
B) A new Grade rate can be created and the Salary basis can be modified to include it.
C) The salary of an employee is based on the grade to which the employee is assigned. Therefore, nothing has to be changed at the salary basis level once it has been created. Employee data must be modified to reflect the new grade.
D) No new Grade rate can be created.

3. Your client is a consumer goods wholesaler. The client's organization has five departments. While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees in that department. In the current year, only the Electronics department has exceeded its sales target.
How would the compensation manager allocate the extra budget to the manager of the Electronics Department? (Choose the best answer.)

A) Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.
B) Initiate budgets automatically by using the Start Compensation Cycle process.
C) Publish the original budgets to all managers, followed by publishing the extra budget to only the manager of the Electronics department.
D) Request excess budget allocation from the manager above him.

4. Your customer's compensation manager needs to know, what are the four valid statuses of the compensationworksheet? (Choose four.)

A) Unprocessed
B) Budget Available
C) Fully Approved
D) Partially approved
E) Started
F) Closed
G) Processed
H) Submitted

5. Which two tasks are performed by compensation managers while determining budgets?(Choose two.)

A) Publish budgets to line managers to distribute budgets down the reporting hierarchy or to allocate budget amounts at the employee level.
B) Determine budget amounts offline by downloading budget details to a spreadsheet.
C) Manually calculate budget amounts or automatically determine budget amounts by using a model.
D) With administrative budgeting, enable managers to award compensation within their allocated budget amounts by automatically publishing budgetamounts.

Solutions: