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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
1. Which three statements are true about individual compensation plans? (Choose three.)
A) A user's ability to access or make updates to awards in individual compensation plans may be restricted by the user's association to a Legislative Data Group.
B) Workers are individual compensation plans to manage their own contributions to charitable or savings plans.
C) Individual compensation plans arenecessary for payment of items such as spot bonus.
D) Individual compensation plans define compensation that managers can award to individual workers outside of the regular compensation cycle, such as spot bonus or education reimbursement.
E) Individual compensation plans are not necessary for payment of items such as spot bonus.
2. A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up the Deductions options.
If Deduction cards are supported at multiple levels, which task in the Setup and Maintenance Work area is used to create deduction card overrides at the Payroll Statutory Unit level? (Choose the best answer.)
A) Manage Legal Reporting Unit Deduction Records
B) Manage Personal Deductions
C) Manage Payroll Deductions
D) Manage Legal Entity DeductionRecords
3. While configuring the Budget page, you are setting the properties of the Job column.
Which two sectionsare available in the properties for the Job column? (Choose two.)
A) Information
B) Legal Employer
C) Default Value
D) General
4. As compensation administrator, you are required to show "Actual amounts paid to the worker" in the Total Compensation Statement. To meet this requirement, which component must be created? (Choose the best answer.)
A) Compensation Statement Definition
B) Compensation Item
C) Compensation Category
D) Compensation Source
5. Yourcustomer's Workforce Compensation Plan for Annual Salary Review is set up with the following dates in the Plan Cycle:
* Evaluation Period Start Date: 1-Jan-2014
* Evaluation Period End Date: 31-Dec-2014
* Worksheet Update Period Start Date: 1-Jan-2014
* WorksheetUpdate Period End Date: 31-Dec-2014
* HR Data Extraction: 31-Dec-2014
* Eligibility Determination Date: 31-Dec-2014
There is a worker with a termination date of 30-Oct-2014. When the Transfer Data to HR process is run, it fails for this worker. What should you do to successfully add the lump sum award element entries and salary adjustments? (Choose the best answer.)
A) Terminated workers should be excluded from being processed in Workforce Compensation plans.
B) The salary adjustment or lumpsum effective date must be earlier than or equal to the worker's termination date.
C) The salary adjustment or lumpsum effective date must be later that the worker's payroll last standard process date.
D) The salary adjustment or lumpsum must be manually calculated and added for such workers.
E) The worker termination date should be changed to reflect the same date as the HR Data Extraction date.
Solutions:
| Question # 1 Answer: B,C,D | Question # 2 Answer: A | Question # 3 Answer: C,D | Question # 4 Answer: D | Question # 5 Answer: B |
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