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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A corporation has implemented Oracle Fusion Workforce Compensation. The requirement is that Bonus Amount should be given only to the Full-Time Assignment categoryemployees who work on weekly payroll.
Additionally, the costing information must be transferred to General Ledger.
Which implementation approach is correct for creating the required element? (Choose the best answer.)

A) creating an input value and setting up costing information at the input value level
B) creating status processing rules and setting up costing information at the status processing level
C) creatingan auto-indirect rule and setting up costing information at the auto-indirect level
D) creating an element eligibility link and setting up costing information at the link level

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

3. What happens if eligibility requirements aredifferent for components than they are for a plan? (Choose the best answer.)

A) Plan-level eligibility is evaluated before component-level eligibility.
B) Component-level eligibility is ignored and a warning is reported.
C) Plan-level eligibility is ignored and a warning is reported.
D) This is not possible. Component-level eligibility is always identical to plan-level eligibility.
E) Component-level eligibility isevaluated before plan-level eligibility.

4. Plan access restrictions control the situations in which an individual compensation plan is available for allocations or contributions by a line manager or worker, and regulate a user's ability to create, update, or discontinue allocations or contributions under the plan. What are three common decisions to make about plan access? (Choose three.)

A) If the plan is going to require updates that are driven by business users in the time frame of the next payroll cycle
B) if planaccess should be related to HR actions
C) whether or not to restrict access to the plan at all
D) if there should be a time period in which a user can create, update, or discontinue allocations or contributions
E) If user access should be based on career levels or earnings thresholds
F) if there should be a "white list" name criteria for access to the plan

5. Your client wants to offer a spot incentive bonus to hourly employees who worked 100 percent of their scheduled shift hours in a three-month period. What type of eligibility profile can you use in this case?
(Choose the best answer.)

A) Derived-factor-based eligibility profile
B) Employment-criteria-based eligibility profile
C) Fast-formula-based eligibility profile
D) User-defined-criteria-based eligibility profile

Solutions: