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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Yourcustomer's company spans multiple countries. It follows a global salary increase process in the month of May and awards bonuses twice a year in the month of June and December for workers who are employed in various countries. As an implementation consultant, you must define Statement Periods for the Compensation Statement. Which three options will you consider? (Choose three.)

A) the conversion rate date for currency conversions
B) the date that statements become available toworkers
C) an optional welcome message
D) the date when bonus is awarded to workers
E) the date when merit increases are awarded to workers

2. When upper-level managers change the plan access ofone or more lower-level managers, they receive a notification informing them about the change in access. Which option do they receive to act on the notification? (Choose the best answer.)

A) Reply
B) Accept
C) Reject
D) Dismiss

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

4. You are required to explain to your client the use of Hierarchy design in Compensation Process. Which two Compensation-related activities use Hierarchy? (Choose two.)

A) Sending Compensation alerts
B) Approval routing
C) Feedback survey
D) Plan access
E) Allocating budgets

5. Performance ratings are enabled in the compensation plan. Which three statements are correct regarding performance ratings? (Choose three.)

A) Ifyou use performance ratings while allocating compensation, you can display the latest ratings to the managers during the compensation cycle.
B) You cannot make completed performance document and corresponding ratings from Oracle Fusion Performance Management available to managers in the compensation worksheet.
C) You can allow managers to enter performance ratings during the compensation cycle to be used only in the compensation plan.
D) You can allow managers to update the overall performance rating,overall goal rating, and overall competency rating in the compensation worksheet.

Solutions: