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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. 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

2. A corporation is implementing Oracle Fusion Workforce Compensation and needs to set up the following for all employees:
* Salary paid based on the grades of employees.
* Car allowance paid based on the department and position.
* Spot bonus paid based on a committee's decision.
Identify the correctoption for the setup. (Choose the best answer.)

A) Set up Salary and the spot bonus as two salary bases, because there are no eligibility restrictions. Set up the carallowance as an individual compensation plan. Add the required payroll elements and add eligibility profiles for the car allowance for specific departments and positions.
B) Set up on individual compensation plan with all three options. Add the required payroll elements and add restriction based on eligibility profiles and plan access.
C) Set up a salary basis for "Salary" and associate a grade rate matrix and the payroll element to it. Set up individual compensation plans for the car allowance and spot bonus, and restrict the access to line manager and HR specialist respectively. Additionally, add an eligibility profile to the car allowance to restrict it to specific departments and positions.
D) Set up a salary basis for "Salary" and associate a grade rate matrix to it, and add a carallowance and spot bonus as components for the salary basis along with Salary. Attach the required payroll elements to the salary. Have salary validations to restrict access and payment for specific departments and positions.

3. Identify the three correct statements for an alternate approver hierarchy. (Choose three.)

A) By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set orsequence of approvers.
B) You can create multiple approvers for the same manager.
C) The alternate approver must be a part of the regular plan hierarchy.
D) The highest Approval sequence is the final approver.

4. Identify the correct option regarding the Payroll element details in the compensation history setup. (Choose the best answer.)

A) Any payroll element can be added and all other details are auto-populated excluding thehistory category.
B) Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated excluding the history category.
C) Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated including the history category.
D) Any payroll element can be added and all other details are auto-populated including the history category.

5. The compensation plan that is implemented for your customer has a column that defaults based on a dynamic column. However, as per the customer's requirement, if the value in this column is manually updated in the worksheet by a manager, there should not be any further changes made to it automatically when the "Refresh Data" process is run. How can a compensation administrator achieve this? (Choose the best answer.)

A) by deselecting the Refresh Data triggering event in the dynamic column
B) by setting up the properties of the column as updatable only once
C) by deselecting the Change Worksheet Data triggering event in the dynamic column
D) by deselecting the Start Compensation Cycle triggering event in the dynamic column

Solutions: