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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. After the compensation plan was configured, the Validate Plan Setup process was run successfully with no warnings or errors. However, when the worksheet is accessed by a Line Manager, the Line Manager notices that employees who are ineligible are also visible in the worksheet despite running the Validate Plan Setup process.
What is the reason for this?(Choose the best answer.)

A) The compensation administrator did not run the Validate Plan Setup process and run the Start Compensation Cycle process instead.
B) The Validate PlanSetup process failed to report errors from the eligibility profiles.
C) The Validate Plan Setup process showed a warning about errors on the eligibility profiles, which was ignored by the compensation administrator.
D) The Validate Plan Setup process does not validate eligibility profiles.

2. Your customer must use Grade Ladders to suitthe industry in which it operates. How should you define the Grade Ladders that the customer needs? (Choose the best answer.)

A) byusing Min, Max, and Mid Point rate values
B) by using LDG-specific Grade Min, Max, and Mid Point rate values
C) by associating the Grade Ladders with legal entities
D) by using steps and rate values

3. A corporation has implemented Oracle Fusion Compensation for a manufacturing client. The Fusion consultant created a Bonus element with primary classification as Supplemental earning.
What is true about the subclassifications for the created element? (Choose the best answer.)

A) Elements can have only one sub-classification.
B) Once a sub-classification is associated with a classification, it cannot be associated with another classification.
C) A sub-classification name cannot be reused under a different primary classification.
D) Sub-classifications provide a way to feed elements.

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

5. A corporation implemented Oracle Fusion Core HR on a three-tier model with Multiple Employment Terms with Multiple Assignments as the employment model. An employee of the corporation has multiple assignments and multiple employment terms on different payroll frequencies.
What kind of salary basis must be associated with the employee? (Choose the best answer.)

A) One salary basis for allassignments and employment terms
B) One salary basis for each assignment and one of them can be used for the employment terms
C) A different salary basis associated with each assignment or employment term.
D) One salary basis for each employment terms and one of them can be used for assignment

Solutions: